$37.11 Million in Sales Expected for AirSculpt Technologies, Inc. (NASDAQ:AIRS) This Quarter

Wall Street analysts expect AirSculpt Technologies, Inc. (NASDAQ:AIRSGet Rating) to post sales of $37.11 million for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for AirSculpt Technologies’ earnings. The highest sales estimate is $37.86 million and the lowest is $36.66 million. The firm is expected to announce its next earnings report before the market opens on Monday, January 1st.

On average, analysts expect that AirSculpt Technologies will report full-year sales of $174.41 million for the current fiscal year, with estimates ranging from $174.09 million to $174.74 million. For the next financial year, analysts expect that the company will post sales of $219.80 million, with estimates ranging from $215.64 million to $223.90 million. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover AirSculpt Technologies.

A number of brokerages recently weighed in on AIRS. SVB Leerink raised their price objective on AirSculpt Technologies from $26.00 to $27.00 and gave the company an “outperform” rating in a research report on Monday, March 14th. Zacks Investment Research upgraded AirSculpt Technologies from a “hold” rating to a “buy” rating and set a $9.50 price target for the company in a research note on Wednesday. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AirSculpt Technologies has an average rating of “Buy” and an average target price of $18.70.

Shares of AIRS traded up $0.24 during midday trading on Friday, reaching $8.82. 289,538 shares of the stock were exchanged, compared to its average volume of 168,819. AirSculpt Technologies has a 52 week low of $7.96 and a 52 week high of $18.48. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.98. The firm has a 50 day moving average price of $12.01.

A number of hedge funds have recently made changes to their positions in the stock. Penserra Capital Management LLC acquired a new stake in AirSculpt Technologies in the fourth quarter valued at approximately $38,000. Citigroup Inc. acquired a new stake in shares of AirSculpt Technologies in the fourth quarter worth approximately $40,000. JPMorgan Chase & Co. acquired a new stake in shares of AirSculpt Technologies in the fourth quarter worth approximately $43,000. New York State Common Retirement Fund acquired a new stake in shares of AirSculpt Technologies in the first quarter worth approximately $62,000. Finally, Bank of America Corp DE acquired a new stake in shares of AirSculpt Technologies in the fourth quarter worth approximately $63,000. Institutional investors own 64.47% of the company’s stock.

AirSculpt Technologies Company Profile (Get Rating)

AirSculpt Technologies, Inc, together with its subsidiaries, focuses on operating as a holding company for EBS Intermediate Parent LLC that provides body contouring procedure services in the United States. It offers custom body contouring using its AirSculpt procedure that removes unwanted fat in a minimally invasive procedure.

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Earnings History and Estimates for AirSculpt Technologies (NASDAQ:AIRS)

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