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Cutera Inc Stock Research

CUTR

34.21USD-0.03(-0.09%)Market Closed

Market Summary

USD34.21-0.03
Market Closed
-0.09%

CUTR Stock Price

CUTR RSI Chart

CUTR Valuation

Market Cap

670.8M

Price/Earnings (Trailing)

-8.55

Price/Sales (Trailing)

2.68

EV/EBITDA

-8.6

Price/Free Cashflow

-10.81

CUTR Price/Sales (Trailing)

CUTR Profitability

EBT Margin

-30.77%

Return on Equity

-506.56%

Return on Assets

-18.33%

Free Cashflow Yield

-9.25%

CUTR Fundamentals

CUTR Revenue

Revenue (TTM)

250.7M

Revenue Y/Y

9.45%

Revenue Q/Q

-2.2%

CUTR Earnings

Earnings (TTM)

-78.5M

Earnings Y/Y

-772.95%

Earnings Q/Q

74.33%

Price Action

52 Week Range

26.5274.38
(Low)(High)

Last 7 days

-1.3%

Last 30 days

-19.4%

Last 90 days

-25.9%

Trailing 12 Months

6.5%

CUTR Financial Health

Current Ratio

3.73

CUTR Investor Care

Shares Dilution (1Y)

9.27%

Diluted EPS (TTM)

-4.21

Peers (Alternatives to Cutera)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
109.8B
30.8B
8.23% -18.87%
25.41
3.57
-3.11% -8.22%
87.4B
6.1B
-5.50% -5.90%
63.39
14.28
11.47% -18.42%
48.4B
5.4B
6.88% -23.36%
33.18
9.02
5.29% -1.25%
21.0B
3.9B
33.54% -40.92%
41.17
5.44
1.87% -30.98%
20.0B
4.9B
10.48% 21.61%
15.4
4.12
-13.66% -30.36%
MID-CAP
9.5B
829.9M
13.76% 26.81%
-311.23
11.44
16.81% -196.18%
6.2B
2.6B
17.46% -7.39%
29.46
2.44
3.51% -38.66%
3.0B
1.0B
2.66% -23.77%
-31.8
2.86
0.09% 77.40%
2.9B
1.1B
12.17% -26.24%
-35.34
2.74
7.99% -232.91%
2.2B
71.8M
17.41% 378.99%
-52.31
30.74
154.25% -11.37%
SMALL-CAP
1.6B
153.2M
9.21% 35.48%
-21.19
10.49
29.47% -132.64%
1.4B
795.9M
13.12% 3.88%
31.99
1.77
8.11% 183.97%
1.0B
154.8M
38.64% -9.58%
-9.65
6.48
60.29% -2309.58%
523.7M
365.6M
19.38% -21.23%
-10.47
1.43
2.81% -538.05%
70.4M
510.5M
73.54% -73.23%
-0.75
0.14
-26.64% -46.15%

Financials for Cutera

Income Statement (Last 12 Months)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.2%250,675,000245,251,000239,616,000231,270,000215,584,000
Gross Profit0.6%139,261,000138,438,000137,183,000133,105,000122,990,000
Operating Expenses6.7%173,944,000163,062,000149,675,000131,275,000117,688,000
  S&GA Expenses7.7%102,527,00095,229,00086,638,00076,762,00067,324,000
  R&D Expenses2.3%26,551,00025,964,00023,955,00021,568,00018,793,000
EBITDA-14.9%-72,689,000.00-63,281,000.00-7,022,000.007,199,000-
EBITDA Margin-12.4%-0.29-0.26-0.030.03-
Earnings Before Taxes-15.5%-77,132,000.00-66,753,000.00-11,423,000.003,385,0008,289,000
EBT Margin-13.0%-0.31-0.27-0.050.01-
Interest Expenses28.0%4,443,0003,472,0003,101,0002,514,0001,737,000
Net Income-15.9%-78,487,000.00-67,743,000.00-12,721,000.002,062,0008,185,000
Net Income Margin-13.4%-0.31-0.28-0.050.01-
Free Cahsflow-45.8%-62,045,000.00-42,551,000.00-30,857,000.00220,000-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.0%428424267280268
  Current Assets-1.9%366373237250242
    Cash Equivalents-38.9%467558164162
  Inventory23.2%5645524035
  Goodwill0%11111
Liabilities3.1%413400224224213
  Current Liabilities14.6%9886747463
Shareholder's Equity-35.1%1524435755
  Retained Earnings-10.1%-132.72-120.59-73.31-58.17-54.24
  Additional Paid-In Capital2.7%149145116115110
Shares Outstanding0.2%2020181818
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-40.5%-47.30-33.67-29.6213
  Share Based Compensation2.9%1817151311
Cashflow From Investing-3.7%-220.02-212.19-75.27-0.9412
Cashflow From Financing-0.6%151152-1.60118118

Risks for CUTR

What is the probability of a big loss on CUTR?

94.2%


Probability that Cutera stock will be more than 20% underwater in next one year

75.4%


Probability that Cutera stock will be more than 30% underwater in next one year.

54.6%


Probability that Cutera stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CUTR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Cutera was unfortunately bought at previous high price.

Drawdowns

Returns for CUTR

Cumulative Returns on CUTR

12.1%


10-Year Cumulative Returns

17.2%


7-Year Cumulative Returns

-7.8%


5-Year Cumulative Returns

5.9%


3-Year Cumulative Returns

What are the long-term rolling returns for CUTR?

FIve years rolling returns for Cutera.

Annualized Returns

Which funds bought or sold CUTR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
NJ State Employees Deferred Compensation Plan
unchanged
-
-13,800
442,200
0.07%
2023-01-26
HANSEATIC MANAGEMENT SERVICES INC
unchanged
-
-
4,000
0.01%
2023-01-26
OREGON PUBLIC EMPLOYEES RETIREMENT FUND
added
0.32
-7,599
262,401
-%
2023-01-26
Calamos Advisors LLC
new
-
1,232,280
1,232,280
0.01%
2023-01-26
State of Tennessee, Treasury Department
reduced
-42.31
-119,000
280,000
-%
2023-01-26
COMERICA BANK
reduced
-22.55
-263,000
363,000
-%
2023-01-26
GREENWOOD CAPITAL ASSOCIATES LLC
reduced
-7.08
-140,185
1,279,820
0.21%
2023-01-25
FIFTH THIRD BANCORP
added
24.39
510
4,510
-%
2023-01-25
WHITTIER TRUST CO
unchanged
-
-312
17,688
-%
2023-01-25
Lindbrook Capital, LLC
reduced
-33.58
-6,282
11,718
-%

1–10 of 47

Latest Funds Activity

Are funds buying CUTR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CUTR
No. of Funds

Cutera News

Marketing Sentinel

Cutera Inc. (NASDAQ:CUTR) At $34.21: Does It Look Expensive?.

Marketing Sentinel,
21 hours ago

Defense World

Simply Wall St

InvestorsObserver

Zacks Investment Research

Simply Wall St

Schedule 13G FIlings of Cutera

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 26, 2023
blackrock inc.
14.0%
2,749,472
SC 13G/A
Jan 20, 2023
blackrock inc.
14.0%
2,749,472
SC 13G
Sep 14, 2022
gamco investors, inc. et al
3.09%
610,369
SC 13D/A
May 27, 2022
integrated core strategies (us) llc
7.0%
1,269,055
SC 13G
May 26, 2022
voce capital management llc
6.7%
1,210,224
SC 13D/A
Feb 14, 2022
pura vida investments, llc
8.96%
1,608,211
SC 13G/A
Feb 14, 2022
rtw investments, lp
7.8%
1,397,063
SC 13G/A
Feb 09, 2022
vanguard group inc
6.34%
1,138,961
SC 13G/A
Feb 02, 2022
victory capital management inc
07%
12,185
SC 13G/A
Jan 28, 2022
blackrock inc.
14.7%
2,635,306
SC 13G/A

CUTR Fair Value

Recent SEC filings of Cutera

View All Filings
Date Filed Form Type Document
Jan 26, 2023
SC 13G/A
Major Ownership Report
Jan 20, 2023
SC 13G
Major Ownership Report
Jan 09, 2023
8-K
Current Report
Jan 04, 2023
4
Insider Trading
Jan 04, 2023
4
Insider Trading
Jan 04, 2023
4
Insider Trading
Dec 12, 2022
8-K
Current Report
Dec 07, 2022
8-K
Current Report
Dec 01, 2022
4
Insider Trading
Dec 01, 2022
4
Insider Trading

Latest Insider Trading transactions for CUTR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-03
Seth Rohan
acquired
-
-
4,582
chief financial officer
2023-01-03
Karavitis Michael
acquired
-
-
4,837
evp, chief technology officer
2023-01-03
Seth Rohan
sold (taxes)
-116,012
42.73
-2,715
chief financial officer
2023-01-03
Mowry David H
sold (taxes)
-273,216
42.73
-6,394
chief executive officer
2023-01-03
Karavitis Michael
sold (taxes)
-169,296
42.73
-3,962
evp, chief technology officer
2023-01-03
Mowry David H
acquired
-
-
8,147
chief executive officer
2022-12-01
Mowry David H
sold (taxes)
-8,494.9
49.97
-170
chief executive officer
2022-12-01
Karavitis Michael
sold (taxes)
-2,448.53
49.97
-49
evp, chief technology officer
2022-12-01
Seth Rohan
sold (taxes)
-2,548.47
49.97
-51
chief financial officer
2022-11-01
Karavitis Michael
sold (taxes)
-2,264.25
45.285
-50
evp, chief technology officer

1–10 of 50

David H. Mowry
460
Cutera, Inc., a medical device company, researches, develops, manufactures, markets, and services laser and energy-based aesthetics systems for practitioners worldwide. The company offers Secret PRO, a device that utilizes fractional CO2 for skin resurfacing and radio frequency (RF) microneedling for deep dermal remodeling; truSculpt flex, a bio-electrical muscle stimulation device to treat patients at all fitness levels; excel V+, a vascular and benign pigmented lesion treatment platform; truSculpt iD, for the non-surgical body sculpting market; and Secret RF, a fractional RF microneedling system for tissue coagulation and hemostasis. It also provides enlighten platform, a laser system that is used for tattoo removal, as well as to treat benign pigmented lesions and acne scars; excel HR platform, a hair removal solution for various skin types; and xeo platform, a multi-application platform on which a customer purchases hand piece applications for the removal of unwanted hair, treatment of vascular lesions, and skin revitalization by treating discoloration, fine lines, and laxity. In addition, the company distributes skincare products; and offers post-warranty services through extended service contracts or direct billing. Further, it provides pulsed light hand pieces for the treatment of discoloration, hair removal, and vascular treatments; and Pearl and Pearl Fractional hand pieces, as well as sells hand piece refills, cycle refills, consumable tips, and marketing brochures through the company's website. The company markets and sells its products through direct sales force to plastic surgeons, dermatologists, gynecologists, family practitioners, primary care physicians, and other qualified practitioners, as well as for physicians performing aesthetic treatments in non-medical offices. Cutera, Inc. was incorporated in 1988 and is headquartered in Brisbane, California.

CUTR Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net revenue:    
Total net revenue$ 62,808$ 57,384$ 185,046$ 165,641
Cost of revenue:    
Total cost of revenue28,56023,95983,96670,717
Gross profit34,24833,425101,08094,924
Operating expenses:    
Sales and marketing26,48819,19078,43352,668
Research and development6,3895,80219,74714,764
General and administrative10,8047,80735,55423,633
Total operating expenses43,68132,799133,73491,065
(Loss) income from operations(9,433)626(32,654)3,859
Interest and other (expense) income, net:    
Amortization of debt issuance costs(400)(225)(917)(492)
Interest on convertible notes(1,739)(768)(3,666)(1,737)
Other income (expense), net265(561)(2,018)(1,976)
Total interest and other (expense) income, net(1,874)(1,554)(41,024)2,980
(Loss) income before income taxes(11,307)(928)(73,678)6,839
Income tax expense827462874842
Net (loss) income$ (12,134)$ (1,390)$ (74,552)$ 5,997
Net (loss) income per share:    
Basic (USD per share)$ (0.62)$ (0.08)$ (3.95)$ 0.34
Diluted (USD per share)$ (0.62)$ (0.08)$ (3.95)$ 0.33
Weighted-average number of shares used in per share calculations:    
Basic (in shares)19,59317,94518,89717,860
Diluted (in shares)19,59317,94518,89718,327
Convertible notes    
Interest and other (expense) income, net:    
Gain (loss) on extinguishment of debt$ 0$ 0$ (34,423)$ 0
PPP Loan    
Interest and other (expense) income, net:    
Gain (loss) on extinguishment of debt0007,185
Total product revenue    
Net revenue:    
Total net revenue56,54050,694167,195146,056
Cost of revenue:    
Total cost of revenue25,25520,25974,06659,483
Service    
Net revenue:    
Total net revenue6,2686,69017,85119,585
Cost of revenue:    
Total cost of revenue$ 3,305$ 3,700$ 9,900$ 11,234

CUTR Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 45,880$ 164,164
Marketable investments204,9460
Accounts receivable, net of allowance for credit losses of $1,504 and $899, respectively35,87631,449
Inventories, net55,93839,503
Other current assets and prepaid expenses23,67214,545
Total current assets366,312249,661
Property and equipment, net34,4793,019
Deferred tax assets626778
Goodwill1,3391,339
Operating lease right-of-use assets13,03314,627
Other long-term assets11,66810,169
Restricted cash700700
Total assets428,157280,293
Current liabilities:  
Accounts payable34,1767,891
Accrued liabilities50,79154,100
Operating lease liabilities2,7122,419
Deferred revenue10,5799,490
Total current liabilities98,25873,900
Deferred revenue, net of current portion1,8221,335
Operating lease liabilities, net of current portion11,64213,483
Convertible notes, net of unamortized debt issuance costs of $8,869 and $4,007, respectively300,256134,243
Other long-term liabilities685763
Total liabilities412,663223,724
Commitments and Contingencies (Note 13)
Stockholders’ equity:  
Common stock, $0.001 par value; authorized: 50,000,000 shares; issued and outstanding: 19,607,751 and 17,995,344 shares at September 30, 2022 and December 31, 2021, respectively2018
Additional paid-in capital148,535114,724
Accumulated other comprehensive loss(336)0
Accumulated deficit(132,725)(58,173)
Total stockholders’ equity15,49456,569
Total liabilities and stockholders’ equity$ 428,157$ 280,293