Establishment Labs Holdings Inc [ESTA] stock prices are up 0.46% to $31.47 at the moment. 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 ESTA shares have gain 15.21% over the last week, with a monthly amount drifted -19.88%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Citigroup downgraded its rating to Neutral on May 22, 2024, and kept the price target unchanged to $60. On August 31, 2023, JP Morgan initiated with a Overweight rating and assigned a price target of $75 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $79 on June 29, 2023. Mizuho started tracking with a Buy rating for this stock on October 13, 2022, and assigned it a price target of $70. In a note dated August 24, 2022, B. Riley Securities initiated an Buy rating and provided a target price of $107 on this stock.
The stock price of Establishment Labs Holdings Inc [ESTA] has been fluctuating between $26.56 and $60.12 over the past year. 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 $31.47 at the most recent close of the market. An investor can expect a potential return of 147.86% based on the average ESTA price forecast.
Analyzing the ESTA fundamentals
The Establishment Labs Holdings Inc [NASDAQ:ESTA] reported sales of 166.03M for trailing twelve months, representing a surge of 41.05%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at -0.3%, Pretax Profit Margin comes in at -0.51%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -0.24, Equity is -1.8 and Total Capital is -0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.08.
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 30.49 points at the first support level, and at 29.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.48, and for the 2nd resistance point, it is at 33.49.
Ratios To Look Out For
It’s worth pointing out that Establishment Labs Holdings Inc [NASDAQ:ESTA]’s Current Ratio is 3.56. Further, the Quick Ratio stands at 2.39, while the Cash Ratio is 1.32. Considering the valuation of this stock, the price to sales ratio is 5.45, the price to book ratio is 17.06.
Transactions by insiders
Recent insider trading involved JW Asset Management, LLC, 10% Owner, that happened on Dec 04 ’24 when 100000.0 shares were sold. Chief Executive Officer, Chacon Quiros Juan Jose completed a deal on Jul 11 ’24 to sell 3641.0 shares. Meanwhile, Chief Executive Officer Chacon Quiros Juan Jose sold 3866.0 shares on Jul 08 ’24.
