In last trading session, Cutera Inc (NASDAQ:CUTR) saw 0.73 million shares changing hands with its beta currently measuring 1.30. Company’s recent per share price level of $0.46 trading at $0.01 or 2.20% at ring of the bell on the day assigns it a market valuation of $9.29M. That closing price of CUTR’s stock is at a discount of -980.43% from its 52-week high price of $4.97 and is indicating a premium of 39.13% from its 52-week low price of $0.28. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.9 million shares which gives us an average trading volume of 739.82K if we extend that period to 3-months.
For Cutera Inc (CUTR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.98 in the current quarter.
Cutera Inc (NASDAQ:CUTR) trade information
Upright in the green during last session for gaining 2.20%, in the last five days CUTR remained trading in the green while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $0.46 price level, adding 52.58% to its value on the day. Cutera Inc’s shares saw a change of 30.35% in year-to-date performance and have moved 17.95% in past 5-day. Cutera Inc (NASDAQ:CUTR) showed a performance of 24.32% in past 30-days. Number of shares sold short was 4.08 million shares which calculate 11.57 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 1 to the stock, which implies a rise of 54.0% to its current value. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 1. It follows that stock’s current price would drop -117.39% in reaching the projected high whereas dropping to the targeted low would mean a loss of -117.39% for stock’s current value.
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 -68.92% of value to its shares in past 6 months, showing an annual growth rate of -9.15% while that of industry is -17.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -33.59% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 35.38M for the same. And 3 analysts are in estimates of company making revenue of 34.06M in the next quarter. Company posted 49.54M and 38.79M 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 -29.66% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -1.05% while estimates for its earnings growth in next 5 years are of 25.00%.
Cutera Inc (NASDAQ:CUTR)’s Major holders
Insiders are in possession of 1.98% of company’s total shares while institution are holding 37.21 percent of that, with stock having share float percentage of 37.96%. Investors also watch the number of corporate investors in a company very closely, which is 37.21% institutions for Cutera Inc that are currently holding shares of the company. RTW INVESTMENTS, LP is the top institutional holder at CUTR for having 1.33 million shares of worth $2.01 million. And as of 2024-06-30, it was holding 6.6619 of the company’s outstanding shares.
The second largest institutional holder is PURA VIDA INVESTMENTS, LLC, which was holding about 1.17 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.8316 of outstanding shares, having a total worth of $1.76 million.
On the other hand, Vanguard Total Stock Market Index Fund and EQ Advisors Trust-1290 VT Gamco Small Company Value Port are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 594.16 shares of worth $0.27 million or 2.94% of the total outstanding shares. The later fund manager was in possession of 319.0 shares on Sep 30, 2024 , making its stake of worth around $0.15 million in the company or a holder of 1.58% of company’s stock.
