RxSight, Inc. , a medical technology company, engages in the research and development, manufacture, and sale of light adjustable intraocular lenses (LAL) used in cataract surgery in the United States and internationally.
Rxsight stock last closed at $52.83, down 2.73% from the previous day, and has increased 196.13% in one year. It has overperformed other stocks in the Medical Devices industry by 2.12 percentage points. Rxsight stock is currently +210.76% from its 52-week low of $17.00, and -9.24% from its 52-week high of $58.21.
As of Apr 17, 2024, there are 36.99M shares of RXST outstanding. The market value of RXST is $1.95B. In the past 24 hours, 165,078 RXST shares were traded.
How to Buy Rxsight Stock
Wondering how to invest in Rxsight stock? Here's how.
Choose where to buy Rxsight stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Rxsight stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Put funds into your investment account: Select your method of payment and add your info.
Research Rxsight stock: The Rxsight ticker symbol is RXST. Is Rxsight stock a good investment? Should you buy shares of RXST? How do RXST's underlying business fundamentals look? Do top analysts think Rxsight is a good buy? Why has RXST's stock price moved recently? (Hint: Our stock analysis website can help you decide if RXST is a good stock to buy).
Place your RXST purchase: Decide if you will purchase RXST shares at the current market price or use a limit order to buy RXST shares at a particular price.
Monitor your RXST investment: Create a watchlist to watch your investment in Rxsight stock.
Step 1: Choose where to buy Rxsight stock
You need an online brokerage account in order to access the NASDAQ market and buy RXST shares.
A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you can buy RXST today.
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Step 4: Research Rxsight stock
After you have figured out the best place to buy Rxsight stock, it's critical to evaluate their stock prior to buying, so you can wrap your head around the risk and upside.
Rxsight stock at a glance
RXST Price
$52.83
1w %
0.21%
1y %
196.13%
5y %
N/A
P/E
-37.47x
P/B
12.19x
P/S
20.44x
PEG
N/A
Revenue
$89.08M
Earnings
-$48.61M
Fore. Rev. Growth
32.26%
Fore. Earn. Growth
N/A
Market Cap
$1.95B
Next Earnings
May 7, 2024
Next Dividend
N/A
RXST Zen Score
WallStreetZen was designed to help average investors do better fundamental analysis quickly.
RXST has cash burn of 46407000. It has sufficient cash and short-term investments to cover this for at least one year.
RXST has $127.89M in cash and short term investments. This is enough to cover its annual cash burn of $46.41M.
There are more short-term assets than short-term liabilities on the RXST balance sheet.
There are more short-term assets than long-term liabilities on the RXST balance sheet.
Failed Health Checks:
RXST profit margin has gone up by 0.82 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy Rxsight stock, according to analysts?
Out of 6 Wall Street analysts who track RXST, the consensus analyst rating on RXST is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.
Most Recent RXST Analyst Recommendations
Patrick Wood, a top 19% analyst from Morgan Stanley initiates coverage on RXST with a strong buy rating and announces their RXST price target of $36.00, on Dec 4, 2023.
You can dive deeper into what analysts are forecasting on the Rxsight stock forecast page.
RXST Trading Indicators
SMA10
4.06
SMA20
4.19
SMA50
4.37
SMA100
4.64
SMA200
4.19
MACD
-0.11
MACD Signal
-0.1
MACD Histogram
-0.01
RSI
37.94
Stochastic %K
18.11
Stochastic %D
12.23
StochRSI %K
29.16
StochRSI %D
19.11
Is RXST Making Money?
Last year, RXST revenue was $89.08M. In the last four year, RXST's revenue has grown by 151.09% per year. This was faster than the Medical Devices industry average of 13.45%.
No, Rxsight doesn't provide an income stream by paying out dividends.
What do other traders have to say about RXST?
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Step 5: Place your RXST purchase
You have two main options:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are mostly sufficient.
Limit order: A limit order lets you buy or sell a security at a specific price (or better). If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Hit the Open Trade button and eToro will place your order.
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As of Apr 17, 2024, it costs $52.83 to buy one share of Rxsight stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.189 shares of RXST.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.