Sientra Inc. (SIEN) Upgraded to Hold by Zacks Investment Research
According to Zacks, “Sientra, Inc. is a medical aesthetics company. The Company offers plastic surgery implantable devices for cosmetic and reconstructive surgery, including Breast Implants, Tissue Expanders, Body Contouring, Implants and Specialty Products. Sentra’s primary products are silicone gel breast implants for use in breast augmentation and breast reconstruction procedures. It also offers a range of other aesthetic and specialty products. Sientra, Inc. is headquartered in Santa Barbara, California. “
Separately, William Blair reiterated a market perform rating on shares of Sientra in a report on Wednesday, August 10th.
Shares of Sientra (NASDAQ:SIEN) traded down 0.856% on Wednesday, hitting $8.685. 23,860 shares of the stock traded hands. The stock’s market cap is $157.49 million. The stock has a 50-day moving average price of $8.48 and a 200 day moving average price of $7.42. Sientra has a 12-month low of $2.78 and a 12-month high of $10.45.
Sientra (NASDAQ:SIEN) last announced its earnings results 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 firm earned $6.20 million during the quarter, compared to analyst estimates of $4.80 million. On average, analysts anticipate that Sientra will post ($2.31) earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. bought a new stake in Sientra during the second quarter valued at approximately $3,310,000. Cannell Capital LLC boosted its stake in Sientra by 95.2% in the second quarter. Cannell Capital LLC now owns 855,997 shares of the company’s stock valued at $5,632,000 after buying an additional 417,364 shares in the last quarter. Paloma Partners Management Co bought a new stake in Sientra during the second quarter valued at approximately $198,000. Geode Capital Management LLC boosted its stake in Sientra by 67.5% in the first quarter. Geode Capital Management LLC now owns 71,919 shares of the company’s stock valued at $491,000 after buying an additional 28,980 shares in the last quarter. Finally, State Street Corp boosted its stake in Sientra by 23.9% in the first quarter. State Street Corp now owns 82,717 shares of the company’s stock valued at $563,000 after buying an additional 15,954 shares in the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.
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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