Should I buy or sell Hour Loop stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hour Loop in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HOUR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HOUR, but not buy additional shares or sell existing shares. View HOUR analyst ratings or view top-rated stocks .

What is Hour Loop's stock price target for 2024?

1 Wall Street analysts have issued 1-year price targets for Hour Loop's stock. Their HOUR share price targets range from $2.00 to $2.00. On average, they predict the company's stock price to reach $2.00 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price. View analysts price targets for HOUR or view top-rated stocks among Wall Street analysts .

How have HOUR shares performed in 2023?

Hour Loop's stock was trading at $2.61 at the beginning of the year. Since then, HOUR shares have decreased by 44.1% and is now trading at $1.46. View the best growth stocks for 2023 here .

Are investors shorting Hour Loop?

Hour Loop saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 15,300 shares, a decline of 23.1% from the October 31st total of 19,900 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.9% of the shares of the stock are short sold. View Hour Loop's Short Interest .

When is Hour Loop's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024. View our HOUR earnings forecast .

What guidance has Hour Loop issued on next quarter's earnings?

Hour Loop updated its FY 2023 earnings guidance on Monday, November, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $145.00 million-$153.00 million, compared to the consensus revenue estimate of $135.50 million.

When did Hour Loop IPO?

(HOUR) raised $6 million in an IPO on Friday, January 7th 2022. The company issued 1,500,000 shares at a price of $4.00 per share.

How do I buy shares of Hour Loop?

Shares of HOUR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Hour Loop Stock Price, News & Analysis (NASDAQ:HOUR)

$1.46

-0.05 (-3.31%)

(As of 11/29/2023 ET)

Compare

Today's Range: $1.46
▼
$1.50
50-Day Range: $1.36
▼
$1.58
52-Week Range: $1.30
▼
$4.89

Volume: 1,526 shs
Average Volume: 198,586 shs
Market Capitalization: $51.22 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $2.00

Hour Loop MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 37.0% Upside
$2.00 Price Target
Short Interest: Healthy
0.89% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.21
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Retail/Wholesale Sector

158th out of 202 stocks

Catalog & Mail - Order Houses Industry

21st out of 28 stocks

3.0

Analyst's Opinion

Consensus Rating
Hour Loop has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.00, Hour Loop has a forecasted upside of 37.0% from its current price of $1.46.
Amount of Analyst Coverage
Hour Loop has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.89% of the float of Hour Loop has been sold short.
Short Interest Ratio / Days to Cover
Hour Loop has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Hour Loop has recently decreased by 23.12%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Hour Loop does not currently pay a dividend.
Dividend Growth
Hour Loop does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HOUR.

1.0

News and Social Media Coverage

News Sentiment
Hour Loop has a news sentiment score of -0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Hour Loop this week, compared to 8 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hour Loop insiders have not sold or bought any company stock.
Percentage Held by Insiders
95.10% of the stock of Hour Loop is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.31% of the stock of Hour Loop is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Hour Loop is -18.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hour Loop is -18.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Hour Loop has a P/B Ratio of 10.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Hour Loop Stock (NASDAQ:HOUR)

Hour Loop, Inc., an online retailer, engages in e-commerce retailing in the United States. The company sells home/garden décor, toys, kitchenware, apparel, and electronics products. It sells its products through hourloop.com and third-party marketplaces. Hour Loop, Inc. was founded in 2013 and is headquartered in Redmond, Washington.

HOUR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HOUR Stock News Headlines

November 27, 2023 | msn.com

Person seriously injured in Loop 375 accident in East El Paso; road reopened to traffic

November 27, 2023 | msn.com

One person hospitalized after motorcycle crash on Loop 375

November 30, 2023 | Autonomix (Ad)

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November 26, 2023 | msn.com

Save 20% on the earplugs one editor swears by in the Loop Black Friday sale

November 24, 2023 | msn.com

I've lost over 700 hours to this Xbox game and at its Black Friday price that'd be less than 3 cents per hour

November 22, 2023 | msn.com

Loop 303 reopened after crash involving motorcycle in Goodyear

November 22, 2023 | news.yahoo.com

Motorcyclist seriously hurt in Goodyear Loop 303 crash

November 22, 2023 | msn.com

Loop 303 reopens in the West Valley after serious motorcycle crash

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 22, 2023 | msn.com

Loop 303 partially closed in the West Valley due to a crash; delays expected

November 19, 2023 | msn.com

Get ready for 24-hour closure along key West El Paso road

November 18, 2023 | news.yahoo.com

Hundreds of Gaza demonstrators block DuSable Lake Shore Drive traffic in Loop

November 18, 2023 | msn.com

The key to fighting the urban doom loop might be a downtown beach

November 16, 2023 | news.yahoo.com

Two-hour standoff leads to Daphne man’s arrest

November 16, 2023 | msn.com

Loop businesses work to rebuild confidence post-pandemic: ‘Everybody deserves to be here’

November 16, 2023 | msn.com

STARS to create new loop route, run longer hours during Memorial Cup

November 15, 2023 | msn.com

Traffic disrupted as tractor-trailer overturns on Inner Loop, driver hospitalized with severe injury

November 15, 2023 | news.yahoo.com

Houston's I-610 South Loop westbound lanes reopen at S. Main after crash

November 15, 2023 | msn.com

Rollover crash, fire involving semi lead to rush hour closures in NB lanes of I-294

November 13, 2023 | msn.com

One Hour of Raw Southern California Surf Footage You Can Keep on Loop

November 13, 2023 | msn.com

Hour Loop GAAP EPS of $0.00, revenue of $29.2M

November 13, 2023 | finanznachrichten.de

Hour Loop, Inc.: Hour Loop Reports Third Quarter 2023 Results

November 13, 2023 | finance.yahoo.com

Hour Loop Reports Third Quarter 2023 Results

November 12, 2023 | msn.com

Crash on Loop 101, at Cardinals Way blocks right lane

November 11, 2023 | chicago.suntimes.com

Person starts fire on L car in the Loop

November 11, 2023 | msn.com

Man starts fire on CTA train in the Loop, Chicago police say

November 11, 2023 | msn.com

Man charged in connection with shooting outside strip club in South Loop

See More Headlines

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Company Calendar

Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Catalog & mail - order houses
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:HOUR
CUSIP: N/A
CIK: 1874875
Web: www.hourloop.com
Phone: 206-385-0488
Fax: N/A
Employees: 186
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $2.00
High Stock Price Target: $2.00
Low Stock Price Target: $2.00
Potential Upside/Downside: +37.0%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,480,000.00
Net Margins: -2.17%
Pretax Margin: -2.74%
Return on Equity: -48.60%
Return on Assets: -12.04%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.41
Quick Ratio: 0.13

Sales & Book Value

Annual Sales: $95.93 million
Price / Sales: 0.53
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.14 per share
Price / Book: 10.43

Miscellaneous

Outstanding Shares: 35,080,000
Free Float: 1,719,000
Market Cap: $51.22 million
Optionable: Not Optionable
Beta: 1.45

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Key Executives

Mr. Sam Lai (Age 40)
Chairman of Board, CEO & Interim CFO
Comp: $614.68k
Ms. Sau Kuen Yu (Age 46)
Senior VP & Director
Comp: $1.02M
Mr. Rahul Ray Ratan (Age 52)
Advisor
Comp: $205.78k
Ms. Emily Wu (Age 45)
Human Resources Manager of Flywheel Consulting Limited

Key Competitors

View All Competitors

HOUR Stock Analysis - Frequently Asked Questions

Should I buy or sell Hour Loop stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hour Loop in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HOUR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HOUR, but not buy additional shares or sell existing shares.
View HOUR analyst ratings or view top-rated stocks.
What is Hour Loop's stock price target for 2024?: 1 Wall Street analysts have issued 1-year price targets for Hour Loop's stock. Their HOUR share price targets range from $2.00 to $2.00. On average, they predict the company's stock price to reach $2.00 in the next twelve months. This suggests a possible upside of 37.0% from the stock's current price.
View analysts price targets for HOUR or view top-rated stocks among Wall Street analysts.
How have HOUR shares performed in 2023?: Hour Loop's stock was trading at $2.61 at the beginning of the year. Since then, HOUR shares have decreased by 44.1% and is now trading at $1.46.
View the best growth stocks for 2023 here.
Are investors shorting Hour Loop?: Hour Loop saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 15,300 shares, a decline of 23.1% from the October 31st total of 19,900 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 3.5 days. Currently, 0.9% of the shares of the stock are short sold.
View Hour Loop's Short Interest.

When is Hour Loop's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024.
View our HOUR earnings forecast.
What guidance has Hour Loop issued on next quarter's earnings?: Hour Loop updated its FY 2023 earnings guidance on Monday, November, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $145.00 million-$153.00 million, compared to the consensus revenue estimate of $135.50 million.
When did Hour Loop IPO?: (HOUR) raised $6 million in an IPO on Friday, January 7th 2022. The company issued 1,500,000 shares at a price of $4.00 per share.
How do I buy shares of Hour Loop?: Shares of HOUR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:HOUR) was last updated on 11/30/2023 by MarketBeat.com Staff

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Hour Loop Stock Price, News & Analysis (NASDAQ:HOUR)

Hour Loop MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Hour Loop Stock (NASDAQ:HOUR)

HOUR Stock Price History

HOUR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

HOUR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™