At the time of writing, Cricut Inc [CRCT] stock is trading at $4.92, up 0.72%. An important factor to consider is whether the stock is rising or falling in short-term value. The CRCT shares have lost -4.47% over the last week, with a monthly amount drifted -11.51%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Cricut Inc [NASDAQ: CRCT] stock has seen the most recent analyst activity on December 13, 2023, when Goldman initiated its Neutral rating and assigned the stock a price target of $7. Previously, Citigroup started tracking the stock with Neutral rating on August 28, 2023, and set its price target to $10.50. On March 09, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $13 on the stock. Barclays downgraded its rating to a Underweight but stick to its price target of $28 on October 01, 2021. Barclays downgraded its rating to a Equal Weight but $28 remained the price target by the analyst firm on August 17, 2021. Morgan Stanley downgraded its rating to Underweight for this stock on August 13, 2021, but kept the price target unchanged to $29. In a note dated August 13, 2021, Goldman downgraded an Neutral rating on this stock and revised its target price from $37 to $31.
For the past year, the stock price of Cricut Inc fluctuated between $4.46 and $7.79. Currently, Wall Street analysts expect the stock to reach $5.75 within the next 12 months. Cricut Inc [NASDAQ: CRCT] shares were valued at $4.92 at the most recent close of the market. An investor can expect a potential return of 16.87% based on the average CRCT price forecast.
Analyzing the CRCT fundamentals
According to Cricut Inc [NASDAQ:CRCT], the company’s sales were 712.54M for trailing twelve months, which represents an -9.49% plunge. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.13 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
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 4.65 points at the first support level, and at 4.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.19, and for the 2nd resistance point, it is at 5.47.
Ratios To Look Out For
It is important to note that Cricut Inc [NASDAQ:CRCT] has a current ratio of 2.85. On the other hand, the Quick Ratio is 2.29, and the Cash Ratio is 1.14. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 2.25 and price to earnings (TTM) ratio is 16.95.
Transactions by insiders
Recent insider trading involved Ashish Arora, Chief Executive Officer, that happened on Mar 27 ’25 when 5283.0 shares were sold. Chief Executive Officer, Ashish Arora completed a deal on Mar 25 ’25 to sell 710.0 shares. Meanwhile, Chief Executive Officer Ashish Arora sold 35203.0 shares on Mar 14 ’25.
