Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $41.70 in the prior trading day, Establishment Labs Holdings Inc (NASDAQ: ESTA) closed at $36.69, down -12.01%. In other words, the price has decreased by -$12.01 from its previous closing price. On the day, 0.84 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ESTA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 3.56. In the meantime, Its Debt-to-Equity ratio is 4.24 whereas as Long-Term Debt/Eq ratio is at 4.21.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 04 ’24 when JW Asset Management, LLC sold 100,000 shares for $45.15 per share. The transaction valued at 4,515,000 led to the insider holds 3,092,485 shares of the business.
Chacon Quiros Juan Jose sold 3,641 shares of ESTA for $163,989 on Jul 11 ’24. The Chief Executive Officer now owns 210,735 shares after completing the transaction at $45.04 per share. On Jul 08 ’24, another insider, Chacon Quiros Juan Jose, who serves as the Chief Executive Officer of the company, sold 3,866 shares for $45.01 each. As a result, the insider received 174,012 and left with 215,030 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.36 while its Price-to-Book (P/B) ratio in mrq is 19.89.
Stock Price History:
Over the past 52 weeks, ESTA has reached a high of $60.12, while it has fallen to a 52-week low of $28.16. The 50-Day Moving Average of the stock is -2.29%, while the 200-Day Moving Average is calculated to be -13.93%.
Shares Statistics:
A total of 28.79M shares are outstanding, with a floating share count of 25.84M. Insiders hold about 10.18% of the company’s shares, while institutions hold 99.66% stake in the company.
