AVITA Medical, Inc. (RCEL)

NASDAQ: RCEL · Real-Time Price · USD
13.05
+0.09 (0.69%)
At close: Nov 20, 2024, 4:00 PM
12.96
-0.09 (-0.69%)
After-hours: Nov 20, 2024, 7:02 PM EST
0.69%
Market Cap 342.30M
Revenue (ttm) 60.04M
Net Income (ttm) -57.32M
Shares Out 26.23M
EPS (ttm) -2.23
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 182,413
Open 13.04
Previous Close 12.96
Day's Range 12.95 - 13.82
52-Week Range 7.51 - 18.93
Beta 1.54
Analysts Hold
Price Target 16.50 (+26.44%)
Earnings Date Nov 7, 2024

About RCEL

AVITA Medical, Inc., together with its subsidiaries, operates as a regenerative medicine company in the United States and internationally. The company’s lead product is the RECELL System, a cell harvesting device used for the treatment of thermal burn wounds, full-thickness skin defects, and repigmentation of stable depigmented vitiligo lesions. It develops RECELL GO to control the manual process of disaggregation, filtration, and soak time. The company was formerly known as AVITA Therapeutics, Inc. AVITA Medical, Inc. was incorporated in 2020 ... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 2020
Employees 207
Stock Exchange NASDAQ
Ticker Symbol RCEL
Full Company Profile

Financial Performance

In 2023, AVITA Medical's revenue was $50.14 million, an increase of 45.68% compared to the previous year's $34.42 million. Losses were -$35.38 million, 32.7% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for RCEL stock is "Hold." The 12-month stock price forecast is $16.5, which is an increase of 26.44% from the latest price.

Price Target
$16.5
(26.44% upside)
Analyst Consensus: Hold
Stock Forecasts

News

AVITA Medical Announces Exclusive Distribution Agreement to Expand to Australia and New Zealand

VALENCIA, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a company specializing in commercial-stage regenerative medicine and pioneering devices for wound care...

8 days ago - GlobeNewsWire

AVITA Medical, Inc. (RCEL) Q3 2024 Earnings Call Transcript

AVITA Medical, Inc. (NASDAQ:RCEL) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Jessica Ekeberg - Director, Investor Relations Jim Corbett - Chief Executive Office...

11 days ago - Seeking Alpha

AVITA Medical to Host Investor Webinar Briefing

VALENCIA, Calif., Nov. 08, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

12 days ago - GlobeNewsWire

AVITA Medical Reports Third Quarter Financial Results

VALENCIA, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

13 days ago - GlobeNewsWire

AVITA Medical to Announce Third Quarter 2024 Financial Results

AVITA Medical announced that it will report its third quarter 2024 financial results after the close of the U.S. financial markets on November 7, 2024.

5 weeks ago - GlobeNewsWire

AVITA Medical Headed For Its Most Important Report, I'm Extremely Bullish

AVITA Medical's RECELL GO offers superior wound healing with less donor skin required, reducing scarring and infection risk. It has no direct competition. RECELL GO streamlines the skin grafting proce...

7 weeks ago - Seeking Alpha

AVITA Medical to Present at 2024 Cantor Global Healthcare Conference

VALENCIA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care man...

2 months ago - GlobeNewsWire

AVITA Medical to Participate in Lake Street's 8th Annual Best Ideas Growth (BIG8) Conference

VALENCIA, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care man...

2 months ago - GlobeNewsWire

AVITA Medical: New Products, Same Old Cash Burn (Rating Downgrade)

RECELL GO's launch increased SG&A expenses, contributing to AVITA Medical, Inc.'s higher net losses in Q2 2024. Despite lowering its 2024 revenue guidance, AVITA Medical still anticipates significant ...

3 months ago - Seeking Alpha

AVITA Medical, Inc. (RCEL) Q2 2024 Earnings Call Transcript

AVITA Medical, Inc. (NASDAQ:RCEL) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Jessica Ekeberg - Director, Investor Relations Jim Corbett - Chief Executive Officer ...

3 months ago - Seeking Alpha

AVITA Medical Reports Second Quarter Financial Results

AVITA Medical today reported second-quarter commercial revenue of $15.1 million, reflecting growth of over 29% over the same period in the prior year.

3 months ago - GlobeNewsWire

AVITA Medical to Announce Second Quarter 2024 Financial Results

VALENCIA, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

4 months ago - GlobeNewsWire

AVITA Medical Appoints Nicole Kelsey as Chief Legal and Compliance Officer, and Corporate Secretary

VALENCIA, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

5 months ago - GlobeNewsWire

AVITA Medical Achieves Milestone with First Case Using RECELL GO

VALENCIA, Calif., June 05, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

6 months ago - GlobeNewsWire

AVITA Medical Announces FDA Approval of RECELL GO

VALENCIA, Calif., May 30, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care manag...

6 months ago - GlobeNewsWire

AVITA Medical, Inc. (RCEL) Q1 2024 Earnings Call Transcript

AVITA Medical, Inc. (NASDAQ:RCEL) Q1 2024 Earnings Call Transcript May 13, 2024 4:30 PM ET Company Participants Jessica Ekeberg - Director, IR James Corbett - CEO David O'Toole - CFO Conference Call ...

6 months ago - Seeking Alpha

AVITA Medical Reports First Quarter Financial Results

VALENCIA, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care manag...

6 months ago - GlobeNewsWire

AVITA Medical to Announce First Quarter 2024 Financial Results

AVITA Medical will report first quarter 2024 financial results after the close on May 13, 2024, and host a webcast that day at 1:30 p.m. Pacific Time.

7 months ago - GlobeNewsWire

AVITA Medical Updates Expected First Quarter 2024 Revenue

AVITA Medical updates expected Q1 2024 commercial revenue; reaffirms expectations for full-year 2024 revenue at lower end of previously provided guidance.

8 months ago - GlobeNewsWire

AVITA Medical Submits Response to FDA, Resuming Review Clock for RECELL GO PMA Supplement

AVITA Medical submitted its response to FDA for additional information in connection to RECELL GO PMA supplement. Submission resumes substantive review.

9 months ago - GlobeNewsWire

AVITA Medical to Present at TD Cowen 44th Annual Health Care Conference

VALENCIA, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

9 months ago - GlobeNewsWire

AVITA Medical, Inc. (RCEL) Q4 2023 Earnings Call Transcript

AVITA Medical, Inc. (RCEL) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

AVITA Medical Reports Fourth Quarter and Full-Year 2023 Financial Results and Provides 2024 Financial Guidance

VALENCIA, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices for wound care mana...

9 months ago - GlobeNewsWire

AVITA Medical to Announce Fourth Quarter and Full Year 2023 Financial Results

VALENCIA, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a commercial-stage regenerative medicine company focused on first-in-class devices and autologous cell...

10 months ago - GlobeNewsWire

AVITA Medical Announces Exclusive Distribution Agreement with Stedical Scientific

VALENCIA, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH) (the “Company”), a commercial-stage regenerative medicine company focused on first-in-class devices and...

11 months ago - GlobeNewsWire