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Harvard Bioscience, Inc. (HBIO)

Healthcare | Medical Instruments & Supplies | Holliston, United States | NasdaqCM
6.12 USD -0.02 (-0.326%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:34 a.m. EDT

The investment case for Harvard Bioscience is fundamentally broken. The company is hemorrhaging value, evidenced by a catastrophic 84% decline over the last nine years and a trailing twelve-month loss of $2.15 per share. Despite trading at a low price-to-book ratio, the business is generating negative operating margins and destroying equity, with a debt-to-equity ratio of 439% signaling severe leverage risks. The recent 1-for-10 reverse stock split is a classic distress signal, often employed by companies to prop up the share price or facilitate delisting, rather than a sign of operational health. While the recent price bounce offers temporary relief, the lack of analyst coverage, the absence of any dividend history, and the deteriorating fundamentals make this a dangerous speculative vehicle. The options market confirms this pessimism, with traders buying deep puts to protect against further collapse rather than betting on a recovery.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.226437
AutoETS0.233146
AutoTheta0.268487
AutoARIMA0.305861
MSTL_1050.354267

Forecast horizon: 60 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 0.62
Ljung-Box p 0.000
Jarque-Bera p 0.428
Excess Kurtosis 0.05
Attribute Value
Sector Healthcare
Debt to Equity Ratio 439.2
Revenue per Share 19.2
Market Cap 27,602,314
Forward P/E 13.91
Beta 1.50
Profit Margins -11.44%
Website https://www.harvardbioscience.com

As of July 11, 2026, 3:34 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest at deep strikes ($0.50), while call activity is concentrated entirely in-the-money at very low strikes ($0.50-$1.00). This distribution suggests a 'floor' strategy rather than a directional bet, indicating fear of further downside rather than anticipation of a rally.


Info Dump

Attribute Value
52 Week Change 0.427907
Address1 84 October Hill Road
Address2 Suite 10
All Time High 109.93176
All Time Low 2.8
Ask 7.93
Ask Size 2
Average Daily Volume10 Day 13,730
Average Daily Volume3 Month 30,690
Average Volume 30,690
Average Volume10Days 13,730
Beta 1.495
Bid 4.4
Bid Size 2
Book Value 2.227
City Holliston
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 6.12
Current Ratio 1.99
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 6.36
Day Low 6.1
Debt To Equity 439.2
Display Name Harvard Bioscience
Earnings Call Timestamp End 1,778,587,200
Earnings Call Timestamp Start 1,778,587,200
Earnings Timestamp 1,778,589,000
Earnings Timestamp End 1,786,365,000
Earnings Timestamp Start 1,786,365,000
Ebitda 7,823,000
Ebitda Margins 0.09146
Enterprise To Ebitda 8.261
Enterprise To Revenue 0.756
Enterprise Value 64,626,312
Eps Current Year -0.7
Eps Forward 0.44
Eps Trailing Twelve Months -2.14
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 508 429 5732
Fifty Day Average 6.0862
Fifty Day Average Change 0.03379965
Fifty Day Average Change Percent 0.0055534896
Fifty Two Week Change Percent 42.7907
Fifty Two Week High 9.4
Fifty Two Week High Change -3.2799997
Fifty Two Week High Change Percent -0.34893617
Fifty Two Week Low 3.8
Fifty Two Week Low Change 2.32
Fifty Two Week Low Change Percent 0.6105263
Fifty Two Week Range 3.8 - 9.4
Financial Currency USD
First Trade Date Milliseconds 985,012,200,000
Float Shares 3,505,133
Forward Eps 0.44
Forward P E 13.909091
Free Cashflow 7,843,375
Full Exchange Name NasdaqCM
Full Time Employees 316
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.58423
Gross Profits 49,970,000
Has Pre Post Market Data 1
Held Percent Insiders 0.09483
Held Percent Institutions 0.41457
Implied Shares Outstanding 4,510,182
Industry Medical Instruments & Supplies
Industry Disp Medical Instruments & Supplies
Industry Key medical-instruments-supplies
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,773,619,200
Last Split Factor 1:10
Long Business Summary Harvard Bioscience, Inc. develops, manufactures, and sells technologies, products, and services for life science applications in the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers cellular and molecular technology products, such as syringe and peristaltic infusion pump products; electroporation and electrofusion instruments, amino acid analyzers, spectrophotometers, and other equipment for molecular level testing and research; and precision scientific measuring instrumentation and equipment, including data acquisition systems for cellular analysis, complete micro electrode array solutions for in vivo recordings, and in vitro systems for extracellular recordings. It provides preclinical products that includes platform to assess physiological data from organisms for research, drug discovery, and drug development services comprising implantable and externally worn telemetry systems for use in research to collect cardiovascular, central nervous system, respiratory, and metabolic data; behavioral products; isolated organ and surgical products, instruments and accessories for tissue, and organ-based lab research, including surgical products, infusion systems, and behavior research systems; turn-key respiratory system solutions, including plethysmograph chambers, data acquisition hardware, physiological signal analysis software, and final report generation; inhalation and exposure systems; and GLP-capable data acquisition and analysis systems. The company markets its products through websites and distributors to research scientists in pharmaceutical and biotechnology companies, universities, hospitals, and government laboratories; and contract research organizations and academic laboratories. It primarily sells its products under the Harvard Apparatus, Biochrom, BTX, HEKA, KD Scientific, MCS, Warner, DSI, Panlab, Hugo Sachs, and Buxco brands. Harvard Bioscience, Inc. was founded in 1901 and is based in Holliston, Massachusetts.
Long Name Harvard Bioscience, Inc.
Market us_market
Market Cap 27,602,314
Market State PRE
Max Age 86,400
Message Board Id finmb_598656
Most Recent Quarter 1,774,915,200
Net Income To Common -9,784,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 27,692,517
Number Of Analyst Opinions 1
Open 6.11
Operating Cashflow 3,081,000
Operating Margins -0.04524
Payout Ratio 0.0
Peg Ratio 1.31
Phone 508 893 8999
Previous Close 6.14
Price Eps Current Year -8.742857
Price Hint 2
Price To Book 2.7480915
Price To Sales Trailing12 Months 0.32271707
Profit Margins -0.11439
Quick Ratio 0.908
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.02
Regular Market Change Percent -0.325733
Regular Market Day High 6.36
Regular Market Day Low 6.1
Regular Market Day Range 6.1 - 6.36
Regular Market Open 6.11
Regular Market Previous Close 6.14
Regular Market Price 6.12
Regular Market Time 1,783,972,801
Regular Market Volume 9,307
Return On Assets 0.0173
Return On Equity -0.78646004
Revenue Growth -0.047
Revenue Per Share 19.2
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Shares Outstanding 4,510,182
Shares Percent Shares Out 0.015700001
Shares Short 70,890
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 106,197
Short Name Harvard Bioscience, Inc.
Short Percent Of Float 0.016
Short Ratio 3.22
Source Interval 15
State MA
Symbol HBIO
Target High Price 6.0
Target Low Price 6.0
Target Mean Price 6.0
Target Median Price 6.0
Total Cash 7,098,000
Total Cash Per Share 1.574
Total Debt 44,122,000
Total Revenue 85,531,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -2.14
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.81085
Two Hundred Day Average Change 0.30914974
Two Hundred Day Average Change Percent 0.053202152
Type Disp Equity
Volume 9,307
Website https://www.harvardbioscience.com
Zip 1,746