NASDAQ:SGHT

Sight Sciences (SGHT) Stock Price, News & Analysis

$5.55
-0.10 (-1.77%)
(As of 05/8/2024 ET)
Today's Range
$5.46
$5.74
50-Day Range
$4.02
$6.10
52-Week Range
$1.04
$10.70
Volume
73,486 shs
Average Volume
213,307 shs
Market Capitalization
$275.00 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.70

Sight Sciences MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
15.3% Downside
$4.70 Price Target
Short Interest
Healthy
4.75% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.07mentions of Sight Sciences in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$173,375 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.04) to ($0.95) 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.

0.64 out of 5 stars

Medical Sector

837th out of 905 stocks

Surgical & Medical Instruments Industry

88th out of 95 stocks

SGHT stock logo

About Sight Sciences Stock (NASDAQ:SGHT)

Sight Sciences, Inc., an ophthalmic medical device company, engages in the development and commercialization of surgical and nonsurgical technologies for the treatment of eye diseases. It operates through two segments, Surgical Glaucoma and Dry Eye. The company's products include OMNI Surgical System, an implant-free glaucoma surgery technology indicated to reduce intraocular pressure in adult patients with primary open-angle glaucoma; and SION Surgical Instrument, a manually operated device used in ophthalmic surgical procedures to excise trabecular meshwork. It also offers TearCare System, a wearable eyelid technology for adult patients with evaporative dry eye disease due to meibomian gland dysfunction, as well as related components. It offers its products through sales representatives and distributors to hospitals, medical centers, and eyecare professionals in the United States. Sight Sciences, Inc. was incorporated in 2010 and is headquartered in Menlo Park, California.

SGHT Stock Price History

SGHT Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Q1 2024 Sight Sciences Inc Earnings Call
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Sight Sciences earnings preview: what to expect
SGHT Apr 2024 5.000 call
Q4 2023 Sight Sciences Inc Earnings Call
Sight Sciences: Q4 Earnings Insights
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
5/08/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:SGHT
Fax
N/A
Employees
214
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.70
High Stock Price Target
$6.00
Low Stock Price Target
$4.00
Potential Upside/Downside
-15.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$-55,550,000.00
Pretax Margin
-68.39%

Debt

Sales & Book Value

Annual Sales
$81.06 million
Book Value
$2.47 per share

Miscellaneous

Free Float
36,124,000
Market Cap
$275.00 million
Optionable
Optionable
Beta
2.73
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Key Executives

  • Mr. Paul Badawi (Age 49)
    Co-Founder, President, CEO & Director
    Comp: $920.3k
  • Dr. David Badawi M.D. (Age 54)
    Founder, CTO & Director
  • Mr. Sam Boong Park (Age 63)
    Chief Operating Officer
    Comp: $531.78k
  • Ms. Alison Perry Bauerlein (Age 43)
    CFO & Treasurer
  • Mr. Jeremy B. Hayden (Age 54)
    Chief Legal Officer
  • Mr. Steve R. Tamayo Jr.
    VP and Chief Ethics & Compliance Officer
  • Dr. Reay H. Brown
    Chief Medical Officer
  • Tom Huang
    Head of Corporate Strategy & Development
  • Mr. Matthew W. Link (Age 49)
    Chief Commercial Officer
  • Mr. Stephen B. Thau J.D.
    Secretary

SGHT Stock Analysis - Frequently Asked Questions

Should I buy or sell Sight Sciences stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sight Sciences in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SGHT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SGHT, but not buy additional shares or sell existing shares.
View SGHT analyst ratings
or view top-rated stocks.

What is Sight Sciences' stock price target for 2024?

7 analysts have issued 1-year price targets for Sight Sciences' stock. Their SGHT share price targets range from $4.00 to $6.00. On average, they anticipate the company's stock price to reach $4.70 in the next twelve months. This suggests that the stock has a possible downside of 15.3%.
View analysts price targets for SGHT
or view top-rated stocks among Wall Street analysts.

How have SGHT shares performed in 2024?

Sight Sciences' stock was trading at $5.16 at the beginning of the year. Since then, SGHT stock has increased by 7.6% and is now trading at $5.55.
View the best growth stocks for 2024 here
.

Are investors shorting Sight Sciences?

Sight Sciences saw a decrease in short interest in March. As of March 31st, there was short interest totaling 1,290,000 shares, a decrease of 20.9% from the March 15th total of 1,630,000 shares. Based on an average trading volume of 215,100 shares, the days-to-cover ratio is presently 6.0 days. Approximately 4.9% of the company's shares are short sold.
View Sight Sciences' Short Interest
.

When is Sight Sciences' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our SGHT earnings forecast
.

How were Sight Sciences' earnings last quarter?

Sight Sciences, Inc. (NASDAQ:SGHT) posted its earnings results on Thursday, March, 7th. The company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.13. The company earned $18.75 million during the quarter, compared to analyst estimates of $18.70 million. Sight Sciences had a negative trailing twelve-month return on equity of 42.84% and a negative net margin of 67.18%. During the same quarter in the previous year, the business earned ($0.35) EPS.

What guidance has Sight Sciences issued on next quarter's earnings?

Sight Sciences issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $81.0 million-$85.0 million, compared to the consensus revenue estimate of $82.5 million.

When did Sight Sciences IPO?

Sight Sciences (SGHT) raised $150 million in an IPO on Thursday, July 15th 2021. The company issued 6,980,000 shares at $20.00-$23.00 per share.

Who are Sight Sciences' major shareholders?

Sight Sciences' stock is owned by a variety of institutional and retail investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.05%). Insiders that own company stock include Alison Bauerlein, D1 Capital Partners LP, David Badawi, Jeremy B Hayden, Jesse Selnick, Paul Badawi, Sam Boong Park and Staffan Encrantz.
View institutional ownership trends
.

How do I buy shares of Sight Sciences?

Shares of SGHT 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:SGHT) was last updated on 5/9/2024 by MarketBeat.com Staff

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