Cricut Inc Cl A CRCT

$6.38 -0.09 (-1.39%)

Valuation

Market cap
1,355,103,000
Revenue TTM
$708,780,000
Net income TTM
$76,710,000
PE ratio
15.16
Forward PE
20.38
Profit margin
10.82%
Debt to equity
0.00

Trading

Volume
426,900
Avg volume
793,974
Day's range
$6.37 – $6.53
Shares out
209,444,000
Stochastic %K
70%
Beta
0.25
Analysts
Buy
Price target
$4.07

Price

Company profile

Cricut, Inc. engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, Western Europe, the Middle East, Latin America, South Africa, and Asia. It operates through Platform and Products segments. The company offers connected machines, accessories...

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Cricut, Inc. engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, Western Europe, the Middle East, Latin America, South Africa, and Asia. It operates through Platform and Products segments. The company offers connected machines, accessories, and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines, which are used to cut, write, score, and create decorative effects on paper, adhesive vinyl, iron-on vinyl, wood, and leather, comprise Cricut Joy family, Cricut Explore family, Cricut Maker family, and Cricut Venture. The company also provides Cricut Design Space, a cloud-based software that integrates with connected machines to enable users to create and work on projects across desktop and mobile devices; Cricut Access and Cricut Access Premium subscription offerings; and in-app purchases of images, fonts, and projects. In addition, it offers a range of accessories and materials, such as Cricut EasyPress, Cricut Mug Press, hand tools, machine replacement tools and blades, and project materials, such as vinyl and iron-on. Further, the company provides craft, DIY, home décor products, and extensions. It offers its products through its third-party brick-and-mortar and online retail partners; and its website cricut.com, as well as through a network of distributors. Cricut, Inc. was formerly known as Provo Craft & Novelty, Inc. and changed its name to Cricut, Inc. in March 2018. The company was incorporated in 1969 and is headquartered in South Jordan, Utah.

Industry
Computer Hardware
Sector
Technology
Phone
385 351 0633
Website
https://cricut.com
Address
10855 South River Front Parkway, South Jordan, United States

Latest news

Stocktwits

DavyDaveCharts Oct 4, 7:21 PM
$CRCT weekly: break out opens the path to 8.30.
0 replies
STRelativeStrength Sep 30, 5:50 PM
$CRCT undiscovered breakout with 1151 watchers
0 replies
Yingtrader7 Sep 28, 2:58 PM
$NSYS here's one that got away from me $CRCT 🤡
0 replies
ChristopherBrecher Sep 17, 5:52 PM
$CRCT Here is a big list of stocks with ok looking charts over the 50 DMA
0 replies
crpttic Sep 3, 4:01 PM
$CRCT The market completely wrote Cricut off as a temporary "stay-at-home pandemic trend" that would collapse into bankruptcy. The stock was beaten down heavily, yet under the hood, the company boasts a rock-solid core with zero debt, high-margin SaaS revenue, and an elevated short interest setup ready to snap back.
0 replies
Jumpmanz Aug 27, 4:03 AM 0 replies
Doozio Aug 26, 3:51 AM
$CRCT chop chop huckleberries up da Roger yo go. Let’s bang bro
0 replies
prismmarketview Aug 25, 7:01 PM
We are adding Cricut, Inc. ($CRCT) to the PRISM Emerging Consumer Products Index. Cricut sells smart cutting machines, then sells a design subscription to the people who buy them. That second part is now the bigger business. Platform revenue grew more than 5% to $85.0 million in the second quarter and passed product sales for the first time. Paid Subscribers hit 3.10 million, up 3% from a year ago. Each active user is spending more, with Platform ARPU up 5% to $56.37. Machine sales were softer. Products revenue fell 22%, pulling total revenue down 9% to $156.3 million. But the shift toward subscriptions did real work on margins. Gross margin jumped to 74.5% from 59.0%, and net income rose 59% to $39.1 million, which management said included some unique items. Cricut pulled in $50 million of cash from operations during the quarter and ended it with $266.9 million in cash. The company paid a $0.10 semi-annual dividend in July and bought back about 1.7 million shares. https://prismmarketview.com/companies/cricut-inc/
0 replies