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As of close of business last night, Cutera Inc’s stock clocked out at $0.48, up 19.16% from its previous closing price of $0.40. In other words, the price has increased by $19.16 from its previous closing price. On the day, 0.55 million shares were traded. CUTR stock price reached its highest trading level at $0.477 during the session, while it also had its lowest trading level at $0.39.
Ratios:
To gain a deeper understanding of CUTR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 2.88.
On July 27, 2023, Piper Sandler Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $14 to $18.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 15 ’24 when Karavitis Michael sold 27,815 shares for $2.67 per share. The transaction valued at 74,266 led to the insider holds 24,940 shares of the business.
Karavitis Michael sold 24,940 shares of CUTR for $64,595 on May 16 ’24. The EVP, Chief Technology Officer now owns 0 shares after completing the transaction at $2.59 per share. On May 14 ’24, another insider, Karavitis Michael, who serves as the EVP, Chief Technology Officer of the company, sold 10,848 shares for $2.45 each. As a result, the insider received 26,578 and left with 52,755 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CUTR now has a Market Capitalization of 9628674 and an Enterprise Value of 384204448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06. Its current Enterprise Value per Revenue stands at 2.475 whereas that against EBITDA is -3.099.
Stock Price History:
The Beta on a monthly basis for CUTR is 1.30, which has changed by -0.82417583 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, CUTR has reached a high of $3.73, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is 20.59%, while the 200-Day Moving Average is calculated to be -58.01%.
Shares Statistics:
It appears that CUTR traded 771.61K shares on average per day over the past three months and 2920480 shares per day over the past ten days. A total of 20.18M shares are outstanding, with a floating share count of 19.75M. Insiders hold about 2.16% of the company’s shares, while institutions hold 33.08% stake in the company. Shares short for CUTR as of 1735603200 were 4257607 with a Short Ratio of 5.52, compared to 1732838400 on 4401154. Therefore, it implies a Short% of Shares Outstanding of 4257607 and a Short% of Float of 21.180001.
Earnings Estimates
Its stock is currently analyzed by 2.0 different market analysts. The consensus estimate for the next quarter is -$0.89, with high estimates of -$0.89 and low estimates of -$0.9.
Analysts are recommending an EPS of between -$4.96 and -$5.13 for the fiscal current year, implying an average EPS of -$5.05. EPS for the following year is -$3.24, with 2.0 analysts recommending between -$3.18 and -$3.3.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $35.38M. It ranges from a high estimate of $35.9M to a low estimate of $34.83M. As of the current estimate, Cutera Inc’s year-ago sales were $49.54MFor the next quarter, 3 analysts are estimating revenue of $34.06M. There is a high estimate of $36.07M for the next quarter, whereas the lowest estimate is $31.7M.
A total of 3 analysts have provided revenue estimates for CUTR’s current fiscal year. The highest revenue estimate was $141.6M, while the lowest revenue estimate was $140.5M, resulting in an average revenue estimate of $141.03M. In the same quarter a year ago, actual revenue was $212.37MBased on 3 analysts’ estimates, the company’s revenue will be $147.69M in the next fiscal year. The high estimate is $154.56M and the low estimate is $142.1M.
