In the last trading session, 1.22 million shares of the Establishment Labs Holdings Inc (NASDAQ:ESTA) were traded, and its beta was 0.76. Most recently the company’s share price was $46.20, and it changed around $3.32 or 7.74% from the last close, which brings the market valuation of the company to $1.33B. ESTA currently trades at a discount to its 52-week high of $60.12, offering almost -30.13% off that amount. The share price’s 52-week low was $28.16, which indicates that the current value has risen by an impressive 39.05% since then.
Establishment Labs Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.29. If we narrow it down even further, the data shows that 0 out of 7 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended ESTA as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Establishment Labs Holdings Inc is expected to report earnings per share of -0.82 for the current quarter.
Establishment Labs Holdings Inc (NASDAQ:ESTA) trade information
Instantly ESTA has showed a green trend with a performance of 7.74% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 46.73 on recent trading dayincreased the stock’s daily price by 1.13%. The company’s shares are currently up 0.28% year-to-date, but still up 29.12% over the last five days. On the other hand, Establishment Labs Holdings Inc (NASDAQ:ESTA) is 44.15% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $78.5, which translates to bulls needing to increase their stock price by 41.15% from its current value. Analyst projections state that ESTA is forecast to be at a low of $45 and a high of $110.
Establishment Labs Holdings Inc (ESTA) estimates and forecasts
The year-over-year growth rate is expected to be 24.83%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 40.97M in revenue for the current quarter. 7 analysts expect Establishment Labs Holdings Inc to make 52.41M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 37.17M and 44.12M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 10.23%. Forecasts for the next quarter put sales growth at 18.80%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -10.09%.
ESTA Dividends
Establishment Labs Holdings Inc’s next quarterly earnings report is expected to be released in April.
RTW INVESTMENTS, LP, with 9.5884% or 2.68 million shares worth $121.58 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
