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In the latest session, Allurion Technologies Inc (NYSE: ALUR) closed at $7.24 down -7.42% from its previous closing price of $7.82. In other words, the price has decreased by -$7.42 from its previous closing price. On the day, 74770.0 shares were traded. ALUR stock price reached its highest trading level at $8.1799 during the session, while it also had its lowest trading level at $7.06.
Ratios:
For a deeper understanding of Allurion Technologies Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.09 and its Current Ratio is at 2.33.
On October 02, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $2.
On September 06, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $2.ROTH MKM initiated its Buy rating on September 06, 2024, with a $2 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALUR now has a Market Capitalization of 19629522 and an Enterprise Value of 515405312. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. Its current Enterprise Value per Revenue stands at 14.83 whereas that against EBITDA is -8.88.
Stock Price History:
The Beta on a monthly basis for ALUR is -0.61, which has changed by -0.9140653 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, ALUR has reached a high of $98.75, while it has fallen to a 52-week low of $6.50. The 50-Day Moving Average of the stock is -37.29%, while the 200-Day Moving Average is calculated to be -72.37%.
Shares Statistics:
For the past three months, ALUR has traded an average of 23.76K shares per day and 57450 over the past ten days. A total of 2.71M shares are outstanding, with a floating share count of 2.71M. Insiders hold about 0.00% of the company’s shares, while institutions hold 22.53% stake in the company. Shares short for ALUR as of 1734048000 were 42225 with a Short Ratio of 1.78, compared to 1731628800 on 36385. Therefore, it implies a Short% of Shares Outstanding of 42225 and a Short% of Float of 2.4.
Earnings Estimates
As of right now, 3.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$2.88, with high estimates of -$2.5 and low estimates of -$3.25.
Analysts are recommending an EPS of between -$7.75 and -$16.23 for the fiscal current year, implying an average EPS of -$10.99. EPS for the following year is -$7.53, with 4.0 analysts recommending between -$4.62 and -$12.25.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $5.57M this quarter.It ranges from a high estimate of $6.7M to a low estimate of $3.5M. As of the current estimate, Allurion Technologies Inc’s year-ago sales were $8.23MFor the next quarter, 3 analysts are estimating revenue of $7.3M. There is a high estimate of $10M for the next quarter, whereas the lowest estimate is $5.2M.
A total of 3 analysts have provided revenue estimates for ALUR’s current fiscal year. The highest revenue estimate was $33.2M, while the lowest revenue estimate was $30M, resulting in an average revenue estimate of $32.07M. In the same quarter a year ago, actual revenue was $53.47MBased on 4 analysts’ estimates, the company’s revenue will be $37.27M in the next fiscal year. The high estimate is $51.5M and the low estimate is $29.1M.
