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How to Buy Harrow Stock

Harrow Inc

Harrow Health, Inc. operates as an ophthalmic-focused healthcare company. The company owns ImprimisRx, an ophthalmology outsourcing and pharmaceutical compounding business; and DEXYCU for the treatment of post-operative inflammation.

Harrow stock last closed at $10.62, up 0.85% from the previous day, and has decreased 58.93% in one year. It has underperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.52 percentage points. Harrow stock is currently +39.74% from its 52-week low of $7.60, and -62.41% from its 52-week high of $28.25.

At the moment, there are 35.36M shares of HROW outstanding. The market cap of HROW is $375.55M. In the past 24 hours, 360,844 HROW shares were traded.

How to Buy Harrow Stock

Not sure how to invest in Harrow stock? Here's how.
  1. Decide where to buy Harrow stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Harrow stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Pick your method of payment and add your info.
  4. Evaluate Harrow stock: The Harrow ticker symbol is HROW. Is Harrow stock a good investment? Should you buy shares of HROW? How do HROW's underlying business fundamentals look? Do top analysts think Harrow is a good buy? Why has HROW's stock price moved recently? (Hint: Our stock market research website can help you understand if HROW is a good stock to buy).
  5. Execute your HROW purchase: Decide if you will purchase HROW shares at the current market price or use a limit order to purchase HROW stock at a particular price.
  6. Get the latest scoop on your HROW position: Create a watchlist to important notifications about your position in Harrow shares.

Step 1: Decide where to buy Harrow stock

You will need a brokerage account in order to access the NASDAQ market and buy HROW shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal details so you can buy HROW stock today.

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Step 3: Put funds into your investment account

Now that you have finished signing up on investing apps, you need to deposit funds:

Watch this video walkthrough to see the process of depositing money into your new brokerage account.

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Step 4: Evaluate Harrow stock

Once you have figured out the best place to buy Harrow stock, it's very important to evaluate their stock before you buy, so you truly understand the risk and upside.

Harrow shares data

HROW Price
$10.62
1w %
0.19%
1y %
-58.93%
5y %
118.97%
P/E
-14.16x
P/B
5.31x
P/S
2.66x
PEG
N/A
Revenue
$130.19M
Earnings
-$24.41M
Fore. Rev. Growth
32.19%
Fore. Earn. Growth
N/A
Market Cap
$375.55M
Next Earnings
Jun 20, 2024
Next Dividend
N/A

Harrow Due Diligence Checks

WallStreetZen was created to help average investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on HROW's stock page.

Is HROW stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge HROW's true value.

Using relative valuations measures:

  • HROW may be overvalued based on its P/B ratio of 5.31x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.12x

You can access more valuation analysis on HROW's stock here.

HROW Financial Summary

Signs that HROW is financially healthy:

  • There are more short-term assets than short-term liabilities on the HROW balance sheet.

Signs that HROW is not financially healthy:

  • HROW profit margin has gone down from -15.9% to -18.7% in the past year.
  • Total HROW debt is higher than 5 years ago, relative to shareholder equity.
  • HROW's operating cash flow of $3.84M allows it to safely service it's debt of $190.50M.
  • There are more long-term liabilities than short-term assets on the HROW balance sheet.
  • HROW has a relatively high debt to equity ratio of 3.42.
  • HROW earnings of -$2.39M is not sufficient to cover its interest payments.

Do Wall Street analysts think it's a good time to buy HROW stock

Out of 1 Wall Street analysts who research HROW, the consensus analyst rating on Harrow is a Strong Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Harrow stock forecast page.

HROW Momentum

SMA10
10.78
SMA20
11.87
SMA50
11.47
SMA100
10.83
SMA200
13
MACD
-0.41
MACD Signal
-0.16
MACD Histogram
-0.25
RSI
40.59
Stochastic %K
14.55
Stochastic %D
9.41
StochRSI %K
17.21
StochRSI %D
8.32

HROW Earnings

Last year, HROW revenue was $130.19M. Over the past 5 year, HROW's revenue has grown by 25.77% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 30.28%.

Find out more about HROW's earnings and revenue performance here.

Latest Insiders Trades at HROW

In the past year, insiders at HROW have sold more shares than they have bought.

Opaleye Management Inc, 10% Owner of HROW, was the latest HROW insider to buy. They bought $199,400.00 worth of HROW stock on Apr 25, 2024.

Research more about who owns HROW stock here.

Does HROW stock generate passive income?

No, Harrow doesn't provide an income stream by paying out dividends.

HROW Social Trading Data

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your HROW purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.

Hit the Open Trade button and eToro will place your order.

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Step 6: Get the latest scoop on your HROW position

Now that you own some HROW stock, you'll want to stay up-to-date on your company.

Add HROW to a watchlist to get the latest updates about your HROW stock.

HROW Feed

How to Buy Stock in Harrow

To reiterate, here are the 6 steps for buying Harrow stock:

  1. Decide where to buy Harrow stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Evaluate Harrow stock
  5. Execute your HROW purchase
  6. Get the latest scoop on your HROW position

If you are looking for a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get notifications regarding your new investment in Harrow, create your watchlist below.

NASDAQ: HROW
$10.62+0.09 (+0.85%)
Updated Apr 29, 2024
Open eToro Account
NASDAQ: HROW
$10.62+0.09 (+0.85%)
Updated Apr 29, 2024
Open eToro Account

FAQ

How much does it cost to buy one Harrow share?

As of Apr 29, 2024, it costs $10.62 to buy one share of Harrow stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.471 shares of HROW.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Harrow stock?

According to 1 Wall Street analysts who monitor Harrow, their consensus recommendation is to buy Harrow stock.

What is the best way to buy Harrow stock?

One way to place an order for Harrow stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.