Senseonics Holdings Inc (AMEX: SENS): Another Stock Investors Should Watch

During the recent session, Senseonics Holdings Inc (AMEX:SENS)’s traded shares were 0.78 million, with the beta value of the company hitting 0.80. The 52-week high for the SENS share is $0.75, that puts it down -134.38 from that peak though still a striking 12.5% gain since the share price plummeted to a 52-week low of $0.28. The company’s market capitalization is $189.79M, and the average intraday trading volume over the past 10 days was 6.63 million shares, and the average trade volume was 4.97 million shares over the past three months.

Senseonics Holdings Inc (SENS) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.00. SENS has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.03.

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Senseonics Holdings Inc (AMEX:SENS) trade information

Senseonics Holdings Inc (SENS) registered a -1.21% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.21% in intraday trading to $0.32, hitting a weekly high. The stock’s 5-day price performance is 12.61%, and it has moved by -8.50% in 30 days. Based on these gigs, the overall price performance for the year is -46.01%. The short interest in Senseonics Holdings Inc (AMEX:SENS) is 47.6 million shares and it means that shorts have 13.2 day(s) to cover.

The consensus price target of analysts on Wall Street is $3, which implies an increase of 89.33% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $3 respectively. As a result, SENS is trading at a discount of -837.5% off the target high and -837.5% off the low.

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 -28.20% during the last six months, with a year-to-date growth rate less than the industry average at -27.27% against 25.80. In the rating firms’ projections, revenue will decrease -1.84% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 7.79M as predicted by 5 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 6.92M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 8.03M and 5.05M respectively. In this case, analysts expect current quarter sales to shrink by -3.01% and then jump by 37.01% 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 -25.45% in 2024.

SENS Dividends

Senseonics Holdings Inc is due to release its next quarterly earnings in December. 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 5.70% of total outstanding shares while institutional holders control 10.06%, with the float percentage being 10.67%. VANGUARD GROUP INC is the largest shareholder of the company, while 144.0 institutions own stock in it. As of 2024-06-30, the company held over 23.19 million shares (or 3.7729% of all shares), a total value of $9.25 million in shares.

The next largest institutional holding, with 8.32 million shares, is of BLACKROCK INC.’s that is approximately 1.3539% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.32 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 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 13.15 shares. This amounts to just over 2.21 percent of the company’s overall shares, with a $4.25 million market value. The same data shows that the other fund manager holds slightly less at 7.94, or about 1.33% of the stock, which is worth about $2.56 million.