S&P 500   4,981.80
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QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
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Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
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Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Laser breakthrough could send stock soaring 2,467% (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Laser breakthrough could send stock soaring 2,467% (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Laser breakthrough could send stock soaring 2,467% (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Laser breakthrough could send stock soaring 2,467% (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Laser breakthrough could send stock soaring 2,467% (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
S&P 500   4,981.80
DOW   38,612.24
QQQ   425.61
Palo Alto Networks, Keysight fall; Garmin, Toll Brothers rise, Wednesday, 2/21/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Applied Materials stock is Ray Dalio's favorite in this new cycle
Palo Alto Networks aims at cyber security leadership
Laser breakthrough could send stock soaring 2,467% (Ad)
Spotify sounding better to analysts as company tunes into profits
3 Reasons the Capital One-Discover merger is a big deal
Laser breakthrough could send stock soaring 2,467% (Ad)
How major US stock indexes fared Wednesday, 2/21/2024
Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
NASDAQ:CRCT

Cricut (CRCT) Stock Price, News & Analysis

$4.98
-0.22 (-4.23%)
(As of 02/21/2024 ET)
Today's Range
$4.83
$5.33
50-Day Range
$4.96
$7.13
52-Week Range
$4.83
$17.89
Volume
2.22 million shs
Average Volume
787,332 shs
Market Capitalization
$1.09 billion
P/E Ratio
20.75
Dividend Yield
N/A
Price Target
$7.03

Cricut MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
41.1% Upside
$7.03 Price Target
Short Interest
Healthy
14.00% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Cricut in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$30.40 M Sold Last Quarter
Proj. Earnings Growth
42.31%
From $0.26 to $0.37 Per Share

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.

3.04 out of 5 stars

Business Services Sector

83rd out of 305 stocks

Special Industry Machinery, Not Elsewhere Classified Industry

5th out of 13 stocks


CRCT stock logo

About Cricut Stock (NASDAQ:CRCT)

Cricut, Inc. engages in the design and marketing of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates in 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. Its connected machines include Cricut Joy for personalization, organization, and customization; Cricut Explore family for cutting, writing, and scoring; and Cricut Maker family for cutting, writing, scoring, and adding decorative effects to various materials, such as paper, vinyl, pens, leather, and others. The company also provides Cricut Access and Cricut Access Premium subscription offerings, and in-app purchases; and a software that integrates its connected machines and design apps comprising Cricut Joy App, Design Space, and other apps. In addition, it offers a range of accessories and materials, such as Cricut EasyPress, Cricut Mug Press, various hand tools, machine replacement tools and blades, and project materials. The company offers its products through its third-party brick-and-mortar and online retail partners; and its website cricut.com, as well as through a network of distributors. It operates in the United States, the United Kingdom, Ireland, Australia, New Zealand, and Western Europe, as well as the Middle East, Latin America, South Africa, and Asia. The company was formerly known as Provo Craft & Novelty, Inc. and changed its name to Cricut, Inc. in March 2018. The company was incorporated in 1969 and is headquartered in South Jordan, Utah.

CRCT Stock Price History

CRCT Stock News Headlines

CRCT Mar 2024 12.500 call
CRCT Mar 2024 5.000 put
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Cricut, Inc. (NASDAQ:CRCT) Short Interest Update
Cricut Inc.
Cricut: Nothing Has Changed Over The Past Few Quarters
The perfect AI stock under $10
Normally, bringing a new drug to market takes an average of 10 years and between $2.5 and $12 billion. However, new AI technology has the potential to make the process up to 1000 times faster. This #1 AI company is at the forefront of it all.
Cricut EVP Trades Company's Stock
Insider Sell Alert: EVP, General Counsel & Sec.
Insider Sell Alert: EVP, General Counsel & Sec. ...
Cricut, Inc. Reports Third Quarter 2023 Financial Results
Cricut Q3 2023 Earnings Preview
Cricut: Profitability Pressure Continues
Cricut Recent Insider Activity
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
2/21/2024
Next Earnings (Confirmed)
3/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Special industry machinery, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:CRCT
Fax
N/A
Employees
775
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.03
High Stock Price Target
$10.50
Low Stock Price Target
$4.60
Potential Upside/Downside
+41.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
4 Analysts

Profitability

Net Income
$60.67 million
Pretax Margin
9.07%

Debt

Sales & Book Value

Annual Sales
$886.30 million
Cash Flow
$0.38 per share
Book Value
$3.06 per share

Miscellaneous

Free Float
178,709,000
Market Cap
$1.09 billion
Optionable
Optionable
Beta
0.14
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Key Executives















CRCT Stock Analysis - Frequently Asked Questions

Should I buy or sell Cricut stock right now?

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

What is Cricut's stock price target for 2024?

4 equities research analysts have issued 12-month price targets for Cricut's shares. Their CRCT share price targets range from $4.60 to $10.50. On average, they anticipate the company's stock price to reach $7.03 in the next year. This suggests a possible upside of 41.1% from the stock's current price.
View analysts price targets for CRCT
or view top-rated stocks among Wall Street analysts.

How have CRCT shares performed in 2024?

Cricut's stock was trading at $6.59 at the start of the year. Since then, CRCT stock has decreased by 24.4% and is now trading at $4.98.
View the best growth stocks for 2024 here
.

Are investors shorting Cricut?

Cricut saw a drop in short interest in January. As of January 31st, there was short interest totaling 6,120,000 shares, a drop of 18.6% from the January 15th total of 7,520,000 shares. Based on an average daily trading volume, of 700,800 shares, the days-to-cover ratio is currently 8.7 days. Approximately 14.0% of the shares of the stock are short sold.
View Cricut's Short Interest
.

When is Cricut's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 5th 2024.
View our CRCT earnings forecast
.

How can I listen to Cricut's earnings call?

Cricut will be holding an earnings conference call on Tuesday, March 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Cricut's earnings last quarter?

Cricut, Inc. (NASDAQ:CRCT) released its quarterly earnings data on Tuesday, November, 7th. The company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.01. The firm had revenue of $174.91 million for the quarter, compared to the consensus estimate of $191 million. Cricut had a trailing twelve-month return on equity of 8.96% and a net margin of 6.54%. The company's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.06 earnings per share.

How often does Cricut pay dividends? What is the dividend yield for Cricut?

Cricut declared a dividend on Friday, June 30th. Stockholders of record on Monday, July 3rd will be given a dividend of $1.00 per share on Monday, July 17th. The ex-dividend date of this dividend is Friday, June 30th. This is a positive change from the stock's previous dividend of $0.35.
Read our dividend analysis for CRCT
.

When did Cricut IPO?

(CRCT) raised $321 million in an IPO on Thursday, March 25th 2021. The company issued 15,300,000 shares at $20.00-$22.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, Barclays and Baird acted as the underwriters for the IPO.

Who are Cricut's major shareholders?

Cricut's stock is owned by a variety of institutional and retail investors. Top institutional investors include Abdiel Capital Advisors LP (4.28%), Vanguard Group Inc. (1.51%), Northern Trust Corp (0.20%), Cubist Systematic Strategies LLC (0.06%), Strs Ohio (0.04%) and Barclays PLC (0.03%). Insiders that own company stock include Abdiel Capital Management, Llc, Arora Ashish, Donald B Olsen, Gregory Rowberry, James A Squires, Jason Makler, Len Blackwell, Martin F Petersen and Ryan Harmer.
View institutional ownership trends
.

How do I buy shares of Cricut?

Shares of CRCT 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:CRCT) was last updated on 2/22/2024 by MarketBeat.com Staff