Demystifying Harmony Biosciences Hldgs: Insights From 11 Analyst Reviews

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Throughout the last three months, 11 analysts have evaluated Harmony Biosciences Hldgs HRMY, offering a diverse set of opinions from bullish to bearish.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 10 1 0 0 0
Last 30D 1 0 0 0 0
1M Ago 5 1 0 0 0
2M Ago 3 0 0 0 0
3M Ago 1 0 0 0 0

Analysts have set 12-month price targets for Harmony Biosciences Hldgs, revealing an average target of $60.82, a high estimate of $75.00, and a low estimate of $42.00. A 1.55% drop is evident in the current average compared to the previous average price target of $61.78.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

An in-depth analysis of recent analyst actions unveils how financial experts perceive Harmony Biosciences Hldgs. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Patrick Trucchio HC Wainwright & Co. Lowers Buy $70.00 $75.00
Ami Fadia Needham Maintains Buy $50.00 $50.00
Ami Fadia Needham Maintains Buy $50.00 $50.00
Graig Suvannavejh Mizuho Lowers Outperform $42.00 $52.00
Patrick Trucchio HC Wainwright & Co. Maintains Buy $75.00 $75.00
Ami Fadia Needham Lowers Buy $50.00 $52.00
David Hoang Deutsche Bank Announces Buy $55.00 -
Patrick Trucchio HC Wainwright & Co. Maintains Buy $75.00 $75.00
Patrick Trucchio HC Wainwright & Co. Maintains Buy $75.00 $75.00
Ami Fadia Needham Maintains Buy $52.00 $52.00
Patrick Trucchio HC Wainwright & Co. Announces Buy $75.00 -

Key Insights:

  • Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Harmony Biosciences Hldgs. This offers insight into analysts' perspectives on the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Harmony Biosciences Hldgs compared to the broader market.
  • Price Targets: Gaining insights, analysts provide estimates for the future value of Harmony Biosciences Hldgs's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Harmony Biosciences Hldgs's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

Stay up to date on Harmony Biosciences Hldgs analyst ratings.

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Unveiling the Story Behind Harmony Biosciences Hldgs

Harmony Biosciences Holdings Inc is a commercial-stage pharmaceutical company focused on developing and commercializing therapies for patients living with rare neurological diseases who have unmet medical needs. The company's product WAKIX (pitolisant) is a molecule with a novel mechanism of action specifically designed to increase histamine signaling in the brain by binding to H3 receptors and is used for the treatment of cataplexy in adult patients with narcolepsy. The other drug candidates in its pipeline are Pitolisant, HBS-102 (MCHR1 antagonist), BP1.15205 (orexin-2 receptor agonist), ZYN002 (cannabidiol gel), EPX-100 (clemizole hydrochloride), and EPX-200 (lorcaserin), among others.

Harmony Biosciences Hldgs: Financial Performance Dissected

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Harmony Biosciences Hldgs's remarkable performance in 3 months is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 19.51%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Health Care sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 24.58%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 7.88%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Harmony Biosciences Hldgs's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.13% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Harmony Biosciences Hldgs's debt-to-equity ratio is below the industry average at 0.27, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: Simplified

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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