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HLS Therapeutics Inc.TSX:HLS Stock Report

Market Cap CA$145.1m
Share Price
CA$4.64
CA$4.49
3.5% overvalued intrinsic discount
1Y-0.9%
7D1.1%
1D
Portfolio Value
View

HLS Therapeutics Inc.

TSX:HLS Stock Report

Market Cap: CA$145.1m

HLS Therapeutics (HLS) Stock Overview

A specialty pharmaceutical company, acquires and commercializes pharmaceutical products for the treatment of psychiatric disorders and cardiovascular disease in Canada, the United States, and internationally. More details

HLS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

HLS Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

HLS Therapeutics Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for HLS Therapeutics
Historical stock prices
Current Share PriceCA$4.64
52 Week HighCA$5.77
52 Week LowCA$4.22
Beta0.83
1 Month Change1.09%
3 Month Change3.11%
1 Year Change-0.85%
3 Year Change11.81%
5 Year Change-72.48%
Change since IPO-59.97%

Recent News & Updates

Narrative Update May 04

HLS: Future Upside Will Depend On Executing Refined Earnings Outlook

Analysts have trimmed their price target on HLS Therapeutics to CA$4.45 from CA$4.75, reflecting updated views on the company that feed into revised assumptions regarding growth, margins and future P/E. Analyst Commentary Recent research updates on HLS Therapeutics show price targets aligning at CA$4.45, with ratings maintained rather than shifted to more negative stances.

Recent updates

Narrative Update May 04

HLS: Future Upside Will Depend On Executing Refined Earnings Outlook

Analysts have trimmed their price target on HLS Therapeutics to CA$4.45 from CA$4.75, reflecting updated views on the company that feed into revised assumptions regarding growth, margins and future P/E. Analyst Commentary Recent research updates on HLS Therapeutics show price targets aligning at CA$4.45, with ratings maintained rather than shifted to more negative stances.
Narrative Update Apr 18

HLS: Future Execution Risks Will Temper Benefits Of New Cholesterol Franchise

Analysts have trimmed their price target on HLS Therapeutics to CA$4.45 from CA$4.75, reflecting updated views on its growth profile and profitability. Analyst Commentary Bearish analysts are signaling a more cautious stance on HLS Therapeutics after the revised CA$4.45 price target.
Narrative Update Apr 02

HLS: Future Execution Risks Will Offset New Product And Margin Assumptions

Analysts have trimmed their price target on HLS Therapeutics to CA$4.45 from CA$4.75, reflecting updated views on the company’s revenue growth potential, profit margin outlook, and a higher assumed future P/E multiple. Analyst Commentary Bearish analysts have reacted to recent developments by trimming their price target on HLS Therapeutics to CA$4.45 from CA$4.75, while maintaining a Hold stance.
Narrative Update Mar 18

HLS: Future Share Performance Will Rely On Execution Against Updated Outlook

The analyst price target for HLS Therapeutics has been reduced by CA$0.30 to CA$4.45. Analysts cited updated assumptions around growth, profitability and valuation multiples as key drivers for the change.
Narrative Update Mar 03

HLS: Fair Outlook Will Balance Revised Profitability Assumptions And Execution Risks

Analysts have trimmed their price target on HLS Therapeutics to CA$4.72 from CA$4.76, reflecting updated assumptions around discount rates, revenue growth, profit margins, and a slightly lower future P/E multiple. Valuation Changes Fair Value: CA$ fair value estimate adjusted slightly from CA$4.76 to CA$4.72.
Narrative Update Feb 17

HLS: Improved Profitability Outlook Will Support Stronger Future Share Performance

Analysts now see fair value for HLS Therapeutics at about CA$11.59, slightly below the prior CA$11.79. This reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E expectations.
Narrative Update Feb 03

HLS: Higher Profitability Outlook Will Support Upgraded Future Share Performance

Analysts have nudged their price target on HLS Therapeutics higher to C$7 from C$6, pointing to updated assumptions on revenue growth, profit margins and future P/E levels that support a slightly revised outlook for the shares. Analyst Commentary Recent Street research reflects a slightly more optimistic tone around HLS Therapeutics, with bullish analysts adjusting their models to support a higher valuation anchor for the shares.
Narrative Update Jan 20

HLS: Higher Profitability Outlook Will Drive Stronger Future Share Performance

Analysts have raised their price target on HLS Therapeutics to C$7 from C$6, reflecting updated views on fair value, growth expectations, profitability, and future P/E assumptions. Analyst Commentary Recent Street research points to a more constructive view on HLS Therapeutics, with bullish analysts revisiting their assumptions on fair value, growth potential, and what they are willing to pay on a P/E basis.
Narrative Update Jan 06

HLS: Higher Rating Outlook Will Balance Execution Risks And Near Term Guidance

Analysts lifted their price target for HLS Therapeutics to C$7 from C$6, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and a lower future P/E multiple in their models. Analyst Commentary Even with the price target now set at C$7, some research commentary still reads as cautious.
Narrative Update Dec 14

HLS: Higher Projected Earnings Will Support Stronger Future Share Performance

Analysts have raised their price target on HLS Therapeutics by C$1 to C$7, reflecting higher projected fair value, faster expected revenue growth, and improved profit margin assumptions, despite a slightly higher discount rate and lower future P/E multiple. Analyst Commentary Bullish analysts highlight that the higher price target reflects growing confidence in HLS Therapeutics execution and earnings trajectory, even after factoring in a modestly higher risk profile.
Narrative Update Nov 19

HLS: Ongoing Share Buybacks And Debt Reduction Will Drive Positive Momentum

The analyst price target for HLS Therapeutics has increased from C$6 to C$7. This reflects analysts’ confidence in the company’s improving financial performance and ongoing strategic initiatives.
Analysis Article Nov 16

HLS Therapeutics Inc. (TSE:HLS) Just Reported, And Analysts Assigned A CA$6.80 Price Target

The analysts might have been a bit too bullish on HLS Therapeutics Inc. ( TSE:HLS ), given that the company fell short...
Narrative Update Sep 25

Canadian Regulatory Approvals Will Foster A Vibrant Cardiovascular Market

Analysts have raised their price target for HLS Therapeutics to CA$7.41, citing positive impacts from share buybacks, debt reduction, and an expanding product portfolio, alongside signs of adjusted EBITDA recovery and improved operational performance. Analyst Commentary Share buybacks and debt reduction are viewed positively for capital allocation and balance sheet strength.
User avatar
New Narrative Apr 07

Vascepa Sales In Canada And Cost Cuts Will Transform Prospects

Significant revenue growth is expected from Vascepa in Canada, driven by increased prescriptions and stabilizing payer mix, positively impacting revenue.
Analysis Article Oct 26

Are Investors Undervaluing HLS Therapeutics Inc. (TSE:HLS) By 45%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, HLS Therapeutics fair value estimate is CA$6.42 Current share...
Analysis Article Sep 28

Pinning Down HLS Therapeutics Inc.'s (TSE:HLS) P/S Is Difficult Right Now

It's not a stretch to say that HLS Therapeutics Inc.'s ( TSE:HLS ) price-to-sales (or "P/S") ratio of 1.5x right now...
Analysis Article May 12

Analysts Have Lowered Expectations For HLS Therapeutics Inc. (TSE:HLS) After Its Latest Results

It's shaping up to be a tough period for HLS Therapeutics Inc. ( TSE:HLS ), which a week ago released some...
Analysis Article Apr 14

After Leaping 29% HLS Therapeutics Inc. (TSE:HLS) Shares Are Not Flying Under The Radar

The HLS Therapeutics Inc. ( TSE:HLS ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Apr 06

Here's Why HLS Therapeutics (TSE:HLS) Can Afford Some Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 16

Analysts Are More Bearish On HLS Therapeutics Inc. (TSE:HLS) Than They Used To Be

Market forces rained on the parade of HLS Therapeutics Inc. ( TSE:HLS ) shareholders today, when the analysts...
Analysis Article Sep 13

Here's Why HLS Therapeutics (TSE:HLS) Can Afford Some Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 05

Would HLS Therapeutics (TSE:HLS) Be Better Off With Less Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 05

HLS Therapeutics (TSE:HLS) Is Due To Pay A Dividend Of $0.05

The board of HLS Therapeutics Inc. ( TSE:HLS ) has announced that it will pay a dividend on the 15th of June, with...
Analysis Article Mar 20

HLS Therapeutics (TSE:HLS) Is Paying Out A Dividend Of $0.05

The board of HLS Therapeutics Inc. ( TSE:HLS ) has announced that it will pay a dividend on the 15th of June, with...
Analysis Article Nov 30

HLS Therapeutics (TSE:HLS) Has Affirmed Its Dividend Of $0.05

HLS Therapeutics Inc. ( TSE:HLS ) will pay a dividend of $0.05 on the 15th of March. Based on this payment, the...

Shareholder Returns

HLSCA PharmaceuticalsCA Market
7D1.1%1.3%1.6%
1Y-0.9%45.3%33.7%

Return vs Industry: HLS underperformed the Canadian Pharmaceuticals industry which returned 45.3% over the past year.

Return vs Market: HLS underperformed the Canadian Market which returned 33.7% over the past year.

Price Volatility

Is HLS's price volatile compared to industry and market?
HLS volatility
HLS Average Weekly Movement2.3%
Pharmaceuticals Industry Average Movement11.6%
Market Average Movement10.2%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market3.9%

Stable Share Price: HLS has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: HLS's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a85Craig Millianwww.hlstherapeutics.com

HLS Therapeutics Inc., a specialty pharmaceutical company, acquires and commercializes pharmaceutical products for the treatment of psychiatric disorders and cardiovascular disease in Canada, the United States, and internationally. The company offers Clozaril (clozapine tablets), an atypical antipsychotic to manage symptoms of treatment-resistant schizophrenia; CSAN Pronto device, which enhances and simplifies the mandatory safety blood monitoring process for patients that are prescribed Clozaril; Nilemdo, a bempedoic acid product for cardiovascular risk reduction; Nexlizet, a bempedoic acid and ezetimibe product for cardiovascular risk reduction; and Vascepa, an icosapent ethyl capsule for the treatment of cardiovascular disease. It also distributes MyCare psychiatry lab assays, which are a line of tests that can be processed on analyzers used in laboratory systems to measure the blood levels of the most common antipsychotic drugs, including clozapine, risperidone, quetiapine, aripiprazole, olanzapine, and paliperidone; and MyCare Insite, a point-of-care device that requires only a single drop of blood taken by a finger stick to measure patient drug levels.

HLS Therapeutics Inc. Fundamentals Summary

How do HLS Therapeutics's earnings and revenue compare to its market cap?
HLS fundamental statistics
Market capCA$145.12m
Earnings (TTM)-CA$14.22m
Revenue (TTM)CA$77.00m
1.9x
P/S Ratio
-10.2x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HLS income statement (TTM)
RevenueUS$55.74m
Cost of RevenueUS$16.15m
Gross ProfitUS$39.59m
Other ExpensesUS$49.89m
Earnings-US$10.29m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.33
Gross Margin71.03%
Net Profit Margin-18.46%
Debt/Equity Ratio73.5%

How did HLS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/24 18:32
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HLS Therapeutics Inc. is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David MartinBloom Burton & Co.
Tania Armstrong-WhitworthCanaccord Genuity
Michael FreemanRaymond James Ltd.