In today’s recent session, 6.86 million shares of the Cutera Inc (NASDAQ:CUTR) have been traded, and its beta is 1.12. Most recently the company’s share price was $0.17, and it changed around -$0.14 or -47.23% from the last close, which brings the market valuation of the company to $3.35M. CUTR at last check was trading at a discount to its 52-week high of $3.00, offering almost -1664.71% off that amount. The share price’s 52-week low was $0.28, which indicates that the recent value has fallen by an impressive -64.71% since then.
Cutera Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended CUTR as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Cutera Inc is expected to report earnings per share of -0.98 for the current quarter.
Cutera Inc (NASDAQ:CUTR) trade information
Instantly CUTR has been showing red trend so far today with a performance of -47.23% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.4500 on recent trading dayincreased the stock’s daily price by 62.22%. The company’s shares are currently down -52.99% year-to-date, but still down -58.76% over the last five days. On the other hand, Cutera Inc (NASDAQ:CUTR) is -61.16% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $44, which translates to bulls needing to increase their stock price by 99.61% from its current value. Analyst projections state that CUTR is forecast to be at a low of $1 and a high of $68.
Cutera Inc (CUTR) estimates and forecasts
The year-over-year growth rate is expected to be -33.59%, down from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 35.38M in revenue for the current quarter. 3 analysts expect Cutera Inc to make 34.06M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 49.54M and 38.79M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -28.59%. Forecasts for the next quarter put sales growth at -12.21%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -29.66%.
Cutera Inc (NASDAQ:CUTR)’s Major holders
PURA VIDA INVESTMENTS, LLC, with 5.8026% or 1.17 million shares worth $1.76 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 594.16 shares worth $0.1 million, making up 2.94% of all outstanding shares. On the other hand, Vanguard Extended Market Index Fund held roughly 255.22 shares worth around $42979.0, which represents about 1.26% of the total shares outstanding.
