HeartWare International Inc Reaches New 12-Month Low at $73.67 (HTWR)
HeartWare International (NASDAQ:HTWR) set a new 52-week low on Wednesday, AnalystRatings.Net reports. The company traded as low as $73.67 and last traded at $74.02, with a volume of 173,507 shares. The stock had previously closed at $76.08.
A number of research firms have recently commented on HTWR. Analysts at Raymond James cut their price target on shares of HeartWare International (NASDAQ:HTWR) from $110.00 to $100.00 in a research note to investors on Monday, August 12th. Separately, analysts at Canaccord Genuity cut their price target on shares of HeartWare International (NASDAQ:HTWR) from $118.00 to $110.00 in a research note to investors on Friday, August 9th. They now have a “buy” rating on the stock. Finally, analysts at Barclays Capital reiterated an “overweight” rating on shares of HeartWare International (NASDAQ:HTWR) in a research note to investors on Friday, August 9th. They now have a $100.00 price target on the stock.
Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company’s stock. HeartWare International has a consensus rating of “Hold” and an average price target of $93.55.
HeartWare International has a one year low of $74.77 and a one year high of $99.68. The stock has a 50-day moving average of $79.99 and a 200-day moving average of $88.68. The company’s market cap is $1.242 billion.
HeartWare International (NASDAQ:HTWR) last announced its earnings results on Thursday, August 8th. The company reported ($0.79) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.73) by $0.06. Analysts expect that HeartWare International will post $-3.19 EPS for the current fiscal year.
Heartware International, Inc (NASDAQ:HTWR) develops and manufactures small implantable heart pumps, or ventricular assist devices, for the treatment of advanced heart failure.
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