Cricut (CRCT) Projected to Post Earnings on Tuesday

Key Points

• Cricut (CRCT) will release its Q2 2025 earnings results on August 5th, with analysts predicting earnings of $0.06 per share and revenue of $158.59 million.
• The company recently reported a decline in stock, down 1.3%, with a current market cap of $1.09 billion and a twelve-month price range of $3.94 to $7.33.
• Insider trading activity included CEO Ashish Arora selling 60,000 shares, decreasing his ownership, while institutional investors like Jane Street Group LLC raised their position in the company by 43.7%.

Cricut (NASDAQ:CRCT - Get Free Report) is expected to release its Q2 2025 earnings data after the market closes on Tuesday, August 5th. Analysts expect Cricut to post earnings of $0.06 per share and revenue of $158.59 million for the quarter.

Cricut (NASDAQ:CRCT - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.08 by $0.03. Cricut had a net margin of 9.48% and a return on equity of 14.27%. The firm had revenue of $162.63 million for the quarter, compared to analyst estimates of $158.55 million. On average, analysts expect Cricut to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Cricut Trading Down 5.0%

NASDAQ:CRCT traded down $0.26 during midday trading on Wednesday, hitting $4.92. 362,038 shares of the company were exchanged, compared to its average volume of 595,433. Cricut has a fifty-two week low of $3.94 and a fifty-two week high of $7.33. The company has a fifty day simple moving average of $6.10 and a 200 day simple moving average of $5.64. The company has a market capitalization of $1.04 billion, a PE ratio of 15.87 and a beta of 0.16.

Cricut Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, July 7th were given a dividend of $0.10 per share. This represents a yield of 3.3%. The ex-dividend date of this dividend was Monday, July 7th. Cricut's payout ratio is currently 64.52%.

Insider Transactions at Cricut

In other Cricut news, CEO Arora Ashish sold 60,000 shares of the firm's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $6.25, for a total transaction of $375,000.00. Following the transaction, the chief executive officer directly owned 2,871,931 shares of the company's stock, valued at approximately $17,949,568.75. This trade represents a 2.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last quarter, insiders have sold 635,989 shares of company stock worth $3,936,325. Company insiders own 18.61% of the company's stock.

Institutional Trading of Cricut

A hedge fund recently raised its stake in Cricut stock. Jane Street Group LLC lifted its stake in Cricut, Inc. (NASDAQ:CRCT - Free Report) by 43.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,176 shares of the company's stock after purchasing an additional 6,140 shares during the period. Jane Street Group LLC's holdings in Cricut were worth $104,000 as of its most recent SEC filing. Institutional investors own 19.60% of the company's stock.

Wall Street Analyst Weigh In

Separately, Citigroup reissued a "sell" rating and set a $4.00 price objective (down from $6.00) on shares of Cricut in a research report on Monday, April 14th.

About Cricut

Cricut, Inc engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations.