The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Establishment Labs Holdings Inc (NASDAQ: ESTA) closed at $37.78 down -0.03% from its previous closing price of $37.79. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 0.6 million shares were traded. ESTA stock price reached its highest trading level at $38.845 during the session, while it also had its lowest trading level at $37.31.
Ratios:
For a deeper understanding of Establishment Labs Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 3.62. In the meantime, Its Debt-to-Equity ratio is 6.09 whereas as Long-Term Debt/Eq ratio is at 6.06.
On August 31, 2023, JP Morgan started tracking the stock assigning a Overweight rating and target price of $75.
On June 29, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $79.Citigroup initiated its Buy rating on June 29, 2023, with a $79 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 11 ’24 when Chacon Quiros Juan Jose sold 3,641 shares for $45.04 per share. The transaction valued at 163,989 led to the insider holds 210,735 shares of the business.
Chacon Quiros Juan Jose sold 3,866 shares of ESTA for $174,012 on Jul 08 ’24. The Chief Executive Officer now owns 215,030 shares after completing the transaction at $45.01 per share. On Jul 09 ’24, another insider, Chacon Quiros Juan Jose, who serves as the Chief Executive Officer of the company, sold 654 shares for $45.00 each. As a result, the insider received 29,431 and left with 214,376 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, ESTA now has a Market Capitalization of 1086688768 and an Enterprise Value of 1225707136. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.15 while its Price-to-Book (P/B) ratio in mrq is 32.30. Its current Enterprise Value per Revenue stands at 8.007 whereas that against EBITDA is -25.565.
Stock Price History:
The Beta on a monthly basis for ESTA is 1.15, which has changed by 0.56092525 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. Over the past 52 weeks, ESTA has reached a high of $60.12, while it has fallen to a 52-week low of $21.25. The 50-Day Moving Average of the stock is -12.25%, while the 200-Day Moving Average is calculated to be -17.57%.
Shares Statistics:
For the past three months, ESTA has traded an average of 408.17K shares per day and 642200 over the past ten days. A total of 26.09M shares are outstanding, with a floating share count of 23.03M. Insiders hold about 10.76% of the company’s shares, while institutions hold 102.80% stake in the company. Shares short for ESTA as of 1730332800 were 5122113 with a Short Ratio of 12.55, compared to 1727654400 on 4605299. Therefore, it implies a Short% of Shares Outstanding of 5122113 and a Short% of Float of 27.48.
