Cricut Inc (NASDAQ: CRCT) is -4.56% lower on its value in year-to-date trading and has touched a low of $4.11 and a high of $7.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRCT stock was last observed hovering at around $5.22 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $5.44, the stock is -3.91% and -4.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 4.21% at the moment leaves the stock -8.21% off its SMA200. CRCT registered 19.16% gain for a year compared to 6-month loss of -5.88%.
The stock witnessed a 3.62% gain in the last 1 month and extending the period to 3 months gives it a 4.82%, and is -4.23% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.60% over the week and 4.14% over the month.
Cricut Inc (CRCT) has around 690 employees, a market worth around $1.17B and $734.48M in sales. Current P/E ratio is 18.99 and Fwd P/E is 21.08. Profit margin for the company is 8.47%. Distance from 52-week low is 32.34% and -30.21% from its 52-week high. The company has generated returns on investments over the last 12 months (12.91%).
The EPS is expected to shrink by -24.47% this year
The shares outstanding are 53.34M, and float is at 45.24M with Short Float at 8.94%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 4.47 million shares valued at $26.79 million. The investor’s holdings represent 2.0747 of the CRCT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.28 million shares valued at $19.63 million to account for 1.5203 of the shares outstanding. The other top investors are TENZING GLOBAL MANAGEMENT, LLC which holds 2.05 million shares representing 0.9472 and valued at over $12.28 million, while MORGAN STANLEY holds 0.947 of the shares totaling 2.04 million with a market value of $12.23 million.
Cricut Inc (CRCT) Insider Activity
A total of 0 insider transactions have happened at Cricut Inc (CRCT) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Ashish Arora, the company’s Chief Executive Officer. SEC filings show that Ashish Arora sold 60,000 shares of the company’s common stock on Feb 21 ’25 at a price of $5.94 per share for a total of $0.36 million. Following the sale, the insider now owns 3.45 million shares.
Cricut Inc disclosed in a document filed with the SEC on Feb 25 ’25 that Ashish Arora (Chief Executive Officer) sold a total of 60,000 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $5.61 per share for $0.34 million. Following the transaction, the insider now directly holds 3.33 million shares of the CRCT stock.
Still, SEC filings show that on Feb 24 ’25, Ashish Arora (Chief Executive Officer) disposed off 60,000 shares at an average price of $5.59 for $0.34 million. The insider now directly holds 3,391,635 shares of Cricut Inc (CRCT).
