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Senseonics Holdings Inc. (AMEX: SENS) Has Succeeded In Generating Interest In 2023, The Stock Is Down -17.95% Year-To-Date

Senseonics Holdings Inc. (AMEX:SENS)’s traded shares stood at 10.47 million during the last session, with the company’s beta value hitting 0.95. At the close of trading, the stock’s price was $0.85, to imply a decrease of -10.51% or -$0.09 in intraday trading. The SENS share’s 52-week high remains $2.44, putting it -187.06% down since that peak but still an impressive 9.41% since price per share fell to its 52-week low of $0.77. The company has a valuation of $418.77M, with an average of 2.88 million shares in intraday trading volume over the past 10 days and average of 2.51 million shares over the past 3 months.

Analysts have given a consensus recommendation of an Underweight for Senseonics Holdings Inc. (SENS), translating to a mean rating of 2.80. Of 3 analyst(s) looking at the stock, 2 analyst(s) give SENS a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.

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Senseonics Holdings Inc. (AMEX:SENS) trade information

After registering a -10.51% downside in the last session, Senseonics Holdings Inc. (SENS) has traded red over the past five days. The stock hit a weekly high of 0.9800 this Thursday, 03/16/23, dropping -10.51% in its intraday price action. The 5-day price performance for the stock is -8.87%, and -23.17% over 30 days. With these gigs, the year-to-date price performance is -17.95%. Short interest in Senseonics Holdings Inc. (AMEX:SENS) saw shorts transact 61.46 million shares and set a 29.2 days time to cover.

Analysts on Wall Street suggest a consensus price target of $0.60, implying a decrease of -41.67% to the stock’s current value. The extremes give us $0.60 and $0.60 for target low and target high price respectively. As such, SENS has been trading 29.41% off suggested target high and 29.41% from its likely low.

Senseonics Holdings Inc. (SENS) estimates and forecasts

Looking at statistics comparing Senseonics Holdings Inc. share performance against respective industry, we note that the company has underperformed competitors. Senseonics Holdings Inc. (SENS) shares are -46.85% down over the last 6 months, with its year-to-date growth rate lower than industry average at -45.45% against 2.50%. The rating firms project that company’s revenue will grow 18.80% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is $5.42 million. Meanwhile, for the quarter ending Mar 2023, a total of 3 analyst(s) estimate revenue growth to $5.98 million.Earnings reports from the last fiscal year show that sales brought in $4.01 million and $2.48 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 35.20% before jumping 141.00% in the following quarter.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -7.80% for the past 5-year period. While 2023 is set for a 6.80% return in earnings, projections for the next 5 years are at 32.10% annually.

SENS Dividends

Senseonics Holdings Inc. has its next earnings report out between May 08 and May 12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Senseonics Holdings Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Senseonics Holdings Inc. (AMEX:SENS)’s Major holders

Senseonics Holdings Inc. insiders hold 5.15% of total outstanding shares, with institutional holders owning 27.92% of the shares at 29.43% float percentage. In total, 27.92% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 31.32 million shares (or 6.55% of shares), all amounting to roughly $41.35 million.

The next major institution holding the largest number of shares is Vanguard Group, Inc. (The) with 22.48 million shares, or about 4.70% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $29.67 million.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Senseonics Holdings Inc. (SENS) shares. Going by data provided on Sep 29, 2022, Vanguard Total Stock Market Index Fund holds roughly 12.95 million shares. This is just over 2.71% of the total shares, with a market valuation of $17.09 million. Data from the same date shows that the other fund manager holds a little less at 10.61 million, or 2.22% of the shares, all valued at about 10.93 million.

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