Hyperfine Inc

Company Profile

Hyperfine Inc had its IPO on 2021-01-27 under the ticker symbol HYPR.

The company operates in the Healthcare sector and Medical Devices industry. Hyperfine Inc has a staff strength of 136 employees.

Stock update

Shares of Hyperfine Inc opened at $1.81 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $1.81 - $2.02, and closed at $1.97.

This is a +6.49% increase from the previous day's closing price.

A total volume of 93,232 shares were traded at the close of the day’s session.

In the last one week, shares of Hyperfine Inc have slipped by -3.43%.

Hyperfine Inc's Key Ratios

Hyperfine Inc has a market cap of $145.54 million, indicating a price to book ratio of 0.4183 and a price to sales ratio of 11.1497.

In the last 12-months Hyperfine Inc’s revenue was $9.79 million with a gross profit of $907000 and an EBITDA of $-50626000. The EBITDA ratio measures Hyperfine Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Hyperfine Inc’s operating margin was -527.56% while its return on assets stood at -23.53% with a return of equity of -38.63%.

In Q2, Hyperfine Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 120.5%.

Hyperfine Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.71 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hyperfine Inc’s profitability.

Hyperfine Inc stock is trading at a EV to sales ratio of 0.1817 and a EV to EBITDA ratio of 0.1037. Its price to sales ratio in the trailing 12-months stood at 11.1497.

Hyperfine Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$112.61 million

Total Liabilities

$8.04 million

Operating Cash Flow

$0

Capital Expenditure

$222000

Dividend Payout Ratio

0%

Hyperfine Inc ended 2024 with $112.61 million in total assets and $0 in total liabilities. Its intangible assets were valued at $112.61 million while shareholder equity stood at $103.29 million.

Hyperfine Inc ended 2024 with $0 in deferred long-term liabilities, $8.04 million in other current liabilities, 7000.00 in common stock, $-232281000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $93.95 million and cash and short-term investments were $93.95 million. The company’s total short-term debt was $4,021,000 while long-term debt stood at $0.

Hyperfine Inc’s total current assets stands at $107.82 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $4.61 million compared to accounts payable of $1.37 million and inventory worth $5.98 million.

In 2024, Hyperfine Inc's operating cash flow was $0 while its capital expenditure stood at $222000.

Comparatively, Hyperfine Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1.97

52-Week High

$3.28

52-Week Low

$0.68

Analyst Target Price

$2.63

Hyperfine Inc stock is currently trading at $1.97 per share. It touched a 52-week high of $3.28 and a 52-week low of $3.28. Analysts tracking the stock have a 12-month average target price of $2.63.

Its 50-day moving average was $2.38 and 200-day moving average was $1.59 The short ratio stood at 1.93 indicating a short percent outstanding of 0%.

Around 907.4% of the company’s stock are held by insiders while 2637.7% are held by institutions.