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
Phone888-688-6769
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.22 million
Profitability
Miscellaneous
Employees26
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) released its quarterly earnings data on Thursday, November, 8th. The company reported ($0.15) earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.05. The business earned $2.69 million during 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 issued an update on its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share (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?
2 brokers have issued 1-year target prices for HyreCar's shares. Their forecasts range from $4.00 to $4.00. On average, they expect HyreCar's stock price to reach $4.00 in the next twelve months. 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 negative recently, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news 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 news impact score of -1.4 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.
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
- 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 acted as the underwriter for the IPO.
When did the company's lock-up period expire?
HyreCar's lock-up period expired on Monday, December 24th. HyreCar had issued 2,520,000 shares in its IPO on June 27th. The total size of the offering was $12,600,000 based on an initial share price of $5.00. Since the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.
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 $4.00.
How big of a company is HyreCar?
HyreCar has a market capitalization of $46.83 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.
