Establishment Labs Holdings Inc (NASDAQ: ESTA) Surged 35.39% In 6 Months – Here’s What To Expect Next

NOVA

During the last session, Establishment Labs Holdings Inc (NASDAQ:ESTA)’s traded shares were 0.8 million, with the beta value of the company hitting 0.77. At the end of the trading day, the stock’s price was $41.70, reflecting an intraday loss of -0.90% or -$0.38. The 52-week high for the ESTA share is $60.12, that puts it down -44.17 from that peak though still a striking 32.47% gain since the share price plummeted to a 52-week low of $28.16. The company’s market capitalization is $1.20B, and the average trade volume was 610.88K 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.

Establishment Labs Holdings Inc (NASDAQ:ESTA) trade information

Establishment Labs Holdings Inc (ESTA) registered a -0.90% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.90% in intraday trading to $41.70, hitting a weekly high. The stock’s 5-day price performance is -2.73%, and it has moved by 35.39% in 30 days. Based on these gigs, the overall price performance for the year is -9.39%.

The consensus price target of analysts on Wall Street is $78.5, which implies an increase of 46.88% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $45 and $110 respectively. As a result, ESTA is trading at a discount of -163.79% off the target high and -7.91% off the low.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -10.09%. While earnings are projected to return 31.55% in 2025.

ESTA Dividends

Establishment Labs Holdings 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 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 4.47 percent of the company’s overall shares, with a $53.79 million market value. The same data shows that the other fund manager holds slightly less at 610.32, or about 2.12% of the stock, which is worth about $25.45 million.