In the last trading session, 40,121,458 shares of the Senseonics Holdings, Inc.(NYSE:SENS) were traded, and its beta was 0.73. Most recently the company’s share price was $4.09, and it changed around -$0.54 or -0.12% from the last close, which brings the market valuation of the company to $1.52 Billion. SENS currently trades at a discount to its 52-week high of $5.56, offering almost -35.94% off that amount. The share price’s 52-week low was $0.35, which indicates that the current value has risen by an impressive 91.44% since then. We note from Senseonics Holdings, Inc.’s average daily trading volume that its 10-day average is 59.73 Million shares, with the 3-month average coming to 43.4 Million.
Senseonics Holdings, Inc. stock received a consensus recommendation rating of Overweight, based on a mean score of 2.3. If we narrow it down even further, the data shows that 1 out of 7 analysts rate the stock as a Sell; another but none rate it as Overweight. Among the rest, 3 recommended SENS as a Hold, whereas 3 deemed it a Buy, and no one rated it as Underweight. Senseonics Holdings, Inc. is expected to report earnings per share of -$0.09 for the current quarter.
Senseonics Holdings, Inc. (NYSE:SENS): Trading Information
Although SENS has showed a red trend with a performance of -11.66% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of $5.56- on Wednesday, Feb 17 increased the stock’s daily price by 26.44%. The company’s shares are currently up 3.69% year-to-date, but still down -0.0168 over the last five days. On the other hand, Senseonics Holdings, Inc. (NYSE:SENS) is 0.77% up in the 30-day period. We can see from the shorts that 51.45 Million shares have been sold at a short interest cover period of 1.19 day(s).
The consensus price target as assigned by Wall Street analysts is $0.94, which translates to bears needing to reduce their stock price by -77.02% from its current value. Analyst projections state that SENS is forecast to be at a low of $0.7 and a high of $1. In order for the stock price to hit the forecast high, the stock would need to surge -75.55% from its current level, while the stock would need to crash -82.89% from its current level to reach the projected low.
Senseonics Holdings, Inc. (SENS) projections and forecasts
Senseonics Holdings, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen +719.8 percent over the past six months and at a 27.87% annual growth rate that is well above the industry average of 15.2%. Moreover, analysts have decided to roll up on their fiscal year 2021 revenue estimates. The rating firms predict that it will gain +50% in revenue this quarter, and will report an increase of 71.4% in the next quarter. The year-over-year growth rate is expected to be -80.7%, down from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of $3.05 Million in revenue for the current quarter. 6 analysts expect Senseonics Holdings, Inc. to make $1.77 Million in revenue for the quarter ending March 01, 2021. The company’s sales for the same quarters a year ago were $8.95 Million and $880Million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -65.9%. Forecasts for the next quarter put sales growth at 101.1%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of 0%. Senseonics Holdings, Inc. earnings are expected to decrease by -2.6% in 2021, but the outlook is positive 32.1% per year for the next five years.
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Senseonics Holdings, Inc. (NYSE:SENS)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 51.28% of Senseonics Holdings, Inc. shares, and 24.42% of them are in the hands of institutional investors. The stock currently has a share float of 50.12%. Senseonics Holdings, Inc. stock is held by 109 institutions, with Gilder, Gagnon, Howe & Co. being the largest institutional investor. By Sep 29, 2020, it held 5.93% of the shares, which is about 14.56 Million shares worth $5.64 Million.
NEA Management Company, LLC, with 5.76% or 14.15 Million shares worth $5.48 Million as of Sep 29, 2020, holds the second largest percentage of outstanding shares.