FY2030 EPS Estimates for Senestech Lifted by HC Wainwright

Senestech, Inc. (NASDAQ:SNES) – Stock analysts at HC Wainwright lifted their FY2030 earnings per share estimates for shares of Senestech in a research note issued on Tuesday, August 11th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings of $0.46 per share for the year, up from their previous estimate of $0.35. The consensus estimate for Senestech’s current full-year earnings is ($1.57) per share.

Separately, Weiss Ratings upgraded shares of Senestech from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, July 10th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Senestech currently has an average rating of “Sell”.

Senestech Price Performance

Senestech stock opened at $1.26 on Wednesday. The stock’s 50 day moving average is $1.49 and its 200 day moving average is $1.70. Senestech has a one year low of $1.15 and a one year high of $5.35. The firm has a market cap of $6.83 million, a P/E ratio of -0.92 and a beta of 0.28. The company has a debt-to-equity ratio of 0.02, a current ratio of 6.78 and a quick ratio of 5.81.

Senestech (NASDAQ:SNES) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.35) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.02. Senestech had a negative return on equity of 71.89% and a negative net margin of 294.73%.The company had revenue of $0.77 million during the quarter, compared to analysts’ expectations of $0.60 million.

Institutional Trading of Senestech

Large investors have recently modified their holdings of the stock. Diversify Wealth Management LLC bought a new stake in shares of Senestech in the 1st quarter valued at $31,000. Jane Street Group LLC bought a new position in Senestech during the fourth quarter worth $32,000. Diversify Advisory Services LLC bought a new position in Senestech during the fourth quarter worth $34,000. XTX Topco Ltd acquired a new stake in Senestech in the fourth quarter worth $54,000. Finally, Geode Capital Management LLC acquired a new stake in Senestech in the second quarter worth $59,000. Institutional investors and hedge funds own 5.19% of the company’s stock.

Insiders Place Their Bets

In other Senestech news, major shareholder Glenbrook Capital Management bought 35,000 shares of the stock in a transaction on Monday, July 20th. The stock was acquired at an average cost of $1.47 per share, for a total transaction of $51,450.00. Following the completion of the acquisition, the insider owned 1,057,824 shares in the company, valued at $1,555,001.28. This trade represents a 3.42% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders purchased 165,263 shares of company stock valued at $252,739 in the last ninety days. Insiders own 2.20% of the company’s stock.

About Senestech

SenesTech, Inc (NASDAQ: SNES) is a biotechnology company specializing in non-lethal pest management solutions. The company’s core focus is the development and commercialization of fertility-based control methods for commensal rodents, providing an alternative to traditional rodenticides. By targeting the reproductive cycle of rats, SenesTech aims to reduce rodent populations over time without the use of toxic chemicals, offering a more sustainable approach for pest management professionals.

The company’s flagship product, ContraPest®, is an EPA-registered liquid bait that disrupts rodent reproduction.