Cricut Inc Stock Analysis

Cricut Stock Analysis Notes

About 44.0% of the company shares are held by institutions such as insurance companies. The book value of Cricut was currently reported as 2.55. The company last dividend was issued on the 2nd of July 2024. Cricut, Inc. designs and markets a creativity platform that enables users to turn ideas into professional-looking handmade goods. The company was incorporated in 1969 and is headquartered in South Jordan, Utah. Cricut Inc operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 800 people. For more info on Cricut Inc please contact Ashish Arora at 385 351 0633 or go to https://cricut.com.

Cricut Inc Investment Alerts

Cricut Inc Upcoming and Recent Events

Cricut Largest EPS Surprises

View All Earnings Estimates

Cricut Environmental, Social, and Governance (ESG) Scores

Cricut Stock Institutional Investors

Note, although Cricut's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Cricut Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cricut's market, we take the total number of its shares issued and multiply it by Cricut's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Cricut Profitablity

The company has Profit Margin (PM) of 0.09 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.16 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.16.

Management Efficiency

Cricut Inc has return on total asset (ROA) of 0.0757 % which means that it generated a profit of $0.0757 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.103 %, meaning that it created $0.103 on every $100 dollars invested by stockholders. Cricut's management efficiency ratios could be used to measure how well Cricut manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.07 in 2024. Return On Capital Employed is likely to drop to 0.12 in 2024. Total Current Liabilities is likely to gain to about 261.6 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 707.3 M in 2024.

Technical Drivers

As of the 3rd of June, Cricut shows the Downside Deviation of 3.05, mean deviation of 2.85, and Risk Adjusted Performance of 0.0642. Cricut Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Cricut Inc, which can be compared to its peers. Please confirm Cricut Inc information ratio, as well as the relationship between the potential upside and kurtosis to decide if Cricut Inc is priced correctly, providing market reflects its regular price of 6.23 per share. Given that Cricut has jensen alpha of 0.5387, we suggest you to validate Cricut Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Cricut Inc Price Movement Analysis

Cricut Inc Insider Trading Activities

Cricut Predictive Daily Indicators

Cricut Corporate Filings

Cricut Forecast Models

Cricut's time-series forecasting models are one of many Cricut's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cricut's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cricut prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cricut shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cricut. By using and applying Cricut Stock analysis, traders can create a robust methodology for identifying Cricut entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cricut analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Cricut analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Cricut Inc stock analysis indicators help investors evaluate how Cricut stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Cricut shares will generate the highest return on investment. By understating and applying Cricut stock analysis, traders can identify Cricut position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cricut Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Cricut Inc information on this page should be used as a complementary analysis to other Cricut's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

When running Cricut's price analysis, check to measure Cricut's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cricut is operating at the current time. Most of Cricut's value examination focuses on studying past and present price action to predict the probability of Cricut's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cricut's price. Additionally, you may evaluate how the addition of Cricut to your portfolios can decrease your overall portfolio volatility.

Is Cricut's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cricut. If investors know Cricut will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cricut listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Cricut Inc is measured differently than its book value, which is the value of Cricut that is recorded on the company's balance sheet. Investors also form their own opinion of Cricut's value that differs from its market value or its book value, called intrinsic value, which is Cricut's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cricut's market value can be influenced by many factors that don't directly affect Cricut's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cricut's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cricut is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cricut's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.