Establishment Labs Holdings Inc (ESTA) stock poised to deliver a potential return of 68.72%

At the time of writing, Establishment Labs Holdings Inc [ESTA] stock is trading at $46.23, up 2.17%. 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 6.84% over the last week, with a monthly amount glided 11.16%, 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 May 22, 2024, when Citigroup downgraded its rating to a Neutral but kept the price target unchanged to $60 for it. Previously, JP Morgan started tracking the stock with Overweight rating on August 31, 2023, and set its price target to $75. On June 29, 2023, Citigroup initiated with a Buy rating and assigned a price target of $79 on the stock. Mizuho initiated its recommendation with a Buy and recommended $70 as its price target on October 13, 2022. B. Riley Securities started tracking with a Buy rating for this stock on August 24, 2022, and assigned it a price target of $107. In a note dated August 27, 2020, UBS initiated an Buy rating and provided a target price of $23 on this stock.

For the past year, the stock price of Establishment Labs Holdings Inc fluctuated between $16.96 and $60.12. Currently, Wall Street analysts expect the stock to reach $78 within the next 12 months. Establishment Labs Holdings Inc [NASDAQ: ESTA] shares were valued at $46.23 at the most recent close of the market. An investor can expect a potential return of 68.72% based on the average ESTA price forecast.

Analyzing the ESTA fundamentals

According to Establishment Labs Holdings Inc [NASDAQ:ESTA], the company’s sales were 151.35M for trailing twelve months, which represents an -9.15% plunge. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at -0.41%, Pretax Profit Margin comes in at -0.56%, and Net Profit Margin reading is -0.55%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -2.21 and Total Capital is -0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.32.

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 44.93 points at the first support level, and at 43.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.16, and for the 2nd resistance point, it is at 48.08.

Ratios To Look Out For

It is important to note that Establishment Labs Holdings Inc [NASDAQ:ESTA] has a current ratio of 4.44. In addition, the Quick Ratio stands at 2.90 and the Cash Ratio stands at 1.3. Considering the valuation of this stock, the price to sales ratio is 7.88, the price to book ratio is 28.69.

Transactions by insiders

Recent insider trading involved Chacon Quiros Juan Jose, Chief Executive Officer, that happened on Jul 11 ’24 when 3641.0 shares were sold. Chief Executive Officer, Chacon Quiros Juan Jose completed a deal on Jul 08 ’24 to sell 3866.0 shares. Meanwhile, Chief Executive Officer Chacon Quiros Juan Jose sold 654.0 shares on Jul 09 ’24.

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