Sight Sciences Stock Analysis

SGHT Stock  USD 2.89  0.05  1.70%   
Sight Sciences is undervalued with Real Value of 3.75 and Target Price of 5.02. The main objective of Sight Sciences stock analysis is to determine its intrinsic value, which is an estimate of what Sight Sciences is worth, separate from its market price. There are two main types of Sight Sciences' stock analysis: fundamental analysis and technical analysis.
The Sight Sciences stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Sight Sciences is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Sight Stock trading window is adjusted to America/New York timezone.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sight Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more information on how to buy Sight Stock please use our How to Invest in Sight Sciences guide.

Sight Stock Analysis Notes

About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.7. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sight Sciences recorded a loss per share of 1.01. The entity had not issued any dividends in recent years. Sight Sciences, Inc., an ophthalmic medical device company, engages in the development and commercialization of surgical and nonsurgical technologies for the treatment of eye diseases. The company was incorporated in 2010 and is headquartered in Menlo Park, California. Sight Sciences operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 212 people. To find out more about Sight Sciences contact the company at 877 266 1144 or learn more at https://www.sightsciences.com.

Sight Sciences Quarterly Total Revenue

19.07 Million

Sight Sciences Investment Alerts

Sight Sciences generated a negative expected return over the last 90 days
Sight Sciences has high historical volatility and very poor performance
Sight Sciences has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 79.87 M. Net Loss for the year was (51.51 M) with profit before overhead, payroll, taxes, and interest of 68.28 M.
Sight Sciences currently holds about 220.1 M in cash with (22.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.6, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Sight Sciences has a frail financial position based on the latest SEC disclosures
Roughly 21.0% of the company outstanding shares are owned by corporate insiders
Latest headline from thelincolnianonline.com: Brokerages Set Sight Sciences, Inc. Target Price at 3.83

Sight Sciences Upcoming and Recent Events

11th of March 2024
Upcoming Quarterly Report
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2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
11th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Sight Largest EPS Surprises

Earnings surprises can significantly impact Sight Sciences' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2023-08-03
2023-06-30-0.34-0.30.0411 
2023-05-04
2023-03-31-0.39-0.350.0410 
2024-08-01
2024-06-30-0.3-0.250.0516 
View All Earnings Estimates

Sight Sciences Environmental, Social, and Governance (ESG) Scores

Sight Sciences' ESG score is a quantitative measure that evaluates Sight Sciences' performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Sight Sciences' operations that may have significant financial implications and affect Sight Sciences' stock price as well as guide investors towards more socially responsible investments.

Sight Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
D. E. Shaw & Co Lp2024-12-31
410.3 K
Renaissance Technologies Corp2024-12-31
393 K
Northern Trust Corp2024-12-31
332.5 K
Morgan Stanley - Brokerage Accounts2024-12-31
279 K
Charles Schwab Investment Management Inc2024-12-31
268.2 K
Citadel Advisors Llc2024-12-31
251.1 K
Dimensional Fund Advisors, Inc.2024-12-31
244 K
National Asset Management Inc2024-12-31
243.1 K
Jackson Square Partners, Llc2024-12-31
231 K
Kck Ltd2024-12-31
4.4 M
Ubs Group Ag2024-12-31
2.3 M
Note, although Sight Sciences' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Sight Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 150.92 M.

Sight Profitablity

The company has Profit Margin (PM) of (0.64) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.63) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.63.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.36)(0.38)
Return On Capital Employed(0.40)(0.42)
Return On Assets(0.36)(0.38)
Return On Equity(0.59)(0.56)

Management Efficiency

Sight Sciences has return on total asset (ROA) of (0.2041) % which means that it has lost $0.2041 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.4959) %, meaning that it created substantial loss on money invested by shareholders. Sight Sciences' management efficiency ratios could be used to measure how well Sight Sciences manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.38 in 2025. Return On Capital Employed is likely to drop to -0.42 in 2025. At this time, Sight Sciences' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 46.7 M in 2025, whereas Total Current Liabilities is likely to drop slightly above 12.3 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 1.75  0.97 
Tangible Book Value Per Share 1.75  0.97 
Enterprise Value Over EBITDA(2.23)(2.34)
Price Book Value Ratio 2.09  2.19 
Enterprise Value Multiple(2.23)(2.34)
Price Fair Value 2.09  2.19 
Enterprise Value102.5 M97.4 M
Examining the leadership quality of Sight Sciences offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Operating Margin
(0.63)
Profit Margin
(0.64)
Beta
2.508
Return On Assets
(0.20)
Return On Equity
(0.50)

Technical Drivers

As of the 22nd of March, Sight Sciences has the Risk Adjusted Performance of (0.03), coefficient of variation of (2,088), and Variance of 21.31. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sight Sciences, as well as the relationship between them.

Sight Sciences Price Movement Analysis

Execute Study
The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Sight Sciences middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Sight Sciences. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Sight Sciences Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sight Sciences insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sight Sciences' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sight Sciences insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Manohar Raheja over a week ago
Acquisition by Manohar Raheja of 10000 shares of Sight Sciences at 2.6 subject to Rule 16b-3
 
Encrantz Staffan over a week ago
Acquisition by Encrantz Staffan of 243000 shares of Sight Sciences at 2.77 subject to Rule 16b-3
 
Encrantz Staffan over a week ago
Acquisition by Encrantz Staffan of 150000 shares of Sight Sciences at 2.71 subject to Rule 16b-3
 
Encrantz Staffan over a week ago
Acquisition by Encrantz Staffan of 120000 shares of Sight Sciences at 2.53 subject to Rule 16b-3
 
Jeremy Hayden over a month ago
Disposition of 6922 shares by Jeremy Hayden of Sight Sciences at 2.781 subject to Rule 16b-3
 
Badawi David over a month ago
Disposition of 5423 shares by Badawi David of Sight Sciences at 2.781 subject to Rule 16b-3
 
Paul Badawi over two months ago
Disposition of 24819 shares by Paul Badawi of Sight Sciences at 2.924 subject to Rule 16b-3
 
Badawi David over two months ago
Disposition of 3829 shares by Badawi David of Sight Sciences at 3.259 subject to Rule 16b-3
 
Alison Bauerlein over two months ago
Disposition of 10102 shares by Alison Bauerlein of Sight Sciences at 3.522 subject to Rule 16b-3
 
Paul Badawi over two months ago
Disposition of 12236 shares by Paul Badawi of Sight Sciences at 3.597 subject to Rule 16b-3
 
Encrantz Staffan over three months ago
Acquisition by Encrantz Staffan of 126664 shares of Sight Sciences at 2.1892 subject to Rule 16b-3
 
Manohar Raheja over three months ago
Acquisition by Manohar Raheja of 3376 shares of Sight Sciences at 3.89 subject to Rule 16b-3

Sight Sciences Outstanding Bonds

Sight Sciences issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sight Sciences uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sight bonds can be classified according to their maturity, which is the date when Sight Sciences has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Sight Sciences Predictive Daily Indicators

Sight Sciences intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sight Sciences stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Sight Sciences Corporate Filings

F4
13th of March 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
7th of March 2025
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
8K
5th of March 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
11th of February 2025
Other Reports
ViewVerify
8K
28th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
23rd of January 2025
Other Reports
ViewVerify
F4
21st of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
14th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Sight Sciences Forecast Models

Sight Sciences' time-series forecasting models are one of many Sight Sciences' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Sight Sciences' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Sight Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Sight Sciences prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Sight shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Sight Sciences. By using and applying Sight Stock analysis, traders can create a robust methodology for identifying Sight entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin(0.64)(0.67)
Operating Profit Margin(0.63)(0.66)
Net Loss(0.64)(0.68)
Gross Profit Margin 0.85  0.62 

Current Sight Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Sight analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Sight analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
5.02Buy7Odds
Sight Sciences current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Sight analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Sight stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sight Sciences, talking to its executives and customers, or listening to Sight conference calls.
Sight Analyst Advice Details

Sight Stock Analysis Indicators

Sight Sciences stock analysis indicators help investors evaluate how Sight Sciences stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Sight Sciences shares will generate the highest return on investment. By understating and applying Sight Sciences stock analysis, traders can identify Sight Sciences position entry and exit signals to maximize returns.
Begin Period Cash Flow138.1 M
Total Stockholder Equity87.5 M
Capital Lease ObligationsM
Property Plant And Equipment Net2.5 M
Cash And Short Term Investments120.4 M
Net Invested Capital126.9 M
Cash120.4 M
50 Day M A2.7813
Net Interest Income-4.7 M
Total Current Liabilities15.5 M
Investments-385 K
Interest Expense4.7 M
Stock Based Compensation17.1 M
Long Term Debt39.4 M
Common Stock Shares Outstanding50.1 M
Tax Provision236 K
Free Cash Flow-22.7 M
Other Current Assets2.3 M
Accounts Payable1.7 M
Net Debt-80 M
Other Operating Expenses130.4 M
Non Current Assets Total3.1 M
Liabilities And Stockholders Equity142.8 M
Non Currrent Assets Other550 K

Additional Tools for Sight Stock Analysis

When running Sight Sciences' price analysis, check to measure Sight Sciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sight Sciences is operating at the current time. Most of Sight Sciences' value examination focuses on studying past and present price action to predict the probability of Sight Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sight Sciences' price. Additionally, you may evaluate how the addition of Sight Sciences to your portfolios can decrease your overall portfolio volatility.