Rxsight Inc's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 72/207 in the Healthcare Equipment & Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 10.00.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Rxsight Inc's Score
Industry at a Glance
Industry Ranking
72 / 207
Overall Ranking
191 / 4563
Industry
Healthcare Equipment & Supplies
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
11
analysts
Hold
Current Rating
10.000
Target Price
-20.38%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Rxsight Inc Highlights
StrengthsRisks
RxSight, Inc. is a commercial-stage medical technology company dedicated to providing customized vision to patients following cataract surgery. The Company's proprietary RxSight Light Adjustable Lens system (RxSight system) is commercially available premium cataract technology that enables doctors to customize and optimize visual acuity for patients after surgery. The RxSight system consists of its RxSight Light Adjustable Lens (LAL), the RxSight Light Delivery Device (LDD), and accessories. Its LAL is an intraocular lens (IOL) made of photosensitive material that changes shape in response to specific patterns of ultraviolet (UV) light generated by its LDD. In contrast, with the RxSight system, the surgeon implants the LAL during a standard cataract procedure, determines refractive error with patient input several weeks following surgery and then uses the LDD to modify the LAL with the precise visual correction needed to achieve the patient's desired vision outcomes.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 185.54% year-on-year.
Overvalued
The company’s latest PE is -12.47, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 38.67M shares, decreasing 19.32% quarter-over-quarter.
RxSight, Inc. is a commercial-stage medical technology company dedicated to providing customized vision to patients following cataract surgery. The Company's proprietary RxSight Light Adjustable Lens system (RxSight system) is commercially available premium cataract technology that enables doctors to customize and optimize visual acuity for patients after surgery. The RxSight system consists of its RxSight Light Adjustable Lens (LAL), the RxSight Light Delivery Device (LDD), and accessories. Its LAL is an intraocular lens (IOL) made of photosensitive material that changes shape in response to specific patterns of ultraviolet (UV) light generated by its LDD. In contrast, with the RxSight system, the surgeon implants the LAL during a standard cataract procedure, determines refractive error with patient input several weeks following surgery and then uses the LDD to modify the LAL with the precise visual correction needed to achieve the patient's desired vision outcomes.
Ticker SymbolRXST
CompanyRxsight Inc
CEOKurtz (Ron M)
Websitehttps://www.rxsight.com/
FAQs
What is the current price of Rxsight Inc (RXST)?
The current price of Rxsight Inc (RXST) is 10.930.
What is the symbol of Rxsight Inc?
The ticker symbol of Rxsight Inc is RXST.
What is the 52-week high of Rxsight Inc?
The 52-week high of Rxsight Inc is 37.130.
What is the 52-week low of Rxsight Inc?
The 52-week low of Rxsight Inc is 6.320.
What is the market capitalization of Rxsight Inc?
The market capitalization of Rxsight Inc is 449.02M.
What is the net income of Rxsight Inc?
The net income of Rxsight Inc is -27.45M.
Is Rxsight Inc (RXST) currently rated as Buy, Hold, or Sell?
According to analysts, Rxsight Inc (RXST) has an overall rating of Hold, with a price target of 10.000.
What is the Earnings Per Share (EPS TTM) of Rxsight Inc (RXST)?
The Earnings Per Share (EPS TTM) of Rxsight Inc (RXST) is -0.877.