Sientra Inc. (NASDAQ:SIEN) has been given a consensus broker rating score of 3.00 (Hold) from the two brokers that provide coverage for 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 94 out of 265 based on the ratings given to its competitors.
Several brokerages recently issued reports on SIEN. Zacks Investment Research upgraded shares of Sientra from a “sell” rating to a “hold” rating in a research report on Wednesday, September 21st. William Blair reiterated a “market perform” rating on shares of Sientra in a research report on Wednesday, August 10th.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. 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 during the last quarter. Ameriprise Financial Inc. acquired a new position in Sientra during the second quarter worth about $3,310,000. 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 during the last quarter. 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 during the last quarter. Finally, TIAA CREF Investment Management LLC acquired a new position in Sientra during the first quarter worth about $253,000. Institutional investors own 68.85% of the company’s stock.
Sientra (NASDAQ:SIEN) traded down 0.24% on Wednesday, hitting $8.37. 29,947 shares of the stock traded hands. The stock’s market capitalization is $151.78 million. The company’s 50 day moving average price is $8.16 and its 200-day moving average price is $7.28. Sientra has a 12-month low of $2.78 and a 12-month high of $10.61.
Sientra (NASDAQ:SIEN) last issued its quarterly earnings results on Tuesday, August 9th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.51) by $0.05. The company had revenue of $6.20 million for the quarter, compared to analyst estimates of $4.80 million. Sientra had a negative return on equity of 36.16% and a negative net margin of 297.09%. Analysts predict that Sientra will post ($2.31) EPS for the current 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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