Is Senseonics Holdings Inc (SENS) Stock a Good Buy for Short-term Investors?

At the time of writing, Senseonics Holdings Inc [SENS] stock is trading at $0.73, up 5.04%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SENS shares have gain 12.99% over the last week, with a monthly amount glided 39.87%, and seem to be holding up well over a long-time horizon.

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On 15, February 2024, Senseonics Holdings, Inc. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call for February 29, 2024 at 4:30 P.M. Eastern Time. In a post published today on Yahoo Finance, Senseonics Holdings, Inc. (NYSE American: SENS), a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, today announced that it plans to release its fourth quarter and full year 2023 financial results after market close on Thursday, February 29, 2024.

From an analyst’s perspective:

Senseonics Holdings Inc [AMEX: SENS] stock has seen the most recent analyst activity on July 19, 2023, when Jefferies initiated its Underperform rating and assigned the stock a price target of $0.50. Previously, H.C. Wainwright started tracking the stock with Buy rating on August 19, 2021, and set its price target to $6. On April 01, 2021, downgrade downgraded it’s rating to Mkt Perform but maintained its price target of $3 on the stock. Raymond James downgraded its rating to a Underperform. BTIG Research downgraded its rating to a Neutral. Craig Hallum downgraded its rating to Sell for this stock on January 20, 2021. In a note dated August 11, 2020, Craig Hallum upgraded an Hold rating on this stock.

For the past year, the stock price of Senseonics Holdings Inc fluctuated between $0.46 and $1.05. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Senseonics Holdings Inc [AMEX: SENS] shares were valued at $0.73 at the most recent close of the market. An investor can expect a potential return of 310.96% based on the average SENS price forecast.

Analyzing the SENS fundamentals

According to Senseonics Holdings Inc [AMEX:SENS], the company’s sales were 19.93M for trailing twelve months, which represents an 31.91% jump. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.6999 points at the first support level, and at 0.6699 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7515, and for the 2nd resistance point, it is at 0.7731.

Senseonics Holdings Inc [SENS] reported earnings per share of -$0.04 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.03/share, meaning a difference of -$0.01 and a surprise factor of -33.30%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.04 per share as compared to estimates of -$0.04 per share, a difference of $0 representing a surprise of 0.00%.

Ratios To Look Out For

It is important to note that Senseonics Holdings Inc [AMEX:SENS] has a current ratio of 8.45. Also, the Quick Ratio is 7.88, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 19.35, the price to book ratio is 7.41.

Transactions by insiders

Recent insider trading involved Larkin Sharon, Director, that happened on Sep 07 when 30889.0 shares were sold. Director, ROEDER DOUGLAS A completed a deal on Aug 30 to buy 0.3 million shares.

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