Is Elutia Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: ELUT) stock is to Strong Buy ELUT stock.
Out of 1 analyst, 1 (100%) are recommending ELUT as a Strong Buy, 0 (0%) are recommending ELUT as a Buy, 0 (0%) are recommending ELUT as a Hold, 0 (0%) are recommending ELUT as a Sell, and 0 (0%) are recommending ELUT as a Strong Sell.
What is ELUT's forecast return on equity (ROE) for 2024-2025?
(NASDAQ: ELUT) forecast ROE is N/A, which is considered weak.
What is ELUT's Price Target?
According to 1 Wall Street analyst that have issued a 1 year ELUT price target, the average ELUT price target is $6.00, with the highest ELUT stock price forecast at $6.00 and the lowest ELUT stock price forecast at $6.00.
The Wall Street analyst predicted that Elutia's share price could reach $6.00 by Nov 14, 2024. The average Elutia stock price prediction forecasts a potential upside of 90.48% from the current ELUT share price of $3.15.
What is ELUT's forecast return on assets (ROA) for 2024-2025?
(NASDAQ: ELUT) forecast ROA is -158.74%, which is lower than the forecast US Medical Devices industry average of 10.62%.
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