NASDAQ:PRCT

PROCEPT BioRobotics (PRCT) Stock Price, News & Analysis

$62.79
+1.36 (+2.21%)
(As of 05/7/2024 ET)
Today's Range
$61.04
$63.07
50-Day Range
$45.73
$64.31
52-Week Range
$24.83
$65.00
Volume
679,194 shs
Average Volume
545,750 shs
Market Capitalization
$3.23 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$61.20

PROCEPT BioRobotics MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
2.5% Downside
$61.20 Price Target
Short Interest
Bearish
11.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.45mentions of PROCEPT BioRobotics in the last 14 days
Based on 42 Articles This Week
Insider Trading
Selling Shares
$7.77 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.96) to ($1.48) 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.

0.50 out of 5 stars

Medical Sector

844th out of 903 stocks

Surgical & Medical Instruments Industry

90th out of 95 stocks

PRCT stock logo

About PROCEPT BioRobotics Stock (NASDAQ:PRCT)

PROCEPT BioRobotics Corporation, a surgical robotics company, focuses on developing transformative solutions in urology in the United States and internationally. The company develops, manufactures, and sells AquaBeam Robotic System, an image-guided, surgical robotic system for use in minimally invasive urologic surgery with a focus on treating benign prostatic hyperplasia (BPH). It also designs Aquablation therapy for males suffering from lower urinary tract symptoms due to BPH. PROCEPT BioRobotics Corporation was incorporated in 2007 and is headquartered in San Jose, California.

PRCT Stock Price History

PRCT Stock News Headlines

Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Unveiling 4 Analyst Insights On PROCEPT BioRobotics
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Here's what Wall Street expects from PROCEPT BioRobotics's earnings
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/07/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:PRCT
Fax
N/A
Employees
626
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$61.20
High Stock Price Target
$75.00
Low Stock Price Target
$37.00
Potential Upside/Downside
-2.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$-105,900,000.00
Pretax Margin
-66.12%

Debt

Sales & Book Value

Annual Sales
$136.19 million
Book Value
$5.56 per share

Miscellaneous

Free Float
41,345,000
Market Cap
$3.23 billion
Optionable
Optionable
Beta
0.95
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Key Executives

  • Dr. Reza Zadno Ph.D. (Age 69)
    President, CEO & Director
    Comp: $1.13M
  • Mr. Kevin Waters (Age 47)
    Executive VP & CFO
    Comp: $680.11k
  • Ms. Alaleh Nouri (Age 45)
    EVP, Chief Legal Officer & Corporate Secretary
    Comp: $605.84k
  • Mr. Hisham Shiblaq (Age 48)
    Executive VP & Chief Commercial Officer
    Comp: $645.95k
  • Mr. Mohan F. Sancheti (Age 60)
    Senior Vice President of Operations
  • Mr. Barry Templin
    Executive VP of Technology & Clinical Development
  • Mr. Matthew James Bacso C.F.A.
    Vice President of Investor Relations
  • Ms. Stacey L. Porter (Age 48)
    Chief People Officer
  • Mr. Bijesh Chandran
    Senior Vice President of Regulatory Affairs & Quality Assurance

PRCT Stock Analysis - Frequently Asked Questions

Should I buy or sell PROCEPT BioRobotics stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PROCEPT BioRobotics in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRCT shares.
View PRCT analyst ratings
or view top-rated stocks.

What is PROCEPT BioRobotics' stock price target for 2024?

7 brokerages have issued 1 year target prices for PROCEPT BioRobotics' shares. Their PRCT share price targets range from $37.00 to $75.00. On average, they expect the company's stock price to reach $61.20 in the next year. This suggests that the stock has a possible downside of 2.5%.
View analysts price targets for PRCT
or view top-rated stocks among Wall Street analysts.

How have PRCT shares performed in 2024?

PROCEPT BioRobotics' stock was trading at $41.91 at the start of the year. Since then, PRCT shares have increased by 49.8% and is now trading at $62.79.
View the best growth stocks for 2024 here
.

When is PROCEPT BioRobotics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our PRCT earnings forecast
.

How were PROCEPT BioRobotics' earnings last quarter?

PROCEPT BioRobotics Co. (NASDAQ:PRCT) announced its earnings results on Wednesday, May, 1st. The company reported ($0.51) EPS for the quarter, topping the consensus estimate of ($0.55) by $0.04. The company earned $44.50 million during the quarter, compared to analysts' expectations of $41.58 million. PROCEPT BioRobotics had a negative trailing twelve-month return on equity of 41.35% and a negative net margin of 66.12%. The business's quarterly revenue was up 82.4% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.63) earnings per share.

What guidance has PROCEPT BioRobotics issued on next quarter's earnings?

PROCEPT BioRobotics updated its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $213.5 million-$213.5 million, compared to the consensus revenue estimate of $210.2 million.

When did PROCEPT BioRobotics IPO?

PROCEPT BioRobotics (PRCT) raised $126 million in an initial public offering on Wednesday, September 15th 2021. The company issued 5,500,000 shares at $22.00-$24.00 per share.

Who are PROCEPT BioRobotics' major shareholders?

PROCEPT BioRobotics' stock is owned by many different institutional and retail investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (0.77%), Allspring Global Investments Holdings LLC (0.39%), Lisanti Capital Growth LLC (0.20%), Swiss National Bank (0.17%), Taylor Frigon Capital Management LLC (0.16%) and Essex Investment Management Co. LLC (0.12%). Insiders that own company stock include Alaleh Nouri, Frederic H Moll, Global Investors Lp Viking, Hisham Shiblaq, Kevin Waters, Morgan Colby Wood, Reza Zadno and Thomas M Krummel.
View institutional ownership trends
.

How do I buy shares of PROCEPT BioRobotics?

Shares of PRCT 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:PRCT) was last updated on 5/7/2024 by MarketBeat.com Staff

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