While Cricut Inc has overperformed by 0.32%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CRCT rose by 22.97%, with highs and lows ranging from $6.93 to $3.53, whereas the simple moving average jumped by 18.23% in the last 200 days.
On April 14, 2025, Citigroup Downgraded Cricut Inc (NASDAQ: CRCT) to Neutral. A report published by Goldman on December 13, 2023, Initiated its previous ‘Neutral’ rating for CRCT. Citigroup also rated CRCT shares as ‘Neutral’, setting a target price of $10.50 on the company’s shares in an initiating report dated August 28, 2023. Robert W. Baird March 09, 2022d the rating to Neutral on March 09, 2022, and set its price target from $38 to $13. Barclays October 01, 2021d its ‘Equal Weight’ rating to ‘Underweight’ for CRCT, as published in its report on October 01, 2021. Barclays’s report from August 17, 2021 suggests a price prediction of $28 for CRCT shares, giving the stock a ‘Equal Weight’ rating. Morgan Stanley also rated the stock as ‘Underweight’.
Analysis of Cricut Inc (CRCT)
The current dividend for CRCT investors is set at $0.19 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 2.48%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Cricut Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 18.96% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.21, 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.
As an indicator of volatility for any stock, average volume can also be very valuable, and CRCT is recording an average volume of 720.54K. On a monthly basis, the volatility of the stock is set at 3.71%, whereas on a weekly basis, it is put at 3.77%, with a loss of -8.05% over the past seven days. Furthermore, long-term investors anticipate a median target price of $4.25, showing decline from the present price of $6.28, which can serve as yet another indication of whether CRCT is worth investing in or should be passed over.
How Do You Analyze Cricut Inc Shares?
Cricut Inc (CRCT) is based in the USA and is one of the most prominent companies operating in the Computer Hardware market. When comparing Cricut Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 18.76, there is a growth in quarterly earnings of 25.63%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. 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 78.60%. 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 10.87% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
