Sientra Inc. [NASDAQ: SIEN] loss -8.40% or -0.33 points to close at $3.60 with a heavy trading volume of 1432642 shares. The company report on August 10, 2020 that Sientra Reports Second Quarter 2020 Financial Results.
Continued Strength in Core Breast Products Business Despite COVID-19 Headwinds.
Demonstrated Results Through “Drive the Recovery” Practice Initiatives.
It opened the trading session at $4.01, the shares rose to $4.04 and dropped to $3.60, the range by which the price of stock traded the whole day. The daily chart for SIEN points out that the company has recorded -28.43% loss over the past six months. However, it is still -260.0% lower than its most recent low trading price.
If we look at the average trading volume of 1.10M shares, SIEN reached to a volume of 1432642 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Sientra Inc. [SIEN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SIEN shares is $6.61 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SIEN stock is a recommendation set at 1.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Maxim Group have made an estimate for Sientra Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 12, 2020. The new note on the price target was released on November 05, 2019, representing the official price target for Sientra Inc. stock. Previously, the target price had yet another drop from $16 to $12, while Maxim Group kept a Buy rating on SIEN stock. On June 05, 2019, analysts increased their price target for SIEN shares from 8 to 10.
The Average True Range (ATR) for Sientra Inc. is set at 0.29, with the Price to Sales ratio for SIEN stock in the period of the last 12 months amounting to 2.51. The Price to Book ratio for the last quarter was 8.18, with the Price to Cash per share for the same quarter was set at 1.37.
Trading performance analysis for SIEN stock
Sientra Inc. [SIEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.76. With this latest performance, SIEN shares dropped by -4.00% in over the last four-week period, additionally sinking by -28.43% over the last 6 months – not to mention a drop of -45.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SIEN stock in for the last two-week period is set at 42.45, with the RSI for the last a single of trading hit 38.98, and the three-weeks RSI is set at 45.26 for Sientra Inc. [SIEN]. The present Moving Average for the last 50 days of trading for this stock 3.96, while it was recorded at 3.86 for the last single week of trading, and 4.87 for the last 200 days.
Sientra Inc. [SIEN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Sientra Inc. [SIEN] shares currently have an operating margin of -106.05 and a Gross Margin at +60.56. Sientra Inc.’s Net Margin is presently recorded at -127.62.
Return on Total Capital for SIEN is now -75.21, given the latest momentum, and Return on Invested Capital for the company is -96.51. Return on Equity for this stock declined to -143.61, with Return on Assets sitting at -57.31. When it comes to the capital structure of this company, Sientra Inc. [SIEN] has a Total Debt to Total Equity ratio set at 64.15. Additionally, SIEN Total Debt to Total Capital is recorded at 39.08, with Total Debt to Total Assets ending up at 25.70. Long-Term Debt to Equity for the company is recorded at 54.61, with the Long-Term Debt to Total Capital now at 33.27.
Reflecting on the efficiency of the workforce at the company, Sientra Inc. [SIEN] managed to generate an average of -$315,097 per employee. Receivables Turnover for the company is 3.34 with a Total Asset Turnover recorded at a value of 0.45.Sientra Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.90 and a Current Ratio set at 2.80.
Sientra Inc. [SIEN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Sientra Inc. posted -0.45/share EPS, while the average EPS was predicted by analysts to be reported at -0.47/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SIEN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sientra Inc. go to 20.00%.
An analysis of insider ownership at Sientra Inc. [SIEN]
There are presently around $144 million, or 80.70% of SIEN stock, in the hands of institutional investors. The top three institutional holders of SIEN stocks are: DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) with ownership of 4,162,804, which is approximately -1.535% of the company’s market cap and around 1.90% of the total institutional ownership; BLACKROCK INC., holding 3,230,252 shares of the stock with an approximate value of $11.63 million in SIEN stocks shares; and BLACKSTONE GROUP INC, currently with $9.83 million in SIEN stock with ownership of nearly 0% of the company’s market capitalization.
Positions in Sientra Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 54 institutional holders increased their position in Sientra Inc. [NASDAQ:SIEN] by around 7,528,330 shares. Additionally, 41 investors decreased positions by around 6,791,208 shares, while 13 investors held positions by with 25,637,507 shares. The mentioned changes placed institutional holdings at 39,957,045 shares, according to the latest SEC report filing. SIEN stock had 19 new institutional investments in for a total of 2,721,676 shares, while 16 institutional investors sold positions of 4,321,040 shares during the same period.