Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
HSCS
Upturn stock ratingUpturn stock rating

Heart Test Laboratories Inc. Common Stock (HSCS)

Upturn stock ratingUpturn stock rating
$3.69
Last Close (24-hour delay)
Profit since last BUY6.65%
upturn advisory
Consider higher Upturn Star rating
BUY since 24 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/02/2025: HSCS (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

2 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $13

1 Year Target Price $13

Analysts Price Target For last 52 week
$13Target price
Low$2.36
Current$3.69
high$5.3

Analysis of Past Performance

Type Stock
Historic Profit -51%
Avg. Invested days 15
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/02/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 3.96M USD
Price to earnings Ratio -
1Y Target Price 13
Price to earnings Ratio -
1Y Target Price 13
Volume (30-day avg) 2
Beta 2.58
52 Weeks Range 2.36 - 5.30
Updated Date 06/29/2025
52 Weeks Range 2.36 - 5.30
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -7.61

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -62.95%
Return on Equity (TTM) -163.47%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 4347199
Price to Sales(TTM) 202.07
Enterprise Value 4347199
Price to Sales(TTM) 202.07
Enterprise Value to Revenue 46.26
Enterprise Value to EBITDA -0.14
Shares Outstanding 1080950
Shares Floating 995735
Shares Outstanding 1080950
Shares Floating 995735
Percent Insiders 8.99
Percent Institutions 2.17

Analyst Ratings

Rating 2
Target Price 13
Buy 1
Strong Buy 1
Buy 1
Strong Buy 1
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Heart Test Laboratories Inc. Common Stock

stock logo

Company Overview

overview logo History and Background

Heart Test Laboratories, Inc. (HSCS) is a medical technology company focused on preventing heart attacks. Founded in 2007, the company has developed a cardiac diagnostic technology aimed at providing early detection of heart disease.

business area logo Core Business Areas

  • MyoVistau00ae: Electrocardiograph (ECG) device designed to detect subtle indicators of heart disease that may be missed by traditional ECGs.
  • Research and Development: Continuous innovation and development of new features and applications for its cardiac diagnostic technology.

leadership logo Leadership and Structure

Andrew Simpson is the Chief Executive Officer of Heart Test Laboratories, Inc. The company has a board of directors and a management team overseeing its operations, R&D, and commercialization efforts.

Top Products and Market Share

overview logo Key Offerings

  • MyoVistau00ae: MyoVistau00ae is Heart Test Laboratories' primary product, a high-sensitivity ECG device designed to improve the early detection of heart disease. Market share data for MyoVistau00ae is not readily available due to the competitive nature of the diagnostics market and the company's relative size. Competitors include traditional ECG manufacturers and companies developing advanced cardiac diagnostic technologies. This is a direct sales product so revenue may include revenue from tests administered using the product.

Market Dynamics

industry overview logo Industry Overview

The cardiovascular diagnostics industry is experiencing growth due to an aging population, increasing prevalence of heart disease, and advancements in diagnostic technologies. The market includes ECG devices, stress tests, cardiac imaging, and blood tests.

Positioning

Heart Test Laboratories aims to differentiate itself with its MyoVistau00ae device, which is designed to provide more sensitive detection of heart abnormalities compared to traditional ECGs. Their competitive advantage lies in its proprietary technology and potential for early disease detection.

Total Addressable Market (TAM)

The global cardiac diagnostic market is estimated to be in the billions of dollars. Heart Test Laboratories is positioned to capture a portion of this market by focusing on early disease detection and offering a more sensitive diagnostic tool.

Upturn SWOT Analysis

Strengths

  • Proprietary MyoVistau00ae technology
  • Potential for early detection of heart disease
  • Focus on innovation and R&D

Weaknesses

  • Limited market share and brand recognition
  • Dependence on MyoVistau00ae product line
  • Requires significant capital for marketing and sales expansion

Opportunities

  • Expansion into new markets and geographies
  • Partnerships with hospitals and clinics
  • Development of new applications for MyoVistau00ae technology

Threats

  • Competition from established players in the cardiac diagnostics market
  • Regulatory hurdles and approval processes
  • Technological advancements by competitors

Competitors and Market Share

competitor logo Key Competitors

  • GE (GE)
  • Siemens (SIEGY)
  • Philips (PHG)
  • Boston Scientific (BSX)

Competitive Landscape

Heart Test Laboratories faces strong competition from established medical device companies. Its competitive advantage lies in its proprietary technology, while its disadvantages include limited resources and brand recognition.

Growth Trajectory and Initiatives

Historical Growth: Historical growth trends are difficult to determine due to the company's early stage and recent public offering.

Future Projections: Future growth is projected based on market adoption of MyoVistau00ae and expansion into new markets. Analyst estimates are not widely available.

Recent Initiatives: Recent initiatives include securing regulatory approvals, expanding sales and marketing efforts, and developing new applications for MyoVistau00ae.

Summary

Heart Test Laboratories is a small company in the competitive cardiac diagnostic market. Its MyoVistau00ae technology offers potential for improved heart disease detection, but the company faces challenges in gaining market share and securing funding. Success hinges on effective marketing, strategic partnerships, and continued innovation to differentiate itself from larger competitors. Securing regulatory approvals and demonstrating clinical efficacy are also crucial for the company's long-term viability.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Press Releases
  • SEC Filings
  • Market Research Reports (industry averages)
  • Financial News Outlets

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share data is estimated based on available information and may not be precise.

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 Heart Test Laboratories Inc. Common Stock

Exchange NASDAQ
Headquaters Southlake, TX, United States
IPO Launch date 2022-06-15
CEO, President & Chairman of the Board of Directors Mr. Andrew Simpson
Sector Healthcare
Industry Medical Devices
Full time employees 15
Full time employees 15

HeartSciences Inc., a medical technology company, focuses on applying AI-based technology to an ECG to enhance its clinical utility. It is developing artificial intelligence-enhanced electrocardiography (AI-ECG) solutions, an algorithm to detect impaired cardiac relaxation or cardiac dysfunction caused by heart disease and/or age-related cardiac dysfunction; MyoVista wavECG device, a resting 12-lead ECG that provides diagnostic information related to cardiac dysfunction and conventional ECG information in the same test; and MyoVista Insights, a cloud-based platform to host AI-ECG algorithms on an ECG hardware agnostic basis. The company was formerly known as Heart Test Laboratories, Inc. and changed its name to HeartSciences Inc. in October 2024. HeartSciences Inc. was incorporated in 2007 and is headquartered in Southlake, Texas.