$37.11 Million in Sales Expected for AirSculpt Technologies, Inc. (NASDAQ:AIRS) This Quarter

Wall Street analysts predict that AirSculpt Technologies, Inc. (NASDAQ:AIRSGet Rating) will report sales of $37.11 million for the current fiscal quarter, Zacks reports. Four analysts have made estimates for AirSculpt Technologies’ earnings, with the highest sales estimate coming in at $37.86 million and the lowest estimate coming in at $36.66 million. The business is scheduled to announce its next quarterly earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that AirSculpt Technologies will report full year sales of $174.41 million for the current year, with estimates ranging from $174.09 million to $174.74 million. For the next fiscal year, analysts expect that the firm will post sales of $219.80 million, with estimates ranging from $215.64 million to $223.90 million. Zacks’ sales averages are an average based on a survey of research firms that that provide coverage for AirSculpt Technologies.

A number of equities analysts recently weighed in on the stock. SVB Leerink lifted their target price on shares of AirSculpt Technologies from $26.00 to $27.00 and gave the stock an “outperform” rating in a research note on Monday, March 14th. Zacks Investment Research upgraded shares of AirSculpt Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, February 2nd. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $21.00.

Institutional investors have recently bought and sold shares of the stock. Miura Global Management LLC purchased a new position in AirSculpt Technologies in the 4th quarter worth approximately $14,955,000. Millennium Management LLC purchased a new position in AirSculpt Technologies in the 4th quarter worth approximately $7,245,000. Norges Bank purchased a new position in AirSculpt Technologies in the 4th quarter worth approximately $4,415,000. BlackRock Inc. purchased a new position in AirSculpt Technologies in the 4th quarter worth approximately $3,543,000. Finally, Point72 Asset Management L.P. purchased a new position in AirSculpt Technologies in the 4th quarter worth approximately $2,131,000. 64.47% of the stock is currently owned by institutional investors and hedge funds.

Shares of AirSculpt Technologies stock opened at $9.96 on Friday. The company has a 50 day moving average of $12.44. AirSculpt Technologies has a fifty-two week low of $9.70 and a fifty-two week high of $18.48. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.98.

AirSculpt Technologies Company Profile (Get Rating)

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. It offers custom body contouring using its AirSculpt procedure that removes unwanted fat in a minimally invasive procedure.

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Earnings History and Estimates for AirSculpt Technologies (NASDAQ:AIRS)

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