HeartCore Enterprises (HTCR) to Release Earnings on Thursday

HeartCore Enterprises (NASDAQ:HTCR) is projected to announce its results before the market opens on Thursday, November 13th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.

HeartCore Enterprises (NASDAQ:HTCR) last issued its quarterly earnings results on Wednesday, August 13th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.08) by $0.12. HeartCore Enterprises had a positive return on equity of 141.93% and a negative net margin of 0.62%.The company had revenue of $4.70 million for the quarter, compared to the consensus estimate of $5.27 million. On average, analysts expect HeartCore Enterprises to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

HeartCore Enterprises Stock Down 6.7%

Shares of HTCR stock opened at $0.70 on Wednesday. HeartCore Enterprises has a 12 month low of $0.39 and a 12 month high of $3.38. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.52. The firm has a market cap of $16.32 million, a PE ratio of -69.93 and a beta of 1.91. The stock has a 50 day moving average of $0.86 and a 200-day moving average of $0.68.

HeartCore Enterprises Announces Dividend

The business also recently announced a special dividend, which will be paid on Monday, November 17th. Investors of record on Monday, November 10th will be paid a dividend of $0.13 per share. The ex-dividend date is Monday, November 10th.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Weiss Ratings restated a “sell (d)” rating on shares of HeartCore Enterprises in a research report on Wednesday, October 8th. Zacks Research cut HeartCore Enterprises from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 20th. Finally, Wall Street Zen upgraded HeartCore Enterprises to a “hold” rating in a research note on Saturday, October 25th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce”.

About HeartCore Enterprises

HeartCore Enterprises, Inc, a software development company, provides Software as a Service solutions to enterprise customers in Japan and internationally. Its customer experience management platform includes marketing, sales, service, and content management systems, as well as other tools and integrations, which enable companies to enhance the customer experience and drive engagement.