Sidoti Csr Comments on HeartCore Enterprises, Inc.’s Q3 2024 Earnings (NASDAQ:HTCR)

HeartCore Enterprises, Inc. (NASDAQ:HTCR) – Equities researchers at Sidoti Csr issued their Q3 2024 earnings estimates for HeartCore Enterprises in a research report issued on Tuesday, October 8th. Sidoti Csr analyst A. Shah expects that the company will earn $0.30 per share for the quarter. The consensus estimate for HeartCore Enterprises’ current full-year earnings is $0.39 per share. Sidoti Csr also issued estimates for HeartCore Enterprises’ Q4 2024 earnings at ($0.03) EPS, FY2024 earnings at $0.11 EPS, Q1 2025 earnings at ($0.03) EPS, Q2 2025 earnings at ($0.07) EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at ($0.08) EPS.

HeartCore Enterprises Price Performance

HTCR stock opened at $0.78 on Thursday. The stock has a 50-day moving average price of $0.69 and a two-hundred day moving average price of $0.77. The company has a market cap of $16.27 million, a PE ratio of -2.23 and a beta of 1.53. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.39. HeartCore Enterprises has a 12-month low of $0.36 and a 12-month high of $1.25.

HeartCore Enterprises (NASDAQ:HTCR) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $4.07 million for the quarter, compared to analysts’ expectations of $5.90 million. HeartCore Enterprises had a negative net margin of 49.30% and a negative return on equity of 104.23%.

HeartCore Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 26th. Investors of record on Monday, August 19th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 10.26%. The ex-dividend date of this dividend was Monday, August 19th. HeartCore Enterprises’s dividend payout ratio (DPR) is presently -22.86%.

HeartCore Enterprises Company Profile

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.