Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Establishment Labs Holdings Inc (NASDAQ: ESTA) closed at $33.15 down -1.66% from its previous closing price of $33.71. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 1.99 million shares were traded. ESTA stock price reached its highest trading level at $36.42 during the session, while it also had its lowest trading level at $31.14.
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 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:
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 953513408 and an Enterprise Value of 1094917632. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.23 while its Price-to-Book (P/B) ratio in mrq is 28.34. Its current Enterprise Value per Revenue stands at 7.153 whereas that against EBITDA is -22.837.
Stock Price History:
The Beta on a monthly basis for ESTA is 1.18, which has changed by -0.026004016 over the last 52 weeks, in comparison to a change of 0.23147523 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 $30.20. The 50-Day Moving Average of the stock is -24.20%, while the 200-Day Moving Average is calculated to be -27.65%.
Shares Statistics:
For the past three months, ESTA has traded an average of 478.71K shares per day and 765870 over the past ten days. A total of 27.96M shares are outstanding, with a floating share count of 23.08M. Insiders hold about 10.56% of the company’s shares, while institutions hold 102.14% stake in the company. Shares short for ESTA as of 1735603200 were 5237994 with a Short Ratio of 10.94, compared to 1732838400 on 4882419. Therefore, it implies a Short% of Shares Outstanding of 5237994 and a Short% of Float of 26.919999999999998.
