BTIG Sticks to Their Buy Rating for Establishment Labs Holdings Inc

BTIG Sticks to Their Buy Rating for Establishment Labs Holdings Inc

May 08, 2020


BTIG analyst Marie Thibault reiterated a Buy rating on Establishment Labs Holdings (NASDAQ:ESTA) Inc on Thursday, setting a price target of $35, which is approximately 95.20% above the present share price of $17.93.

Thibault expects Establishment Labs Holdings Inc to post earnings per share (EPS) of -$0.27 for the second quarter of 2020.

The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Establishment Labs Holdings, with an average price target of $35.
The analysts price targets range from a high of $35 to a low of $35.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $24.25 million and a net profit of -$4.41 million. The company's market cap is $417.56 million.

According to TipRanks.com, BTIG analyst Marie Thibault is a 3-star analyst with an average return of 5.2% and a 40.0% success rate.

Establishment Labs Holdings, Inc. engages in the design, development, manufacture, and marketing of silicone breast implants. It offers its products under Motiva Implants brand. The company was founded by Juan Jose Chacon-Quiros in 2013 and is headquartered in Alajuela, Costa Rica.

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