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Harrow Health Inc (HROW)

Upturn stock ratingUpturn stock rating
$27.87
Delayed price
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
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Upturn Advisory Summary

03/27/2025: HROW (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit 54.89%
Avg. Invested days 38
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 934.50M USD
Price to earnings Ratio -
1Y Target Price 57.88
Price to earnings Ratio -
1Y Target Price 57.88
Volume (30-day avg) 515203
Beta 0.69
52 Weeks Range 9.86 - 59.23
Updated Date 03/30/2025
52 Weeks Range 9.86 - 59.23
Updated Date 03/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.49

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-03-17
When Before Market
Estimate 0.13
Actual 0.4

Profitability

Profit Margin -8.76%
Operating Margin (TTM) 19.68%

Management Effectiveness

Return on Assets (TTM) 1.62%
Return on Equity (TTM) -25.02%

Valuation

Trailing PE -
Forward PE 125
Enterprise Value 1116076821
Price to Sales(TTM) 4.68
Enterprise Value 1116076821
Price to Sales(TTM) 4.68
Enterprise Value to Revenue 5.59
Enterprise Value to EBITDA 55.8
Shares Outstanding 35654200
Shares Floating 26959901
Shares Outstanding 35654200
Shares Floating 26959901
Percent Insiders 13.47
Percent Institutions 59.04

Analyst Ratings

Rating 5
Target Price 59.85
Buy -
Strong Buy 4
Buy -
Strong Buy 4
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Harrow Health Inc

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Company Overview

History and Background

Harrow Health, Inc., founded in 2014, is a pharmaceutical company focused on acquiring, developing, and commercializing innovative pharmaceutical products. It was initially known as Imprimis Pharmaceuticals before rebranding to Harrow Health to reflect its broader strategic focus on the ophthalmic pharmaceutical market. It has grown through acquisitions and organic development of new products.

Core Business Areas

  • Ophthalmology: Harrow focuses on developing and commercializing ophthalmic pharmaceutical products, including prescription medications and compounded formulations for eye care professionals and their patients.
  • Drug Compounding: Harrow is also involved in drug compounding, creating customized medications tailored to individual patient needs. This is primarily through its subsidiaries.

Leadership and Structure

Mark L. Baum serves as the Chief Executive Officer. The company has a board of directors overseeing corporate governance. The organizational structure is based on functional departments such as research and development, sales, marketing, and operations.

Top Products and Market Share

Key Offerings

  • IHEEZO: IHEEZO (chloroprocaine ophthalmic gel) 3% is a topical anesthetic indicated for ocular surface anesthesia. Harrow Health acquired the US commercial rights. Market share data is still evolving as it's a relatively new product but aims to compete with existing anesthetics used during eye procedures. Competitors include Alcon with products like Alcaine and Bausch + Lomb
  • FORTISITE: Fortisite is a compounded version of Vancomycin for endophthalmitis. Market share data is not readily available given the nature of compounding pharmacies. Competitors are traditional pharmaceutical companies marketing anti-infective agents.
  • MAZERA: Mazera, a compounded product, is another specialized ophthalmic medication offered through Harrow's compounding pharmacy network. Market share data not readily available. Competitors are traditional pharmaceutical companies marketing anti-inflammatory and glaucoma medication.

Market Dynamics

Industry Overview

The pharmaceutical industry is characterized by high research and development costs, regulatory hurdles, and intense competition. The ophthalmic segment is driven by aging populations, increasing prevalence of eye diseases, and technological advancements in treatment options.

Positioning

Harrow Health focuses on niche markets within the pharmaceutical space, specifically ophthalmic pharmaceuticals. Its strategy involves acquiring and developing specialized products and offering compounded medications to cater to individual patient needs. Its competitive advantage lies in its specialized focus and ability to innovate in niche segments.

Total Addressable Market (TAM)

The global ophthalmic pharmaceutical market is estimated to be over $40 billion. Harrow is positioned to capture a portion of this TAM through strategic acquisitions, new product development, and customized compounding services.

Upturn SWOT Analysis

Strengths

  • Specialized focus on ophthalmic pharmaceuticals
  • Strong compounding capabilities
  • Experienced management team
  • Proprietary and differentiated products
  • Growing revenue

Weaknesses

  • Limited financial resources compared to larger pharmaceutical companies
  • Reliance on acquisitions for growth
  • Compounding segment may face regulatory scrutiny
  • Relatively small market capitalization

Opportunities

  • Further acquisitions of complementary pharmaceutical products
  • Expansion of international markets
  • Development of innovative ophthalmic therapies
  • Increasing demand for personalized medications

Threats

  • Competition from larger pharmaceutical companies
  • Regulatory changes impacting the compounding industry
  • Product liability claims
  • Economic downturn affecting healthcare spending

Competitors and Market Share

Key Competitors

  • ALC
  • JNJ
  • PZOO

Competitive Landscape

Harrow Health competes with larger pharmaceutical companies in the ophthalmic market. Its competitive advantage lies in its specialized focus, innovative products, and compounding capabilities. However, it faces challenges related to scale and financial resources.

Major Acquisitions

US commercial rights for IHEEZO

  • Year: 2023
  • Acquisition Price (USD millions):
  • Strategic Rationale: Expanding Harrow's product portfolio in the ocular anesthesia space.

Growth Trajectory and Initiatives

Historical Growth: Harrow has grown primarily through acquisitions of ophthalmic products and the expansion of its compounding business.

Future Projections: Analysts project continued growth in revenue driven by sales of IHEEZO and other ophthalmic products, as well as expansion of the compounding segment.

Recent Initiatives: Recent initiatives include the launch of IHEEZO, strategic acquisitions of ophthalmic assets, and expansion of the compounding pharmacy network.

Summary

Harrow Health is a pharmaceutical company with a specialized focus on ophthalmic products. It has grown through strategic acquisitions and expansion of its compounding business. Strengths include specialized focus and growing revenue streams; weaknesses relate to size and reliance on acquisitions. Continued growth will depend on successful product launches, prudent acquisitions, and managing competitive pressures.

Similar Companies

  • ALC
  • VRX
  • PZOO

Sources and Disclaimers

Data Sources:

  • Company website
  • Public filings
  • Analyst reports
  • Industry publications

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share estimates are based on available data and may not be precise. Investment decisions should be made based on individual due diligence and consultation with a financial professional.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Harrow Health Inc

Exchange NASDAQ
Headquaters Nashville, TN, United States
IPO Launch date 2007-09-28
CEO & Chairman of the Board Mr. Mark L. Baum J.D.
Sector Healthcare
Industry Drug Manufacturers - Specialty & Generic
Full time employees -
Full time employees -

Harrow, Inc., an eyecare pharmaceutical company, engages in the discovery, development, and commercialization of ophthalmic pharmaceutical products. The company offers ImprimisRx, an ophthalmology-focused compounded medications. It provides IHEEZO, a chloroprocaine hydrochloride ophthalmic gel; ophthalmic solutions, including IOPIDINE, VEVYE, and ZERVIATE; MAXITROL eye drops; ILEVRO and NEVANAC, a non-steroidal and anti-inflammatory eye drop for pain and inflammation associated with cataract surgery; VIGAMOX, a fluoroquinolone antibiotic eye drop for the treatment of bacterial conjunctivitis; MAXIDEX and FLAREX, a steroid eye drop for steroid-responsive inflammatory conditions of the palpebral and bulbar conjunctiva, cornea, and anterior segment of the globe and the eye; TRIESENCE, a steroid injection for the treatment of ophthalmic diseases and for visualization during vitrectomy; and NATACYN, a sterile, antifungal drug for the treatment of fungal blepharitis, conjunctivitis, and keratitis. In addition, it offers TOBRADEX ST, a tobramycin and dexamethasone ophthalmic suspension; VERKAZIA cyclosporine ophthalmic emulsion; NEVANAC, a non-steroidal, anti-inflammatory eye drop; and FRESHKOTE preservative free (PF) is a lubricant eye drop. The company was formerly known as Harrow Health, Inc. and changed its name to Harrow, Inc. in September 2023. Harrow, Inc. was founded in 1998 and is headquartered in Nashville, Tennessee.

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