During the recent session, Cutera Inc (NASDAQ:CUTR)’s traded shares were 0.99 million, with the beta value of the company hitting 1.39. At the last check today, the stock’s price was $0.80, reflecting an intraday loss of -28.55% or -$0.32. The 52-week high for the CUTR share is $16.00, that puts it down -1900.0 from that peak though still a striking -27.5% loss since the share price plummeted to a 52-week low of $1.02. The company’s market capitalization is $16.09M, and the average intraday trading volume over the past 10 days was 0.48 million shares, and the average trade volume was 571.08K shares over the past three months.

Cutera Inc (CUTR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.20. CUTR has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.

Cutera Inc (NASDAQ:CUTR) trade information

Cutera Inc (CUTR) registered a -28.55% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -28.55% in intraday trading to $0.80, hitting a weekly high. The stock’s 5-day price performance is -32.75%, and it has moved by -45.93% in 30 days. Based on these gigs, the overall price performance for the year is -94.02%. The short interest in Cutera Inc (NASDAQ:CUTR) is 4.63 million shares and it means that shorts have 6.93 day(s) to cover.

The consensus price target of analysts on Wall Street is $55, which implies an increase of 98.55% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $33 and $68 respectively. As a result, CUTR is trading at a discount of -8400.0% off the target high and -4025.0% off the low.

Cutera Inc (CUTR) estimates and forecasts

Statistics show that Cutera Inc has outperformed its competitors in share price, compared to the industry in which it operates. Cutera Inc (CUTR) shares have gone down -69.80% during the last six months, with a year-to-date growth rate more than the industry average at 21.06% against -8.70.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -29.66%. While earnings are projected to return 10.21% in 2024, the next five years will return 25.00% per annum.

CUTR Dividends

Cutera Inc is due to release its next quarterly earnings 2024-Nov-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Cutera Inc (NASDAQ:CUTR)’s Major holders

Cutera Inc insiders own 2.09% of total outstanding shares while institutional holders control 68.88%, with the float percentage being 70.36%. RTW INVESTMENTS, LP is the largest shareholder of the company, while 120.0 institutions own stock in it. As of 2024-03-31, the company held over 1.33 million shares (or 6.6619% of all shares), a total value of $1.96 million in shares.

The next largest institutional holding, with 1.28 million shares, is of BLACKROCK INC.’s that is approximately 6.3918% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $1.88 million.

Also, the Mutual Funds coming in first place with the largest holdings of Cutera Inc (CUTR) shares are EQ Advisors Trust-1290 VT Gamco Small Company Value Port and Vanguard Total Stock Market Index Fund. Data provided on Mar 31, 2024 indicates that EQ Advisors Trust-1290 VT Gamco Small Company Value Port owns about 597.0 shares. This amounts to just over 2.97 percent of the company’s overall shares, with a $0.48 million market value. The same data shows that the other fund manager holds slightly less at 594.16, or about 2.96% of the stock, which is worth about $0.48 million.