Headlines about Asante Solutions (NASDAQ:PUMP) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Asante Solutions earned a news impact score of 0.16 on Accern’s scale. Accern also gave media coverage about the company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern’s analysis:
- Asante Solutions Inc (NASDAQ:PUMP) Expected to Announce Earnings of $0.04 Per Share (americanbankingnews.com)
- Asante Solutions Inc (NASDAQ:PUMP) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Asante Solutions Inc (PUMP) Given “Buy” Rating at Piper Jaffray Companies (americanbankingnews.com)
- ProPetro Holding Corp. breached its 50 day moving average in a Bearish Manner : PUMP-US : July 10, 2017 (finance.yahoo.com)
Shares of Asante Solutions (NASDAQ:PUMP) opened at 13.82 on Tuesday. Asante Solutions has a 12 month low of $11.68 and a 12 month high of $15.30. The stock’s 50 day moving average is $13.34 and its 200 day moving average is $13.44. The firm’s market cap is $1.15 billion.
Asante Solutions (NASDAQ:PUMP) last issued its earnings results on Wednesday, May 10th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.05) by $0.38. The firm had revenue of $171.90 million during the quarter, compared to analyst estimates of $169.68 million. Asante Solutions’s revenue was up 95.6% on a year-over-year basis. On average, analysts anticipate that Asante Solutions will post $0.24 earnings per share for the current fiscal year.
A number of research firms have weighed in on PUMP. Credit Suisse Group began coverage on shares of Asante Solutions in a research report on Tuesday, April 11th. They set an “outperform” rating and a $18.00 price objective for the company. Tudor Pickering initiated coverage on shares of Asante Solutions in a research report on Monday, April 17th. They set a “buy” rating for the company. Barclays PLC initiated coverage on shares of Asante Solutions in a report on Tuesday, April 11th. They set an “overweight” rating and a $18.00 target price for the company. Instinet reaffirmed a “buy” rating and set a $19.00 target price on shares of Asante Solutions in a report on Wednesday, April 19th. Finally, Evercore ISI began coverage on shares of Asante Solutions in a report on Tuesday, April 11th. They issued an “outperform” rating and a $19.00 price objective for the company. Two analysts have rated the stock with a sell rating, one has issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $19.20.
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Asante Solutions Company Profile
Asante Solutions, Inc is a medical device company. The Company is a manufacturer of Asante Snap Insulin Pump System (Snap system), which is a pump featuring a modular design with pre-filled insulin cartridges and disposable pump bodies, utilized in combination with a controller. The Snap system comprises four components: the Snap system controller, a disposable pump body, disposable pre-filled insulin cartridges and disposable infusion sets.
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