The Hyrecar stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, Data-Driven rating system and does not include human intervention.
HyreCar, Inc. engages in the operation of a peer-to-peer car-sharing marketplace. Its services allow car owners to rent their idle cars to ridesharing service drivers. The company was founded by Anshu Bansal and Abhishek Arora in July 2014 and is headquartered in Los Angeles, CA.
What was Hyrecar’s price range in the past 12 months?
Hyrecar lowest stock price was $2.06 and its highest was $19.43 in the past 12 months.
What is Hyrecar’s market cap?
Hyrecar’s market cap is $386.70M.
What is Hyrecar’s price target?
The average price target for Hyrecar is $15.00. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $18.00 ,the lowest forecast is $13.00. The average price target represents -20.97% Decrease from the current price of $18.98.
What do analysts say about Hyrecar?
Hyrecar’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 3 Wall Streets Analysts.
When is Hyrecar’s upcoming earnings report date?
Hyrecar’s upcoming earnings report date is Aug 18, 2021 which is in 2 months.
How were Hyrecar’s earnings last quarter?
Hyrecar released its earnings results on May 13, 2021. The company reported -$0.375 earnings per share for the quarter, missing the consensus estimate of -$0.138 by -$0.237.
Is Hyrecar overvalued?
According to Wall Street analysts Hyrecar’s price is currently Overvalued.
Does Hyrecar pay dividends?
Hyrecar does not currently pay dividends.
What is Hyrecar’s EPS estimate?
Hyrecar’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Hyrecar have?
Hyrecar has 20,370,000 shares outstanding.
What happened to Hyrecar’s price movement after its last earnings report?
Hyrecar reported an EPS of -$0.375 in its last earnings report, missing expectations of -$0.138. Following the earnings report the stock price went up 34.619%.
Which hedge fund is a major shareholder of Hyrecar?
Among the largest hedge funds holding Hyrecar’s share is Driehaus Capital Management LLC. It holds Hyrecar’s shares valued at 8M.