A share price of Airsculpt Technologies Inc [AIRS] is currently trading at $6.03, down -0.33%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AIRS shares have gain 16.18% over the last week, with a monthly amount drifted -6.94%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Leerink Partners downgraded its rating to Market Perform on May 14, 2024, and dropped its price target to $5. On November 11, 2022, downgrade downgraded it’s rating to Neutral but maintained its price target of $4 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and decreased its price target to $8.50 on June 16, 2022. SVB Leerink initiated its recommendation with a Outperform and recommended $26 as its price target on November 23, 2021. Raymond James started tracking with a Outperform rating for this stock on November 23, 2021, and assigned it a price target of $18. In a note dated November 23, 2021, Piper Sandler initiated an Overweight rating and provided a target price of $22 on this stock.
Airsculpt Technologies Inc experienced fluctuations in its stock price throughout the past year between $2.92 and $9.20. Currently, Wall Street analysts expect the stock to reach $6.67 within the next 12 months. Airsculpt Technologies Inc [NASDAQ: AIRS] shares were valued at $6.03 at the most recent close of the market. An investor can expect a potential return of 10.61% based on the average AIRS price forecast.
Analyzing the AIRS fundamentals
Trailing Twelve Months sales for Airsculpt Technologies Inc [NASDAQ:AIRS] were 188.78M which represents -9.07% decline. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.09 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.85.
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 5.79 points at the first support level, and at 5.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.27, and for the 2nd resistance point, it is at 6.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Airsculpt Technologies Inc [NASDAQ:AIRS] is 0.51. Further, the Quick Ratio stands at 0.51, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 1.85, the price to book ratio is 4.22.
Transactions by insiders
Recent insider trading involved Rollins Aaron, Executive Chairman, that happened on Nov 15 ’24 when 49019.0 shares were sold. Executive Chairman, Rollins Aaron completed a deal on Nov 14 ’24 to sell 44756.0 shares. Meanwhile, Executive Chairman Rollins Aaron sold 15438.0 shares on Nov 13 ’24.
