Does Senseonics Holdings Inc. (AMEX:SENS) have deteriorating prospects?

Senseonics Holdings Inc. (AMEX:SENS) shares traded -4.10% lower at $0.74 on Wall Street last session.

In accordance with the data, 5 analysts cover Senseonics Holdings Inc. (AMEX:SENS). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $3.00 and a low of $0.50, we find $2.50. Given the previous closing price of $0.77, this indicates a potential upside of 224.68 percent. SENS stock price is now -9.24% away from the 50-day moving average and -19.75% away from the 200-day moving average. The market capitalization of the company currently stands at $347.66M.

It has been rated a hold by 1 analysts and a buy by 2. Brokers who have rated the stock have averaged $2.00 as their price target over the next twelve months.

With the price target of $0.50, Jefferies recently initiated with Underperform rating for Senseonics Holdings Inc. (AMEX: SENS).

Insiders disposed of 2,237,377 shares of company stock worth roughly $1.66 million over the past 1 year. A total of 1.30% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in SENS stock. A new stake in Senseonics Holdings Inc. shares was purchased by GMT CAPITAL CORP during the first quarter worth $538,000. VIRTU FINANCIAL LLC invested $256,000 in shares of SENS during the first quarter. In the first quarter, OLD MISSION CAPITAL, LLC acquired a new stake in Senseonics Holdings Inc. valued at approximately $227,000. MIRABELLA FINANCIAL SERVICES LLP acquired a new stake in SENS for approximately $217,000. AUSDAL FINANCIAL PARTNERS, INC. purchased a new stake in SENS valued at around $35,000 in the second quarter.

Senseonics Holdings Inc. (AMEX: SENS) opened at $0.7850 on Thursday. During the past 12 months, Senseonics Holdings Inc. has had a low of $0.54 and a high of $2.44. As of last week, the company has a debt-to-equity ratio of 0.58, a current ratio of 10.20, and a quick ratio of 9.70. According to the stock market information, the enterprise value for the company is $266.18M, which is based on a 11.17 price-to-earnings ratio, a 0.35 price-to-earnings-growth ratio, and a beta of 0.97. The fifty day moving average price for SENS is $0.8136 and a two-hundred day moving average price translates $0.9168 for the stock.

The latest earnings results from Senseonics Holdings Inc. (AMEX: SENS) was released for Mar, 2023. According to the Medical Devices Company, earnings per share came in at $0, beating analysts’ expectations of -$0.03 by 0.03. This compares to $0.14 EPS in the same period last year. The company reported revenue of $4.14 million for the quarter, compared to $2.48 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 66.75 percent. For the current quarter, analysts expect SENS to generate $4.49M in revenue.

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