Cricut Inc (NASDAQ:CRCT) price on Friday, May 02, rose 3.06% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $5.05.
A look at the stock’s price movement, the close in the last trading session was $4.90, moving within a range at $4.9 and $5.09. The beta value (5-Year monthly) was -0.074 while the PE ratio in trailing twelve months stood at 17.40. Turning to its 52-week performance, $7.79 and $3.94 were the 52-week high and 52-week low respectively. Overall, CRCT moved -5.25% over the past month.
Cricut Inc’s market cap currently stands at around $1.07 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-03. The company has a Forward Dividend ratio of 0.20, with its dividend yield at 3.96%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 154.67M for the company’s revenue for the quarter, with a low and high estimate of 150.5M and 158.84M respectively. The average forecast suggests down to a -7.60% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 682.43M, representing a -4.22% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CRCT is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend CRCT as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Sell which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CRCT’s current price about 7.76% and -1.18% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.78, while 7-day volatility ratio is 4.71% and 6.52% in the 30-day chart. Further, Cricut Inc (CRCT) has a beta value of 0.01, and an average true range (ATR) of 0.26. Analysts have given the company’s stock an average 52-week price target of $5.75, forecast between a low of $5.75 and high of $5.75. Looking at the price targets, the low is -13.86% off current price level while to achieve the yearly target high, price needs to move -13.86%. Nonetheless, investors will most likely welcome a -13.86% jump to $5.75 which is the analysts’ median price.
If we refocus on Cricut Inc (NASDAQ:CRCT), historical trading data shows that trading volumes averaged 0.44 over the past 10 days and 389.30K over the past 3 months. The company’s latest data on shares outstanding shows there are 52.41 million shares.
The 79.87% of Cricut Inc’s shares are in the hands of company insiders while institutional holders own 10.60% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.27 million on 2025-04-15, giving us a short ratio of 11.06. The data shows that as of 2025-04-15 short interest in Cricut Inc (CRCT) stood at 910.00006 of shares outstanding, with shares short falling to 4.31 million registered in 2025-03-14. Current price change has pushed the stock -11.40% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CRCT stock continues to rise going into the next quarter.
