Why To Invest In Senseonics Holdings Inc (AMEX: SENS) Stock?

In the latest trading session, 2.14 million Senseonics Holdings Inc (AMEX:SENS) shares changed hands as the company’s beta touched 0.79. With the company’s most recent per share price at $0.31 changed hands at -$0.01 or -4.85% at last look, the market valuation stands at $182.36M. SENS’s current price is a discount, trading about -141.94% off its 52-week high of $0.75. The share price had its 52-week low at $0.30, which suggests the last value was 3.23% up since then. When we look at Senseonics Holdings Inc’s average trading volume, we note the 10-day average is 4.46 million shares, with the 3-month average coming to 4.36 million.

Analysts gave the Senseonics Holdings Inc (SENS) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 1 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, 0 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 -0.03.

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Senseonics Holdings Inc (AMEX:SENS) trade information

Instantly SENS was in red as seen in intraday trades today. With action -7.93%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -46.03%, with the 5-day performance at -7.93% in the red. However, in the 30-day time frame, Senseonics Holdings Inc (AMEX:SENS) is -15.00% down. Looking at the short shares, we see there were 48.67 million shares sold at short interest cover period of 6.71 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 89.67% from its recent market value. According to analyst projections, SENS’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -867.74% plunge from its current level, while the stock would need to soar -867.74% 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 -37.19% over the past 6 months, a -18.18% in annual growth rate that is considerably lower than the industry average of 26.80%. Year-over-year growth is forecast to reach -1.80% down from the last financial year.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 7.83M. 2 analysts are of the opinion that Senseonics Holdings Inc’s revenue for the current quarter will be 6.93M. The company’s revenue for the corresponding quarters a year ago was 8.03M and 5.05M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -2.50%. The estimates for the next quarter sales put growth at 37.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 29.18%. The 2024 estimates are for Senseonics Holdings Inc earnings to decrease by -25.45%.

SENS Dividends

Senseonics Holdings Inc is expected to release its next quarterly earnings report on 2025-Feb-26.

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

If we look at who the major shareholders are, we find that insiders hold 6.48% of Senseonics Holdings Inc shares while 10.29% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 11.00%. There are 10.29% institutions holding the Senseonics Holdings Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 3.7729% of the shares, roughly 23.19 million SENS shares worth $9.25 million.

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