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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:CRCT

Cricut (CRCT) Stock Price, News & Analysis

$4.76
+0.11 (+2.37%)
(As of 03/28/2024 ET)
Today's Range
$4.66
$4.80
50-Day Range
$4.59
$5.71
52-Week Range
$4.43
$17.89
Volume
613,162 shs
Average Volume
930,482 shs
Market Capitalization
$1.03 billion
P/E Ratio
19.83
Dividend Yield
N/A
Price Target
$5.09

Cricut MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
6.9% Upside
$5.09 Price Target
Short Interest
Healthy
9.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Cricut in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$23.52 M Sold Last Quarter
Proj. Earnings Growth
44.00%
From $0.25 to $0.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.23 out of 5 stars

Business Services Sector

256th out of 310 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

10th out of 13 stocks

CRCT stock logo

About Cricut Stock (NASDAQ:CRCT)

Cricut, Inc. engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines include Cricut Joy family for personalization, organization, and customization; Cricut Explore family for cutting, writing, and scoring; Cricut Maker family for cutting, writing, scoring, and adding decorative effects to various materials, such as paper, vinyl, iron-on vinyl, pens, and others; and Cricut Venture for cutting, writing, and scoring large-format projects at professional speeds. The company also provides Cricut Access and Cricut Access Premium subscription offerings, and in-app purchases; and a software that integrates its connected machines and design apps comprising Cricut Joy App, Design Space, and other design apps. In addition, it offers a range of accessories and materials, such as Cricut EasyPress, Cricut Mug Press, hand tools, machine replacement tools and blades, and project materials. The company offers its products through its third-party brick-and-mortar and online retail partners; and its website cricut.com, as well as through a network of distributors. It operates in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, and Western Europe, as well as the Middle East, Latin America, South Africa, and Asia. The company was formerly known as Provo Craft & Novelty, Inc. and changed its name to Cricut, Inc. in March 2018. The company was incorporated in 1969 and is headquartered in South Jordan, Utah.

CRCT Stock Price History

CRCT Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Recap: Cricut Q4 Earnings
Assessing Cricut: Insights From 4 Financial Analysts
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Earnings Outlook For Cricut
Cricut to Present at Upcoming Investor Conferences
CRCT Mar 2024 12.500 call
CRCT Mar 2024 5.000 put
Cricut Inc.
Cricut: Nothing Has Changed Over The Past Few Quarters
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:CRCT
Fax
N/A
Employees
690
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.09
High Stock Price Target
$6.00
Low Stock Price Target
$4.00
Potential Upside/Downside
+7.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
4 Analysts

Profitability

Net Income
$53.64 million
Pretax Margin
10.43%

Debt

Sales & Book Value

Annual Sales
$765.15 million
Cash Flow
$0.40 per share
Book Value
$2.45 per share

Miscellaneous

Free Float
176,776,000
Market Cap
$1.03 billion
Optionable
Optionable
Beta
0.11
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Key Executives


CRCT Stock Analysis - Frequently Asked Questions

Should I buy or sell Cricut stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cricut in the last twelve months. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" CRCT shares.
View CRCT analyst ratings
or view top-rated stocks.

What is Cricut's stock price target for 2024?

4 Wall Street analysts have issued 1 year target prices for Cricut's stock. Their CRCT share price targets range from $4.00 to $6.00. On average, they anticipate the company's share price to reach $5.09 in the next twelve months. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for CRCT
or view top-rated stocks among Wall Street analysts.

How have CRCT shares performed in 2024?

Cricut's stock was trading at $6.59 at the beginning of 2024. Since then, CRCT stock has decreased by 27.8% and is now trading at $4.76.
View the best growth stocks for 2024 here
.

Are investors shorting Cricut?

Cricut saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 4,190,000 shares, a decrease of 27.1% from the February 29th total of 5,750,000 shares. Based on an average daily trading volume, of 903,200 shares, the short-interest ratio is presently 4.6 days. Currently, 9.9% of the shares of the stock are short sold.
View Cricut's Short Interest
.

When is Cricut's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our CRCT earnings forecast
.

How were Cricut's earnings last quarter?

Cricut, Inc. (NASDAQ:CRCT) released its earnings results on Tuesday, March, 5th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.02. The company earned $231.25 million during the quarter, compared to analysts' expectations of $252.67 million. Cricut had a net margin of 7.01% and a trailing twelve-month return on equity of 9.59%. The company's quarterly revenue was down 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.05 earnings per share.

How often does Cricut pay dividends? What is the dividend yield for Cricut?

Cricut announced a dividend on Friday, June 30th. Investors of record on Monday, July 3rd will be given a dividend of $1.00 per share on Monday, July 17th. The ex-dividend date is Friday, June 30th. This is an increase from the stock's previous dividend of $0.35.
Read our dividend analysis for CRCT
.

When did Cricut IPO?

Cricut (CRCT) raised $321 million in an initial public offering on Thursday, March 25th 2021. The company issued 15,300,000 shares at a price of $20.00-$22.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, Barclays and Baird acted as the underwriters for the IPO.

Who are Cricut's major shareholders?

Cricut's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Abdiel Capital Advisors LP (4.28%), Vanguard Group Inc. (1.51%), Vanguard Group Inc. (1.51%), Northern Trust Corp (0.20%), Cubist Systematic Strategies LLC (0.06%) and Strs Ohio (0.04%). Insiders that own company stock include Abdiel Capital Management, Llc, Arora Ashish, Donald B Olsen, Gregory Rowberry, James A Squires, Jason Makler, Len Blackwell, Martin F Petersen and Ryan Harmer.
View institutional ownership trends
.

How do I buy shares of Cricut?

Shares of CRCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CRCT) was last updated on 3/28/2024 by MarketBeat.com Staff

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