HashiCorp, Inc. (HCP) Hit a 52 Week High, Can the Run Continue?

Zacks2024-12-20

Have you been paying attention to shares of HashiCorp, Inc. (HCP)? Shares have been on the move with the stock up 1.1% over the past month. The stock hit a new 52-week high of $34.26 in the previous ...

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The stock hit a new 52-week high of $34.26 in the previous ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hashicorp-inc-hcp-hit-52-141502860.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>HashiCorp, Inc. (HCP) Hit a 52 Week High, Can the Run Continue?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHashiCorp, Inc. (HCP) Hit a 52 Week High, Can the Run Continue?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 22:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/hashicorp-inc-hcp-hit-52-141502860.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Have you been paying attention to shares of HashiCorp, Inc. (HCP)? Shares have been on the move with the stock up 1.1% over the past month. The stock hit a new 52-week high of $34.26 in the previous ...</p>\n\n<a href=\"https://finance.yahoo.com/news/hashicorp-inc-hcp-hit-52-141502860.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/hashicorp-inc-hcp-hit-52-141502860.html","article_id":"2493425189","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Fj4TPQveJWuth16WIsEVAw--~B/aD01OTQ7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/46ebfcbff417ac1bbde85ad33fa0d4be"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493425189","pubTimestamp":1734704102,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Have you been paying attention to shares of HashiCorp, Inc. ?Shares have been on the move with the stock up 1.1% over the past month. The stock hit a new 52-week high of $34.26 in the previous session. HashiCorp, Inc. has gained 44.8% since the start of the year compared to the 31.3% move for the Zacks Computer and Technology sector and the 32% return for the Zacks Internet - Software industry.The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on December 5, 2024, HashiCorp reported EPS of $0.13 versus consensus estimate of $0.05 while it beat the consensus revenue estimate by 6.09%.For the current fiscal year, HashiCorp is expected to post earnings of $0.34 per share on $674.73 million in revenues. This represents a 525% change in EPS on a 15.71% change in revenues. For the next fiscal year, the company is expected to earn $0.41 per share on $772.2 million in rev","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","EGAN":"eGain Communications Corporation","BK4023":"应用软件","BK4588":"碎股","HCP":"HashiCorp, Inc."},"translate_title":"HashiCorp，Inc.（HCP）创下52周新高，涨势能否继续？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EGAN":1,"HCP":1},"content_text":"Have you been paying attention to shares of HashiCorp, Inc. (HCP)? Shares have been on the move with the stock up 1.1% over the past month. The stock hit a new 52-week high of $34.26 in the previous session. HashiCorp, Inc. has gained 44.8% since the start of the year compared to the 31.3% move for the Zacks Computer and Technology sector and the 32% return for the Zacks Internet - Software industry.\nWhat's Driving the Outperformance?\nThe stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on December 5, 2024, HashiCorp reported EPS of $0.13 versus consensus estimate of $0.05 while it beat the consensus revenue estimate by 6.09%.\nFor the current fiscal year, HashiCorp is expected to post earnings of $0.34 per share on $674.73 million in revenues. This represents a 525% change in EPS on a 15.71% change in revenues. For the next fiscal year, the company is expected to earn $0.41 per share on $772.2 million in revenues. This represents a year-over-year change of 19.85% and 14.45%, respectively.\nValuation Metrics\nHashiCorp may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company has run ahead of itself.\nOn this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.\nHashiCorp has a Value Score of F. The stock's Growth and Momentum Scores are A and A, respectively, giving the company a VGM Score of B.\nIn terms of its value breakdown, the stock currently trades at 101.4X current fiscal year EPS estimates, which is a premium to the peer industry average of 32.8X. On a trailing cash flow basis, the stock currently trades at 5X versus its peer group's average of 26X. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.\nZacks Rank\nWe also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, HashiCorp currently has a Zacks Rank of #2 (Buy) thanks to favorable earnings estimate revisions from covering analysts.\nSince we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if HashiCorp passes the test. Thus, it seems as though HashiCorp shares could have potential in the weeks and months to come.\nHow Does HCP Stack Up to the Competition?\nShares of HCP have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is eGain Corporation (EGAN). EGAN has a Zacks Rank of # 2 (Buy) and a Value Score of B, a Growth Score of C, and a Momentum Score of F.\nEarnings were strong last quarter. eGain Corporation beat our consensus estimate by 300%, and for the current fiscal year, EGAN is expected to post earnings of $0.23 per share on revenue of $92.13 million.\nShares of eGain Corporation have gained 10.7% over the past month, and currently trade at a forward P/E of 24.83X and a P/CF of 15.82X.\nThe Internet - Software industry is in the top 14% of all the industries we have in our universe, so it looks like there are some nice tailwinds for HCP and EGAN, even beyond their own solid fundamental situation.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nHashiCorp, Inc. (HCP) : Free Stock Analysis Report\neGain Corporation (EGAN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2493425189"}