Market Insights: Establishment Labs Holdings Inc (ESTA)’s Notable Drop of -2.94, Closing at 35.03

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As of close of business last night, Establishment Labs Holdings Inc’s stock clocked out at $35.03, down -2.94% from its previous closing price of $36.09. In other words, the price has decreased by -$2.94 from its previous closing price. On the day, 0.77 million shares were traded.

Ratios:

To gain a deeper understanding of ESTA’s stock, we examine its different 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:

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 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 6.58 while its Price-to-Book (P/B) ratio in mrq is 29.95.

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 -8.84%, while the 200-Day Moving Average is calculated to be -19.61%.

Shares Statistics:

A total of 27.96M shares are outstanding, with a floating share count of 25.84M. Insiders hold about 10.18% of the company’s shares, while institutions hold 97.71% stake in the company.

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