Sensus Healthcare, Inc. (SRTS) closed the most recent trading day at $3.29, moving +2.17% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.58%. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.89%.
Coming into today, shares of the company had gained 1.9% in the past month. In that same time, the Medical sector gained 3.7%, while the S&P 500 gained 0.16%.
Market participants will be closely following the financial results of Sensus Healthcare, Inc. in its upcoming release. In that report, analysts expect Sensus Healthcare, Inc. to post earnings of -$0.12 per share. This would mark a year-over-year decline of 271.43%. At the same time, our most recent consensus estimate is projecting a revenue of $4.64 million, reflecting a 47.51% fall from the equivalent quarter last year.
SRTS's full-year Zacks Consensus Estimates are calling for earnings of -$0.43 per share and revenue of $26.34 million. These results would represent year-over-year changes of -204.88% and -37%, respectively.
Any recent changes to analyst estimates for Sensus Healthcare, Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Sensus Healthcare, Inc. currently has a Zacks Rank of #3 (Hold).
The Medical - Instruments industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 91, which puts it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Sensus Healthcare, Inc. (SRTS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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