In last trading session, Sight Sciences Inc (NASDAQ:SGHT) saw 0.31 million shares changing hands with its beta currently measuring 2.42. Company’s recent per share price level of $2.30 trading at $0.07 or 3.14% at ring of the bell on the day assigns it a market valuation of $118.06M. That closing price of SGHT’s stock is at a discount of -267.39% from its 52-week high price of $8.45 and is indicating a premium of 11.3% from its 52-week low price of $2.04. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.18 million shares which gives us an average trading volume of 261.23K if we extend that period to 3-months.
For Sight Sciences Inc (SGHT), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.50. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.23 in the current quarter.
Sight Sciences Inc (NASDAQ:SGHT) trade information
Upright in the green during last session for gaining 3.14%, in the last five days SGHT remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $2.30 price level, adding 9.45% to its value on the day. Sight Sciences Inc’s shares saw a change of -36.81% in year-to-date performance and have moved -9.80% in past 5-day. Sight Sciences Inc (NASDAQ:SGHT) showed a performance of -7.63% in past 30-days. Number of shares sold short was 1.91 million shares which calculate 5.35 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4.5 to the stock, which implies a rise of 48.89% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -73.91% in reaching the projected high whereas dropping to the targeted low would mean a loss of -73.91% for stock’s current value.
Sight Sciences Inc (SGHT) estimates and forecasts
This year revenue growth is estimated to fall -9.95% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 16.51M for the same. And 7 analysts are in estimates of company making revenue of 18.49M in the next quarter. Company posted 19.27M and 21.37M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -13.18% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -6.31% while estimates for its earnings growth in next 5 years are of 10.79%.
Sight Sciences Inc (NASDAQ:SGHT)’s Major holders
Insiders are in possession of 20.57% of company’s total shares while institution are holding 54.71 percent of that, with stock having share float percentage of 68.89%. Investors also watch the number of corporate investors in a company very closely, which is 54.71% institutions for Sight Sciences Inc that are currently holding shares of the company. BANK OF AMERICA CORP /DE/ is the top institutional holder at SGHT for having 3.15 million shares of worth $21.0 million. And as of 2024-06-30, it was holding 6.361 of the company’s outstanding shares.
The second largest institutional holder is UBS GROUP AG, which was holding about 2.86 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.771 of outstanding shares, having a total worth of $19.05 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 870.86 shares of worth $2.0 million or 1.70% of the total outstanding shares. The later fund manager was in possession of 859.24 shares on Feb 28, 2025 , making its stake of worth around $1.98 million in the company or a holder of 1.67% of company’s stock.
