Are You Looking To Buy Sientra Inc. (SIEN)? First, Read This

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Sientra Inc. (NASDAQ:SIEN) finished Friday with a subtraction of $0.0 to close at $0.20, an upside of 1.45 percent. An average of 884,800 shares of common stock have been traded in the last five days. There was a fall of -$0.0072 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 925,415 shares traded, while the 50-day average volume stands at 2,599,622.

SIEN stock has decreased by -27.54% in the last month. The company shares reached their 1-month lowest point of $0.1800 on 12/28/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $0.16 and a high of $3.88 in 52 weeks. It has reached a new high 1 time so far this year and lost -94.47% or -$3.4671 in price. In spite of this, the price is down -94.78% from the 52-week high.


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Valuation Metrics

Sientra Inc. (SIEN) stock’s beta is 1.54. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.23.

Financial Health

The quick ratio of Sientra Inc. for the three months ended June 29 was 0.70, and the current ratio was 1.30, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $44.34 million compared to revenue of $80.68 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Sientra Inc.’s return on assets was -36.80%.

Earnings Surprise

For the three-month period that ended June 29, Sientra Inc. had $70.06 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$14.98 million in the quarter, while revenues of -$18.3 million were grew 289.65%. The analyst consensus anticipated Sientra Inc.’s latest quarter earnings to come in at -$0.23 per share, but it turned out to be -$0.29, a -26.10% surprise. For the quarter, EBITDA amounted to -$9.91 million. Shareholders own equity worth $101.0 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Sientra Inc. (SIEN) price momentum. RSI 9-day as of the close on 30 December was 32.09%, suggesting the stock is Neutral, with historical volatility in this time frame at 58.80%.

As of today, SIEN’s price is $0.1991 -3.43% or -$0.0072 from its 5-day moving average. SIEN is currently trading -30.03% lower than its 20-day SMA and -81.21% lower than its 100-day SMA. However, the stock’s current price level is -46.90% below the SMA50 and -90.98% below the SMA200.

The stochastic %K and %D were 16.56% and 11.87%, respectively, and the average true range (ATR) was 0.0277. With the 14-day stochastic at 21.77% and the average true range at 0.0318, the RSI (14) stands at 35.04%. The stock has reached -0.0103 on the 9-day MACD Oscillator while the 14-day reading was at -0.0288.

Analyst Ratings

Lake Street launched coverage on Sientra Inc. (NASDAQ: SIEN) in its analyst report released on April 14, 2022. The firm assigned the stock a Buy rating. The consensus rating for Sientra Inc. (SIEN) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell SIEN, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is SIEN’s price target for the next 12 months?

Analysts predict a range of price targets between $0.75 and $3.00, with a median target of $1.30. Taking a look at these predictions, the average price target given by analysts for Sientra Inc. (SIEN) stock is $1.68.

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