During the last session, Establishment Labs Holdings Inc (NASDAQ:ESTA)’s traded shares were 0.6 million, with the beta value of the company hitting 1.01. At the end of the trading day, the stock’s price was $36.08, reflecting an intraday gain of 7.41% or $2.49. The 52-week high for the ESTA share is $60.12, that puts it down -66.63 from that peak though still a striking 21.95% gain since the share price plummeted to a 52-week low of $28.16. The company’s market capitalization is $1.04B, and the average intraday trading volume over the past 10 days was 0.42 million shares, and the average trade volume was 526.22K shares over the past three months.
Establishment Labs Holdings Inc (ESTA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.29. ESTA has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.65.
Establishment Labs Holdings Inc (NASDAQ:ESTA) trade information
Establishment Labs Holdings Inc (ESTA) registered a 7.41% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.41% in intraday trading to $36.08, hitting a weekly high. The stock’s 5-day price performance is 26.55%, and it has moved by 4.13% in 30 days. Based on these gigs, the overall price performance for the year is -3.14%. The short interest in Establishment Labs Holdings Inc (NASDAQ:ESTA) is 4.96 million shares and it means that shorts have 6.69 day(s) to cover.
The consensus price target of analysts on Wall Street is $45, which implies an increase of 19.82% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $45 and $45 respectively. As a result, ESTA is trading at a discount of -24.72% off the target high and -24.72% off the low.
Establishment Labs Holdings Inc (ESTA) estimates and forecasts
In the rating firms’ projections, revenue will increase 0.49% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 44.45M as predicted by 7 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 43.81M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 31.56M and 37.17M respectively. In this case, analysts expect current quarter sales to grow by 40.83% and then jump by 17.86% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -20.32%. While earnings are projected to return 21.05% in 2025, the next five years will return 28.78% per annum.
ESTA Dividends
Establishment Labs Holdings Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Establishment Labs Holdings Inc (NASDAQ:ESTA)’s Major holders
Establishment Labs Holdings Inc insiders own 11.71% of total outstanding shares while institutional holders control 102.11%, with the float percentage being 115.65%. JW ASSET MANAGEMENT, LLC is the largest shareholder of the company, while 195.0 institutions own stock in it. As of 2024-06-30, the company held over 3.19 million shares (or 11.4887% of all shares), a total value of $145.07 million in shares.
The next largest institutional holding, with 2.68 million shares, is of RTW INVESTMENTS, LP’s that is approximately 9.5884% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $121.58 million.
Data provided on Sep 30, 2024 indicates that Smallcap World Fund owns about 1.29 shares. This amounts to just over 4.61 percent of the company’s overall shares, with a $46.54 million market value. The same data shows that the other fund manager holds slightly less at 610.32, or about 2.18% of the stock, which is worth about $22.02 million.
