AirSculpt Technologies (NASDAQ:AIRS) Announces Earnings Results

AirSculpt Technologies (NASDAQ:AIRS - Get Free Report) released its quarterly earnings results on Friday. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.03), FiscalAI reports. AirSculpt Technologies had a negative net margin of 8.79% and a negative return on equity of 15.63%. The company had revenue of $34.99 million during the quarter, compared to analyst estimates of $39.80 million. AirSculpt Technologies updated its FY 2025 guidance to EPS.Get AirSculpt Technologies alerts:AirSculpt Technologies Stock Down 41.7%Shares of AirSculpt Technologies stock traded down $4.37 during trading hours on Friday, reaching $6.12. 8,779,779 shares of the company's stock were exchanged, compared to its average volume of 1,099,681. The stock has a market cap of $382.11 million, a P/E ratio of -24.48 and a beta of 2.57. The company has a 50 day moving average of $8.23 and a two-hundred day moving average of $6.04. The company has a current ratio of 0.64, a quick ratio of 0.64 and a debt-to-equity ratio of 0.58. AirSculpt Technologies has a fifty-two week low of $1.53 and a fifty-two week high of $12.00. Institutional Inflows and OutflowsSeveral institutional investors have recently made changes to their positions in the stock. Invesco Ltd. bought a new stake in shares of AirSculpt Technologies during the 1st quarter worth approximately $56,000. Creative Planning increased its holdings in AirSculpt Technologies by 32.2% during the second quarter. Creative Planning now owns 13,225 shares of the company's stock worth $64,000 after buying an additional 3,224 shares during the last quarter. WINTON GROUP Ltd acquired a new position in AirSculpt Technologies during the second quarter worth $106,000. Jane Street Group LLC bought a new stake in AirSculpt Technologies during the second quarter worth $60,000. Finally, Balyasny Asset Management L.P. lifted its stake in AirSculpt Technologies by 128.5% in the second quarter. Balyasny Asset Management L.P. now owns 1,113,843 shares of the company's stock valued at $5,380,000 after acquiring an additional 626,309 shares during the last quarter. Institutional investors and hedge funds own 91.54% of the company's stock. Analysts Set New Price TargetsSeparately, Weiss Ratings reiterated a "sell (e+)" rating on shares of AirSculpt Technologies in a report on Tuesday, October 14th. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $3.75.View Our Latest Report on AirSculpt TechnologiesAirSculpt Technologies Company Profile (Get Free Report)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.See AlsoFive stocks we like better than AirSculpt TechnologiesWhat Investors Must Know About Over-the-Counter (OTC) Stockse.l.f. Sell-Off Is a Good Time to Buy, According to AnalystsWhat Are Growth Stocks and Investing in Them T-Mobile Is The Most Oversold Mega-Cap Stock—Time to Buy?Airline Stocks - Top Airline Stocks to Buy NowQualcomm Earnings Surprise Wall Street—Here’s What Q4 Could DeliverThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in AirSculpt Technologies Right Now?Before you consider AirSculpt Technologies, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AirSculpt Technologies wasn't on the list.While AirSculpt Technologies currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here