Boom Or Bust: What Is Next For Senseonics Holdings Inc (AMEX: SENS) Stock?

Senseonics Holdings Inc (AMEX:SENS)’s traded shares stood at 10.26 million during the latest session, with the company’s beta value hitting 0.63. At the last check today, the stock’s price was $0.81, to imply an increase of 13.92% or $0.1 in intraday trading. The SENS share’s 52-week high remains $0.83, putting it -2.47% down since that peak but still an impressive 69.14% since price per share fell to its 52-week low of $0.25. The company has a valuation of $482.19M, with an average of 22.69 million shares in intraday trading volume over the past 10 days and average of 10.66 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Senseonics Holdings Inc (SENS), translating to a mean rating of 3.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SENS a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.03.

Senseonics Holdings Inc (AMEX:SENS) trade information

After registering a 13.92% upside in the latest session, Senseonics Holdings Inc (SENS) has traded red over the past five days. The 5-day price performance for the stock is 88.19%, and 81.28% over 30 days. With these gigs, the year-to-date price performance is 54.75%. Short interest in Senseonics Holdings Inc (AMEX:SENS) saw shorts transact 43.06 million shares and set a 3.04 days time to cover.

The extremes give us $3 and $3 for target low and target high price respectively. As such, SENS has been trading -270.37% off suggested target high and -270.37% from its likely low.

Senseonics Holdings Inc (SENS) estimates and forecasts

Looking at statistics comparing Senseonics Holdings Inc share performance against respective industry, we note that the company has underperformed competitors. Senseonics Holdings Inc (SENS) shares are 72.33% up over the last 6 months, with its year-to-date growth rate lower than industry average at -27.27% against 24.90%. The rating firms project that company’s revenue will shrink -1.57% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is 7.85M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 6.92M.Earnings reports from the last fiscal year show that sales brought in 8.03M and 5.05M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -2.27% before jumping 37.01% in the following quarter.

SENS Dividends

Senseonics Holdings Inc has its next earnings report out in February. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Senseonics Holdings Inc insiders hold 4.94% of total outstanding shares, with institutional holders owning 10.01% of the shares at 10.53% float percentage. In total, 10.01% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 23.19 million shares (or 3.7729% of shares), all amounting to roughly $9.25 million.

The next major institution holding the largest number of shares is BLACKROCK INC. with 8.32 million shares, or about 1.3539% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $3.32 million.

We also have Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Senseonics Holdings Inc (SENS) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 13.15 shares. This is just over 2.21% of the total shares, with a market valuation of $10.52 million. Data from the same date shows that the other fund manager holds a little less at 7.94, or 1.33% of the shares, all valued at about 6.35 million.