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.
After finishing at $5.98 in the prior trading day, Airsculpt Technologies Inc (NASDAQ: AIRS) closed at $4.79, down -19.90%. In other words, the price has decreased by -$19.90 from its previous closing price. On the day, 0.94 million shares were traded. AIRS stock price reached its highest trading level at $5.06 during the session, while it also had its lowest trading level at $3.84.
Ratios:
Our goal is to gain a better understanding of AIRS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 231.05. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.12.
On May 14, 2024, Leerink Partners Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $8.25 to $5.
Piper Sandler Downgraded its Overweight to Neutral on November 11, 2022, while the target price for the stock was maintained at $4.
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 Nov 15 ’24 when Rollins Aaron sold 49,019 shares for $6.54 per share. The transaction valued at 320,815 led to the insider holds 14,986,689 shares of the business.
Rollins Aaron sold 44,756 shares of AIRS for $320,677 on Nov 14 ’24. The Executive Chairman now owns 15,035,708 shares after completing the transaction at $7.17 per share. On Nov 13 ’24, another insider, Rollins Aaron, who serves as the Executive Chairman of the company, sold 15,438 shares for $7.53 each. As a result, the insider received 116,231 and left with 15,080,464 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, AIRS now has a Market Capitalization of 346135936 and an Enterprise Value of 373476128. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 1.978 whereas that against EBITDA is 24.61.
Stock Price History:
The Beta on a monthly basis for AIRS is 1.69, which has changed by -0.24779874 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, AIRS has reached a high of $9.20, while it has fallen to a 52-week low of $2.92. The 50-Day Moving Average of the stock is -24.91%, while the 200-Day Moving Average is calculated to be -6.57%.
Shares Statistics:
The stock has traded on average 222.08K shares per day over the past 3-months and 270190 shares per day over the last 10 days, according to various share statistics. A total of 57.81M shares are outstanding, with a floating share count of 12.27M. Insiders hold about 78.80% of the company’s shares, while institutions hold 22.53% stake in the company. Shares short for AIRS as of 1734048000 were 2283086 with a Short Ratio of 12.13, compared to 1731628800 on 1818544. Therefore, it implies a Short% of Shares Outstanding of 2283086 and a Short% of Float of 16.91.
