Quite a few analysts from Wall Street have forecasted that the stocks of CUTR would be announcing an EPS of $0.03 for this present quarter. According to a report, two of the investment analysts have already produced estimates into the earnings of the company- with the estimates going all the way from $0.11 to $0.05. The company did post an EPS of $0.14 the previous year- which indicates a negative annual growth rate of about 121.4%. CUTR will be scheduling its next quarterly reports on the 24th of February.
The Quarterly Estimates of CUTR
According to Zacks Investment Research, several analysts believe that CUTR will be posting an EPS of $0.70 for the present year. On the other hand, they believe that the company will also post an EPS of $0.08 the next fiscal year. The estimates of EPS would range all the way from $0.57 to $0.19.
CUTR did announce its quarterly data on the 4th of November. The EPS reported by the company for the quarter was $0.13, which was less than the consensus estimate of around $0.42. The company also had a -61.21% return on its equity, along with a -18.83% net margin. The revenue earned by the company over the year was $39.13 million.
There have been quite a few companies that have commented on the stocks of CUTR. Zacks Investment Research has already reduced the rating of the company from hold to sell in a 25th January research report. Piper Sandler has, on the other hand, increased the price target of the company from a sum of $22 to $28- along with a rating of overweight. One of the investment analysts did give the company a rating of sell, while another analyst provided the company with a rating of hold. Three of the analysts gave the company a rating of buy. Currently, CUTR has a hold rating, with a $25.25 price target.
