Sensus Healthcare (NASDAQ:SRTS) Issues Quarterly Earnings Results, Misses Estimates By $0.20 EPS

Sensus Healthcare (NASDAQ:SRTSGet Free Report) released its quarterly earnings data on Thursday. The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.20), Zacks reports. The company had revenue of $8.34 million for the quarter, compared to analyst estimates of $7.23 million. Sensus Healthcare had a net margin of 15.90% and a return on equity of 12.60%.

Sensus Healthcare Stock Down 3.3%

SRTS opened at $4.66 on Friday. The stock has a market cap of $76.87 million, a P/E ratio of 11.65 and a beta of 1.30. Sensus Healthcare has a 12 month low of $4.01 and a 12 month high of $9.33. The company has a fifty day simple moving average of $4.61 and a 200 day simple moving average of $6.14.

Wall Street Analyst Weigh In

SRTS has been the subject of a number of research analyst reports. Lake Street Capital dropped their target price on shares of Sensus Healthcare from $18.00 to $13.00 and set a “buy” rating for the company in a research note on Tuesday, March 11th. HC Wainwright reiterated a “buy” rating and issued a $12.00 price objective on shares of Sensus Healthcare in a research report on Friday, April 4th.

Check Out Our Latest Research Report on SRTS

About Sensus Healthcare

(Get Free Report)

Sensus Healthcare, Inc, a medical device company, manufactures and sells radiation therapy devices to healthcare providers worldwide. The company uses superficial radiation therapy, a low-energy X-ray technology in its portfolio of treatment devices. 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, including basal cell and squamous cell skin cancers, as well as other skin conditions, such as keloids; and SRT-100 Vision, which provides the user with a superficial radiation therapy-tailored treatment planning application that integrates an embedded high frequency ultrasound imaging module, volumetric tumor analysis, beam margins planning, and dosimetry parameters.

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Earnings History for Sensus Healthcare (NASDAQ:SRTS)

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