NASDAQ:HRMY

Harmony Biosciences (HRMY) Stock Price, News & Analysis

$30.27
-0.64 (-2.07%)
(As of 05/1/2024 ET)
Today's Range
$29.62
$30.71
50-Day Range
$28.85
$33.65
52-Week Range
$18.61
$39.26
Volume
783,153 shs
Average Volume
396,711 shs
Market Capitalization
$1.72 billion
P/E Ratio
14.28
Dividend Yield
N/A
Price Target
$40.63

Harmony Biosciences MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
34.2% Upside
$40.63 Price Target
Short Interest
Bearish
21.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.68mentions of Harmony Biosciences in the last 14 days
Based on 28 Articles This Week
Insider Trading
Selling Shares
$389,536 Sold Last Quarter
Proj. Earnings Growth
31.33%
From $3.00 to $3.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.07 out of 5 stars

Medical Sector

164th out of 927 stocks

Pharmaceutical Preparations Industry

59th out of 415 stocks

HRMY stock logo

About Harmony Biosciences Stock (NASDAQ:HRMY)

Harmony Biosciences Holdings, Inc., a commercial-stage pharmaceutical company, focuses on developing and commercializing therapies for patients with rare and other neurological diseases in the United States. The company offers WAKIX (pitolisant), a molecule with a novel mechanism of action for the treatment of excessive daytime sleepiness in adult patients with narcolepsy. It also offers HBS-102, a melanin-concentrating hormone receptor 1 for MCH neurons. The company was formerly known as Harmony Biosciences II, Inc. and changed its name to Harmony Biosciences Holdings, Inc. in February 2020. Harmony Biosciences Holdings, Inc. was incorporated in 2017 and is headquartered in Plymouth Meeting, Pennsylvania.

HRMY Stock Price History

HRMY Stock News Headlines

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Biden to Launch “FedNOW” [Move Your Money Now]
Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...
Key Takeaways From Harmony Biosciences Analyst Ratings
Harmony Biosciences earnings: here's what Wall Street expects
Harmony Biosciences (HRMY) Set to Announce Earnings on Tuesday
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/02/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:HRMY
Fax
N/A
Employees
246
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.63
High Stock Price Target
$59.00
Low Stock Price Target
$27.00
Potential Upside/Downside
+34.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$128.85 million
Pretax Margin
29.79%

Debt

Sales & Book Value

Annual Sales
$582.02 million
Cash Flow
$2.70 per share
Book Value
$7.97 per share

Miscellaneous

Free Float
39,299,000
Market Cap
$1.72 billion
Optionable
Optionable
Beta
0.73
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Key Executives

  • Mr. Jeffrey S. Aronin (Age 56)
    Founder & Non-Executive Chairman
    Comp: $19.6k
  • Dr. Jeffrey M. Dayno M.D. (Age 67)
    President, CEO & Director
    Comp: $762.15k
  • Mr. Jeffrey Dierks M.B.A. (Age 52)
    Executive VP & Chief Commercial Officer
    Comp: $662.1k
  • Mr. Andrew Serafin J.D. (Age 49)
    M.B.A., Executive VP & Chief Strategy Officer
    Comp: $605.42k
  • Mr. David Bradshaw
    Head of Technical Operations
  • Luis Sanay
    Head of Investor Relations
  • Mr. Christian Ulrich
    General Counsel & Corporate Secretary
  • Ms. Tricia Glover
    Chief Compliance Officer
  • Ms. Audrey Murphy SPHR
    Head of Human Resources
  • Ms. Cate McCanless
    Head of Corporate Affairs & Public Policy

HRMY Stock Analysis - Frequently Asked Questions

Should I buy or sell Harmony Biosciences stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Harmony Biosciences in the last twelve months. There are currently 2 sell ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HRMY shares.
View HRMY analyst ratings
or view top-rated stocks.

What is Harmony Biosciences' stock price target for 2024?

8 brokerages have issued twelve-month target prices for Harmony Biosciences' stock. Their HRMY share price targets range from $27.00 to $59.00. On average, they predict the company's share price to reach $40.63 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price.
View analysts price targets for HRMY
or view top-rated stocks among Wall Street analysts.

How have HRMY shares performed in 2024?

Harmony Biosciences' stock was trading at $32.30 at the beginning of the year. Since then, HRMY stock has decreased by 6.3% and is now trading at $30.27.
View the best growth stocks for 2024 here
.

When is Harmony Biosciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our HRMY earnings forecast
.

How were Harmony Biosciences' earnings last quarter?

Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) posted its quarterly earnings results on Tuesday, April, 30th. The company reported $0.67 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.07. The firm earned $154.62 million during the quarter, compared to analyst estimates of $154.10 million. Harmony Biosciences had a net margin of 22.16% and a trailing twelve-month return on equity of 27.49%. The company's quarterly revenue was up 29.8% compared to the same quarter last year. During the same period last year, the business earned $0.48 earnings per share.

What guidance has Harmony Biosciences issued on next quarter's earnings?

Harmony Biosciences updated its FY 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $700.0 million-$720.0 million, compared to the consensus revenue estimate of $710.2 million.

What other stocks do shareholders of Harmony Biosciences own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Harmony Biosciences investors own include Advance Auto Parts (AAP), Advanced Micro Devices (AMD), Boeing (BA), Berry Global Group (BERY), Bunge Global (BG), Carrier Global (CARR), Commercial Metals (CMC), Canadian Solar (CSIQ), Deere & Company (DE) and Eastman Chemical (EMN).

When did Harmony Biosciences IPO?

Harmony Biosciences (HRMY) raised $101 million in an IPO on Wednesday, August 19th 2020. The company issued 4,700,000 shares at $20.00-$23.00 per share. Goldman Sachs, Jefferies and Piper Sandler acted as the underwriters for the IPO.

Who are Harmony Biosciences' major shareholders?

Harmony Biosciences' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (0.34%), Paradiem LLC (0.17%), Hedeker Wealth LLC (0.14%), Rice Hall James & Associates LLC (0.10%), Allspring Global Investments Holdings LLC (0.06%) and Janney Montgomery Scott LLC (0.05%). Insiders that own company stock include Andreas Wicki, Jack Nielsen, Jeffrey Dierks, Jeffrey M Dayno, Jeffrey M Dayno, John C Jacobs and John C Jacobs.
View institutional ownership trends
.

How do I buy shares of Harmony Biosciences?

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

This page (NASDAQ:HRMY) was last updated on 5/2/2024 by MarketBeat.com Staff

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