AirSculpt Technologies (NASDAQ:AIRS) Now Covered by BTIG Research

Investment analysts at BTIG Research initiated coverage on shares of AirSculpt Technologies (NASDAQ:AIRS) in a research report issued on Thursday, Briefing.com reports. The brokerage set a “neutral” rating on the stock.

AirSculpt Technologies Stock Up 2.3 %

Shares of NASDAQ:AIRS opened at $5.82 on Thursday. The stock has a market capitalization of $335.06 million, a price-to-earnings ratio of 291.00 and a beta of 1.60. AirSculpt Technologies has a 1-year low of $2.92 and a 1-year high of $8.30. The company’s fifty day moving average is $4.51 and its two-hundred day moving average is $4.60. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.86 and a current ratio of 0.86.

AirSculpt Technologies (NASDAQ:AIRS) last issued its earnings results on Friday, August 9th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.07). The business had revenue of $51.00 million for the quarter, compared to analyst estimates of $55.50 million. AirSculpt Technologies had a positive return on equity of 6.42% and a negative net margin of 1.77%. Equities analysts anticipate that AirSculpt Technologies will post 0.15 EPS for the current year.

Institutional Trading of AirSculpt Technologies

Large investors have recently modified their holdings of the company. SW Investment Management LLC increased its holdings in shares of AirSculpt Technologies by 5.0% in the 2nd quarter. SW Investment Management LLC now owns 4,500,000 shares of the company’s stock worth $18,000,000 after acquiring an additional 213,677 shares during the period. Riverview Trust Co acquired a new stake in shares of AirSculpt Technologies in the 1st quarter worth about $26,000. Vanguard Group Inc. increased its holdings in shares of AirSculpt Technologies by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 576,038 shares of the company’s stock worth $3,537,000 after acquiring an additional 5,606 shares during the period. Finally, FourWorld Capital Management LLC acquired a new stake in shares of AirSculpt Technologies in the 1st quarter worth about $557,000. Institutional investors and hedge funds own 91.54% of the company’s stock.

About AirSculpt Technologies

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.