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Establishment Labs Holdings Inc. | ESTA

Daily Technical Analysis of Establishment Labs Holdings Inc.

Establishment Labs is down a bit on the day, funds flowing out kept the price down -1.53% since yesterday.

The company isn't at an immediate support or resistance level that might be predictive. Momentum wise Establishment Labs, has been oscillating up and down but hasn't shown much directional energy that would be predictive to the near future. ESTA might find some support at the 35.31 level, buyers might push the price back up from here. But it's not very clear what will happen.


Last analyzed on 2024-03-17

Analyst Ratings for Establishment Labs By Price Target And Rating

The analysts feel fairly neutral on the prospects for Establishment Labs but a little more positive than negative. The current Analysts Sentiment Score is 22.07. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. JPMorgan Chase & Co. provided a price target boost of 15.22% to $53.00 from $46.00 on 2024-02-29. Stephens reiterated a rating of Overweight on 2024-01-11 and they set their price target at $47.00. B. Riley announced a lowering of their price target to $50.00 from $95.00 on 2023-11-09. Mizuho announced a lowering of their price target to $50.00 from $80.00 on 2023-11-08. Citigroup initiated a rating of Buy on 2023-06-29 and provided a price target of $79.00. BTIG Research gave a boost to their price target and moved to $105.00 from $100.00 on 2023-04-17.

Company Ratings Score ?
Composite analyst sentiment score
Positive Ratings Negative Ratings Boost Price Target Lower Price Target
ESTA22.0729.1036.92-21.87

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-12)
Company YOY Growth Score (typical -20 to +20) Revision Directions (-6 to +6)
ESTA0.000.00

Short interest for Establishment Labs

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company Short Score (typical 1-15) ?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
Short Interest Days to Cover Rate of Change Shares Short
ESTA12.03%9.712.418.3482210000

Social Sentiment for Establishment Labs

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker Social Sentiment(1-10)
ESTA

Companies with the highest correlation to Establishment Labs

Company Score 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Score
AXNX | Axonics, Inc. Common Stoc0.970.04-0.240.15-0.6931.9122.476072.3436.5742.37-1107.43-133044.41004.68419
ADPT | Adaptive Biotechnologies 0.94-1.698.7020.27-11.62-18.41-48.4524-67.78-68.18-89.95-60811.010.0001507.83993
PAYC | PAYCOM SOFTWARE, INC.0.83-0.11-0.60-10.03-10.803.36-34.6578-60.65-41.37-45.96-47113.96-1762.45001.70052
TWST | Twist Bioscience Corporat0.82-1.92-5.1544.902.10155.39233.622026.2150.7192.05-7098.72-10006.210023.3961
ATRC | AtriCure, Inc.0.811.360.90-2.62-34.81-37.13-53.7017-34.09-42.56-33.74-20425.59298.99003.79691
BLDP | Ballard Power Systems Inc0.79-7.820.001.43-13.19-18.21-35.6817-65.97-52.96-64.38-67405.780.000011.9722

Top 3 correlating companies

See full charts for all peers

Sentiment Score

How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.

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Score Sum
(1-45)

/

Average
(1-5)

+

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(1-5)

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Total Score
(1-10)

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