AVITA Medical, Inc. (RCEL)

NASDAQ: RCEL · IEX Real-Time Price · USD
9.38
-0.32 (-3.30%)
At close: Apr 17, 2024, 4:00 PM
9.48
+0.10 (1.07%)
After-hours: Apr 17, 2024, 7:58 PM EDT
-3.30%
Market Cap 241.13M
Revenue (ttm) 51.57M
Net Income (ttm) -35.38M
Shares Out 25.71M
EPS (ttm) -0.90
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 223,325
Open 9.81
Previous Close 9.70
Day's Range 9.34 - 9.88
52-Week Range 9.16 - 21.70
Beta 1.29
Analysts Strong Buy
Price Target 28.25 (+201.17%)
Earnings Date May 13, 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
CEO James M. Corbett
Employees 207
Stock Exchange NASDAQ
Ticker Symbol RCEL
Full Company Profile

Financial Performance

In 2023, AVITA Medical's revenue was 51.57 million, an increase of 37.03% compared to the previous year's 37.64 million. Losses were -35.38 million, 32.7% more than in 2022.

Financial numbers in AUD Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for RCEL stock is "Strong Buy." The 12-month stock price forecast is $28.25, which is an increase of 201.17% from the latest price.

Price Target
$28.25
(201.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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.

2 days 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.

7 days 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.

6 weeks 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...

6 weeks ago - GlobeNewsWire

AVITA Medical to Host Investor Webinar Briefing

VALENCIA, Calif., Feb. 23, 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...

7 weeks ago - GlobeNewsWire

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...

7 weeks 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...

2 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...

3 months ago - GlobeNewsWire

AVITA Medical Announces Preliminary 2023 Financial Highlights, Provides 2024 Financial Guidance and Business Update

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...

3 months ago - GlobeNewsWire

AVITA Medical to Present at the 42nd Annual J.P. Morgan Healthcare Conference

VALENCIA, Calif., Jan. 04, 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...

3 months ago - GlobeNewsWire

AVITA Medical to Present at the Piper Sandler 35th Annual Healthcare Conference

VALENCIA, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH) (the “Company”), a regenerative medicine company leading the development and commercialization of first...

5 months ago - GlobeNewsWire

AVITA Medical Updates Full Year 2023 Guidance

VALENCIA, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH) (the “Company”), a regenerative medicine company leading the development and commercialization of first...

5 months ago - GlobeNewsWire

AVITA Medical Reports Third Quarter Financial Results with 51% Revenue Growth over the Same Period the Prior Year

VALENCIA, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH) (the “Company”), a regenerative medicine company leading the development and commercialization of first...

5 months ago - GlobeNewsWire

AVITA Medical Announces Distribution Partnership with PolyMedics Innovations to Expand to Europe

AVITA Medical announced it has entered into a distribution agreement with PolyMedics Innovations, to strategically expand its global presence to Europe.

5 months ago - GlobeNewsWire

AVITA Medical to Announce Third Quarter 2023 Financial Results

VALENCIA, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization of first-in-class device...

6 months ago - GlobeNewsWire

AVITA Medical Receives Best Product Award at the American Association for the Surgery of Trauma

VALENCIA, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization of first-in-class devic...

7 months ago - GlobeNewsWire

AVITA Medical to Present at the Cantor Global Healthcare Conference

VALENCIA, Calif., Sept. 21, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization of first-in-class devic...

7 months ago - GlobeNewsWire

AVITA Medical to Participate in Upcoming Investor Conferences

VALENCIA, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization of first-in-class devic...

8 months ago - GlobeNewsWire

AVITA Medical Reports Second Quarter Financial Results

VALENCIA, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH) (the “Company”), a regenerative medicine company leading the development and commercialization of first...

8 months ago - GlobeNewsWire

AVITA Medical Submits FDA PMA Supplement for RECELL GO

VALENCIA, Calif., June 29, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization of first-in-class device...

10 months ago - GlobeNewsWire

AVITA Medical Announces FDA Approval of RECELL for Skin Repigmentation in Vitiligo Patients

VALENCIA, Calif. and MELBOURNE, Australia, June 16, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization...

10 months ago - GlobeNewsWire

AVITA Medical Announces Appointment of David O'Toole as Chief Financial Officer

VALENCIA, Calif. and MELBOURNE, Australia, June 15, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization...

10 months ago - GlobeNewsWire

AVITA Medical Announces FDA Approval of RECELL for Treatment of Full-Thickness Skin Defects

VALENCIA, Calif. and MELBOURNE, Australia, June 07, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercialization...

11 months ago - GlobeNewsWire

AVITA Medical Reports First Quarter Financial Results and Affirms Full Year Guidance

VALENCIA, Calif. and MELBOURNE, Australia, May 11, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH) (the “Company”), a regenerative medicine company leading the development and co...

1 year ago - GlobeNewsWire

AVITA Medical to Announce First Quarter 2023 Financial Results

VALENCIA, Calif. and MELBOURNE, Australia, April 20, 2023 (GLOBE NEWSWIRE) -- AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company leading the development and commercializatio...

1 year ago - GlobeNewsWire