Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Cutera Inc (NASDAQ: CUTR) closed the day trading at $0.10 down -15.75% from the previous closing price of $0.12. In other words, the price has decreased by -$15.75 from its previous closing price. On the day, 16.67 million shares were traded.
Ratios:
For a better understanding of CUTR, let’s look at 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01.
Stock Price History:
Over the past 52 weeks, CUTR has reached a high of $3.00, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -75.78%, while the 200-Day Moving Average is calculated to be -88.36%.
Shares Statistics:
A total of 20.18M shares are outstanding, with a floating share count of 19.77M. Insiders hold about 2.04% of the company’s shares, while institutions hold 29.23% stake in the company.
Earnings Estimates
Investors are keenly observing as 2.0 analysts analyze and rate the current performance of Cutera Inc (CUTR) in the stock market.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
2 analysts predict $35.65M in revenue for the current quarter. It ranges from a high estimate of $35.9M to a low estimate of $35.4M. As of the current estimate, Cutera Inc’s year-ago sales were $49.54MFor the next quarter, 2 analysts are estimating revenue of $33.05M. There is a high estimate of $34.4M for the next quarter, whereas the lowest estimate is $31.7M.
A total of 2 analysts have provided revenue estimates for CUTR’s current fiscal year. The highest revenue estimate was $141.6M, while the lowest revenue estimate was $141M, resulting in an average revenue estimate of $141.3M. In the same quarter a year ago, actual revenue was $212.37MBased on 2 analysts’ estimates, the company’s revenue will be $144.25M in the next fiscal year. The high estimate is $146.4M and the low estimate is $142.1M.
