Sientra (NASDAQ:SIEN) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a report issued on Thursday.

Several other equities analysts have also commented on the stock. Canaccord Genuity restated a “buy” rating and issued a $14.00 price objective on shares of Sientra in a report on Sunday, October 8th. Stifel Nicolaus restated a “hold” rating and issued a $14.00 price objective (up from $11.00) on shares of Sientra in a report on Wednesday, September 27th. William Blair upgraded shares of Sientra from a “market perform” rating to an “outperform” rating in a report on Wednesday, September 13th. Finally, Zacks Investment Research lowered shares of Sientra from a “hold” rating to a “sell” rating in a report on Tuesday, August 15th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $13.75.

Sientra (SIEN) traded up $0.03 during trading hours on Thursday, reaching $12.97. 119,911 shares of the company’s stock traded hands, compared to its average volume of 152,400. The company has a current ratio of 2.87, a quick ratio of 1.92 and a debt-to-equity ratio of 0.57. Sientra has a 12 month low of $7.20 and a 12 month high of $16.68.

Sientra (NASDAQ:SIEN) last posted its earnings results on Tuesday, November 7th. The medical instruments supplier reported ($0.74) earnings per share for the quarter, missing the consensus estimate of ($0.68) by ($0.06). Sientra had a negative net margin of 169.77% and a negative return on equity of 68.82%. The firm had revenue of $9.80 million during the quarter, compared to analyst estimates of $10.54 million. During the same quarter in the previous year, the firm earned ($0.55) earnings per share. The business’s revenue for the quarter was up 50.8% compared to the same quarter last year. equities analysts expect that Sientra will post -3.14 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new position in shares of Sientra in the 2nd quarter worth approximately $101,000. Nationwide Fund Advisors lifted its holdings in Sientra by 260.4% during the 2nd quarter. Nationwide Fund Advisors now owns 10,963 shares of the medical instruments supplier’s stock worth $107,000 after buying an additional 7,921 shares in the last quarter. Accredited Investors Inc. acquired a new stake in Sientra during the 2nd quarter worth approximately $115,000. New York State Common Retirement Fund acquired a new stake in Sientra during the 2nd quarter worth approximately $148,000. Finally, Rhumbline Advisers acquired a new stake in Sientra during the 2nd quarter worth approximately $158,000. Hedge funds and other institutional investors own 76.63% of the company’s stock.

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Sientra Company Profile

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.

Analyst Recommendations for Sientra (NASDAQ:SIEN)

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