Establishment Labs Holdings Inc [ESTA] stock prices are up 10.89% to $56.83 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ESTA shares have gain 14.81% over the last week, with a monthly amount glided 6.84%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Establishment Labs Holdings Inc [NASDAQ: ESTA] stock has seen the most recent analyst activity on August 31, 2023, when JP Morgan initiated its Overweight rating and assigned the stock a price target of $75. Previously, Citigroup started tracking the stock with Buy rating on June 29, 2023, and set its price target to $79. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $70 on October 13, 2022. B. Riley Securities initiated its recommendation with a Buy and recommended $107 as its price target on August 24, 2022. UBS started tracking with a Buy rating for this stock on August 27, 2020, and assigned it a price target of $23. In a note dated May 14, 2020, Goldman initiated an Neutral rating and provided a target price of $20 on this stock.
The stock price of Establishment Labs Holdings Inc [ESTA] has been fluctuating between $16.96 and $73.00 over the past year. Currently, Wall Street analysts expect the stock to reach $87.33 within the next 12 months. Establishment Labs Holdings Inc [NASDAQ: ESTA] shares were valued at $56.83 at the most recent close of the market. An investor can expect a potential return of 53.67% based on the average ESTA price forecast.
Analyzing the ESTA fundamentals
The Establishment Labs Holdings Inc [NASDAQ:ESTA] reported sales of 155.79M for trailing twelve months, representing a drop of -20.11%. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at -0.42%, Pretax Profit Margin comes in at -0.53%, and Net Profit Margin reading is -0.53%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -2.06 and Total Capital is -0.26. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 53.14 points at the first support level, and at 49.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.21, and for the 2nd resistance point, it is at 63.59.
Establishment Labs Holdings Inc [ESTA] reported earnings per share of -$0.58 for its fiscal quarter that ended on 3/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.67/share, meaning a difference of $0.09 and a surprise factor of 13.40%. By comparison, the stated earnings for the previous quarter ended on 12/31/2023 were -$0.79 per share as compared to estimates of -$0.91 per share, a difference of $0.12 representing a surprise of 13.20%.
Ratios To Look Out For
It’s worth pointing out that Establishment Labs Holdings Inc [NASDAQ:ESTA]’s Current Ratio is 4.24. In addition, the Quick Ratio stands at 2.73 and the Cash Ratio stands at 1.52. Considering the valuation of this stock, the price to sales ratio is 9.42, the price to book ratio is 80.59.
Transactions by insiders
Recent insider trading involved LEWIN NICHOLAS SHERIDAN, Director, that happened on Dec 14 ’23 when 2000.0 shares were purchased. Director, LEWIN NICHOLAS SHERIDAN completed a deal on Nov 20 ’23 to buy 5000.0 shares. Meanwhile, Chief Financial Officer Denhoy Raj bought 2250.0 shares on Nov 17 ’23.
