Sientra Inc. (NASDAQ:SIEN) previous close was $7.01 while the outstanding shares total 57.52M. The firm has a beta of 2.12. SIEN’s shares traded higher over the last trading session, gaining 0.14% on 06/03/21. The shares fell to a low of $6.84 before closing at $7.02. Intraday shares traded counted 0.67 million, which was 22.67% higher than its 30-day average trading volume of 861.31K. The stock’s Relative Strength Index (RSI) is 51.47, with weekly volatility at 3.92% and ATR at 0.37. The SIEN stock’s 52-week price range has touched low of $3.21 and a $8.93 high.
Investors have identified the Medical Devices company Sientra Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $408.99 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Sientra Inc. (SIEN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For SIEN, the company has in raw cash 80.37 million on their books with 5.82 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 159.17 million total, with 69.58 million as their total liabilities.
SIEN were able to record -13.99 million as free cash flow during the 08/10/2021 quarter of the year, this saw their quarterly net cash flow reduce by 25.41 million. In cash movements, the company had a total of -12.67 million as operating cash flow.
Potential earnings growth for Sientra Inc. (SIEN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/10/2021 quarter of the year, Sientra Inc. recorded a total of 23.24 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 27.13% coming in sequential stages and their sales for the 08/10/2021 quarter increasing by 2.55%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 10.94 million trying to sell their products during the last quarter, with the result yielding a gross income of 12.3 million. This allows shareholders to hold on to 57.52M with the recently reported earning now reading -1.01 cents per share. This is a figure that compared to analyst’s prediction for their 08/10/2021 (-0.10 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.69 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on SIEN sounds very interesting.
Is the stock of SIEN attractive?
In related news, VP, Controller and Interim CFO, MILLER VALERIE J sold 1,508 shares of the company’s stock in a transaction that recorded on Apr 06. The sale was performed at an average price of 7.13, for a total value of 10,751. As the sale deal closes, the VP, Controller and Interim CFO, MILLER VALERIE J now sold 1,582 shares of the company’s stock, valued at 11,849. Also, Chief Financial Officer, Little Paul Sean sold 4,123 shares of the company’s stock in a deal that was recorded on Feb 02. The shares were price at an average price of 4.91 per share, with a total market value of 20,256. Following this completion of acquisition, the GC & Chief Compliance Officer, Bennett Oliver Christian now holds 4,399 shares of the company’s stock, valued at 19,752. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.70%.
8 out of 8 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Sientra Inc.. 0 analysts has assigned a Sell rating on the SIEN stock. The 12-month mean consensus price target for the company’s shares has been set at $10.71.