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.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

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.

Related Posts