RxSight Inc (RXST): A Case For Going Higher

After Hours

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Stocks Info

This NASDAQ-listed company operates within the Medical Devices industry segment, falling under the Healthcare sector. The current market capitalization of RxSight Inc is $2.34B. A total of 0.59 million shares were traded on the day, compared to an average of 404.27K shares.

In the most recent transaction, Kurtz Ronald M MD sold 40,000 shares of RXST for 60.15 per share on May 03 ’24. After the transaction, the President & CEO now owns 764,610 company shares. In a previous transaction on May 01 ’24, Thunen Shelley B sold 10,000 shares at 52.69 per share. RXST shares that Chief Financial Officer owns now total 13,938.

Among the insiders who sold shares, Thunen Shelley B disposed of 20,000 shares on Apr 01 ’24 at a per-share price of $49.90. This resulted in the Chief Financial Officer holding 8,402 shares of RXST after the transaction. In another insider transaction, Thunen Shelley B sold 10,000 shares at $56.37 per share on Mar 01 ’24. Company shares held by the Chief Financial Officer now total 13,691.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, RXST has a high of $61.85 and a low of $18.09.

As of this writing, RXST has an earnings estimate of -$0.27 per share for the current quarter. EPS was calculated based on a consensus of 8.0 estimates, with a high estimate of -$0.07 per share and a lower estimate of -$0.32. The company reported an EPS of -$0.42 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. RXST’s latest balance sheet shows that the firm has $159.33M in Cash & Short Term Investments as of fiscal 2021. There were $44.93M in debt and $11.08M in liabilities at the time. Its Book Value Per Share was $4.44, while its Total Shareholder’s Equity was $138.24M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RXST is Buy with a score of 4.88.

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