Establishment Labs Holdings Inc (NASDAQ:ESTA)’s traded shares stood at 0.42 million during the last session, with the company’s beta value hitting 1.02. At the close of trading, the stock’s price was $28.51, to imply a decrease of -5.81% or -$1.76 in intraday trading. The ESTA share’s 52-week high remains $60.12, putting it -110.87% down since that peak but still an impressive -3.79% since price per share fell to its 52-week low of $29.59. The company has a valuation of $820.05M, with an average of 0.43 million shares in intraday trading volume over the past 10 days and average of 556.98K 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 1.29. 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 -0.65.
Establishment Labs Holdings Inc (NASDAQ:ESTA) trade information
After registering a -5.81% downside 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 -11.05%, and -39.11% over 30 days. With these gigs, the year-to-date price performance is -38.12%. Short interest in Establishment Labs Holdings Inc (NASDAQ:ESTA) saw shorts transact 5.01 million shares and set a 7.03 days time to cover.
The extremes give us $45 and $45 for target low and target high price respectively. As such, ESTA has been trading -57.84% off suggested target high and -57.84% from its likely low.
Establishment Labs Holdings Inc (ESTA) estimates and forecasts
The rating firms project that company’s revenue will grow 0.49% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 44.45M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 43.81M.Earnings reports from the last fiscal year show that sales brought in 31.56M and 37.17M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 40.83% before jumping 17.86% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -20.32% for the past 5-year period. While 2025 is set for a 21.05% return in earnings, projections for the next 5 years are at 28.78% annually.
ESTA Dividends
Establishment Labs Holdings Inc has its next earnings report out in March. 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 11.71% of total outstanding shares, with institutional holders owning 99.94% of the shares at 113.19% float percentage. In total, 99.94% 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.
Going by data provided on Sep 30, 2024 , Smallcap World Fund holds roughly 1.29 shares. This is just over 4.61% of the total shares, with a market valuation of $36.78 million. Data from the same date shows that the other fund manager holds a little less at 610.32, or 2.18% of the shares, all valued at about 17.4 million.
