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Cutera, Inc. (NASDAQ:CUTR - Get Rating) has earned a consensus recommendation of "Hold" from the seven brokerages that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $61.20. Laser Ipl Machine

CUTR has been the subject of several analyst reports. StockNews.com initiated coverage on Cutera in a report on Wednesday, October 12th. They issued a "sell" rating for the company. Stephens dropped their target price on Cutera from $78.00 to $68.00 and set an "overweight" rating for the company in a report on Wednesday, December 28th. Finally, Cantor Fitzgerald cut Cutera from an "overweight" rating to a "neutral" rating and dropped their target price for the company from $85.00 to $33.00 in a report on Wednesday.Hedge Funds Weigh In On Cutera

Large investors have recently modified their holdings of the business. Mirador Capital Partners LP lifted its stake in Cutera by 2.9% during the 2nd quarter. Mirador Capital Partners LP now owns 9,863 shares of the medical device company's stock worth $370,000 after acquiring an additional 274 shares in the last quarter. New York State Common Retirement Fund lifted its stake in Cutera by 1.3% during the 3rd quarter. New York State Common Retirement Fund now owns 25,235 shares of the medical device company's stock worth $1,151,000 after acquiring an additional 329 shares in the last quarter. Prudential Financial Inc. lifted its stake in Cutera by 2.0% during the 2nd quarter. Prudential Financial Inc. now owns 17,625 shares of the medical device company's stock worth $708,000 after acquiring an additional 340 shares in the last quarter. Texas Permanent School Fund lifted its stake in Cutera by 3.1% during the 2nd quarter. Texas Permanent School Fund now owns 11,946 shares of the medical device company's stock worth $448,000 after acquiring an additional 361 shares in the last quarter. Finally, Mutual of America Capital Management LLC lifted its stake in Cutera by 17.8% during the 2nd quarter. Mutual of America Capital Management LLC now owns 2,775 shares of the medical device company's stock worth $104,000 after acquiring an additional 420 shares in the last quarter. Cutera Stock Down 3.9 %

Shares of CUTR opened at $29.83 on Wednesday. The company has a debt-to-equity ratio of 19.38, a quick ratio of 3.16 and a current ratio of 3.73. Cutera has a one year low of $29.49 and a one year high of $74.38. The stock has a market capitalization of $585.12 million, a price-to-earnings ratio of -7.09 and a beta of 1.68. The stock has a 50 day moving average price of $44.13 and a 200 day moving average price of $45.02.

Cutera (NASDAQ:CUTR - Get Rating) last issued its quarterly earnings results on Thursday, November 3rd. The medical device company reported ($0.62) EPS for the quarter, missing the consensus estimate of ($0.24) by ($0.38). The firm had revenue of $62.81 million for the quarter, compared to analysts' expectations of $62.65 million. Cutera had a negative return on equity of 225.70% and a negative net margin of 31.31%. Equities research analysts forecast that Cutera will post -2.39 earnings per share for the current fiscal year. About Cutera (Get Rating)

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.Featured StoriesGet a free copy of the StockNews.com research report on Cutera (CUTR)Nancy Pelosi Invested In These Stocks, Should You?Here’s Why Sotera Health Company Stock Just Doubled in a DayAT&T Stock: The Bull and the Bear Case Mobileye Expects $17.5 Billion Future For Its Driver Assist TechIs Salesforce's New Rally The Beginning Of A Big Uptrend?

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