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Home โบ Stocks โบ Hour Loop Inc. (HOUR) Stock Forecast & Price Prediction United States | NASDAQ | Consumer Cyclical | Internet Retail
$1.34
-0.02 (-1.47%)10 Quality Stocks Worth Considering Now
Researching Hour Loop (HOUR) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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HOUR has shown a year-to-date change of -40.4% and a 1-year change of 25.2%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for HOUR. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for HOUR.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Aug 10, 2023 | EF Hutton | Michael Albanese | Hold | Reiterates | $1.75 |
May 16, 2023 | EF Hutton | Michael Albanese | Hold | Reiterates | $2.00 |
Apr 3, 2023 | EF Hutton | Michael Albanese | Hold | Downgrade | $2.00 |
Dec 15, 2022 | EF Hutton | Michael Albanese | Buy | Assumes | $5.00 |
Aug 16, 2022 | EF Hutton | Ben Piggott | Buy | Maintains | $5.00 |
Feb 9, 2022 | EF Hutton | Buy | Initiates | $0.00 |
The following stocks are similar to Hour Loop based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Hour Loop Inc. has a market capitalization of $47.81M with a P/E ratio of 67.0x. The company generates $138.25M in trailing twelve-month revenue with a 0.5% profit margin.
Revenue growth is -8.5% quarter-over-quarter, while maintaining an operating margin of -4.5% and return on equity of +13.7%.
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E-commerce retailing of consumer goods.
The company operates an online retailing platform, primarily distributing products through major marketplaces like Amazon. It generates revenue by selling a diverse range of consumer goods, including home dรฉcor, kitchenware, toys, electronics, and pet supplies, while leveraging digital channels to enhance the shopping experience.
Hour Loop Inc. utilizes data analytics for inventory management and logistics optimization, ensuring timely delivery and high customer satisfaction. It is well-positioned in the growing e-commerce industry, benefiting from the increasing consumer shift towards online shopping.
Consumer Cyclical
Internet Retail
151
Mr. Sam Lai
United States
2022
Hour Loop, Inc. (NASDAQ: HOUR) reported a 4.6% revenue increase to $138.3 million in 2024, with net income of $0.66 million, reversing a loss in 2023. Operating cash flow improved to $0.3 million.
Hour Loop's profitability and revenue growth signal resilience amid economic challenges, boosting investor confidence and suggesting potential for future gains.
Hour Loop, Inc. reported Q1 2024 net revenues of $24.7M, up 17.2% year-over-year, and net income of $1.1M, reversing a loss from last year. Operating cash flow improved to $0.5M.
Hour Loop's return to profitability and revenue growth signals operational strength, contrasting with broader economic concerns, potentially boosting investor confidence and stock performance.
Hour Loop, Inc. (NASDAQ: HOUR) reported a 37.7% revenue increase to $132.1 million in 2023, despite a net loss of $2.4 million. Operating cash used improved to $2.1 million from $11.6 million.
Strong revenue growth amid a tough e-commerce landscape signals resilience. Guidance for 2024 provides clarity on future performance, crucial for assessing investment potential.
Hour Loop, Inc. (NASDAQ: HOUR) reports strong revenue growth in Q3 2023 and raises its full-year revenue guidance amid a challenging e-commerce environment.
Strong revenue growth and increased guidance indicate Hour Loop's resilience in a tough e-commerce market, suggesting potential for future profitability and attracting investor interest.
Hour Loop, Inc. (NASDAQ: HOUR) reports strong revenue growth in Q2 2023 and has revised its full-year revenue guidance upward amid a challenging e-commerce environment.
Strong revenue growth and revised higher guidance signal robust performance, boosting investor confidence in Hour Loop's resilience amid e-commerce challenges.
Hour Loop, Inc. (NASDAQ: HOUR) reported strong revenue growth for Q1 2023 and provided full-year revenue and net income guidance, despite challenges in the e-commerce sector.
Strong revenue growth amid a tough e-commerce landscape signals resilience, while full-year guidance indicates confidence in future performance, potentially boosting investor sentiment and stock value.
Analyst forecasts for Hour Loop Inc. (HOUR) are not currently available. The stock is trading at $1.34.
Analyst ratings for HOUR are not currently available. The stock is currently trading at $1.34. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for HOUR are not currently available. The stock is trading at $1.34.
The company operates an online retailing platform, primarily distributing products through major marketplaces like Amazon. It generates revenue by selling a diverse range of consumer goods, including home dรฉcor, kitchenware, toys, electronics, and pet supplies, while leveraging digital channels to enhance the shopping experience.
Price targets from Wall Street analysts for HOUR are not currently available. The stock is trading at $1.34.
Price targets from Wall Street analysts for HOUR are not currently available. The stock is trading at $1.34.
Analyst ratings for HOUR are not currently available. The stock is trading at $1.34.
Stock price projections, including those for Hour Loop Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.