CRCT Stock Price, Cricut, Inc. Quote, Chart

Market Summary

USD5.32-0.06

Market Closed

-1.12%

CRCT Stock Price

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CRCT RSI Chart

CRCT Valuation

Market Cap

1.2B

Price/Earnings (Trailing)

21.86

Price/Sales (Trailing)

1.53

EV/EBITDA

9.35

Price/Free Cashflow

4.07

CRCT Price/Sales (Trailing)

CRCT Profitability

Operating Margin

44.87%

EBT Margin

10.43%

Return on Equity

10.03%

Return on Assets

7.15%

Free Cashflow Yield

24.57%

CRCT Fundamentals

CRCT Revenue

Revenue (TTM)

765.1M

Rev. Growth (Yr)

-17.64%

Rev. Growth (Qtr)

32.21%

CRCT Earnings

Earnings (TTM)

53.6M

Earnings Growth (Yr)

3.65%

Earnings Growth (Qtr)

-34.47%

Breaking Down CRCT Revenue

Last 7 days

3.5%

Last 30 days

13.0%

Last 90 days

-1.3%

Trailing 12 Months

-36.2%

How does CRCT drawdown profile look like?

CRCT Financial Health

Current Ratio

3.16

CRCT Investor Care

Buy Backs (1Y)

0.79%

Diluted EPS (TTM)

0.24

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	822.7M	816.7M	814.7M	765.1M
2022	1.2B	1.1B	993.4M	886.3M
2021	1.1B	1.2B	1.3B	1.3B
2020	604.7M	722.8M	840.9M	959.0M
2019	0	0	0	486.6M

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Cricut, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 22, 2024	petrus trust company, lta	acquired	-	-	683,265	-
Mar 22, 2024	petrus trust company, lta	sold	-	-	-683,265	-
Mar 07, 2024	abdiel capital management, llc	sold	-848,241	4.45	-190,616	-
Mar 07, 2024	abdiel capital management, llc	sold	-22,621,000	4.45	-5,083,360	-
Feb 21, 2024	abdiel capital management, llc	sold	-175,740	4.83	-36,385	-
Feb 21, 2024	abdiel capital management, llc	sold	-4,654,260	4.83	-963,615	-
Feb 20, 2024	ashish arora	sold (taxes)	-564,986	5.23	-108,028	chief executive officer
Feb 20, 2024	harmer ryan	sold (taxes)	-24,152	5.23	-4,618	principal accounting officer
Feb 20, 2024	olsen donald b.	sold (taxes)	-48,597	5.23	-9,292	evp, general counsel & sec.
Feb 20, 2024	shill kimball c	sold (taxes)	-93,946	5.23	-17,963	chief financial officer

Which funds bought or sold CRCT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 29, 2024	COMMONWEALTH EQUITY SERVICES, LLC	added	0.17	-319,000	835,000	-%
Apr 29, 2024	PRINCIPAL FINANCIAL GROUP INC	new	-	146,917	146,917	-%
Apr 25, 2024	SIMPLEX TRADING, LLC	added	208	2,000	4,000	-%
Apr 25, 2024	nVerses Capital, LLC	new	-	104,720	104,720	0.25%
Apr 25, 2024	Chicago Partners Investment Group LLC	reduced	-44.71	-108,744	131,672	0.01%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-4.06	-413,729	933,722	-%
Apr 25, 2024	Zurcher Kantonalbank (Zurich Cantonalbank)	unchanged	-	-3,536	9,196	-%
Apr 24, 2024	Simplicity Wealth,LLC	new	-	77,897	77,897	-%
Apr 24, 2024	Newbridge Financial Services Group, Inc.	unchanged	-	-595	1,547	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-76.18	-37,000	8,000	-%

Are Funds Buying or Selling CRCT?

Are funds buying CRCT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CRCT

No. of Funds

Unveiling Cricut, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	abdiel qualified master fund lp	-	0	SC 13G/A
Feb 13, 2024	ashish arora	37.58%	30,698,039	SC 13G/A
Feb 13, 2024	petrus trust company, lta	70.92%	125,614,741	SC 13G/A
Feb 13, 2024	vanguard group inc	6.29%	3,298,710	SC 13G/A
Feb 08, 2024	morgan stanley	3.7%	1,956,436	SC 13G/A
Jan 29, 2024	blackrock inc.	6.4%	3,339,899	SC 13G
Jan 16, 2024	abdiel qualified master fund lp	11.5%	0	SC 13G/A
Dec 19, 2023	abdiel qualified master fund lp	17.3%	0	SC 13G
Dec 05, 2023	abdiel qualified master fund lp	20.4%	10,704,678	SC 13D/A
Nov 24, 2023	abdiel qualified master fund lp	23.2%	12,152,773	SC 13D/A

Recent SEC filings of Cricut, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	ARS	ARS
Apr 03, 2024	DEF 14A	DEF 14A
Apr 03, 2024	DEFA14A	DEFA14A
Mar 25, 2024	4	Insider Trading
Mar 25, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	SC 13G/A	Major Ownership Report
Mar 07, 2024	S-8	Employee Benefits Plan
Mar 06, 2024	10-K	Annual Report
Mar 05, 2024	8-K	Current Report

Peers (Alternatives to Cricut, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	193.5B	57.2B	-4.27%	1.12%	14.4	3.38	7.66%	18.93%
ANET	82.4B	5.9B	-9.07%	64.63%	39.49	14.07	33.75%	54.34%
HPQ	27.7B	53.1B	-6.45%	-4.85%	8.11	0.52	-11.04%	34.01%
HPE	22.3B	29.1B	-3.10%	19.97%	11.03	0.77	2.24%	133.29%
LOGI	12.5B	4.2B	-11.11%	33.60%	25.75	2.95	-11.68%	12.69%
JNPR	11.3B	5.3B	-5.15%	16.58%	50.36	2.11	-2.96%	-55.26%
MID-CAP
UI	6.6B	1.9B	-5.95%	-52.83%	17.7	3.51	4.69%	6.86%
BDC	3.5B	2.5B	-8.82%	7.04%	14.3	1.38	-3.62%	-4.73%
LITE	2.9B	1.4B	-8.09%	-9.80%	-11.01	2.04	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.5B	1.3B	0.09%	-35.04%	18.53	1.1	14.09%	64.56%
AAOI	392.4M	217.6M	-26.26%	426.80%	-7	1.8	-2.32%	15.59%
ADTN	359.2M	1.1B	-16.54%	-50.22%	-1.34	0.31	12.05%	-13041.29%
ALOT	135.1M	148.1M	0.22%	21.41%	28.79	0.91	3.90%	76.40%
AKTS	56.2M	29.7M	-3.39%	-80.00%	-0.81	1.89	39.86%	-13.06%
AIRG	55.7M	56.0M	-2.75%	-9.71%	-4.48	0.99	-26.16%	-43.53%

Cricut, Inc. News

Latest updates

Cricut, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																	(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	32.2%	231	175	178	181	281	177	184	245	388	260	334	324	371	209	235	144	-
Cost Of Revenue	44.3%	134	93.00	90.00	105	197	95.00	98.00	146	283	158	204	204	246	119	162	99.00	-
Gross Profit	18.4%	97.00	82.00	88.00	77.00	84.00	82.00	85.00	99.00	105	102	130	120	125	90.00	73.00	45.00	-
Operating Expenses	38.2%	81.00	58.00	68.00	66.00	73.00	64.00	65.00	68.00	79.00	64.00	66.00	56.00	45.00	32.00	28.00	27.00	-
S&GA Expenses	26.1%	36.00	28.00	29.00	30.00	37.00	29.00	32.00	33.00	43.00	30.00	33.00	27.00	24.00	14.00	13.00	12.00	-
R&D Expenses	-5.8%	15.00	16.00	16.00	18.00	18.00	19.00	20.00	21.00	23.00	21.00	21.00	16.00	11.00	10.00	9.00	9.00	-
EBITDA Margin	13.8%	0.14*	0.13*	0.12*	0.11*	0.12*	0.12*	0.13*	0.15*	0.16*	0.20*	0.23*	0.23*	0.22*	0.07*	0.09*	0.10*	0.13*
Interest Expenses	-	0.00	-	-	-	0.00	-	-	-	0.00	-	0.00	0.00	0.00	0.00	1.00	1.00	-
Income Taxes	-13.7%	7.00	8.00	7.00	4.00	2.00	5.00	7.00	8.00	14.00	8.00	15.00	15.00	18.00	12.00	11.00	4.00	-
Earnings Before Taxes	-27.5%	19.00	26.00	23.00	13.00	13.00	18.00	20.00	31.00	26.00	38.00	64.00	65.00	80.00	57.00	45.00	17.00	-
EBT Margin	15.0%	0.10*	0.09*	0.08*	0.08*	0.09*	0.10*	0.11*	0.13*	0.15*	0.19*	0.21*	0.22*	0.21*	0.06*	0.07*	0.08*	0.10*
Net Income	-34.5%	11.00	17.00	16.00	9.00	11.00	12.00	14.00	24.00	12.00	30.00	49.00	49.00	61.00	45.00	35.00	13.00	-
Net Income Margin	7.3%	0.07*	0.07*	0.06*	0.06*	0.07*	0.06*	0.07*	0.09*	0.11*	0.15*	0.17*	0.17*	0.16*	0.05*	0.05*	0.06*	0.08*
Free Cashflow	152.8%	92.00	36.00	64.00	95.00	117	-12.38	-2.57	16.00	27.00	-77.80	-32.03	-21.96	61.00	72.00	109	6.00	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet													(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	4.3%	750	719	898	846	950	920	947	966	1,006	981	974	840	581
Current Assets	5.8%	620	586	763	707	811	803	825	880	928	922	925	796	539
Cash Equivalents	96.0%	142	73.00	286	232	225	124	148	246	242	224	314	337	122
Inventory	-	278	-	-	-	381	-	-	483	454	525	427	302	249
Net PPE	-17.9%	48.00	58.00	58.00	61.00	63.00	63.00	63.00	60.00	53.00	53.00	43.00	37.00	33.00
Liabilities	11.7%	215	193	416	152	277	177	218	260	332	327	361	302	352
Current Liabilities	12.9%	196	174	395	130	254	154	193	233	308	319	353	295	347
Shareholder's Equity	1.6%	535	526	482	694	673	743	728	707	674	653	614	538	229
Retained Earnings	65.5%	29.00	17.00	-	9.00	-	6.00	-6.23	-20.06	-43.56	-55.48	-85.49	-134	-184
Additional Paid-In Capital	-0.7%	506	509	483	685	673	737	735	727	717	708	699	673	413
Shares Outstanding	-0.9%	218	220	220	219	220	214	214	212	209	208	208	207	208
Float	-	-	-	592	-	-	-	373	-	-	-	2,360	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Cashflow From Operations	152.8%	92,071	36,414	64,443	95,169	117,053	-12,376	-2,573	15,579	26,844	-77,798	-32,032	-21,963	60,824	72,135	108,831	6,437	-
Share Based Compensation	0.4%	12,537	12,482	11,886	10,421	10,491	11,270	10,402	8,958	10,133	8,146	8,110	11,685	4,523	2,187	1,328	1,446	-
Cashflow From Investing	84.7%	-4,780	-31,173	-5,084	-7,741	-6,858	558	-91,762	-9,807	-7,447	-12,215	-8,285	-7,839	-4,959	-4,614	-4,516	-7,753	-
Cashflow From Financing	91.8%	-17,861	-218,715	-5,531	-80,078	-9,593	-11,623	-3,389	-1,642	-1,746	-23.00	16,915	245,098	-1,288	-73,159	-73,178	36,710	-
Dividend Payments	-99.9%	310	218,012	277	75,531	-	-	-	-	-	-	-	-	-	-	-	-	-
Buy Backs	4432.6%	15,774	348	967	3,244	8,610	9,970	-	-	-	-10.00	-150	160	-3,038	676	1,630	732	-

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CRCT Income Statement

2023-12-31

Consolidated Statements of Operations and Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue:
Revenue	$ 765,147	$ 886,296	$ 1,306,227
Cost of revenue:
Cost of revenue	421,854	536,403	848,777
Gross profit	343,293	349,893	457,450
Operating expenses:
Research and development	65,048	76,914	79,814
Sales and marketing	123,169	130,379	133,963
General and administrative	85,091	62,647	51,268
Total operating expenses	273,308	269,940	265,045
Income from operations	69,985	79,953	192,405
Other income (expense):
Interest income	7,976	1,809	181
Interest expense	(323)	(289)	(298)
Other income	2,145	508	85
Total other income (expense), net	9,798	2,028	(32)
Income before provision for income taxes	79,783	81,981	192,373
Provision for income taxes	26,147	21,315	51,900
Net income	53,636	60,666	140,473
Other comprehensive income (loss):
Change in net unrealized gains (losses) on marketable securities, net of tax	711	(300)	0
Change in foreign currency translation adjustment	41	(120)	(64)
Comprehensive income	$ 54,388	$ 60,246	$ 140,409
Earnings per share, basic (in dollars per share)	$ 0.25	$ 0.28	$ 0.67
Earnings per share, diluted (in dollars per share)	$ 0.24	$ 0.28	$ 0.64
Weighted-average common shares outstanding, basic (in shares)	216,892,525	214,458,284	208,833,827
Weighted-average common shares outstanding, diluted (in shares)	219,722,063	220,588,789	219,776,069
Connected machines
Revenue:
Revenue	$ 198,312	$ 252,563	$ 548,205
Cost of revenue:
Cost of revenue	172,571	244,260	484,025
Subscriptions
Revenue:
Revenue	303,989	272,344	205,858
Cost of revenue:
Cost of revenue	32,346	26,375	21,961
Accessories and materials
Revenue:
Revenue	262,846	361,389	552,164
Cost of revenue:
Cost of revenue	$ 216,937	$ 265,768	$ 342,791

CRCT Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 142,187	$ 224,943
Marketable securities	102,952	74,256
Accounts receivable, net	111,247	136,539
Inventories	244,469	351,682
Prepaid expenses and other current assets	19,114	23,842
Total current assets	619,969	811,262
Property and equipment, net	47,614	63,407
Operating lease right-of-use assets	12,353	17,078
Intangible assets, net	0	760
Deferred tax assets	34,823	23,819
Other assets	35,363	33,301
Total assets	750,122	949,627
Current liabilities:
Accounts payable	76,860	63,195
Accrued expenses and other current liabilities	71,933	69,775
Deferred revenue, current portion	40,304	34,869
Operating lease liabilities, current portion	5,230	5,436
Dividends payable, current portion	2,137	80,781
Total current liabilities	196,464	254,056
Operating lease liabilities, net of current portion	8,938	13,935
Deferred revenue, net of current portion	2,931	3,789
Other non-current liabilities	6,916	5,112
Total liabilities	215,249	276,892
Commitments and contingencies (Note 13)
Stockholders’ equity:
Preferred stock, par value $0.001 per share, 100,000,000 shares authorized, and no shares issued and outstanding as of December 31, 2023 and December 31, 2022.	0	0
Common stock, par value $0.001 per share, 1,250,000,000 shares authorized as of December 31, 2023, 217,915,713 and 219,656,587 shares issued and outstanding as of December 31, 2023 and 2022, respectively.	218	220
Additional paid-in capital	505,864	672,990
Retained earnings	28,514	0
Accumulated other comprehensive income (loss)	277	(475)
Total stockholders’ equity	534,873	672,735
Total liabilities and stockholders’ equity	$ 750,122	$ 949,627

About Cricut, Inc.

Cricut, Inc. engages in the design and marketing of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates in three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines include Cricut Joy for personalization, organization, and customization; Cricut Explore family for cutting, writing, and scoring; and Cricut Maker family for cutting, writing, scoring, and adding decorative effects to various materials, such as paper, vinyl, pens, leather, and others. The company also provides Cricut Access and Cricut Access Premium subscription offerings, and in-app purchases; and a software that integrates its connected machines and design apps comprising Cricut Joy App, Design Space, and other apps. In addition, it offers a range of accessories and materials, such as Cricut EasyPress, Cricut Mug Press, various hand tools, machine replacement tools and blades, and project materials. The company offers its products through its third-party brick-and-mortar and online retail partners; and its website cricut.com, as well as through a network of distributors. It operates in the United States, the United Kingdom, Ireland, Australia, New Zealand, and Western Europe, as well as the Middle East, Latin America, South Africa, and Asia. The company was formerly known as Provo Craft & Novelty, Inc. and changed its name to Cricut, Inc. in March 2018. The company was incorporated in 1969 and is headquartered in South Jordan, Utah.

CEO	Mr. Ashish Arora
WEBSITE	https://cricut.com
INDUSTRY	Computer Hardware
EMPLOYEES	680

Cricut, Inc. Frequently Asked Questions

What is the ticker symbol for Cricut, Inc.? What does CRCT stand for in stocks?

CRCT is the stock ticker symbol of Cricut, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cricut, Inc. (CRCT)?

As of Mon Apr 29 2024, market cap of Cricut, Inc. is 1.17 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CRCT stock?

You can check CRCT's fair value in chart for subscribers.

What is the fair value of CRCT stock?

You can check CRCT's fair value in chart for subscribers. The fair value of Cricut, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cricut, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CRCT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cricut, Inc. a good stock to buy?

The fair value guage provides a quick view whether CRCT is over valued or under valued. Whether Cricut, Inc. is cheap or expensive depends on the assumptions which impact Cricut, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CRCT.

What is Cricut, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 29 2024, CRCT's PE ratio (Price to Earnings) is 21.86 and Price to Sales (PS) ratio is 1.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CRCT PE ratio will change depending on the future growth rate expectations of investors.