Could Senseonics Holdings Inc (AMEX: SENS) Deliver Exceptional Returns?

In today’s recent session, 7.57 million shares of the Senseonics Holdings Inc (AMEX:SENS) have been traded, and its beta is 0.80. Most recently the company’s share price was $0.44, and it changed around $0.05 or 10.75% from the last close, which brings the market valuation of the company to $234.04M. SENS at last check was trading at a discount to its 52-week high of $0.75, offering almost -70.45% off that amount. The share price’s 52-week low was $0.32, which indicates that the recent value has risen by an impressive 27.27% since then. We note from Senseonics Holdings Inc’s average daily trading volume that its 10-day average is 3.15 million shares, with the 3-month average coming to 1.93 million.

Senseonics Holdings Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended SENS as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Senseonics Holdings Inc is expected to report earnings per share of -0.03 for the current quarter.

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Senseonics Holdings Inc (AMEX:SENS) trade information

Instantly SENS has been showing a green trend so far today with a performance of 10.75% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.4670 on recent trading dayincreased the stock’s daily price by 5.78%. The company’s shares are currently down -23.35% year-to-date, but still up 28.49% over the last five days. On the other hand, Senseonics Holdings Inc (AMEX:SENS) is 5.86% up in the 30-day period. We can see from the shorts that 43.67 million shares have been sold at a short interest cover period of 30.48 day(s).

The consensus price target as assigned by Wall Street analysts is $3, which translates to bulls needing to increase their stock price by 85.33% from its current value. Analyst projections state that SENS is forecast to be at a low of $3 and a high of $3.

Senseonics Holdings Inc (SENS) estimates and forecasts

Senseonics Holdings Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -21.96 percent over the past six months and at a -18.18% annual growth rate that is well below the industry average of 20.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 25.00% in revenue this quarter, and will report a decrease of -33.30% in the next quarter. The year-over-year growth rate is expected to be -0.90%, down from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 4.08M in revenue for the current quarter. 5 analysts expect Senseonics Holdings Inc to make 8.18M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 1.90%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 29.18%.

SENS Dividends

Senseonics Holdings Inc’s next quarterly earnings report is expected to be released on 2024-Nov-07.

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

Upon looking at major shareholders, it appears that insiders hold 7.01% of Senseonics Holdings Inc shares, and 11.02% of them are in the hands of institutional investors. The stock currently has a share float of 11.85%. Senseonics Holdings Inc stock is held by 147.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 3.7729% of the shares, which is about 23.19 million shares worth $9.25 million.

BLACKROCK INC., with 1.3539% or 8.32 million shares worth $3.32 million as of 2024-06-30, holds the second largest percentage of outstanding shares.