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Cricut Inc (CRCT)
NASDAQ:CRCT
Cricut Inc (CRCT) Stock Price & Analysis
169 Followers
CRCT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.43 - $16.51
Previous Close$8.14
Volume1.32M
Average Volume (3M)986.68K
Market Cap
$1.68B
Enterprise Value$1.53B
Total Cash (Recent Filing)$245.14M
Total Debt (Recent Filing)$14.17M
Price to Earnings (P/E)27.8
Beta0.75
Next Earnings
Aug 06, 2024EPS Estimate
$0.05Last Dividend Ex-Date
Jun 30, 2023Dividend YieldN/A
Share Statistics
EPS (TTM)0.29
Shares Outstanding216,796,874
10 Day Avg. Volume1,386,403
30 Day Avg. Volume986,683
Standard Deviation0.18
R-Squared0.00012
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)2.24
Price to Sales (P/S)0.54
Price to Cash Flow (P/CF)3.30
P/FCF Ratio3.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.26
Enterprise Value/Gross Profit2.08
Enterprise Value/Ebitda14.16
Forecast
1Y Price Target
$5.01Price Target Upside-35.48% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering4
Cricut Inc News
PremiumCompany Announcements
Cricut Inc Encourages Monitoring Diverse Information Channels
PremiumCompany Announcements
Cricut Inc Emphasizes Diverse Disclosure Channels for Updates
Bulls Say, Bears Say
Bulls Say
Company GrowthCricut showcases platform strength with a robust paid subscriber base of 2.8 million and a significant increase in subscription revenues.
Financial PerformanceAnticipation of gross margin expansion due to a strategic mix shift away from Connected Machines, aiming to protect operating margins.
Risk ManagementDiversified revenue sources ensure the company is less vulnerable to the financial difficulties of any single retailer.
Bears Say
Company StrategyManagement's plans to increase promotions and marketing spending to drive new user growth and improve engagement are perceived as uncertain and may take time to show results.
DemandMost key demand-related metrics deteriorated in the 4th quarter, including accelerated declines in net new user year-over-year, a 5% year-over-year decline in international revenue, and a 7 point drop in user engagement.
Earnings ReportRevenue misses in all three segments and a 1% miss on Adjusted EBITDA were reported, leading to lower estimates across the board post-earnings.
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Ownership Overview
14.27% Insiders
9.84% Mutual Funds
12.55% Other Institutional Investors
63.35% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CRCT FAQ
What was Cricut Inc’s price range in the past 12 months?
Cricut Inc lowest stock price was $4.43 and its highest was $16.51 in the past 12 months.
What is Cricut Inc’s market cap?
Currently, no data Available
When is Cricut Inc’s upcoming earnings report date?
Cricut Inc’s upcoming earnings report date is Aug 06, 2024 which is in 88 days.
How were Cricut Inc’s earnings last quarter?
Cricut Inc released its earnings results on May 07, 2024. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.056 by $0.034.
Is Cricut Inc overvalued?
According to Wall Street analysts Cricut Inc’s price is currently Overvalued.
Does Cricut Inc pay dividends?
Cricut Inc pays a Notavailable dividend of $1 which represents an annual dividend yield of N/A. See more information on Cricut Inc dividends here
What is Cricut Inc’s EPS estimate?
Cricut Inc’s EPS estimate is $0.05.
How many shares outstanding does Cricut Inc have?
Cricut Inc has 50,536,910 shares outstanding.
What happened to Cricut Inc’s price movement after its last earnings report?
Cricut Inc reported an EPS of $0.09 in its last earnings report, beating expectations of $0.056. Following the earnings report the stock price went up 47.197%.
Which hedge fund is a major shareholder of Cricut Inc?
Among the largest hedge funds holding Cricut Inc’s share is Abdiel Capital Advisors, LP. It holds Cricut Inc’s shares valued at 62M.
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Cricut Inc Stock Smart Score
Underperform
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10
Analyst Consensus
Moderate Sell
Average Price Target:
$5.01 (-35.48% Downside)
$5.01 (-35.48% Downside)
Blogger Sentiment
Neutral
CRCT Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 5.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $28.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.5%
Last 30 Days ▲ 2.2%
Last 30 Days ▲ 2.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.28%
12-Months-Change
Fundamentals
Return on Equity
10.30%
Trailing 12-Months
Asset Growth
-14.50%
Trailing 12-Months
Company Description
Cricut Inc
Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs, and T-shirts to large-scale interior decorations. It derives revenues from three segments including Connected machines, Subscriptions, and Accessories and materials. It derives maximum revenue from the Accessories and Materials segment through the sales of Cricut EasyPress, hand tools, machine replacement tools and blades, project materials such as vinyl and iron-on, and sales of a la carte digital content purchases, including fonts, images, and projects.
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CRCT Company Deck
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CRCT Earnings Call
Q1 2024
0:00 / 0:00
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CRCT Stock 12 Month Forecast
Average Price Target
$5.01
▼(-35.48% Downside)
Technical Analysis
Best Analysts Covering CRCT
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+8.64%
reiterated a sell rating 2 months ago
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