HyreCar Inc. operates a Web-based car-sharing marketplace in the United States. Its marketplace allows car owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. The company has a strategic partnership with DriveItAway and the PassTime to deliver dealer-focused vehicle tracking and inventory management solution. HyreCar Inc. was founded in 2014 and is headquartered in Los Angeles, California.
Industry, Sector and Symbol
Industry Automotive rental & leasing, without drivers
Sub-IndustryN/A
SectorTransportation
CIKN/A
Phone888-688-6769
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.22 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date3/28/2019 (Confirmed)
OptionableNot Optionable
HyreCar (NASDAQ:HYRE) Frequently Asked Questions
What is HyreCar's stock symbol?
HyreCar trades on the NASDAQ under the ticker symbol "HYRE."
How were HyreCar's earnings last quarter?
HyreCar Inc (NASDAQ:HYRE) announced its earnings results on Monday, August, 13th. The company reported ($0.92) earnings per share (EPS) for the quarter. The business earned $2.27 million during the quarter. View HyreCar's Earnings History.
When is HyreCar's next earnings date?
What price target have analysts set for HYRE?
2 analysts have issued 1-year target prices for HyreCar's stock. Their predictions range from $4.00 to $4.00. On average, they expect HyreCar's share price to reach $4.00 in the next year. This suggests that the stock has a possible downside of 43.7%. View Analyst Price Targets for HyreCar.
What is the consensus analysts' recommendation for HyreCar?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HyreCar in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for HyreCar.
Has HyreCar been receiving favorable news coverage?
Press coverage about HYRE stock has been trending somewhat positive this week, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. HyreCar earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days.
Who are some of HyreCar's key competitors?
What other stocks do shareholders of HyreCar own?
Who are HyreCar's key executives?
HyreCar's management team includes the folowing people:
- Mr. Joseph Furnari, CEO & Director (Age 38)
- Mr. Abhishek Arora, Co-Founder, CTO, Sec. & Director (Age 35)
- Mr. Michael Furnari, Chief Bus. Devel. Officer & Director of Sales (Age 34)
- Mr. Robert Scott Brogi, Chief Financial Officer
- Mr. Henry Park, Chief Operating Officer
When did HyreCar IPO?
(HYRE) raised $12 million in an initial public offering on Wednesday, June 27th 2018. The company issued 2,500,000 shares at $5.00 per share. Network 1 Financial Securities served as the underwriter for the IPO.
Who are HyreCar's major shareholders?
HyreCar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Jane Street Group LLC (0.92%). Company insiders that own HyreCar stock include Anshu Bansal, Joseph Furnari and Michael Furnari. View Institutional Ownership Trends for HyreCar.
Which major investors are buying HyreCar stock?
HYRE stock was bought by a variety of institutional investors in the last quarter, including Jane Street Group LLC. Company insiders that have bought HyreCar stock in the last two years include Joseph Furnari and Michael Furnari. View Insider Buying and Selling for HyreCar.
How do I buy shares of HyreCar?
Shares of HYRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is HyreCar's stock price today?
One share of HYRE stock can currently be purchased for approximately $7.11.
How big of a company is HyreCar?
HyreCar has a market capitalization of $83.26 million and generates $3.22 million in revenue each year.
What is HyreCar's official website?
How can I contact HyreCar?
HyreCar's mailing address is 355 SOUTH GRAND AVENUE SUITE 1650, LOS ANGELES CA, 90071. The company can be reached via phone at 888-688-6769.
MarketBeat Community Rating for HyreCar (NASDAQ HYRE)
MarketBeat's community ratings are surveys of what our community members think about HyreCar and other stocks. Vote "Outperform" if you believe HYRE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HYRE will underperform the S&P 500 over the long term. You may vote once every thirty days.
