NASDAQ:EAR

Eargo - EAR Stock Forecast, Price & News

$1.05

-0.06 (-5.41%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $1.05
▼
$1.15
50-Day Range: $0.70
▼
$3.13
52-Week Range: $0.67
▼
$10.63

Volume: 660,680 shs
Average Volume: 1.15 million shs
Market Capitalization: $41.38 million

P/E Ratio: 0.37
Dividend Yield: N/A
Price Target: N/A

Eargo MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
5.35% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.79
Based on 10 Articles This Week
Insider Trading: Selling Shares
$43,604 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($2.35) to ($0.97) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Medical Sector

614th out of 1,093 stocks

Surgical Appliances & Supplies Industry

14th out of 24 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Eargo.

4.0

Short Interest

Percentage of Shares Shorted
5.35% of the float of Eargo has been sold short.
Short Interest Ratio / Days to Cover
Eargo has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Eargo has recently decreased by 47.06%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Eargo does not currently pay a dividend.
Dividend Growth
Eargo does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for EAR.

2.1

News and Social Media Coverage

News Sentiment
Eargo has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Medical companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for Eargo this week, compared to 7 articles on an average week.
Search Interest
Only 31 people have searched for EAR on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added Eargo to their MarketBeat watchlist in the last 30 days. This is a decrease of -74% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Eargo insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $43,604.00 in company stock.
Percentage Held by Insiders
Only 9.17% of the stock of Eargo is held by insiders.
Percentage Held by Institutions
Only 37.96% of the stock of Eargo is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Eargo are expected to grow in the coming year, from ($2.35) to ($0.97) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Eargo is 0.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Eargo is 0.37, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 90.63.
Price to Book Value per Share Ratio
Eargo has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Eargo (NASDAQ:EAR) Stock

Eargo, Inc., a medical device company, engages in enhancing the quality of life of people with hearing loss in the United States. The company markets and sells hearing aids. It sells its products direct-to-consumer and through omni-channel. The company was formerly known as Aria Innovations, Inc. and changed its name to Eargo, Inc. in November 2014. Eargo, Inc. was incorporated in 2010 and is headquartered in San Jose, California.

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EAR Stock News Headlines

October 1, 2022 | finance.yahoo.com

Eargo to Hold Investor Update Conference Call on October 4, 2022 - Yahoo Finance

September 30, 2022 | globenewswire.com

Eargo to Hold Investor Update Conference Call on October 4, 2022 - GlobeNewswire

September 30, 2022 | finance.yahoo.com

Eargo to Hold Investor Update Conference Call on October 4, 2022

September 28, 2022 | nasdaq.com

The one-year earnings decline has likely contributed toEargo's (NASDAQ:EAR) shareholders losses of 82% over that period

September 27, 2022 | streetinsider.com

Form DEFA14A Eargo, Inc. - StreetInsider.com

September 27, 2022 | finance.yahoo.com

Eargo (NASDAQ:EAR) dips 13% this week as increasing losses might not be inspiring confidence among its investors

September 21, 2022 | finance.yahoo.com

Eargo Announces Proxy Solicitation for 2022 Annual Meeting; Launch of Proxy Solicitation Web Site - Yahoo Finance

September 20, 2022 | forbes.com

Horizon Hearing Aids Review – Forbes Health - Forbes

September 20, 2022 | globenewswire.com

Eargo Announces Proxy Solicitation for 2022 Annual Meeting; Launch of Proxy Solicitation Web Site - GlobeNewswire

September 20, 2022 | finance.yahoo.com

Eargo Announces Proxy Solicitation for 2022 Annual Meeting; Launch of Proxy Solicitation Web Site

September 11, 2022 | fool.com

Eargo, Inc. (NASDAQ: EAR)

September 7, 2022 | streetinsider.com

Form FWP Eargo, Inc. Filed by: Eargo, Inc. - StreetInsider.com

September 3, 2022 | benzinga.com

HearUSA (EAR) – SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Eargo, Inc. (NASDAQ:EAR) an - Benzinga

August 31, 2022 | forbes.com

Hearing Aid Stocks - What To Expect And Who To Watch Following The Recent Executive Order - Forbes

August 30, 2022 | seekingalpha.com

Eargo Stock: Straining To Be Heard (NASDAQ:EAR) - Seeking Alpha

August 26, 2022 | seekingalpha.com

Akili, Bright Minds top healthcare gainers; SunLink, Eargo lead losers' pack - Seeking Alpha

August 25, 2022 | streetinsider.com

Form 4 Eargo, Inc. For: Aug 23 Filed by: Richardson Nina - StreetInsider.com

August 19, 2022 | seekingalpha.com

Blue Water, Eargo top healthcare gainers; Blueprint, Artelo lead losers' pack - Seeking Alpha

August 18, 2022 | bizjournals.com

Best Buy to expand hearing aid sales after government ruling - Minneapolis / St. Paul Business Journal - The Business Journals

August 18, 2022 | benzinga.com

Thinking about buying stock in Quoin Pharmaceuticals, Bed Bath & Beyond, Cassava Sciences, Eargo, or Blue - Benzinga

August 17, 2022 | globenewswire.com

Eargo Supports Over-the-Counter Hearing Aid Final Ruling - GlobeNewswire

August 17, 2022 | finance.yahoo.com

Eargo stock skyrockets following FDA clearing over-the-counter hearing aid sales

August 17, 2022 | finance.yahoo.com

Eargo Supports Over-the-Counter Hearing Aid Final Ruling

August 17, 2022 | benzinga.com

How Is The Market Feeling About Eargo? - Benzinga

August 17, 2022 | benzinga.com

Why Eargo Stock Is Rising Today - Benzinga

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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EAR Company Calendar

Last Earnings: 8/08/2022
Today: 10/01/2022
Next Earnings (Estimated): 11/14/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Surgical appliances & supplies
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:EAR
CUSIP: N/A
CIK: 1719395
Web: eargo.com
Phone: 650-351-7700
Fax: N/A
Employees: 238
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 0.37
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-157,750,000.00
Net Margins: N/A
Pretax Margin: -5,199.22%
Return on Equity: -332.02%
Return on Assets: -115.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.00
Quick Ratio: 0.95

Sales & Book Value

Annual Sales: $32.12 million
Price / Sales: 1.29
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.76 per share
Price / Book: 0.60

Miscellaneous

Outstanding Shares: 39,410,000
Free Float: 35,797,000
Market Cap: $41.38 million
Optionable: Not Optionable
Beta: 1.76

Key Executives

Mr. Christian Gormsen (Age 45)
CEO, Pres & Director
Comp: $648.3k

Mr. Adam Laponis (Age 46)
Chief Financial Officer
Comp: $418.7k

Mr. William H. Brownie (Age 55)
Chief Operating Officer
Comp: $428.45k

Mr. Daniel Shen
Co-Founder and Chief Clinical & Science Officer

Mr. Mark Thorpe (Age 54)
Chief Accounting Officer

Mr. Nicholas S. Laudico
Sr. VP of Corp. Strategy & Investor Relations

Ms. Christy La Pierre
Chief Legal Officer & Sec.

Ms. Tricia Burchell
VP of People Operations & Talent

Mr. Michael Perry
Sr. VP of Engineering

Mr. Ajit Pillai
Sr. VP of R&D

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

EAR Stock - Frequently Asked Questions

How have EAR shares performed in 2022?: Eargo's stock was trading at $5.10 at the beginning of the year. Since then, EAR shares have decreased by 79.4% and is now trading at $1.05.
View the best growth stocks for 2022 here.
When is Eargo's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our EAR earnings forecast.
How were Eargo's earnings last quarter?: Eargo, Inc. (NASDAQ:EAR) released its quarterly earnings data on Monday, August, 8th. The company reported ($0.78) EPS for the quarter, missing analysts' consensus estimates of ($0.23) by $0.55. The company had revenue of $7.25 million for the quarter, compared to the consensus estimate of $28.30 million.
When did Eargo IPO?: (EAR) raised $100 million in an IPO on Friday, October 16th 2020. The company issued 6,700,000 shares at $14.00-$16.00 per share. J.P.Morgan and BofA Securities acted as the underwriters for the IPO and Wells Fargo Securities and William Blair were co-managers.

What is Eargo's stock symbol?: Eargo trades on the NASDAQ under the ticker symbol "EAR."
How do I buy shares of Eargo?: Shares of EAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Eargo's stock price today?: One share of EAR stock can currently be purchased for approximately $1.05.
How much money does Eargo make?: Eargo (NASDAQ:EAR) has a market capitalization of $41.38 million and generates $32.12 million in revenue each year.
How many employees does Eargo have?: The company employs 238 workers across the globe.
How can I contact Eargo?: The official website for the company is eargo.com. The company can be reached via phone at 650-351-7700 or via email at ir@eargo.com.

This page (NASDAQ:EAR) was last updated on 10/1/2022 by MarketBeat.com Staff

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Eargo - EAR Stock Forecast, Price & News

Eargo MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows