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NASDAQ:ELUT

Elutia (ELUT) Stock Price, News & Analysis

$3.48
+0.08 (+2.35%)
(As of 02:33 PM ET)
Today's Range
$3.32
$3.48
50-Day Range
$2.77
$3.42
52-Week Range
$1.10
$4.19
Volume
2,584 shs
Average Volume
20,122 shs
Market Capitalization
$84.47 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Elutia MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
43.7% Upside
$5.00 Price Target
Short Interest
Healthy
0.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.33 out of 5 stars

Medical Sector

465th out of 905 stocks

Biological Products, Except Diagnostic Industry

66th out of 150 stocks

ELUT stock logo

About Elutia Stock (NASDAQ:ELUT)

Elutia Inc., a commercial-stage company, develops and commercializes drug-eluting biologics products for neurostimulation, wound care, and breast reconstruction in the United States. The company operates in three segments: Device Protection; Women's Health; and Cardiovascular. It offers CanGaroo Envelope, which is used to accommodate cardiac implantable electronic devices, such as pacemakers and internal defibrillators. The company also develops CanGarooRM, a combination of the CanGaroo envelope with antibiotics, to reduce the risk of infection after surgical implantation of an electronic device. In addition, it provides ProxiCor for cardiac tissue repair and pericardial closure; Tyke, an extracellular material that is used in the repair of cardiac structures for neonate and infant patients; and VasCure, a patch material to repair or reconstruct the peripheral vasculature. Further, the company offers SimpliDerm, which uses human acellular dermal matrices for tissue repair and reconstruction in various applications, such as sports medicine, hernia repair, trauma reconstruction, and breast reconstruction surgeries following mastectomy. It serves hospitals and healthcare facilities through its direct sales force, independent sales agents, and distributors. The company was formerly known as Aziyo Biologics, Inc. and changed its name to Elutia Inc. in September 2023. Elutia Inc. was incorporated in 2015 and is headquartered in Silver Spring, Maryland.

ELUT Stock Price History

ELUT Stock News Headlines

Elutia Full Year 2023 Earnings: Misses Expectations
Q4 2023 Elutia Inc Earnings Call
Recap: Elutia Q4 Earnings
Preview: Elutia's Earnings
Calliditas Year-end report, January - December 2023
Elutia Inc.
Elutia regains compliance with Nasdaq
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/07/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:ELUT
Employees
54
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+47.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-37,660,000.00
Net Margins
-164.45%
Pretax Margin
-170.52%

Debt

Sales & Book Value

Annual Sales
$25.05 million
Book Value
($1.66) per share

Miscellaneous

Free Float
14,370,000
Market Cap
$82.53 million
Optionable
Not Optionable
Beta
0.61
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Key Executives

  • Dr. C. Randal Mills Ph.D. (Age 52)
    Co-Founder, President & CEO and Director
    Comp: $857.26k
  • Mr. Matthew B. FergusonMr. Matthew B. Ferguson (Age 56)
    Chief Financial Officer
    Comp: $360.65k
  • Ms. Erica Elchin
    Vice President of Global Operations
  • Dr. Michelle LeRoux Williams Ph.D. (Age 49)
    Chief Scientific Officer
  • Ms. Courtney Guyer
    Vice President of Marketing
  • Dr. Sonali Fonseca Ph.D.
    VP & Head of Emerging Businesses
  • Mr. Jeffry D. Hamet
    Senior VP of Finance, Treasurer & Secretary

ELUT Stock Analysis - Frequently Asked Questions

Should I buy or sell Elutia stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Elutia in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ELUT shares.
View ELUT analyst ratings
or view top-rated stocks.

What is Elutia's stock price target for 2024?

2 brokers have issued 12 month price objectives for Elutia's shares. Their ELUT share price targets range from $5.00 to $5.00. On average, they anticipate the company's share price to reach $5.00 in the next twelve months. This suggests a possible upside of 43.7% from the stock's current price.
View analysts price targets for ELUT
or view top-rated stocks among Wall Street analysts.

How have ELUT shares performed in 2024?

Elutia's stock was trading at $2.16 at the beginning of 2024. Since then, ELUT shares have increased by 61.1% and is now trading at $3.48.
View the best growth stocks for 2024 here
.

Are investors shorting Elutia?

Elutia saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 19,400 shares, a decline of 23.3% from the April 30th total of 25,300 shares. Based on an average daily trading volume, of 14,700 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.2% of the company's shares are sold short.
View Elutia's Short Interest
.

When is Elutia's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our ELUT earnings forecast
.

How were Elutia's earnings last quarter?

Elutia Inc. (NASDAQ:ELUT) released its quarterly earnings data on Thursday, May, 9th. The company reported ($0.75) EPS for the quarter. The company had revenue of $6.69 million for the quarter.

Who are Elutia's major shareholders?

Elutia's stock is owned by a number of institutional and retail investors. Top institutional investors include Perkins Capital Management Inc. (3.29%) and Verdence Capital Advisors LLC (0.06%). Insiders that own company stock include Birchview Capital, Lp, Brigid Makes, David Colpman, Highcape Capital, LP, Matthew Ferguson and Thomas Englese.
View institutional ownership trends
.

How do I buy shares of Elutia?

Shares of ELUT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ELUT) was last updated on 6/7/2024 by MarketBeat.com Staff

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