Cutera Inc (NASDAQ:CUTR) has a beta value of 1.32 and has seen 4.11 million shares traded in the recent trading session. The CUTR stock price is -2900.0% off its 52-week high price of $3.00 and 10.0% above the 52-week low of $0.09.
The consensus among analysts is that Cutera Inc (CUTR) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.98.
Cutera Inc (NASDAQ:CUTR) trade information
Sporting 1.63% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the CUTR stock price touched $0.10 or saw a rise of 69.11%. Year-to-date, Cutera Inc shares have moved -71.66%, while the 5-day performance has seen it change -68.97%. Over the past 30 days, the shares of Cutera Inc (NASDAQ:CUTR) have changed -78.69%.
Wall Street analysts have a consensus price target for the stock at $44, which means that the shares’ value could jump 99.77% from the levels at last check today. The projected low price target is $1.0 while the price target rests at a high of $68.0. In that case, then, we find that the latest price level in today’s session is -67900.0% off the targeted high while a plunge would see the stock gain -900.0% from the levels at last check today.
Cutera Inc (CUTR) estimates and forecasts
The company’s shares have lost -86.41% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -33.46%.
2 analysts offering their estimates for the company have set an average revenue estimate of 35.65M for the current quarter. 2 have an estimated revenue figure of 33.05M for the next ending quarter. Year-ago sales stood 49.54M and 38.79M respectively for this quarter and the next, and analysts expect sales will shrink by -28.04% for the current quarter and -33.46% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -29.66% over the past 5 years. Earnings growth for 2025 is a modest -1.05% while over the next 5 years, the company’s earnings are expected to increase by 27.03%.
CUTR Dividends
Cutera Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Cutera Inc (NASDAQ:CUTR)’s Major holders
The top two institutional holders are RTW INVESTMENTS, LP with over 1.33 million shares worth more than $2.01 million. As of 2024-06-30, RTW INVESTMENTS, LP held 6.6287% of shares outstanding.
The other major institutional holder is PURA VIDA INVESTMENTS, LLC, with the holding of over 1.17 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.76 million and represent 5.8026% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Dec 31, 2024, the former fund manager holds about 1.34% shares in the company for having 269.81 shares of worth $27062.0 while later fund manager owns 255.22 shares of worth $25598.0 as of Dec 31, 2024, which makes it owner of about 1.26% of company’s outstanding stock.
