Establishment Labs Holdings Inc (NASDAQ: ESTA) kicked off on Friday, down -11.57% from the previous trading day, before settling in for the closing price of $42.51. Over the past 52 weeks, ESTA has traded in a range of $16.96-$69.78.
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Annual sales at Healthcare sector company grew by 24.05% over the past five years. While this was happening, its average annual earnings per share was recorded 41.14%. With a float of $23.03 million, this company’s outstanding shares have now reached $26.09 million.
Let’s look at the performance matrix of the company that is accounted for 908 employees.
Establishment Labs Holdings Inc (ESTA) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Medical Devices Industry. The insider ownership of Establishment Labs Holdings Inc is 10.75%, while institutional ownership is 89.88%. The most recent insider transaction that took place on Jul 11 ’24, was worth 163,989. In this transaction Chief Executive Officer of this company sold 3,641 shares at a rate of $45.04, taking the stock ownership to the 210,735 shares. Before that another transaction happened on Jul 09 ’24, when Company’s Chief Executive Officer sold 654 for $45.00, making the entire transaction worth $29,431. This insider now owns 214,376 shares in total.
Establishment Labs Holdings Inc (ESTA) Latest Financial update
In the latest quarterly report, which was put into the public domain on 3/31/2024, the organization reported -0.65 earnings per share (EPS), higher than consensus estimate (set at -0.72) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 41.14% per share during the next fiscal year.
Establishment Labs Holdings Inc (NASDAQ: ESTA) Trading Performance Indicators
Take a look at Establishment Labs Holdings Inc’s (ESTA) current performance indicators. Last quarter, stock had a quick ratio of 2.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.15, a number that is poised to hit -0.51 in the next quarter and is forecasted to reach -0.79 in one year’s time.
Technical Analysis of Establishment Labs Holdings Inc (ESTA)
Establishment Labs Holdings Inc (NASDAQ: ESTA) saw its 5-day average volume 0.29 million, a negative change from its year-to-date volume of 0.37 million. As of the previous 9 days, the stock’s Stochastic %D was 9.54%. Additionally, its Average True Range was 2.78.
During the past 100 days, Establishment Labs Holdings Inc’s (ESTA) raw stochastic average was set at 2.17%, which indicates a significant decrease from 3.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.89% in the past 14 days, which was higher than the 55.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $46.72, while its 200-day Moving Average is $40.68. Nevertheless, the first resistance level for the watch stands at $40.20 in the near term. At $42.82, the stock is likely to face the second major resistance level. The third major resistance level sits at $44.37. If the price goes on to break the first support level at $36.03, it is likely to go to the next support level at $34.48. The third support level lies at $31.86 if the price breaches the second support level.
Establishment Labs Holdings Inc (NASDAQ: ESTA) Key Stats
The company with the Market Capitalisation of 970.20 million has total of 27,515K Shares Outstanding. Its annual sales at the moment are 165,150 K in contrast with the sum of -78,500 K annual income. Company’s last quarter sales were recorded 37,170 K and last quarter income was -16,200 K.
