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
Stock Exchange NASDAQ
Industry Automotive rental & leasing, without drivers
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:HYRE
Previous Symbol
CUSIPN/A
Phone888-688-6769
Debt
Debt-to-Equity RatioN/A
Current Ratio7.22
Quick Ratio7.22
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$3.22 million
Price / Sales7.75
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees26
Outstanding Shares11,710,000
Market Cap$25.17 million
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) posted its earnings results on Thursday, November, 8th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.20) by $0.05. The firm had revenue of $2.69 million for the quarter, compared to analysts' expectations of $2.62 million. View HyreCar's Earnings History.
When is HyreCar's next earnings date?
What guidance has HyreCar issued on next quarter's earnings?
HyreCar updated its FY 2018 earnings guidance on Thursday, November, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $9.75-10.25 billion.
What price target have analysts set for HYRE?
1 brokerages have issued twelve-month target prices for HyreCar's stock. Their predictions range from $4.00 to $4.00. On average, they anticipate HyreCar's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 87.8% from the stock's current price. View Analyst Price Targets for HyreCar.
What is the consensus analysts' recommendation for HyreCar?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HyreCar in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HyreCar.
Has HyreCar been receiving favorable news coverage?
News coverage about HYRE stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. HyreCar earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days.
Who are some of HyreCar's key competitors?
Who are HyreCar's key executives?
HyreCar's management team includes the folowing people:
- Mr. Joseph Furnari, CEO & Director (Age 37)
- Mr. Abhishek Arora, CTO, Sec. & Director (Age 35)
- Mr. Michael Furnari, Chief Bus. Devel. Officer & Director of Sales (Age 33)
- Mr. Robert Scott Brogi, Chief Financial Officer
- Ms. Rukmini Baruah, VP of Operations
When did HyreCar IPO?
(HYRE) raised $12 million in an IPO on Wednesday, June 27th 2018. The company issued 2,500,000 shares at a price of $5.00 per share. Network 1 Financial Securities acted as the underwriter for the IPO.
When does HyreCar's lock-up period expire?
HyreCar's lock-up period expires on Monday, December 24th. HyreCar had issued 2,520,000 shares in its public offering on June 27th. The total size of the offering was $12,600,000 based on an initial share price of $5.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.
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 $2.13.
How big of a company is HyreCar?
HyreCar has a market capitalization of $25.17 million and generates $3.22 million in revenue each year. HyreCar employs 26 workers across the globe.
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.
