Establishment Labs Holdings Inc (NASDAQ:ESTA)’s traded shares stood at 0.52 million during the last session, with the company’s beta value hitting 1.21. At the close of trading, the stock’s price was $45.25, to imply an increase of 8.20% or $3.43 in intraday trading. The ESTA share’s 52-week high remains $60.12, putting it -32.86% down since that peak but still an impressive 62.52% since price per share fell to its 52-week low of $16.96. The company has a valuation of $1.17B, with an average of 0.85 million shares in intraday trading volume over the past 10 days and average of 360.16K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Establishment Labs Holdings Inc (ESTA), translating to a mean rating of 1.33. Of 5 analyst(s) looking at the stock, 0 analyst(s) give ESTA a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.61.
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Establishment Labs Holdings Inc (NASDAQ:ESTA) trade information
After registering a 8.20% upside in the last session, Establishment Labs Holdings Inc (ESTA) has traded red over the past five days. The 5-day price performance for the stock is -3.81%, and 6.47% over 30 days. With these gigs, the year-to-date price performance is 74.78%. Short interest in Establishment Labs Holdings Inc (NASDAQ:ESTA) saw shorts transact 4.52 million shares and set a 27.28 days time to cover.
The extremes give us $45 and $110 for target low and target high price respectively. As such, ESTA has been trading -143.09% off suggested target high and 0.55% from its likely low.
Establishment Labs Holdings Inc (ESTA) estimates and forecasts
Looking at statistics comparing Establishment Labs Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. Establishment Labs Holdings Inc (ESTA) shares are -16.45% down over the last 6 months, with its year-to-date growth rate higher than industry average at 26.06% against 7.30%. Revenue is forecast to grow 45.50% this quarter before jumping 38.00% for the next one. The rating firms project that company’s revenue will grow 6.00% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 40.34M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 53.59M.Earnings reports from the last fiscal year show that sales brought in 40.49M and 31.56M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -0.40% before jumping 69.80% in the following quarter.
ESTA Dividends
Establishment Labs Holdings Inc has its next earnings report out on 2024-Nov-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Establishment Labs Holdings Inc (NASDAQ:ESTA)’s Major holders
Establishment Labs Holdings Inc insiders hold 11.29% of total outstanding shares, with institutional holders owning 90.17% of the shares at 101.65% float percentage. In total, 90.17% institutions holds shares in the company, led by JW ASSET MANAGEMENT, LLC. As of 2024-06-30, the company held over 3.19 million shares (or 11.4887% of shares), all amounting to roughly $145.07 million.
The next major institution holding the largest number of shares is RTW INVESTMENTS, LP with 2.68 million shares, or about 9.6289% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $121.58 million.
