NASDAQ:HYRE - HyreCar Stock Price, News, & Analysis

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$3.87 -0.43 (-10.00 %)
(As of 01/17/2019 08:00 AM ET)
Previous Close$4.30
Today's Range$3.80 - $4.36
52-Week Range$1.54 - $6.50
Volume367,800 shs
Average Volume318,691 shs
Market Capitalization$50.35 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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.

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Industry, Sector and Symbol

Industry Automotive rental & leasing, without drivers
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:HYRE
CUSIPN/A
Phone888-688-6769

Debt

Current Ratio7.22
Quick Ratio7.22

Price-To-Earnings

Sales & Book Value

Annual Sales$3.22 million
Price / Sales14.07
Price / Cash FlowN/A
Price / BookN/A

Profitability

Net IncomeN/A
Net MarginsN/A
Return on AssetsN/A

Miscellaneous

Employees26
Market Cap$50.35 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) issued its quarterly earnings results on Thursday, November, 8th. The company reported ($0.15) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.20) by $0.05. The company 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?

HyreCar is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for HyreCar.

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?

2 analysts have issued 1 year price targets for HyreCar's stock. Their forecasts range from $4.00 to $4.00. On average, they expect HyreCar's stock price to reach $4.00 in the next year. This suggests a possible upside of 3.4% from the stock's current price. 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?

News headlines about HYRE stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. HyreCar earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 7.0 out of 10, meaning that recent news coverage is likely to have an impact on the stock's share price in the immediate future.

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 IPO 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 HyreCar's lock-up period expire?

HyreCar's lock-up period expired 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 are now eligible to be traded as a result of 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 $3.87.

How big of a company is HyreCar?

HyreCar has a market capitalization of $50.35 million and generates $3.22 million in revenue each year. HyreCar employs 26 workers across the globe.

What is HyreCar's official website?

The official website for HyreCar is http://www.hyrecar.com.

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  61 (Vote Underperform)
Total Votes:  107
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.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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