Senseonics Holdings Inc (AMEX: SENS) Continues To Thrive In 2024, As Its Stock Is Down -11.86% Year-To-Date

During the last session, Senseonics Holdings Inc (AMEX:SENS)’s traded shares were 1.98 million, with the beta value of the company hitting 0.90. At the end of the trading day, the stock’s price was $0.50, reflecting an intraday loss of -1.47% or -$0.01. The 52-week high for the SENS share is $1.05, that puts it down -110.0 from that peak though still a striking 8.0% gain since the share price plummeted to a 52-week low of $0.46. The company’s market capitalization is $266.66M, and the average intraday trading volume over the past 10 days was 2.08 million shares, and the average trade volume was 2.44 million shares over the past three months.

Senseonics Holdings Inc (AMEX:SENS) trade information

Senseonics Holdings Inc (SENS) registered a -1.47% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.47% in intraday trading to $0.50, hitting a weekly high. The stock’s 5-day price performance is -9.30%, and it has moved by -12.65% in 30 days. Based on these gigs, the overall price performance for the year is -29.23%. The short interest in Senseonics Holdings Inc (AMEX:SENS) is 42.12 million shares and it means that shorts have 12.88 day(s) to cover.

Senseonics Holdings Inc (SENS) estimates and forecasts

Statistics show that Senseonics Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. Senseonics Holdings Inc (SENS) shares have gone down -10.27% during the last six months, with a year-to-date growth rate less than the industry average at -18.18% against 22.10. In the rating firms’ projections, revenue will increase 16.10% compared to the previous financial year.

Revenue for the current quarter is expected to be $4.6 million as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $5.28 million by the end of Jun 2024. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $3.37 million and $4.13 million respectively. In this case, analysts expect current quarter sales to grow by 36.50% and then jump by 28.00% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 29.18%. While earnings are projected to return -17.09% in 2024.

SENS Dividends

Senseonics Holdings Inc is due to release its next quarterly earnings between May 07 and May 13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Senseonics Holdings Inc insiders own 6.38% of total outstanding shares while institutional holders control 12.46%, with the float percentage being 13.31%. Vanguard Group Inc is the largest shareholder of the company, while 158 institutions own stock in it. As of Jun 29, 2023, the company held over 22.06 million shares (or 4.18% of all shares), a total value of $16.83 million in shares.

The next largest institutional holding, with 10.28 million shares, is of Blackrock Inc.’s that is approximately 1.95% of outstanding shares. At the market price on Jun 29, 2023, these shares were valued at $7.84 million.

Also, the Mutual Funds coming in first place with the largest holdings of Senseonics Holdings Inc (SENS) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Jun 29, 2023 indicates that Vanguard Total Stock Market Index Fund owns about 12.95 million shares. This amounts to just over 2.45 percent of the company’s overall shares, with a $9.88 million market value. The same data shows that the other fund manager holds slightly less at 6.85 million, or about 1.30% of the stock, which is worth about $5.22 million.