Top investors say Senseonics Holdings Inc. (SENS) ticks everything they need

Senseonics Holdings Inc. (AMEX: SENS) stock jumped 7.34% on Monday to $1.17 against a previous-day closing price of $1.09. With 2.6 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.77 million shares. During the session, the Diagnostics & Research company that operates in wider Healthcare sector, reached to the highest price of $1.1700 whereas the lowest price it dropped to was $1.0850. The 52-week range on SENS shows that it touched its highest point at $3.89 and its lowest point at $0.77 during that stretch. It currently has a 1-year price target of $2.03. Beta for the stock currently stands at 0.88.

Top 5 Undervalued Stocks To Own In 2023

Microchip Maker Releases "World's Most Powerful Data Center CPU". It could allow the company who manufactures it to lead the industry as the global microchip shortage continues into the coming year. We've put together a free research report that explains all the details. Not only will you find out why analysts believe this chip manufacturer could lead the pack, you will also discover four more potential winners for the coming year.

Click here to download your Free Research Report…


Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SENS was up-trending over the past week, with a rise of 3.54%, but this was up by 15.84% over a month. Three-month performance surged to 5.41% while six-month performance fell -9.30%. The stock lost -56.18% in the past year, while it has gained 13.59% so far this year. A look at the trailing 12-month EPS for SENS yields 0.38 with Next year EPS estimates of -0.16. For the next quarter, that number is -0.04. This implies an EPS growth rate of 6.80% for this year and -176.20% for next year. EPS is expected to grow by 32.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -7.80%.

Float and Shares Shorts:

At present, 472.48 million SENS shares are outstanding with a float of 435.95 million shares on hand for trading. On Oct 13, 2022, short shares totaled 71.06 million, which was 15.27% higher than short shares on Sep 14, 2022. In addition to Dr. Timothy T. Goodnow as the firm’s Pres, CEO & Director, Dr. Mukul Jain serves as its Chief Operating Officer.

Institutional Ownership:

Through their ownership of 28.53% of SENS’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 9.39% of SENS, in contrast to 14.06% held by mutual funds. Shares owned by individuals account for 11.60%. As the largest shareholder in SENS with 5.87% of the stake, BlackRock Fund Advisors holds 28,053,675 shares worth 28,053,675. A second-largest stockholder of SENS, The Vanguard Group, Inc., holds 21,400,035 shares, controlling over 4.47% of the firm’s shares. SSgA Funds Management, Inc. is the third largest shareholder in SENS, holding 11,266,134 shares or 2.36% stake. With a 2.71% stake in SENS, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 12,947,685 shares are owned by the mutual fund manager. The iShares Russell 2000 ETF, which owns about 2.17% of SENS stock, is the second-largest Mutual Fund holder. It holds 10,393,690 shares valued at 10.71 million. Vanguard Extended Market Index Fu holds 1.30% of the stake in SENS, owning 6,196,872 shares worth 6.38 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SENS since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SENS analysts setting a high price target of $3.00 and a low target of $0.60, the average target price over the next 12 months is $2.03. Based on these targets, SENS could surge 156.41% to reach the target high and fall by -48.72% to reach the target low. Reaching the average price target will result in a growth of 73.5% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. SENS will report FY 2022 earnings on 02/28/2024. Analysts have provided yearly estimates in a range of -$0.15 being high and -$0.18 being low. For SENS, this leads to a yearly average estimate of -$0.16. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Senseonics Holdings Inc. surprised analysts by -$0.09 when it reported -$0.13 EPS against a consensus estimate of -$0.04. The surprise factor in the prior quarter was $0.01. Based on analyst estimates, the high estimate for the next quarter is -$0.04 and the low estimate is -$0.05. The average estimate for the next quarter is thus -$0.04.

Summary of Insider Activity:

Insiders traded SENS stock several times over the past three months with 5 Buys and 0 Sells. In these transactions, 122,832 shares were bought while 0 shares were sold. The number of buy transactions has increased to 43 while that of sell transactions has risen to 13 over the past year. The total number of shares bought during that period was 6,773,393 while 1,732,821 shares were sold.

Leave a Comment

Your email address will not be published. Required fields are marked *