Establishment Labs Holdings Inc (NASDAQ:ESTA) currently has a daily average trading volume of 607.40K but it saw 755390 shares traded in last market. With a market cap of 831.98M USD, the company’s current market price of $29.78 came rising about 3.47 while comparing to the previous closing price of $28.78. In past 52 weeks, the stock remained buoying in the range of price level as high as $60.12 and as low as $26.56. In the recent trading on the day, stock has struck highest price mark of $29.17 while lowest mark touched by it was $31.0.
Taking a look at 20-day trading activity of Establishment Labs Holdings Inc (ESTA) gives us an average price of $33.78, while its current price level is -50.47% below from 52-week high level whereas it is 12.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $36.34 while that of 200 days or SMA-200 reads an average of $40.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.90% during that period while stretching the period over a month that increases to 10.51%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.30 which implies that the stock is in neutral territory.
Citigroup downgraded its recommendation for the stock as a “Neutral” from “Buy” on May 22, 2024 while assigning a price target of $60. JP Morgan also issued its recommendations for the stock as it initiated the price target for the stock is $75.
Over the week, ESTA’s stock price is moving -5.36% down while it is -27.75% when we observe its performance for the past one month. Year-to-date it is -35.36% down and over the past year, the stock is showing a downside performance of -37.15%.
The company is expected to be releasing its next quarterly report on 2025-Feb-25, for which analysts forecasted an EPS of -0.83 while estimate for next year EPS is -2.12. In next quarter, company is expected to be making quarterly sales of $51.85M as analysts are expecting the sales for current fiscal year at $206.92M and seeing the company making $261.72M in sales next year. Moreover, analysts are in estimates of $41.11M for current-quarter revenue.
Currently, Establishment Labs Holdings Inc’s total number of outstanding shares is 28.79M with 10.65% of that held by the insiders while 103.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -30.55% and return on equity (ROE) at -236.67%. Stock’s beta reads 0.84. Stock has a price to book (P/B) ratio of 16.15 while price to sale or P/S ratio amounts to 5.01. Its return on asset (ROA) is -27.49% on average.
