Sensus Healthcare (NASDAQ:SRTS) Upgraded to “Buy” by ValuEngine

Share on StockTwits

ValuEngine upgraded shares of Sensus Healthcare (NASDAQ:SRTS) from a hold rating to a buy rating in a research report sent to investors on Saturday morning, ValuEngine reports.

A number of other analysts have also issued reports on SRTS. Maxim Group restated a buy rating and issued a $11.00 target price on shares of Sensus Healthcare in a report on Friday, May 10th. TheStreet lowered Sensus Healthcare from a c- rating to a d+ rating in a report on Wednesday, May 22nd. HC Wainwright restated a buy rating and issued a $9.00 target price on shares of Sensus Healthcare in a report on Monday, May 13th. Finally, Alliance Global Partners lowered Sensus Healthcare from a buy rating to a neutral rating in a report on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $9.50.

SRTS opened at $6.01 on Friday. The firm has a fifty day simple moving average of $5.35. The stock has a market capitalization of $98.09 million, a price-to-earnings ratio of -42.93 and a beta of -0.21. Sensus Healthcare has a 12-month low of $4.75 and a 12-month high of $9.23.

Sensus Healthcare (NASDAQ:SRTS) last released its earnings results on Thursday, August 8th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.06. The company had revenue of $7.48 million during the quarter, compared to analyst estimates of $8.04 million. Sensus Healthcare had a negative return on equity of 8.89% and a negative net margin of 8.65%. On average, equities analysts anticipate that Sensus Healthcare will post -0.13 earnings per share for the current year.

Several large investors have recently made changes to their positions in SRTS. Wells Fargo & Company MN purchased a new stake in shares of Sensus Healthcare during the second quarter worth $30,000. Northern Trust Corp acquired a new position in Sensus Healthcare during the fourth quarter worth $86,000. BerganKDV Wealth Management LLC acquired a new position in Sensus Healthcare during the first quarter worth $88,000. B. Riley Wealth Management Inc. acquired a new position in Sensus Healthcare during the first quarter worth $117,000. Finally, Spark Investment Management LLC acquired a new position in Sensus Healthcare during the first quarter worth $155,000. Institutional investors and hedge funds own 9.53% of the company’s stock.

About Sensus Healthcare

Sensus Healthcare, Inc manufactures and markets superficial radiation therapy devices to healthcare providers worldwide. It offers SRT-100, a photon X-ray low energy superficial radiotherapy system that provides patients an alternative to surgery for treating non-melanoma skin cancers; and SRT-100 Vision, which provides the user with a superficial radiation therapy-tailored treatment planning application that integrates the embedded high frequency ultrasound imaging module, volumetric tumor analysis, beam margins planning, and dosimetry parameters.

See Also: 12b-1 Fees

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Sensus Healthcare (NASDAQ:SRTS)

Receive News & Ratings for Sensus Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensus Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Renaissance Technologies LLC Reduces Stock Holdings in Manhattan Associates, Inc.
Renaissance Technologies LLC Reduces Stock Holdings in Manhattan Associates, Inc.
$0.02 EPS Expected for Pareteum Corp  This Quarter
$0.02 EPS Expected for Pareteum Corp This Quarter
Russell Investments Group Ltd. Decreases Stake in Barnes Group Inc.
Russell Investments Group Ltd. Decreases Stake in Barnes Group Inc.
LPL Financial LLC Acquires Shares of 32,305 Hartford Short Duration ETF
LPL Financial LLC Acquires Shares of 32,305 Hartford Short Duration ETF
LPL Financial LLC Has $1.28 Million Stake in Murphy USA Inc
LPL Financial LLC Has $1.28 Million Stake in Murphy USA Inc
Russell Investments Group Ltd. Has $1.89 Million Stock Position in Redfin Corp
Russell Investments Group Ltd. Has $1.89 Million Stock Position in Redfin Corp


 
© 2006-2019 Zolmax.