NASDAQ:RXST RxSight (RXST) Stock Price, News & Analysis → The Department of Defense Has a New Drone Contractor (From The Tomorrow Investor) (Ad) Free RXST Stock Alerts $62.19 -0.65 (-1.03%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$61.05▼$66.5450-Day Range$46.20▼$62.8452-Week Range$18.35▼$66.54Volume607,967 shsAverage Volume436,391 shsMarket Capitalization$2.30 billionP/E RatioN/ADividend YieldN/APrice Target$60.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get RxSight alerts: Email Address RxSight MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside2.5% Downside$60.63 Price TargetShort InterestHealthy4.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.47Based on 32 Articles This WeekInsider TradingSelling Shares$5.02 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.94) to ($0.67) Per ShareSee Full Details Hide Full Details 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.2.55 out of 5 starsMedical Sector724th out of 903 stocksOphthalmic Goods Industry7th out of 7 stocks 2.5 Analyst's Opinion Consensus RatingRxSight has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageRxSight has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about RxSight's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.73% of the float of RxSight has been sold short.Short Interest Ratio / Days to CoverRxSight has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in RxSight has recently increased by 13.95%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldRxSight does not currently pay a dividend.Dividend GrowthRxSight does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RXST. Previous Next 2.5 News and Social Media Coverage News SentimentRxSight has a news sentiment score of 0.47. 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 WeekMarketBeat has tracked 32 news articles for RxSight this week, compared to 3 articles on an average week.Search Interest4 people have searched for RXST on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added RxSight to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RxSight insiders have sold 1,134.51% more of their company's stock than they have bought. Specifically, they have bought $406,680.00 in company stock and sold $5,020,520.00 in company stock.Percentage Held by Insiders21.13% of the stock of RxSight is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions78.78% of the stock of RxSight is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about RxSight's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for RxSight are expected to grow in the coming year, from ($0.94) to ($0.67) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RxSight is -43.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of RxSight is -43.49, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioRxSight has a P/B Ratio of 13.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about RxSight's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Manward PressShocking: One AI startup's revenue could surge 4,735%Shocking: One AI Startup's Revenue Could Surge 4,735% While Nvidia gets all the attention, one small AI startup is quietly positioning itself to be the biggest winner.Click here to discover the AI chip company About RxSight Stock (NASDAQ:RXST)RxSight, Inc., a commercial-stage medical device company, engages in the research and development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery in the United States and internationally. It offers RxSight system that enables doctors to customize and enhance the visual acuity for patients after cataract surgery. The company's RxSight system includes RxSight Light Adjustable Lens, a special photosensitive material that changes shape and power. RxSight light delivery device, an office-based light treatment device that delivers UV light in a programmed pattern to modify the LAL based on the visual correction needed to achieve desired vision after cataract surgery. It primarily serves cataract doctors. The company was formerly known as Calhoun Vision, Inc. and changed its name to RxSight, Inc. in February 2017. RxSight, Inc. was incorporated in 1997 and is headquartered in Aliso Viejo, California.Read More RXST Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RXST Stock News HeadlinesMay 7, 2024 | insidertrades.comRxSight, Inc. (NASDAQ:RXST) CEO Sells $2,406,000.00 in StockMay 3, 2024 | insidertrades.comInsider Selling: RxSight, Inc. (NASDAQ:RXST) CFO Sells 10,000 Shares of StockMay 8, 2024 | InvestorPlace (Ad)The new financial threat that could wipe out millions…During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.May 8, 2024 | americanbankingnews.comRxSight (NASDAQ:RXST) PT Raised to $68.00May 8, 2024 | americanbankingnews.comRxSight (NASDAQ:RXST) Shares Gap Up Following Analyst UpgradeMay 7, 2024 | markets.businessinsider.comRxSight Outperforms with Strong Q1 Results and Raised Guidance: Buy Rating AffirmedMay 7, 2024 | markets.businessinsider.comWhat 10 Analyst Ratings Have To Say About RxSightMay 7, 2024 | finance.yahoo.comRxSight, Inc. (NASDAQ:RXST) Q1 2024 Earnings Call TranscriptMay 8, 2024 | InvestorPlace (Ad)The new financial threat that could wipe out millions…During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.May 7, 2024 | finance.yahoo.comRxSight Inc (RXST) Q1 2024 Earnings Call Transcript Highlights: Strong Revenue Growth and ...May 7, 2024 | americanbankingnews.comRxSight, Inc. (NASDAQ:RXST) CEO Ronald M. Md Kurtz Sells 40,000 Shares of StockMay 6, 2024 | msn.comRXST Stock Earnings: RxSight Beats EPS, Beats Revenue for Q1 2024May 6, 2024 | finance.yahoo.comRxSight Inc (RXST) Surpasses Analyst Revenue Forecasts in Q1 2024May 6, 2024 | globenewswire.comRxSight, Inc. Reports First Quarter 2024 Financial ResultsMay 6, 2024 | msn.comStocks Set to Open Higher as Investors Await More Corporate Earnings and Fed SpeakMay 4, 2024 | americanbankingnews.comShelley B. Thunen Sells 10,000 Shares of RxSight, Inc. (NASDAQ:RXST) StockMay 4, 2024 | americanbankingnews.comRxSight (RXST) Scheduled to Post Earnings on MondayMay 1, 2024 | seekingalpha.comRxSight: Promising Technology, Uncertain Profitability - A Hold RecommendationApril 25, 2024 | finance.yahoo.comShould You Investigate RxSight, Inc. (NASDAQ:RXST) At US$52.84?April 22, 2024 | globenewswire.comRxSight, Inc. to Report First Quarter Financial Results on May 6, 2024April 11, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Healthcare Companies: Abivax SA Sponsored ADR (ABVX), RxSight (RXST) and Clearside Biomedical (CLSD)April 11, 2024 | markets.businessinsider.comAssessing RxSight: Insights From 8 Financial AnalystsApril 6, 2024 | investing.comRxSight launches new Light Adjustable Lens productApril 4, 2024 | globenewswire.comRxSight Announces Commercial Launch of its Newest Light Adjustable Lens™, the LAL+™, and Features Multiple Doctor Presentations at the Upcoming ASCRS Annual MeetingMarch 27, 2024 | globenewswire.comRxSight, Inc. to Participate in the 23rd Annual Needham Virtual Healthcare ConferenceMarch 14, 2024 | morningstar.comRxSight Inc RXSTMarch 4, 2024 | markets.businessinsider.comPatrick Wood Reaffirms Buy Rating for RxSight Amid Strong Growth and Market Expansion PotentialSee More Headlines Receive RXST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RxSight and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/06/2024Today5/08/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Ophthalmic goods Sub-IndustryN/A Current SymbolNASDAQ:RXST CUSIPN/A CIK1111485 Webwww.rxsight.com Phone949-521-7830FaxN/AEmployees374Year FoundedN/APrice Target and Rating Average Stock Price Target$60.63 High Stock Price Target$75.00 Low Stock Price Target$32.00 Potential Upside/Downside-2.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($1.43) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-48,610,000.00 Net Margins-54.57% Pretax Margin-54.55% Return on Equity-31.16% Return on Assets-25.51% Debt Debt-to-Equity RatioN/A Current Ratio8.06 Quick Ratio7.22 Sales & Book Value Annual Sales$89.08 million Price / Sales25.82 Cash FlowN/A Price / Cash FlowN/A Book Value$4.47 per share Price / Book13.91Miscellaneous Outstanding Shares36,990,000Free Float29,172,000Market Cap$2.30 billion OptionableOptionable Beta1.21 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesDr. Ronald M. Kurtz M.D. (Age 61)President, CEO & Director Comp: $1.03MMs. Shelley B. Thunen (Age 70)Chief Financial Officer Comp: $651.36kDr. Ilya Goldshleger Ph.D. (Age 49)Chief Operating Officer Comp: $657.81kMr. Eric J. Weinberg (Age 63)Chief Commercial Officer Comp: $638.9kMs. Rebecca WillistonVice President of Accounting & FinanceMr. Matt Haller Ph.D.Chief Technology OfficerAlex HuangInvestor RelationsMr. Roy FreemanVice President of MarketingMs. Caroline VaughnVice President of Human ResourcesMr. Scott GainesSenior VP of Commercial Operations & Business ProcessMore ExecutivesKey CompetitorsSTAAR SurgicalNASDAQ:STAABausch Health CompaniesNYSE:BHCNational VisionNASDAQ:EYEWarby ParkerNYSE:WRBYEdap TmsNASDAQ:EDAPView All CompetitorsInsiders & InstitutionsInspire Investing LLCBought 17,787 shares on 5/8/2024Ownership: 0.048%Lisanti Capital Growth LLCSold 14,485 shares on 5/7/2024Ownership: 0.260%Sei Investments Co.Sold 6,564 shares on 5/7/2024Ownership: 0.154%Swiss National BankBought 7,400 shares on 5/7/2024Ownership: 0.144%Oppenheimer & Co. Inc.Bought 7,048 shares on 5/7/2024Ownership: 0.019%View All Insider TransactionsView All Institutional Transactions RXST Stock Analysis - Frequently Asked Questions Should I buy or sell RxSight stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RxSight in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RXST shares. View RXST analyst ratings or view top-rated stocks. What is RxSight's stock price target for 2024? 7 brokers have issued 12 month target prices for RxSight's stock. Their RXST share price targets range from $32.00 to $75.00. On average, they predict the company's stock price to reach $60.63 in the next twelve months. This suggests that the stock has a possible downside of 2.5%. View analysts price targets for RXST or view top-rated stocks among Wall Street analysts. How have RXST shares performed in 2024? RxSight's stock was trading at $40.32 at the start of the year. Since then, RXST stock has increased by 54.2% and is now trading at $62.19. View the best growth stocks for 2024 here. When is RxSight's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024. View our RXST earnings forecast. How were RxSight's earnings last quarter? RxSight, Inc. (NASDAQ:RXST) issued its quarterly earnings data on Monday, May, 6th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.17) by $0.08. The company had revenue of $29.51 million for the quarter, compared to the consensus estimate of $27.56 million. RxSight had a negative net margin of 54.57% and a negative trailing twelve-month return on equity of 31.16%. The firm's quarterly revenue was up 68.7% on a year-over-year basis. During the same period last year, the firm posted ($0.42) earnings per share. What ETFs hold RxSight's stock? ETFs with the largest weight of RxSight (NASDAQ:RXST) stock in their portfolio include Counterpoint Quantitative Equity ETF (CPAI), SPDR S&P Health Care Equipment ETF (XHE), Inspire Fidelis Multi Factor ETF (FDLS), Invesco DWA SmallCap Momentum ETF (DWAS), First Trust Small Cap Growth AlphaDEX Fund (FYC) and iShares Micro-Cap ETF (IWC).First Trust Small Cap Core AlphaDEX Fund (FYX). What guidance has RxSight issued on next quarter's earnings? RxSight updated its FY 2024 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $132.0 million-$137.0 million, compared to the consensus revenue estimate of $131.6 million. When did RxSight IPO? RxSight (RXST) raised $125 million in an IPO on Friday, July 30th 2021. The company issued 7,350,000 shares at a price of $16.00-$18.00 per share. Who are RxSight's major shareholders? RxSight's stock is owned by a number of retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.50%), Capstone Investment Advisors LLC (0.34%), Lisanti Capital Growth LLC (0.26%), Baillie Gifford & Co. (0.18%), Sei Investments Co. (0.15%) and Quantbot Technologies LP (0.15%). Insiders that own company stock include Bakker Juliet Tammenoms, Eric Weinberg, Ilya Goldshleger, Jesse Anderson Corley, Robert Keith Warner, Ronald M Md Kurtz, Shelley B Thunen, Shweta Maniar and William J Phd Link. View institutional ownership trends. How do I buy shares of RxSight? Shares of RXST 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. 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