AirSculpt Technologies (NASDAQ:AIRS) Now Covered by BTIG Research

Research analysts at BTIG Research initiated coverage on shares of AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) in a report issued on Thursday, Marketbeat.com reports. The brokerage set a "neutral" rating on the stock.

AirSculpt Technologies Stock Down 0.2 %

Shares of AIRS stock traded down $0.01 during mid-day trading on Thursday, hitting $5.81. The stock had a trading volume of 242,798 shares, compared to its average volume of 74,317. AirSculpt Technologies has a 12-month low of $2.92 and a 12-month high of $8.30. The firm has a market capitalization of $334.48 million, a P/E ratio of 291.50 and a beta of 1.60. The firm's 50-day moving average is $4.51 and its two-hundred day moving average is $4.60. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.86 and a quick ratio of 0.86.

AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) last issued its earnings results on Friday, August 9th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.07). AirSculpt Technologies had a positive return on equity of 6.42% and a negative net margin of 1.77%. The firm had revenue of $51.00 million during the quarter, compared to analysts' expectations of $55.50 million. On average, analysts predict that AirSculpt Technologies will post 0.15 earnings per share for the current fiscal year.

Institutional Investors Weigh In On AirSculpt Technologies

A number of hedge funds have recently made changes to their positions in the stock. Riverview Trust Co acquired a new position in AirSculpt Technologies during the 1st quarter valued at about $26,000. FourWorld Capital Management LLC acquired a new position in shares of AirSculpt Technologies in the first quarter valued at about $557,000. Vanguard Group Inc. increased its holdings in shares of AirSculpt Technologies by 1.0% in the first quarter. Vanguard Group Inc. now owns 576,038 shares of the company's stock valued at $3,537,000 after purchasing an additional 5,606 shares during the period. Finally, SW Investment Management LLC increased its holdings in shares of AirSculpt Technologies by 5.0% in the second quarter. SW Investment Management LLC now owns 4,500,000 shares of the company's stock valued at $18,000,000 after purchasing an additional 213,677 shares during the period. 91.54% of the stock is currently owned by hedge funds and other institutional investors.

AirSculpt Technologies Company Profile

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. The company offers AirSculpt, a next-generation body contouring procedure that removes unwanted fat and tightens skin in a minimally invasive procedure.