While Cutera Inc has underperformed by -15.22%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CUTR fell by -91.90%, with highs and lows ranging from $24.46 to $1.28, whereas the simple moving average fell by -66.35% in the last 200 days.
On March 22, 2024, William Blair Upgraded Cutera Inc (NASDAQ: CUTR) to Mkt Perform. A report published by Piper Sandler on July 27, 2023, Upgraded its rating to ‘Neutral’ for CUTR. Piper Sandler Initiated an Underweight rating on May 10, 2023, and assigned a price target of $14. Maxim Group March 30, 2023d its ‘Buy’ rating to ‘Hold’ for CUTR, as published in its report on March 30, 2023. Cantor Fitzgerald also rated the stock as ‘Neutral’.
Analysis of Cutera Inc (CUTR)
Further, the quarter-over-quarter decrease in sales is -26.45%, showing a negative trend in the upcoming months.
One of the most important indicators of Cutera Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -17084.48% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.44, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CUTR is recording 1.16M average volume. On a monthly basis, the volatility of the stock is set at 19.00%, whereas on a weekly basis, it is put at 22.07%, with a loss of -11.76% over the past seven days. Furthermore, long-term investors anticipate a median target price of $6.33, showing growth from the present price of $1.95, which can serve as yet another indication of whether CUTR is worth investing in or should be passed over.
How Do You Analyze Cutera Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 5.09%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 86.85% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
CUTR shares are owned by institutional investors to the tune of 86.85% at present.
