Cricut Inc Stock Today
| CRCT Stock | USD 5.53 0.01 0.18% |
Performance3 of 100
| Odds Of DistressLess than 9
|
Cricut is selling for under 5.53 as of the 8th of May 2024; that is -0.18 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 5.5. Cricut has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Cricut Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 8th of May 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 25th of March 2021 | Category Technology | Classification Information Technology |
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. The company has 50.59 M outstanding shares of which 4.05 M shares are currently shorted by private and institutional investors with about 6.25 trading days to cover. More on Cricut Inc
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Cricut Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Cricut's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Cricut or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Ashish Arora | ||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Computer Hardware, Technology, Computing (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Cricut report their recommendations after researching Cricut's financial statements, talking to executives and customers, or listening in on Cricut's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Cricut Inc. The Cricut consensus assessment is calculated by taking the average forecast from all of the analysts covering Cricut. | |||||
Cricut's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Cricut's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Cricut's financial leverage. It provides some insight into what part of Cricut's total assets is financed by creditors.
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Cricut Inc (CRCT) is traded on NASDAQ Exchange in USA. It is located in 10855 South River Front Parkway, South Jordan, UT, United States, 84095 and employs 690 people. Cricut is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.2 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 Inc conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 50.59 M outstanding shares of which 4.05 M shares are currently shorted by private and institutional investors with about 6.25 trading days to cover.
Cricut Inc currently holds about 231.32 M in cash with 288.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04.
Check Cricut Probability Of Bankruptcy
Ownership AllocationCricut Inc retains a total of 50.59 Million outstanding shares. 30% of Cricut Inc outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Cricut Ownership Details
Cricut Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Cricut jumping above the current price in 90 days from now is nearly 4.78%. The Cricut Inc probability density function shows the probability of Cricut stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Cricut Inc has a beta of -0.5737 suggesting as returns on the benchmark increase, returns on holding Cricut are expected to decrease at a much lower rate. During a bear market, however, Cricut Inc is likely to outperform the market. Additionally, cricut Inc has an alpha of 0.1189, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Cricut to move above the current price in 90 days from now is nearly 4.78 (This Cricut Inc probability density function shows the probability of Cricut Stock to fall within a particular range of prices over 90 days) .
Cricut Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Cricut that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cricut's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cricut's value.| Instituion | Recorded On | Shares | |
| Squarepoint Ops Llc | 2023-12-31 | 193.3 K | |
| Jane Street Group, Llc | 2023-12-31 | 179.4 K | |
| Commonwealth Equity Services Inc | 2023-12-31 | 175 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 131.7 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 131.4 K | |
| Cubist Systematic Strategies, Llc | 2023-12-31 | 120.8 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 111.2 K | |
| Two Sigma Advisers, Llc | 2023-12-31 | 103.5 K | |
| Rockefeller Capital Management L.p. | 2023-12-31 | 90.1 K | |
| Blackrock Inc | 2023-12-31 | 3.3 M | |
| Vanguard Group Inc | 2023-12-31 | 3.3 M |
Cricut Historical Income Statement
Cricut Inc Income Statement is one of the three primary financial statements used for reporting Cricut's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Cricut Inc revenue and expense. Cricut Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Cricut's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 551.2 M in 2024, whereas Selling And Marketing Expenses is likely to drop slightly above 95.6 M in 2024. View More FundamentalsCricut Stock Against Markets
Picking the right benchmark for Cricut stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Cricut stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Cricut is critical whether you are bullish or bearish towards Cricut Inc at a given time. Please also check how Cricut's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cricut without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Cricut Corporate Management
Elected by the shareholders, the Cricut's board of directors comprises two types of representatives: Cricut inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cricut. The board's role is to monitor Cricut's management team and ensure that shareholders' interests are well served. Cricut's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cricut's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Frank Iarusci | Executive Marketing | Profile | |
| Vivekanand Jayaraman | Executive Development | Profile | |
| Chuck Seiber | Brand Product | Profile | |
| Glenn Rogers | VP International | Profile | |
| Kimball Shill | Chief Officer | Profile | |
| Ryan Harmer | VP Controller | Profile |
How to buy Cricut Stock?
Before investing in Cricut, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Cricut. To buy Cricut stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Cricut. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Cricut stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Cricut Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Cricut Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Cricut Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Cricut Stock please use our How to Invest in Cricut guide.
Already Invested in Cricut Inc?
The danger of trading Cricut Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cricut is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cricut. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cricut Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cricut Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Cricut Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Cricut Inc Stock. Highlighted below are key reports to facilitate an investment decision about Cricut Inc Stock: 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Cricut Stock analysis
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.
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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.
Quarterly Earnings Growth 0.008 | Earnings Share 0.24 | Revenue Per Share 3.528 | Quarterly Revenue Growth (0.18) | Return On Assets 0.0588 |
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.