Zacks: Sientra Inc. (SIEN) Receives Consensus Rating of “Hold” from Brokerages
Sientra Inc. (NASDAQ:SIEN) has been given a consensus broker rating score of 3.00 (Hold) from the two brokers that cover the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation.
Zacks has also given Sientra an industry rank of 112 out of 265 based on the ratings given to related companies.
SIEN has been the topic of a number of recent research reports. William Blair restated a “market perform” rating on shares of Sientra in a report on Wednesday, August 10th. Zacks Investment Research lowered shares of Sientra from a “hold” rating to a “sell” rating in a report on Friday, August 12th.
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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. purchased a new position in Sientra during the second quarter worth about $3,310,000. Cannell Capital LLC increased its position in Sientra by 95.2% in the second quarter. Cannell Capital LLC now owns 855,997 shares of the company’s stock worth $5,632,000 after buying an additional 417,364 shares in the last quarter. Paloma Partners Management Co bought a new position in Sientra during the second quarter worth approximately $198,000. Geode Capital Management LLC increased its position in Sientra by 67.5% in the first quarter. Geode Capital Management LLC now owns 71,919 shares of the company’s stock worth $491,000 after buying an additional 28,980 shares in the last quarter. Finally, State Street Corp increased its position in Sientra by 23.9% in the first quarter. State Street Corp now owns 82,717 shares of the company’s stock worth $563,000 after buying an additional 15,954 shares in the last quarter. Institutional investors own 68.85% of the company’s stock.
Sientra (NASDAQ:SIEN) traded up 1.302% on Monday, hitting $8.945. 24,156 shares of the stock traded hands. Sientra has a 12-month low of $2.78 and a 12-month high of $10.45. The firm’s 50-day moving average price is $8.53 and its 200-day moving average price is $7.44. The stock’s market cap is $162.21 million.
Sientra (NASDAQ:SIEN) last released its quarterly earnings data on Tuesday, August 9th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of ($0.51) by $0.05. Sientra had a negative return on equity of 36.16% and a negative net margin of 297.09%. The business earned $6.20 million during the quarter, compared to analysts’ expectations of $4.80 million. On average, equities research analysts anticipate that Sientra will post ($2.31) EPS for the current fiscal year.
Sientra, Inc is a medical aesthetics company. The Company’s primary products are silicone gel breast implants for use in breast augmentation and breast reconstruction procedures, which it offers in over 190 variations of shapes, sizes and textures. The Company sells its breast implants and breast tissue expanders, or breast products to plastic surgeons.
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