AirSculpt Technologies, Inc. $AIRS Stock Holdings Lifted by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI grew its stake in shares of AirSculpt Technologies, Inc. (NASDAQ:AIRS) by 49.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 147,900 shares of the company’s stock after acquiring an additional 48,734 shares during the period. Citizens Financial Group Inc. RI owned about 0.24% of AirSculpt Technologies worth $714,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. American Century Companies Inc. acquired a new stake in shares of AirSculpt Technologies during the first quarter worth $32,000. Vanguard Personalized Indexing Management LLC purchased a new position in AirSculpt Technologies in the 2nd quarter worth about $50,000. Kapitalo Investimentos Ltda acquired a new stake in AirSculpt Technologies during the 2nd quarter worth about $51,000. Invesco Ltd. purchased a new stake in AirSculpt Technologies during the first quarter valued at about $56,000. Finally, Creative Planning boosted its holdings in shares of AirSculpt Technologies by 32.2% in the second quarter. Creative Planning now owns 13,225 shares of the company’s stock worth $64,000 after buying an additional 3,224 shares during the period. 91.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AIRS has been the topic of a number of recent analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of AirSculpt Technologies in a report on Tuesday, October 14th. Leerink Partners reiterated a “market perform” rating and set a $6.00 price objective on shares of AirSculpt Technologies in a research report on Tuesday, November 11th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $5.50.

AirSculpt Technologies Trading Down 2.4%

Shares of NASDAQ AIRS opened at $4.07 on Wednesday. AirSculpt Technologies, Inc. has a one year low of $1.53 and a one year high of $12.00. The firm has a market capitalization of $254.13 million, a PE ratio of -13.57 and a beta of 2.57. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average price of $8.12 and a two-hundred day moving average price of $6.25.

AirSculpt Technologies (NASDAQ:AIRS) last issued its earnings results on Friday, November 7th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). The business had revenue of $34.99 million during the quarter, compared to analyst estimates of $39.80 million. AirSculpt Technologies had a negative net margin of 11.41% and a negative return on equity of 14.30%. AirSculpt Technologies has set its FY 2025 guidance at EPS. As a group, analysts predict that AirSculpt Technologies, Inc. will post -0.01 earnings per share for the current fiscal year.

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.