NASDAQ:RCEL

AVITA Medical (RCEL) Stock Price, News & Analysis

$8.98
+0.43 (+5.03%)
(As of 04/23/2024 ET)
Today's Range
$8.56
$9.21
50-Day Range
$8.55
$18.31
52-Week Range
$8.46
$21.70
Volume
201,977 shs
Average Volume
212,445 shs
Market Capitalization
$230.88 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$27.80

AVITA Medical MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
209.6% Upside
$27.80 Price Target
Short Interest
Bearish
3.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of AVITA Medical in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.12) to ($0.19) 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.

0.95 out of 5 stars

Medical Sector

791st out of 909 stocks

Surgical & Medical Instruments Industry

80th out of 94 stocks

RCEL stock logo

About AVITA Medical Stock (NASDAQ:RCEL)

AVITA Medical, Inc., together with its subsidiaries, operates as a regenerative medicine company in the United States and internationally. The company's lead product is the RECELL System, a cell harvesting device used for the treatment of thermal burn wounds, full-thickness skin defects, and repigmentation of stable depigmented vitiligo lesions. It develops RECELL GO to control the manual process of disaggregation, filtration, and soak time. The company was formerly known as AVITA Therapeutics, Inc. AVITA Medical, Inc. was incorporated in 2020 and is headquartered in Valencia, California.

RCEL Stock Price History

RCEL Stock News Headlines

AVITA Medical Inc RCEL
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
BTIG Research Downgrades AVITA Medical (NASDAQ:RCEL) to Neutral
Avita Medical Ltd (RCEL)
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
RCEL Apr 2024 22.500 put
RCEL Oct 2024 17.500 put
BRIEF-Seatrium Limited Says FY Revenue S$7.3 Bln
AVITA Medical to Host Investor Webinar Briefing
AVITA Medical Q4 2023 Earnings Preview
RCEL Mar 2024 15.000 call
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:RCEL
Fax
N/A
Employees
207
Year Founded
2008

Price Target and Rating

Average Stock Price Target
$27.80
High Stock Price Target
$40.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+209.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-35,380,000.00
Pretax Margin
-70.43%

Debt

Sales & Book Value

Annual Sales
$50.14 million
Book Value
$1.92 per share

Miscellaneous

Free Float
25,180,000
Market Cap
$230.88 million
Optionable
Optionable
Beta
1.33

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Key Executives

  • Mr. James M. Corbett (Age 66)
    CEO, President & Executive Director
    Comp: $1.16M
  • Mr. David O'Toole (Age 65)
    Chief Financial Officer
    Comp: $574.64k
  • Ms. Donna Shiroma (Age 61)
    General Counsel, Chief Compliance Officer & Secretary
    Comp: $688.6k
  • Mr. David Fencil
    Senior Vice President of Global Operations
  • Dr. Katie Bush Ph.D.
    Senior Vice President of Scientific & Medical Affairs
  • Ms. Jessica Ekeberg
    Investor Relations Executive
  • Ms. Debbie Garner
    Senior Vice President of Global Marketing & Strategy
  • Mr. Rob Hall
    Senior Vice President of Human Resources
  • Mr. Terry Bromley
    Senior Vice President of Global Sales
  • Dr. Niraj Doshi J.D.
    P.M.P., Ph.D., Senior Vice President of Product Development & Program Management

RCEL Stock Analysis - Frequently Asked Questions

Should I buy or sell AVITA Medical stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for AVITA Medical in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RCEL shares.
View RCEL analyst ratings
or view top-rated stocks.

What is AVITA Medical's stock price target for 2024?

5 equities research analysts have issued 1-year price targets for AVITA Medical's shares. Their RCEL share price targets range from $21.00 to $40.00. On average, they anticipate the company's stock price to reach $27.80 in the next year. This suggests a possible upside of 209.6% from the stock's current price.
View analysts price targets for RCEL
or view top-rated stocks among Wall Street analysts.

How have RCEL shares performed in 2024?

AVITA Medical's stock was trading at $13.72 on January 1st, 2024. Since then, RCEL shares have decreased by 34.5% and is now trading at $8.98.
View the best growth stocks for 2024 here
.

Are investors shorting AVITA Medical?

AVITA Medical saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 726,200 shares, an increase of 22.9% from the March 15th total of 590,700 shares. Based on an average daily trading volume, of 165,600 shares, the days-to-cover ratio is presently 4.4 days. Approximately 3.1% of the shares of the company are short sold.
View AVITA Medical's Short Interest
.

When is AVITA Medical's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our RCEL earnings forecast
.

How can I listen to AVITA Medical's earnings call?

AVITA Medical will be holding an earnings conference call on Monday, May 13th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were AVITA Medical's earnings last quarter?

AVITA Medical, Inc. (NASDAQ:RCEL) announced its quarterly earnings data on Thursday, February, 22nd. The company reported ($0.28) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.06. The business earned $14.20 million during the quarter, compared to the consensus estimate of $14.10 million. AVITA Medical had a negative net margin of 70.56% and a negative trailing twelve-month return on equity of 54.80%.

What guidance has AVITA Medical issued on next quarter's earnings?

AVITA Medical updated its FY 2024 earnings guidance on Friday, April, 19th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $78.5 million-$78.5 million, compared to the consensus revenue estimate of $80.1 million.

What other stocks do shareholders of AVITA Medical own?

Based on aggregate information from My MarketBeat watchlists, some companies that other AVITA Medical investors own include NVIDIA (NVDA), Block (SQ), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), PayPal (PYPL), Twilio (TWLO), AbbVie (ABBV), Inovio Pharmaceuticals (INO) and Livongo Health (LVGO).

How do I buy shares of AVITA Medical?

Shares of RCEL 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:RCEL) was last updated on 4/23/2024 by MarketBeat.com Staff

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