Hour Loop Stock Today

HOUR Stock  USD 1.12  0.03  2.75%   

Performance

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Odds Of Distress

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Hour Loop is selling at 1.12 as of the 25th of April 2024; that is 2.75% increase since the beginning of the trading day. The stock's lowest day price was 1.06. Hour Loop has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Hour Loop are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
7th of January 2022
Category
Consumer Cyclical
Classification
Consumer Discretionary
Hour Loop, Inc., an online retailer, engages in e-commerce retailing in the United States. Hour Loop, Inc. was founded in 2013 and is headquartered in Redmond, Washington. Hour Loop operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. The company has 35.1 M outstanding shares of which 32.08 K shares are currently shorted by private and institutional investors with about 0.57 trading days to cover. More on Hour Loop

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Hour Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hour Loop's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hour Loop or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationInternet & Direct Marketing Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Consumer Discretionary, Internet & Direct Marketing Retail, Internet Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Hour Loop report their recommendations after researching Hour Loop's financial statements, talking to executives and customers, or listening in on Hour Loop's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hour Loop. The Hour consensus assessment is calculated by taking the average forecast from all of the analysts covering Hour Loop.
Financial Strength
Based on the analysis of Hour Loop's profitability, liquidity, and operating efficiency, Hour Loop is not in a good financial situation at the moment. It has a very high risk of going through financial straits in May. Financial strength of Hour Loop is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover3.746.7582
Way Down
Slightly volatile
Gross Profit Margin0.420.5034
Fairly Down
Slightly volatile
Total Current Liabilities11.2 M10.9 M
Fairly Up
Slightly volatile
Non Current Liabilities Total4.1 M4.2 M
Fairly Down
Slightly volatile
Total Assets17.3 M19.6 M
Fairly Down
Slightly volatile
Total Current Assets16.6 M18 M
Significantly Down
Slightly volatile
Hour Loop's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hour Loop's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hour Loop's financial leverage. It provides some insight into what part of Hour Loop's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hour Loop's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hour Loop deploys its capital and how much of that capital is borrowed.
Liquidity
Hour Loop cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 9.31 M in liabilities with Debt to Equity (D/E) ratio of 0.65, which is about average as compared to similar companies. Hour Loop has a current ratio of 1.55, which is within standard range for the sector. Debt can assist Hour Loop until it has trouble settling it off, either with new capital or with free cash flow. So, Hour Loop's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hour Loop sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hour to invest in growth at high rates of return. When we think about Hour Loop's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

519,628
Hour Loop (HOUR) is traded on NASDAQ Exchange in USA. It is located in 8201 164th Avenue NE, #200, Redmond, WA, United States, 98052-7615 and employs 178 people. Hour Loop is listed under Internet & Direct Marketing Retail category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 38.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hour Loop's market, we take the total number of its shares issued and multiply it by Hour Loop's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hour Loop conducts business under Internet & Direct Marketing Retail sector and is part of Consumer Discretionary industry. The entity has 35.1 M outstanding shares of which 32.08 K shares are currently shorted by private and institutional investors with about 0.57 trading days to cover. Hour Loop currently holds about 2.31 M in cash with (2.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Hour Loop Probability Of Bankruptcy
Ownership Allocation
Hour Loop has a total of 35.1 Million outstanding shares. Hour Loop retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 95.12 (percent) of Hour Loop outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hour Ownership Details

Hour Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Hour Loop jumping above the current price in 90 days from now is about 89.44%. The Hour Loop probability density function shows the probability of Hour Loop stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Hour Loop has a beta of -0.9756. This usually indicates Additionally, hour Loop has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 1.12HorizonTargetOdds Above 1.12
10.50%90 days
 1.12 
89.44%
Based on a normal probability distribution, the odds of Hour Loop to move above the current price in 90 days from now is about 89.44 (This Hour Loop probability density function shows the probability of Hour Stock to fall within a particular range of prices over 90 days) .

Hour Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Hour Loop that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hour Loop's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hour Loop's value.
InstituionRecorded OnShares
Bard Associates Inc2023-12-31
90.3 K
Geode Capital Management, Llc2023-12-31
19.6 K
Ubs Group Ag2023-12-31
327
View Hour Loop Diagnostics

Hour Loop Historical Income Statement

Hour Loop Income Statement is one of the three primary financial statements used for reporting Hour's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hour Loop revenue and expense. Hour Loop Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Hour Loop's Depreciation And Amortization is relatively stable compared to the past year. As of 04/25/2024, Interest Expense is likely to grow to about 261.2 K, though Net Interest Income is likely to grow to (193.3 K). View More Fundamentals

Hour Stock Against Markets

Picking the right benchmark for Hour Loop stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hour Loop stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hour Loop is critical whether you are bullish or bearish towards Hour Loop at a given time. Please also check how Hour Loop's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hour Loop without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Hour Stock?

Before investing in Hour Loop, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hour Loop. To buy Hour Loop stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hour Loop. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Hour Loop stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Hour Loop stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Hour Loop stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hour Loop, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hour Stock please use our How to Invest in Hour Loop guide.

Already Invested in Hour Loop?

The danger of trading Hour Loop is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hour Loop is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hour Loop. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hour Loop is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hour Loop is a strong investment it is important to analyze Hour Loop's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hour Loop's future performance. For an informed investment choice regarding Hour Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hour Loop. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Hour Stock, please use our How to Invest in Hour Loop guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Hour Loop's price analysis, check to measure Hour Loop's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hour Loop is operating at the current time. Most of Hour Loop's value examination focuses on studying past and present price action to predict the probability of Hour Loop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hour Loop's price. Additionally, you may evaluate how the addition of Hour Loop to your portfolios can decrease your overall portfolio volatility.
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Is Hour Loop's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hour Loop. If investors know Hour will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hour Loop listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.49)
Earnings Share
(0.07)
Revenue Per Share
3.768
Quarterly Revenue Growth
0.161
Return On Assets
(0.08)
The market value of Hour Loop is measured differently than its book value, which is the value of Hour that is recorded on the company's balance sheet. Investors also form their own opinion of Hour Loop's value that differs from its market value or its book value, called intrinsic value, which is Hour Loop's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hour Loop's market value can be influenced by many factors that don't directly affect Hour Loop's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hour Loop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hour Loop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hour Loop's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.