NASDAQ:HROW

Harrow Health - HROW Stock Forecast, Price & News

$8.89

-0.17 (-1.88%)

(As of 09/8/2022 10:22 AM ET)

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Today's Range: $8.87
▼
$9.04
50-Day Range: $6.57
▼
$9.64
52-Week Range: $5.40
▼
$12.99

Volume: 763 shs
Average Volume: 95,282 shs
Market Capitalization: $240.65 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $17.50

Harrow Health MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 93.2% Upside
$17.50 Price Target
Short Interest: Healthy
2.15% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.21) to $0.40 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.06 out of 5 stars

Medical Sector

588th out of 1,091 stocks

Pharmaceutical Preparations Industry

271st out of 536 stocks

3.5

Analyst's Opinion

Consensus Rating
Harrow Health has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.50, Harrow Health has a forecasted upside of 93.2% from its current price of $9.06.
Amount of Analyst Coverage
Harrow Health has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.15% of the float of Harrow Health has been sold short.
Short Interest Ratio / Days to Cover
Harrow Health has a short interest ratio ("days to cover") of 5.8.
Change versus previous month
Short interest in Harrow Health has recently decreased by 41.45%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Harrow Health does not currently pay a dividend.
Dividend Growth
Harrow Health does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HROW.

1.1

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 2 news articles for Harrow Health this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for HROW on MarketBeat in the last 30 days.
MarketBeat Follows
1 people have added Harrow Health to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Harrow Health insiders have not sold or bought any company stock.
Percentage Held by Insiders
14.26% of the stock of Harrow Health is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
59.83% of the stock of Harrow Health is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Harrow Health are expected to grow in the coming year, from ($0.21) to $0.40 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Harrow Health is -10.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Harrow Health is -10.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Harrow Health has a P/B Ratio of 22.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Harrow Health (NASDAQ:HROW) Stock

Harrow Health, Inc. operates as an ophthalmic-focused healthcare company. The company owns ImprimisRx, an ophthalmology outsourcing and pharmaceutical compounding business; and DEXYCU for the treatment of post-operative inflammation. The company also holds equity interests in Surface Ophthalmics, Inc., a clinical-stage pharmaceutical company that focuses on development and commercialization of therapeutics for ocular surface diseases; Melt Pharmaceuticals, Inc., a clinical-stage pharmaceutical company that focused on the development and commercialization of proprietary non-intravenous, sedation, and anesthesia therapeutics for human medical procedures in hospital, outpatient, and in-office settings; and Eton Pharmaceuticals, Inc., a commercial-stage pharmaceutical company that engages in developing and commercializing drug products. Harrow Health, Inc. owns royalty rights in four clinical stage drug candidates being developed by Surface Ophthalmics, Inc. and Melt Pharmaceuticals, Inc. The company was formerly known as Imprimis Pharmaceuticals, Inc. and changed its name to Harrow Health, Inc. in December 2018. Harrow Health, Inc. was incorporated in 2006 and is headquartered in San Diego, California.

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HROW Stock News Headlines

August 27, 2022 | finance.yahoo.com

Is Harrow Health (HROW) a Wise Investment Choice?

August 19, 2022 | seekingalpha.com

SRK Capital - Harrow Health: Market Missing The Forest For The Trees

September 8, 2022 | x1esports (Ad)

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August 11, 2022 | finance.yahoo.com

Harrow Health to Participate in H.C. Wainwright 2nd Annual Ophthalmology Virtual Conference

July 27, 2022 | finance.yahoo.com

Harrow Health to Announce Second Quarter 2022 Financial Results on August 9, 2022

July 16, 2022 | uk.finance.yahoo.com

Harrow Health, Inc. (HROW)

July 16, 2022 | finance.yahoo.com

Harrow Health's (NASDAQ:HROW) investors will be pleased with their stellar 151% return over the last five years

May 26, 2022 | seekingalpha.com

Harrow Health files for $300M mixed shelf offering

September 8, 2022 | Investing Trends (Ad)

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May 8, 2022 | seekingalpha.com

Harrow Health's (HROW) CEO Mark L. Baum on Q1 2022 Results - Earnings Call Transcript

May 6, 2022 | seekingalpha.com

Harrow Health, Inc. 2022 Q1 - Results - Earnings Call Presentation

May 6, 2022 | finance.yahoo.com

Is Harrow Health, Inc.'s (NASDAQ:HROW) Shareholder Ownership Skewed Towards Insiders?

May 4, 2022 | finance.yahoo.com

Melt Pharmaceuticals Announces MELT-210 Top-Line Results of Phase 1 Pharmacokinetics (PK) Study for Procedural Sedation

April 20, 2022 | finance.yahoo.com

Harrow Health to Announce First Quarter 2022 Financial Results on May 5, 2022

March 31, 2022 | finance.yahoo.com

Harrow Health Announces Appointments to Its Board of Directors

March 11, 2022 | theglobeandmail.com

Instrument Name Harrow Health Inc Instrument Symbol (HROW-Q)

March 10, 2022 | finance.yahoo.com

Melt Pharmaceuticals Names Experienced Executive Brad Osborne as Chief Financial Officer

February 24, 2022 | finance.yahoo.com

Harrow Health to Announce Fourth Quarter and Year-End 2021 Financial Results on March 10, 2022

February 15, 2022 | finance.yahoo.com

Harrow Health to Present at Aegis Virtual Conference

February 8, 2022 | finance.yahoo.com

Harrow Health Publishes Corporate Transparency Report

January 4, 2022 | finance.yahoo.com

Melt Pharmaceuticals Submits INDs for MELT‑210 and MELT-400 to FDA

December 30, 2021 | finance.yahoo.com

Select Medical's (SEM) Rising Stake in Concentra to Aid

December 13, 2021 | finance.yahoo.com

Harrow Health Added to the Nasdaq Biotechnology Index

December 7, 2021 | finance.yahoo.com

EyePoint Pharmaceuticals and Harrow Health’s ImprimisRx Announce Expanded U.S. Commercial Alliance for DEXYCU®

November 29, 2021 | finance.yahoo.com

Harrow (HROW) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?

November 19, 2021 | nasdaq.com

Earnings Estimates Moving Higher for Harrow (HROW): Time to Buy?

November 10, 2021 | seekingalpha.com

Harrow Health, Inc. 2021 Q3 - Results - Earnings Call Presentation

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HROW Company Calendar

Last Earnings: 8/09/2022
Today: 9/08/2022
Next Earnings (Estimated): 11/08/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Pharmaceutical preparations
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:HROW
CUSIP: N/A
CIK: 1360214
Web: www.harrowinc.com
Phone: (615) 733-4730
Fax: 858-345-1745
Employees: 182
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $16.00
High Stock Price Forecast: $17.00
Low Stock Price Forecast: $15.00
Forecasted Upside/Downside: +96.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.90)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-18,010,000.00
Net Margins: -28.96%
Pretax Margin: -28.75%
Return on Equity: 17.50%
Return on Assets: 1.87%

Debt

Debt-to-Equity Ratio: 13.36
Current Ratio: 5.01
Quick Ratio: 4.61

Sales & Book Value

Annual Sales: $72.48 million
Price / Sales: 3.32
Cash Flow: $0.06 per share
Price / Cash Flow: 139.79
Book Value: $0.41 per share
Price / Book: 21.68

Miscellaneous

Outstanding Shares: 27,070,000
Free Float: 23,210,000
Market Cap: $240.65 million
Optionable: Optionable
Beta: 0.65

Key Executives

Mr. Mark L. Baum J.D. (Age 49)
CEO & Chairman
Comp: $1.07M

Mr. Andrew R. Boll C.F.A. (Age 40)
C.M.A., CFA, CMA, CFO & Corp. Sec.
Comp: $716.73k

Dr. Robert J. Kammer D.D.S. (Age 73)
Special Advisor
Comp: $91.88k

Mr. John P. Saharek (Age 62)
Pres of ImprimisRx
Comp: $621.92k

Mr. David Moufarrège
VP of Technology

Jamie Webb
Director of Communications & Investor Relations

Dr. Dennis E Saadeh Pharm.D.
Chief of Formulation Strategy

Dr. Larry M. Dillaha
Chief Medical Officer

Mr. Andrew Livingston
Chief Innovation Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HROW Stock - Frequently Asked Questions

Should I buy or sell Harrow Health stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Harrow Health in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HROW shares.
View HROW analyst ratings or view top-rated stocks.
What is Harrow Health's stock price forecast for 2022?: 2 analysts have issued 12-month target prices for Harrow Health's shares. Their HROW share price forecasts range from $15.00 to $20.00. On average, they predict the company's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 93.2% from the stock's current price.
View analysts price targets for HROW or view top-rated stocks among Wall Street analysts.
How have HROW shares performed in 2022?: Harrow Health's stock was trading at $8.64 at the beginning of the year. Since then, HROW shares have increased by 4.9% and is now trading at $9.06.
View the best growth stocks for 2022 here.
When is Harrow Health's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our HROW earnings forecast.
How were Harrow Health's earnings last quarter?: Harrow Health, Inc. (NASDAQ:HROW) posted its earnings results on Tuesday, August, 9th. The company reported $0.01 EPS for the quarter. The company had revenue of $23.32 million for the quarter. Harrow Health had a positive trailing twelve-month return on equity of 17.50% and a negative net margin of 28.96%.
What other stocks do shareholders of Harrow Health own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Harrow Health investors own include NVIDIA (NVDA), Aldeyra Therapeutics (ALDX), OPKO Health (OPK), QUALCOMM (QCOM), SCYNEXIS (SCYX), Sorrento Therapeutics (SRNE), CymaBay Therapeutics (CBAY), VBI Vaccines (VBIV), Exelixis (EXEL) and Mustang Bio (MBIO).

What is Harrow Health's stock symbol?: Harrow Health trades on the NASDAQ under the ticker symbol "HROW."
Who are Harrow Health's major shareholders?: Harrow Health's stock is owned by many different institutional and retail investors. Top institutional investors include Opaleye Management Inc. (12.31%), Ophir Asset Management Pty Ltd (5.48%), Renaissance Technologies LLC (4.32%), Private Capital Management LLC (3.68%), Acuitas Investments LLC (1.09%) and Anchor Capital Advisors LLC (0.84%). Insiders that own company stock include David P Kennedy, Opaleye Management Inc, Richard L Md Lindstrom, Richard L Md Lindstrom and Robert J Kammer.
View institutional ownership trends.
How do I buy shares of Harrow Health?: Shares of HROW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Harrow Health's stock price today?: One share of HROW stock can currently be purchased for approximately $9.06.
How much money does Harrow Health make?: Harrow Health (NASDAQ:HROW) has a market capitalization of $245.25 million and generates $72.48 million in revenue each year. The company earns $-18,010,000.00 in net income (profit) each year or ($0.90) on an earnings per share basis.
How many employees does Harrow Health have?: The company employs 182 workers across the globe.
How can I contact Harrow Health?: Harrow Health's mailing address is 102 Woodmont Blvd. Suite 610, Nashville TN, 37205. The official website for the company is www.harrowinc.com. The company can be reached via phone at (615) 733-4730, via email at jpatton@harrowinc.com, or via fax at 858-345-1745.

This page (NASDAQ:HROW) was last updated on 9/8/2022 by MarketBeat.com Staff

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Harrow Health - HROW Stock Forecast, Price & News

Harrow Health MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month