In the last trading session, 0.22 million Airsculpt Technologies Inc (NASDAQ:AIRS) shares changed hands as the company’s beta touched 1.69. With the company’s per share price at $5.44 changed hands at $0.03 or 0.55% during last session, the market valuation stood at $314.88M. AIRS’s last price was a discount, traded about -69.12% off its 52-week high of $9.20. The share price had its 52-week low at $2.92, which suggests the last value was 46.32% up since then. When we look at Airsculpt Technologies Inc’s average trading volume, we note the 10-day average is 0.26 million shares, with the 3-month average coming to 193.86K.
Analysts gave the Airsculpt Technologies Inc (AIRS) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.60. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended AIRS as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Airsculpt Technologies Inc’s EPS for the current quarter is expected to be 0.03.
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Airsculpt Technologies Inc (NASDAQ:AIRS) trade information
Instantly AIRS was in green as seen at the end of in last trading. With action -13.51%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -27.37%, with the 5-day performance at -13.51% in the red. However, in the 30-day time frame, Airsculpt Technologies Inc (NASDAQ:AIRS) is -22.29% down. Looking at the short shares, we see there were 2.04 million shares sold at short interest cover period of 8.67 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need a downside of -8.8% from its current market value. According to analyst projections, AIRS’s forecast low is 4 with 11 as the target high. To hit the forecast high, the stock’s price needs a -102.21% plunge from its current level, while the stock would need to tank 26.47% for it to hit the projected low.
Airsculpt Technologies Inc (AIRS) estimates and forecasts
Data shows that the Airsculpt Technologies Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 35.66% over the past 6 months, a -50.00% in annual growth rate that is considerably lower than the industry average of 16.10%. Year-over-year growth is forecast to reach -5.20% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 44.55M. 4 analysts are of the opinion that Airsculpt Technologies Inc’s revenue for the current quarter will be 50.45M. The company’s revenue for the corresponding quarters a year ago was 47.61M and 47.62M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -6.43%. The estimates for the next quarter sales put growth at 5.95%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -18.66%. The 2024 estimates are for Airsculpt Technologies Inc earnings to decrease by -72.32%.
AIRS Dividends
Airsculpt Technologies Inc is expected to release its next quarterly earnings report in January.
Airsculpt Technologies Inc (NASDAQ:AIRS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 26.62% of Airsculpt Technologies Inc shares while 73.27% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 99.86%. There are 73.27% institutions holding the Airsculpt Technologies Inc stock share, with VESEY STREET CAPITAL PARTNERS, L.L.C. the top institutional holder. As of 2024-06-30, the company held 51.0678% of the shares, roughly 29.32 million AIRS shares worth $117.3 million.
SW INVESTMENT MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 7.8367% or 4.5 million shares worth $18.0 million as of 2024-06-30.
