In the last trading session, 2.73 million Senseonics Holdings Inc (AMEX:SENS) shares changed hands as the company’s beta touched 0.94. With the company’s per share price at $0.59 changed hands at $0.0 or 0.14% during last session, the market valuation stood at $311.05M. SENS’s last price was a discount, traded about -115.25% off its 52-week high of $1.27. The share price had its 52-week low at $0.46, which suggests the last value was 22.03% up since then. When we look at Senseonics Holdings Inc’s average trading volume, we note the 10-day average is 2.05 million shares, with the 3-month average coming to 3.53 million.
Analysts gave the Senseonics Holdings Inc (SENS) stock a consensus recommendation rating of a Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 2 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended SENS as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Senseonics Holdings Inc’s EPS for the current quarter is expected to be -$0.04.
Senseonics Holdings Inc (AMEX:SENS) trade information
Instantly SENS was in green as seen at the end of in last trading. With action 6.09%, the performance over the past five days has been green. The jump to weekly highs of 0.6100 on Monday, 11/20/23 added 0.14% to the stock’s daily price. The company’s shares are showing year-to-date downside of -42.83%, with the 5-day performance at 6.09% in the green. However, in the 30-day time frame, Senseonics Holdings Inc (AMEX:SENS) is 15.45% up. Looking at the short shares, we see there were 49.32 million shares sold at short interest cover period of 27.54 days.
The consensus price target for the stock as assigned by Wall Street analysts is $1.63, meaning bulls need an upside of 63.8% from its current market value. According to analyst projections, SENS’s forecast low is $0.40 with $2.50 as the target high. To hit the forecast high, the stock’s price needs a -323.73% plunge from its current level, while the stock would need to tank 32.2% for it to hit the projected low.
Senseonics Holdings Inc (SENS) estimates and forecasts
Data shows that the Senseonics Holdings Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -20.84% over the past 6 months, a -9.09% in annual growth rate that is considerably lower than the industry average of 13.60%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for Senseonics Holdings Inc will fall -300.00%. Year-over-year growth is forecast to reach 33.10% up from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of $7.48 million. 2 analysts are of the opinion that Senseonics Holdings Inc’s revenue for the quarter ending Mar 2024 will be $6.71 million. The company’s revenue for the corresponding quarters a year ago was $5.57 million and $3.37 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 34.30%. The estimates for the next quarter sales put growth at 99.10%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 26.61%. The 2023 estimates are for Senseonics Holdings Inc earnings to increase by 10.70%, but the outlook for the next 5-year period is at 32.10% per year.
Senseonics Holdings Inc is expected to release its next quarterly earnings report on November 09.
Senseonics Holdings Inc (AMEX:SENS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.26% of Senseonics Holdings Inc shares while 24.04% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 25.92%. There are 24.04% institutions holding the Senseonics Holdings Inc stock share, with Vanguard Group Inc the top institutional holder. As of Jun 29, 2023, the company held 4.18% of the shares, roughly 22.06 million SENS shares worth $16.83 million.
Blackrock Inc. holds the second largest percentage of outstanding shares, with 1.95% or 10.28 million shares worth $7.84 million as of Jun 29, 2023.
Among Mutual Funds, the top two as of Jun 29, 2023 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. With 12.95 million shares estimated at $9.88 million under it, the former controlled 2.45% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.30% of the shares, roughly 6.85 million shares worth around $5.22 million.