Should I buy or sell Cricut stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cricut in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street research 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 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 2.0% 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 24.3% and is now trading at $4.99. 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 31st, there was short interest totaling 3,800,000 shares, a decrease of 9.3% from the March 15th total of 4,190,000 shares. Based on an average trading volume of 897,800 shares, the short-interest ratio is presently 4.2 days. Approximately 9.0% of the company's 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 7th 2024. View our CRCT earnings forecast .

How can I listen to Cricut's earnings call?

Cricut will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were Cricut's earnings last quarter?

Cricut, Inc. (NASDAQ:CRCT) posted its quarterly 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 firm had revenue of $231.25 million for the quarter, compared to the consensus estimate of $252.67 million. Cricut had a net margin of 7.01% and a trailing twelve-month return on equity of 9.59%. Cricut's revenue was down 17.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.05 earnings per share.

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

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

What ETF holds Cricut's stock?

Royce Quant Small-Cap Quality Value ETF holds 30,470 shares of CRCT stock, representing 0.55% of its portfolio.

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

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 .

NASDAQ:CRCT

Cricut (CRCT) Stock Price, News & Analysis

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$5.00

+0.01 (+0.20%)

(As of 09:39 AM ET)

Compare

Today's Range: $4.95
▼
$5.02
50-Day Range: $4.59
▼
$5.38
52-Week Range: $4.43
▼
$17.89

Volume: 9,261 shs
Average Volume: 881,691 shs
Market Capitalization: $1.08 billion

P/E Ratio: 20.83
Dividend Yield: N/A
Price Target: $5.09

Get Cricut alerts:

Cricut MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.50 Rating Score
Upside/Downside: 2.0% Upside
$5.09 Price Target
Short Interest: Healthy
9.00% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.95
Based on 2 Articles This Week
Insider Trading: Selling Shares
$4.83 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.

1.42 out of 5 stars

Business Services Sector

237th out of 309 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

10th out of 13 stocks

0.8

Analyst's Opinion

Consensus Rating
Cricut has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 2 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
Cricut has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
9.00% of the float of Cricut has been sold short.
Short Interest Ratio / Days to Cover
Cricut has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Cricut has recently decreased by 9.31%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Cricut does not currently pay a dividend.
Dividend Growth
Cricut does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CRCT.

3.3

News and Social Media Coverage

News Sentiment
Cricut has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Cricut this week, compared to 1 article on an average week.
Search Interest
3 people have searched for CRCT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Cricut to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cricut insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,830,000.00 in company stock.
Percentage Held by Insiders
18.02% of the stock of Cricut is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 19.60% of the stock of Cricut is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cricut are expected to grow by 44.00% in the coming year, from $0.25 to $0.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cricut is 20.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cricut is 20.79, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 29.55.
Price to Book Value per Share Ratio
Cricut has a P/B Ratio of 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CRCT Stock News Headlines

April 16, 2024 | globenewswire.com

Cricut to Announce First Quarter 2024 Financial Results on May 7, 2024

March 29, 2024 | fool.com

Cricut (NASDAQ: CRCT)

April 18, 2024 | Paradigm Press (Ad)

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March 23, 2024 | finance.yahoo.com

Be Wary Of Cricut (NASDAQ:CRCT) And Its Returns On Capital

March 22, 2024 | seekingalpha.com

Cricut: Expect Poor FY2024 Performance To Drag Down Valuation

March 7, 2024 | investing.com

Cricut reports Q4 revenue decline to $231.2 million

March 7, 2024 | finance.yahoo.com

Cricut Inc (CRCT) Navigates Challenging Market with Profitable FY 2023 Despite Revenue Decline

March 7, 2024 | seekingalpha.com

Cricut, Inc. (CRCT) Q4 2023 Earnings Call Transcript

April 18, 2024 | Paradigm Press (Ad)

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March 7, 2024 | benzinga.com

Recap: Cricut Q4 Earnings

March 7, 2024 | markets.businessinsider.com

Assessing Cricut: Insights From 4 Financial Analysts

March 7, 2024 | finance.yahoo.com

Cricut, Inc. (NASDAQ:CRCT) Q4 2023 Earnings Call Transcript

March 6, 2024 | msn.com

Cricut GAAP EPS of $0.05, revenue of $231.2M misses by $21.47M

March 6, 2024 | markets.businessinsider.com

Cricut Inc.: Persistent Underweight Rating Amid Declining Performance and Uncertain Turnaround

March 5, 2024 | investorplace.com

CRCT Stock Earnings: Cricut Meets EPS, Misses Revenue for Q4 2023

March 5, 2024 | seekingalpha.com

Cricut, Inc. 2023 Q4 - Results - Earnings Call Presentation

March 5, 2024 | globenewswire.com

Cricut, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

March 4, 2024 | benzinga.com

Earnings Outlook For Cricut

March 4, 2024 | businesswire.com

Cricut Finds 71% of Women Draw Inspiration and Feel Empowered by Other Women

February 27, 2024 | theglobeandmail.com

3 Reasons to Buy This Creative Stock Despite Hitting a 38th 52-Week Low

February 26, 2024 | globenewswire.com

Cricut to Present at Upcoming Investor Conferences

February 25, 2024 | finance.yahoo.com

Cricut, Inc.'s (NASDAQ:CRCT) latest 9.5% decline adds to one-year losses, institutional investors may consider drastic measures

February 22, 2024 | benzinga.com

Cricut Stock (NASDAQ:CRCT) Dividends: History, Yield and Dates

February 17, 2024 | finance.yahoo.com

CRCT Mar 2024 12.500 call

February 17, 2024 | finance.yahoo.com

CRCT Mar 2024 5.000 put

February 13, 2024 | finance.yahoo.com

Cricut to Announce Fourth Quarter 2023 Financial Results on March 5, 2024

December 14, 2023 | markets.businessinsider.com

Evaluating Cricut Inc’s Prospects: Balancing Market Expansion Potential with Economic Headwinds

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/07/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Special industry machinery, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NASDAQ:CRCT
CUSIP: N/A
CIK: 1828962
Web: www.cricut.com
Phone: 385-351-0633
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: +2.0%
Consensus Rating: Reduce
Rating Score (0-4): 1.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.24
Trailing P/E Ratio: 20.79
Forward P/E Ratio: 19.96
P/E Growth: N/A
Net Income: $53.64 million
Net Margins: 7.01%
Pretax Margin: 10.43%
Return on Equity: 9.59%
Return on Assets: 6.68%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.16
Quick Ratio: 1.91

Sales & Book Value

Annual Sales: $765.15 million
Price / Sales: 1.41
Cash Flow: $0.38 per share
Price / Cash Flow: 13.02
Book Value: $2.45 per share
Price / Book: 2.04

Miscellaneous

Outstanding Shares: 216,797,000
Free Float: 177,730,000
Market Cap: $1.08 billion
Optionable: Optionable
Beta: 0.11

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Key Executives

Mr. Ashish Arora (Age 56)
CEO, President & Director
Comp: $810.81k
Mr. Kimball Shill (Age 60)
Chief Financial Officer
Comp: $325.28k
Mr. Donald B. Olsen (Age 49)
Executive VP, General Counsel & Secretary
Comp: $272.01k
Mr. Ryan Harmer
VP of Accounting & Corporate Controller
Ms. Kim Kanarowski
Executive Vice President of Marketing
Ms. Courtney Hill
Senior Vice President of Human Resources
Mr. Ariel Fischer
Executive Vice President of Direct-to-Consumer & Consumable
Mr. Glenn Rogers
Executive Vice President of International Sales
Mr. Vivekanand Jayaraman
Executive Vice President of Platform Development
Mr. Frank Iarusci
Executive Vice President of Sales & Channel Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CRCT Stock Analysis - Frequently Asked Questions

Should I buy or sell Cricut stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cricut in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street research 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 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 2.0% 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 24.3% and is now trading at $4.99.
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 31st, there was short interest totaling 3,800,000 shares, a decrease of 9.3% from the March 15th total of 4,190,000 shares. Based on an average trading volume of 897,800 shares, the short-interest ratio is presently 4.2 days. Approximately 9.0% of the company's 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 7th 2024.
View our CRCT earnings forecast.
How can I listen to Cricut's earnings call?: Cricut will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Cricut's earnings last quarter?: Cricut, Inc. (NASDAQ:CRCT) posted its quarterly 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 firm had revenue of $231.25 million for the quarter, compared to the consensus estimate of $252.67 million. Cricut had a net margin of 7.01% and a trailing twelve-month return on equity of 9.59%. Cricut's revenue was down 17.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.05 earnings per share.
How often does Cricut pay dividends? What is the dividend yield for Cricut?: Cricut declared a dividend on Friday, June 30th. Stockholders of record on Monday, July 3rd will be paid a dividend of $1.00 per share on Monday, July 17th. The ex-dividend date of this dividend is Friday, June 30th. This is a boost from the stock's previous dividend of $0.35.
Read our dividend analysis for CRCT.
What ETF holds Cricut's stock?: Royce Quant Small-Cap Quality Value ETF holds 30,470 shares of CRCT stock, representing 0.55% of its portfolio.
When did Cricut IPO?: Cricut (CRCT) raised $321 million in an initial public offering (IPO) on Thursday, March 25th 2021. The company issued 15,300,000 shares at $20.00-$22.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, Barclays and Baird served as the underwriters for the IPO.
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 4/18/2024 by MarketBeat.com Staff

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Cricut (CRCT) Stock Price, News & Analysis

Cricut MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Cricut Stock (NASDAQ:CRCT)

CRCT Stock Price History

CRCT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CRCT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™