During the last session, Cutera Inc (NASDAQ:CUTR)’s traded shares were 45.21 million, with the beta value of the company hitting 1.25. The company’s market capitalization is $2.36M, and the average trade volume was 1.08 million shares over the past three months.
Cutera Inc (CUTR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. CUTR has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 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 -0.98.
Cutera Inc (NASDAQ:CUTR) trade information
Cutera Inc (CUTR) registered a 1.13% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.13% in intraday trading to $0.12, hitting a weekly high. The stock’s 5-day price performance is -67.01%, and it has moved by -73.34% in 30 days. Based on these gigs, the overall price performance for the year is -94.58%.
The consensus price target of analysts on Wall Street is $44, which implies an increase of 99.73% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $68 respectively. As a result, CUTR is trading at a discount of -56566.67% off the target high and -733.33% off the low.
Cutera Inc (CUTR) estimates and forecasts
In the rating firms’ projections, revenue will decrease -33.46% 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 35.65M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 33.05M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 49.54M and 38.79M respectively. In this case, analysts expect current quarter sales to shrink by -28.04% and then drop by -14.80% 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 -29.66%.
CUTR Dividends
Cutera Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 1.17 million shares, is of PURA VIDA INVESTMENTS, LLC’s that is approximately 5.8026% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.76 million.
Also, the Mutual Funds coming in first place with the largest holdings of Cutera Inc (CUTR) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 594.16 shares. This amounts to just over 2.94 percent of the company’s overall shares, with a $69398.0 market value. The same data shows that the other fund manager holds slightly less at 255.22, or about 1.26% of the stock, which is worth about $29810.0.
