Cricut, Inc. (CRCT)
Market Cap | 1.19B |
Revenue (ttm) | 734.48M |
Net Income (ttm) | 62.19M |
Shares Out | 214.45M |
EPS (ttm) | 0.29 |
PE Ratio | 19.23 |
Forward PE | 19.27 |
Dividend | $0.20 (3.60%) |
Ex-Dividend Date | Jan 7, 2025 |
Volume | 82,910 |
Open | 5.50 |
Previous Close | 5.48 |
Day's Range | 5.39 - 5.57 |
52-Week Range | 4.43 - 8.40 |
Beta | -0.05 |
Analysts | Hold |
Price Target | 5.25 (-5.66%) |
Earnings Date | Nov 5, 2024 |
About CRCT
Cricut, Inc. engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines include Cricut Joy family for personalization, organization, and customizati... [Read more]
Financial Performance
In 2023, Cricut's revenue was $765.15 million, a decrease of -13.67% compared to the previous year's $886.30 million. Earnings were $53.64 million, a decrease of -11.59%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for CRCT stock is "Hold." The 12-month stock price forecast is $5.25, which is a decrease of -5.66% from the latest price.
News
Cricut Inc.: There Are Still Visible Operational Headwinds
I maintain a sell rating for Cricut Inc. due to ongoing operational headwinds and a challenging consumer spending environment impacting near-term growth. 3Q24 earnings showed a 4% y/y revenue decline,...
Cricut, Inc. (CRCT) Q3 2024 Earnings Call Transcript
Cricut, Inc. (NASDAQ:CRCT) Q3 2024 Earnings Conference Call November 5, 2024 5:00 AM ET Company Participants Jim Suva - Senior Vice President of Finance and Treasurer Ashish Arora - Chief Executive O...
Cricut, Inc. Reports Third Quarter 2024 Financial Results
Paid subscribers over 2.8 million, up 5% over Q3 2023 Q3 2024 revenue of $167.9 million, down 4% compared to Q3 2023 Delivered 23rd consecutive quarter of profitability with net income of $11.5 millio...
Cricut to Announce Third Quarter 2024 Financial Results on November 5, 2024
SOUTH JORDAN, Utah, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut® Pursues Legal Action to Protect Against Intellectual Property Infringement
SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut® Pursues Legal Action to Protect Against Intellectual Property Infringement.
Cricut Adds New Independent Board Member Heidi Zak
SOUTH JORDAN, Utah, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users wor...
Cricut to Present at Upcoming Investor Conferences
Cricut to Present at Upcoming Investor Conferences SOUTH JORDAN, Utah, August 19, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the crea
Cricut, Inc. (CRCT) Q2 2024 Earnings Call Transcript
Cricut, Inc. (NASDAQ:CRCT) Q2 2024 Results Conference Call August 6, 2024 5:00 PM ET Company Participants Jim Suva - Senior Vice President of Finance and Treasurer Ashish Arora - Chief Executive Offi...
Cricut, Inc. Reports Second Quarter 2024 Financial Results
Paid subscribers over 2.8 million, up 3% over Q2 2023 Connected machines revenue growth of 18% over Q2 2023 Q2 2024 revenue of $167.9 million, down 6% compared to Q2 2023 Delivered 22nd consecutive qu...
Cricut to Announce Second Quarter 2024 Financial Results on August 6, 2024
SOUTH JORDAN, Utah, July 16, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Personalize and DIY Your 4th of July with Cricut
A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDO, Fla.
Cricut, Inc. (CRCT) Q1 2024 Earnings Call Transcript
Cricut, Inc. (NASDAQ:CRCT) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Jim Suva - SVP, Finance, Treasurer & IR Ashish Arora - CEO & Director Kimball Shill - CFO Confe...
Cricut, Inc. Reports First Quarter 2024 Financial Results
Paid subscribers of approximately 2.8 million , up 3% over Q1 2023
Cricut to Announce First Quarter 2024 Financial Results on May 7, 2024
SOUTH JORDAN, Utah, April 16, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users wor...
Cricut, Inc. (CRCT) Q4 2023 Earnings Call Transcript
Cricut, Inc. (NASDAQ:CRCT) Q4 2023 Earnings Conference Call March 5, 2024 5:00 PM ET Company Participants Jim Suva - Senior Vice President, Finance Ashish Arora - Chief Executive Officer Kimball Shil...
Cricut, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Delivered 7th consecutive year of profitability with net income of $53.6 million , or 7.0% margin
Cricut Finds 71% of Women Draw Inspiration and Feel Empowered by Other Women
SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that built a connected platform for making with millions of users worldwide, today released...
Cricut to Announce Fourth Quarter 2023 Financial Results on March 5, 2024
SOUTH JORDAN, Utah, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut, Inc. (CRCT) Q3 2023 Earnings Call Transcript
Cricut, Inc. (NASDAQ:CRCT) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Jim Suva - Senior Vice President, Finance Ashish Arora - Chief Executive Officer Kimball S...
Cricut, Inc. Reports Third Quarter 2023 Financial Results
Total users grew to over 8.6 million , up 16% over Q3 2022 Paid subscribers of approximately 2.7 million , up 11% over Q3 2022 Delivered 19th consecutive quarter of profitability with net income of $1...
Cricut to Announce Third Quarter 2023 Financial Results on November 7, 2023
SOUTH JORDAN, Utah, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut launches Cricut Joy Xtra, expanding its platform and cutting machine portfolio
SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut, Inc. (NASDAQ: CRCT), the leading creative DIY platform, today announced its newest cutting machine — Cricut Joy Xtra. Designed to help makers create the mo...
Cricut, Inc. Reports Second Quarter 2023 Financial Results
Total users grew to over 8.4 million , up 17% over Q2 2022 Paid subscribers of over 2.7 million , up 15% over Q2 2022 Delivered 18th consecutive quarter of profitability with net income of $16.0 milli...
Cricut: More Creative Than Appealing
Cricut, Inc. was a typical beneficiary of the pandemic, and thus was hit hard in its aftermath. While the same boom-bust cycle was seen with Cricut as well, the company maintained financial conservati...
Cricut to Announce Second Quarter 2023 Financial Results on August 8, 2023
SOUTH JORDAN, Utah, July 18, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...