ESTA
Establishment Labs Holdings Inc. Healthcare - Medical Devices Investor Relations →
Establishment Labs Holdings Inc. (ESTA) closed at $68.79 as of 2026-02-02, trading 34.5% above its 200-week moving average of $51.16. The stock moved further from the line this week, up from 33.3% last week. With a 14-week RSI of 74, ESTA is in overbought territory.
Over the past 346 weeks of data, ESTA has crossed below its 200-week moving average 4 times. On average, these episodes lasted 42 weeks. Historically, investors who bought ESTA at the start of these episodes saw an average one-year return of +31.3%.
With a market cap of $1999 million, ESTA is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -338.2%. The stock trades at 122.2x book value.
Share count has increased 19.5% over three years, indicating dilution.
Over the past 6.8 years, a hypothetical investment of $100 in ESTA would have grown to $313, compared to $261 for the S&P 500. That represents an annualized return of 18.4% vs 15.3% for the index — confirming ESTA as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: ESTA vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ESTA Crosses Below the Line?
Across 4 historical episodes, buying ESTA when it crossed below its 200-week moving average produced an average return of +45.8% after 12 months (median -8.0%), compared to +21.8% for the S&P 500 over the same periods. 25% of those episodes were profitable after one year. After 24 months, the average return was +159.0% vs +54.3% for the index.
Each line shows $100 invested at the moment ESTA crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ESTA has crossed below its 200-week MA 4 times with an average 1-year return of +31.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2019 | Nov 2019 | 22 | 25.3% | -22.6% | +212.8% |
| Feb 2020 | Oct 2020 | 35 | 51.2% | +194.4% | +187.7% |
| Sep 2023 | May 2024 | 34 | 59.0% | -15.0% | +32.3% |
| May 2024 | Nov 2025 | 76 | 49.9% | -31.6% | +28.5% |
| Average | 42 | — | +31.3% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02