Establishment Labs (ESTA) Stock Price, News & Analysis

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Establishment Labs in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ESTA shares.
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5 Wall Street analysts have issued 1 year target prices for Establishment Labs' stock. Their ESTA share price targets range from $47.00 to $65.00. On average, they expect the company's stock price to reach $55.00 in the next year. This suggests a possible upside of 16.1% from the stock's current price.
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Establishment Labs' stock was trading at $25.89 on January 1st, 2024. Since then, ESTA stock has increased by 83.0% and is now trading at $47.38.
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Establishment Labs saw a increase in short interest in March. As of March 31st, there was short interest totaling 4,930,000 shares, an increase of 8.1% from the March 15th total of 4,560,000 shares. Based on an average trading volume of 457,400 shares, the days-to-cover ratio is currently 10.8 days. Approximately 21.7% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
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Establishment Labs Holdings Inc. (NASDAQ:ESTA) announced its quarterly earnings results on Wednesday, February, 28th. The company reported ($0.79) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.95) by $0.16. The business had revenue of $31.60 million for the quarter, compared to analyst estimates of $31.44 million. Establishment Labs had a negative net margin of 47.53% and a negative trailing twelve-month return on equity of 357.81%. The company's revenue for the quarter was down 27.9% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.55) earnings per share.

ETFs with the largest weight of Establishment Labs (NASDAQ:ESTA) stock in their portfolio include Simplify Health Care ETF (PINK).First Trust Nasdaq Lux Digital Health Solutions ETF (EKG).

Establishment Labs issued an update on its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $174.0 million-$184.0 million, compared to the consensus revenue estimate of $173.7 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other Establishment Labs investors own include AbbVie (ABBV), Enterprise Products Partners (EPD), Sientra (SIEN), Allergan (AGN), BCE (BCE), Canadian Imperial Bank of Commerce (CM), Canadian Natural Resources (CNQ), Chevron (CVX) and Evolus (EOLS).

Establishment Labs (ESTA) raised $50 million in an initial public offering on Thursday, July 19th 2018. The company issued 3,100,000 shares at $15.00-$17.00 per share. Jefferies and Cowen acted as the underwriters for the IPO and BTIG was co-manager.

Establishment Labs' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Stableford Capital II LLC (0.11%). Insiders that own company stock include Dennis E Condon, Dennis E Condon, Edward J Schutter, Jw Asset Management, Llc, Leslie Gillin, Lisa Gersh, Mezerville Roberto De, Nicholas Sheridan Lewin, Raj Denhoy and Renee Gaeta.
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Shares of ESTA 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.
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