H.C. Wainwright lifts Senseonics Holdings Inc. [SENS] price estimate. Who else is bullish?

Senseonics Holdings Inc. [AMEX: SENS] slipped around -0.05 points on Thursday, while shares priced at $0.93 at the close of the session, down -5.35%. The company report on February 17, 2023 that Senseonics Holdings, Inc. and PHC Holdings Corporation To Host Joint Eversense CGM Virtual Analyst and Investor Event on March 15, 2023.


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Senseonics to report fourth quarter and full year 2022 financial results after market close March 15, 2023 with results to be discussed during the event.

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 plans to host a joint virtual analyst and investor event alongside PHC Holdings Corporation, the parent company of Senseonics’ global commercial partner, Ascensia Diabetes Care, on Wednesday, March 15, 2023 at 6:30pm ET.

Senseonics Holdings Inc. stock is now -9.96% down from its year-to-date (YTD) trading value. SENS Stock saw the intraday high of $1.02 and lowest of $0.91 per share. The company’s 52-week high price is 2.44, which means current price is +1.91% above from all time high which was touched on 02/03/23.

Compared to the average trading volume of 2.46M shares, SENS reached a trading volume of 2569199 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Senseonics Holdings Inc. [SENS]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SENS shares is $1.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SENS stock is a recommendation set at 2.80. 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.

H.C. Wainwright have made an estimate for Senseonics Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 19, 2021. The new note on the price target was released on April 01, 2021, representing the official price target for Senseonics Holdings Inc. stock.

The Average True Range (ATR) for Senseonics Holdings Inc. is set at 0.06, with the Price to Sales ratio for SENS stock in the period of the last 12 months amounting to 27.68.

How has SENS stock performed recently?

Senseonics Holdings Inc. [SENS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.39. With this latest performance, SENS shares dropped by -19.36% in over the last four-week period, additionally sinking by -42.04% over the last 6 months – not to mention a drop of -46.70% 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 SENS stock in for the last two-week period is set at 37.29, with the RSI for the last a single of trading hit 33.37, and the three-weeks RSI is set at 40.04 for Senseonics Holdings Inc. [SENS]. The present Moving Average for the last 50 days of trading for this stock 1.0713, while it was recorded at 0.9940 for the last single week of trading, and 1.2453 for the last 200 days.

Senseonics Holdings Inc. [SENS]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Senseonics Holdings Inc. [SENS] shares currently have an operating margin of -418.15 and a Gross Margin at -5.93. Senseonics Holdings Inc.’s Net Margin is presently recorded at -2211.88.

Senseonics Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.80 and a Current Ratio set at 2.90.

Earnings analysis for Senseonics Holdings Inc. [SENS]

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 SENS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Senseonics Holdings Inc. go to 32.10%.

Insider trade positions for Senseonics Holdings Inc. [SENS]

There are presently around $108 million, or 27.50% of SENS stock, in the hands of institutional investors. The top three institutional holders of SENS stocks are: BLACKROCK INC. with ownership of 32,405,894, which is approximately 3.451% of the company’s market cap and around 1.30% of the total institutional ownership; VANGUARD GROUP INC, holding 24,013,935 shares of the stock with an approximate value of $22.26 million in SENS stocks shares; and STATE STREET CORP, currently with $10.89 million in SENS stock with ownership of nearly 4.289% of the company’s market capitalization.

Positions in Senseonics Holdings Inc. stocks held by institutional investors increased at the end of Wednesday and at the time of the Wednesday reporting period, where 82 institutional holders increased their position in Senseonics Holdings Inc. [AMEX:SENS] by around 10,223,613 shares. Additionally, 66 investors decreased positions by around 6,202,705 shares, while 68 investors held positions by with 99,983,645 shares. The mentioned changes placed institutional holdings at 116,409,963 shares, according to the latest SEC report filing. SENS stock had 23 new institutional investments in for a total of 2,621,058 shares, while 24 institutional investors sold positions of 3,263,583 shares during the same period.

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