The price of Sientra Inc. (NASDAQ:SIEN) shares last traded on Wall Street fell -8.26% to $4.11.
Based on available information, 3 analysts follow Sientra Inc. (NASDAQ:SIEN). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $10.00 and a low of $3.00, we find $5.00. Given the previous closing price of $4.48, this indicates a potential upside of 11.61 percent. SIEN stock price is now 101.45% away from the 50-day moving average and 64.67% away from the 200-day moving average. The market capitalization of the company currently stands at $39.62M.
Among analysts, 0 rate the stock a hold while 3 rate it a buy. Brokers who have rated the stock have averaged $6.00 as their price target over the next twelve months.
With the price target of $8, Lake Street recently initiated with Buy rating for Sientra Inc. (NASDAQ: SIEN).
Insiders disposed of 56,683 shares of company stock worth roughly $0.23 million over the past 1 year. A total of 0.90% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SIEN stock. A new stake in Sientra Inc. shares was purchased by CARLYLE GROUP INC. during the first quarter worth $688,000. HIGHTOWER ADVISORS, LLC invested $271,000 in shares of SIEN during the first quarter. In the first quarter, SIMPLEX TRADING, LLC acquired a new stake in Sientra Inc. valued at approximately $60,000. WARBERG ASSET MANAGEMENT LLC acquired a new stake in SIEN for approximately $41,000. In total, there are 72 active investors with 27.80% ownership of the company’s stock.
A candlestick chart of Sientra Inc. (NASDAQ: SIEN) showed a price of $4.5100 on Tuesday morning. During the past 12 months, Sientra Inc. has had a low of $1.25 and a high of $16.50. The fifty day moving average price for SIEN is $2.0954 and a two-hundred day moving average price translates $2.4893 for the stock.
The latest earnings results from Sientra Inc. (NASDAQ: SIEN) was released for Mar, 2023. According to the Medical Devices Company, earnings per share came in at -$1.06, beating analysts’ expectations of -$1.22 by 0.16. This compares to -$0.01 EPS in the same period last year. The company reported revenue of $22.56 million for the quarter, compared to $21.4 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.42 percent. For the current quarter, analysts expect SIEN to generate $24.75M in revenue.
Sientra Inc.(SIEN) Company Profile
Sientra, Inc., a medical aesthetics company, develops and sells medical aesthetics products in the United States and internationally. It offers silicone gel breast implants for use in breast augmentation and breast reconstruction procedures; breast tissue expanders; and scar management products under the Sientra Round, Sientra Teardrop, AlloX2, Dermaspan, Softspan, and BIOCORNEUM brand names. The company also provides fat transfer systems; body contouring products; facial and nasal implants; saline filled sizers. It serves to hospitals, surgery centers, plastic surgeons, dermatologists, and other specialties. The company was formerly known as Juliet Medical, Inc. and changed its name to Sientra, Inc. in April 2007. Sientra, Inc. was incorporated in 2003 and is headquartered in Irvine, California.
