How To Know If Cutera Inc (NASDAQ:CUTR) Is Expensive At $2.53.

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In last trading session, Cutera Inc (NASDAQ:CUTR) saw 0.45 million shares changing hands with its beta currently measuring 1.46. Company’s recent per share price level of $2.53 trading at -$0.04 or -1.56% at ring of the bell on the day assigns it a market valuation of $50.50M. That closing price of CUTR’s stock is at a discount of -766.8% from its 52-week high price of $21.93 and is indicating a premium of 49.41% from its 52-week low price of $1.28. Taking a look at company’s average trading volume volume of 1.05 million if we extend that period to 3-months.

Cutera Inc (NASDAQ:CUTR) trade information

Upright in the red during last session for losing -1.56%, in the last five days CUTR remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $2.53 price level, adding 8.0% to its value on the day. Cutera Inc’s shares saw a change of -28.23% in year-to-date performance and have moved 19.34% in past 5-day. Cutera Inc (NASDAQ:CUTR) showed a performance of 74.48% in past 30-days.

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Cutera Inc (CUTR) estimates and forecasts

Statistics highlight that Cutera Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -14.81% of value to its shares in past 6 months, showing an annual growth rate of 21.28% while that of industry is 2.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -23.30% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 37.32M for the same. And 5 analysts are in estimates of company making revenue of 39.53M in the next quarter. Company posted 54.99M and 61.22M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -27.69% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 1.60% while estimates for its earnings growth in next 5 years are of 25.00%.

CUTR Dividends

Cutera Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.