HashiCorp Inc (HCP) is expecting -0.09% growth in the next quarter: What can investors do to maximize their returns?

QCOM

HashiCorp Inc (NASDAQ: HCP) kicked off on Tuesday, down -0.44% from the previous trading day, before settling in for the closing price of $33.92. Over the past 52 weeks, HCP has traded in a range of $19.26-$34.21.

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During the last 5-year period, the sales growth of Technology Sector giant was 64.44%. While this was happening, its average annual earnings per share was recorded 420.18%. With a float of $149.90 million, this company’s outstanding shares have now reached $202.89 million.

Let’s determine the extent of company efficiency that accounts for 2200 employees. In terms of profitability, gross margin is 82.17%, operating margin of -32.2%, and the pretax margin is -23.35%.

HashiCorp Inc (HCP) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of HashiCorp Inc is 26.12%, while institutional ownership is 61.74%. The most recent insider transaction that took place on Nov 22 ’24, was worth 1,217,069. In this transaction CHIEF TECHNOLOGY OFFICER of this company sold 35,903 shares at a rate of $33.90, taking the stock ownership to the 1,520,000 shares. Before that another transaction happened on Nov 04 ’24, when Company’s CHIEF TECHNOLOGY OFFICER sold 35,904 for $33.86, making the entire transaction worth $1,215,591. This insider now owns 1,520,000 shares in total.

HashiCorp Inc (HCP) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0.03 earnings per share (EPS), higher than consensus estimate (set at -0.04) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 420.18% per share during the next fiscal year.

HashiCorp Inc (NASDAQ: HCP) Trading Performance Indicators

Take a look at HashiCorp Inc’s (HCP) current performance indicators. Last quarter, stock had a quick ratio of 3.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.92. Likewise, its price to free cash flow for the trailing twelve months is 252.00.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.35 in one year’s time.

Technical Analysis of HashiCorp Inc (HCP)

Looking closely at HashiCorp Inc (NASDAQ: HCP), its last 5-days average volume was 1.31 million, which is a drop from its year-to-date volume of 2.98 million. As of the previous 9 days, the stock’s Stochastic %D was 59.90%. Additionally, its Average True Range was 0.17.

During the past 100 days, HashiCorp Inc’s (HCP) raw stochastic average was set at 60.71%, which indicates a significant increase from 37.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 4.51% in the past 14 days, which was higher than the 4.30% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $33.87, while its 200-day Moving Average is $31.63. However, in the short run, HashiCorp Inc’s stock first resistance to watch stands at $33.94. Second resistance stands at $34.10. The third major resistance level sits at $34.21. If the price goes on to break the first support level at $33.67, it is likely to go to the next support level at $33.56. Should the price break the second support level, the third support level stands at $33.40.

HashiCorp Inc (NASDAQ: HCP) Key Stats

The company with the Market Capitalisation of 6.85 billion has total of 202,894K Shares Outstanding. Its annual sales at the moment are 583,140 K in contrast with the sum of -190,670 K annual income. Company’s last quarter sales were recorded 165,140 K and last quarter income was -26,460 K.