Asante Solutions Company Profile (NASDAQ:PUMP)

About Asante Solutions (NASDAQ:PUMP)

Asante Solutions logoAsante 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. The Snap system also incorporates a technology that allows for auto-priming, whereby, without user intervention, the infusion tubing is automatically filled with insulin every time a new cartridge is inserted. The disposable pump body, which contains a fresh battery, is designed to be used for a week. The Company markets the Snap system through distributors of medical equipment and supplies to individuals with diabetes.

Industry, Sector and Symbol:
  • Sector: Healthcare
  • Industry: Medical Equipment, Supplies & Distribution
  • Sub-Industry: N/A
  • Symbol: NASDAQ:PUMP
  • CUSIP: N/A
  • Web: N/A
  • Market Cap: $1.21 billion
  • Outstanding Shares: 83,039,000
Average Prices:
  • 50 Day Moving Avg: $11.60
  • 200 Day Moving Avg: $12.96
  • 52 Week Range: $10.84 - $15.30
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.38
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $666.25 million
  • Price / Sales: 1.81
  • Book Value: $4.57 per share
  • Price / Book: 3.19
  • EBITDA: $51.36 million
  • Net Margins: -2,766.48%
  • Return on Assets: -208.12%
  • Average Volume: 866,566 shs.
  • Short Ratio: 12.46

Frequently Asked Questions for Asante Solutions (NASDAQ:PUMP)

What is Asante Solutions' stock symbol?

Asante Solutions trades on the NASDAQ under the ticker symbol "PUMP."

How were Asante Solutions' earnings last quarter?

Asante Solutions Inc (NASDAQ:PUMP) issued its quarterly earnings results on Wednesday, May, 10th. The company reported ($0.43) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.38. The firm had revenue of $171.90 million for the quarter, compared to analyst estimates of $169.68 million. The firm's quarterly revenue was up 95.6% compared to the same quarter last year. View Asante Solutions' Earnings History.

When will Asante Solutions make its next earnings announcement?

Asante Solutions is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Asante Solutions.

Where is Asante Solutions' stock going? Where will Asante Solutions' stock price be in 2017?

14 analysts have issued 12 month price targets for Asante Solutions' stock. Their predictions range from $12.00 to $32.00. On average, they anticipate Asante Solutions' stock price to reach $18.64 in the next year. View Analyst Ratings for Asante Solutions.

Who are some of Asante Solutions' key competitors?

Who are Asante Solutions' key executives?

Asante Solutions' management team includes the folowing people:

  • Richard P. Thompson, Independent Chairman of the Board
  • David S. Thrower, President, Chief Executive Officer, Director
  • Sandra A. Gardiner, Chief Financial Officer
  • Eric Steuben, Vice President - Operations
  • Joe Breeland, Vice President - Sales
  • Kenneth El-Sherif, Vice President – Commercialization
  • Ed Sinclair, Vice President - Regulatory & Quality Affairs
  • Wenkang Qi Ph.D, Vice President - Research & Development
  • Peter Tuxen Bisgaard, Independent Director
  • Casper Breum, Independent Director

When did Asante Solutions IPO?

(PUMP) raised $350 million in an initial public offering (IPO) on Friday, March 17th 2017. The company issued 20,000,000 shares at a price of $16.00-$19.00 per share. Goldman Sachs, Barclays, Credit Suisse and J.P. Morgan served as the underwriters for the IPO and Evercore ISI, RBC Capital Markets, Simmons & Company (Energy Specialists of Piper Jaffray), Raymond James, Deutsche Bank Securities, Tudor, Pickering, Holt and Johnson Rice & Company L.L.C. Jonnson Rice & Company were co-managers.

When did Asante Solutions' lock-up period expire?

Asante Solutions' lock-up period expired on Wednesday, September 13th. Asante Solutions had issued 25,000,000 shares in its initial public offering on March 17th. The total size of the offering was $350,000,000 based on an initial share price of $14.00. Since the expiration of Asante Solutions' lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company have been lifted.

How do I buy Asante Solutions stock?

Shares of Asante Solutions can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Asante Solutions' stock price today?

One share of Asante Solutions stock can currently be purchased for approximately $14.56.

MarketBeat Community Rating for Asante Solutions (NASDAQ PUMP)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  89 (Vote Outperform)
Underperform Votes:  46 (Vote Underperform)
Total Votes:  135
MarketBeat's community ratings are surveys of what our community members think about Asante Solutions and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Asante Solutions (NASDAQ:PUMP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 11 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $18.64 (28.00% upside)
Consensus Price Target History for Asante Solutions (NASDAQ:PUMP)
Price Target History for Asante Solutions (NASDAQ:PUMP)
Analysts' Ratings History for Asante Solutions (NASDAQ:PUMP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/5/2017Jefferies Group LLCInitiated CoverageBuy -> Buy$18.00N/AView Rating Details
9/19/2017Piper Jaffray CompaniesReiterated RatingBuy$14.00MediumView Rating Details
8/11/2017Credit Suisse GroupSet Price TargetBuy$18.00 -> $15.00HighView Rating Details
7/27/2017Capital One Financial CorporationReiterated RatingOverweightLowView Rating Details
7/20/2017Royal Bank Of CanadaReiterated RatingBuy$19.00HighView Rating Details
7/12/2017R. F. LaffertyInitiated CoverageBuy$32.00LowView Rating Details
7/12/2017Barclays PLCDowngradeOverweight -> Equal Weight$18.00 -> $12.00LowView Rating Details
5/14/2017Evercore ISIReiterated RatingBuyHighView Rating Details
4/19/2017InstinetReiterated RatingBuy$19.00LowView Rating Details
4/19/2017NomuraInitiated CoverageBuy$19.00MediumView Rating Details
4/17/2017Tudor PickeringInitiated CoverageBuy -> BuyMediumView Rating Details
4/14/2017J P Morgan Chase & CoReiterated RatingUnderweightN/AView Rating Details
4/11/2017Raymond James Financial, Inc.Initiated CoverageStrong-Buy$18.00HighView Rating Details
4/11/2017Goldman Sachs Group, Inc. (The)Initiated CoverageBuyMediumView Rating Details
(Data available from 10/16/2015 forward)


Earnings History for Asante Solutions (NASDAQ:PUMP)
Earnings by Quarter for Asante Solutions (NASDAQ:PUMP)
Earnings History by Quarter for Asante Solutions (NASDAQ PUMP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.18N/AView Earnings Details
5/10/2017Q1 2017($0.05)($0.43)$169.68 million$171.90 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Asante Solutions (NASDAQ:PUMP)
2017 EPS Consensus Estimate: $0.46
2018 EPS Consensus Estimate: $1.23
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20172$0.17$0.22$0.20
Q4 20172$0.25$0.28$0.27
Q1 20182$0.26$0.30$0.28
Q2 20182$0.27$0.33$0.30
Q3 20182$0.27$0.36$0.32
Q4 20182$0.27$0.40$0.34
(Data provided by Zacks Investment Research)


Dividend History for Asante Solutions (NASDAQ:PUMP)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Asante Solutions (NASDAQ:PUMP)
Insider Trades by Quarter for Asante Solutions (NASDAQ:PUMP)
Institutional Ownership by Quarter for Asante Solutions (NASDAQ:PUMP)
Insider Trades by Quarter for Asante Solutions (NASDAQ:PUMP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/28/2017Dale Jackie RedmanCEOSell370,370$14.00$5,185,180.00View SEC Filing  
3/28/2017Energy Capital Partners Ii, LlMajor ShareholderSell2,771,557$14.00$38,801,798.00View SEC Filing  
3/28/2017Jeffrey C SmithCFOSell222,221$14.00$3,111,094.00View SEC Filing  
3/28/2017Spencer D. Armour IIIDirectorSell81,106$14.00$1,135,484.00View SEC Filing  
3/22/2017Energy Capital Partners Ii, LlMajor ShareholderSell11,031,182$14.00$154,436,548.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Asante Solutions (NASDAQ:PUMP)
Latest Headlines for Asante Solutions (NASDAQ:PUMP)
DateHeadline logoProPetro Schedules Third Quarter 2017 Earnings Release Date and Conference Call - October 12 at 8:36 AM logoZacks Investment Research Lowers Asante Solutions Inc (PUMP) to Sell - October 11 at 10:30 AM logoAsante Solutions Inc (PUMP) Forecasted to Post Q3 2017 Earnings of $0.22 Per Share - October 9 at 1:30 AM logoAsante Solutions Inc (PUMP) Receives Average Recommendation of "Buy" from Brokerages - October 7 at 7:14 PM logoAsante Solutions Inc (PUMP) Research Coverage Started at Jefferies Group LLC - October 5 at 11:58 PM logoProPetro Announces Acceleration of Fleet Deployment Schedule - September 25 at 5:23 PM logoAsante Solutions (PUMP) vs. Ocular Therapeutix (OCUL) Financial Analysis - September 21 at 8:32 PM logoProPetro Holding Corp. breached its 50 day moving average in a Bullish Manner : PUMP-US : September 19, 2017 - September 20 at 8:06 AM logoAsante Solutions' (PUMP) "Buy" Rating Reaffirmed at Piper Jaffray Companies - September 19 at 7:38 AM logoAsante Solutions Inc (PUMP) Receives Consensus Recommendation of "Buy" from Analysts - September 12 at 6:48 PM logoProPetro Files Resale Shelf Registration Statement - September 9 at 7:38 AM logoContrasting Asante Solutions (PUMP) & Halyard Health (HYH) - September 7 at 4:28 AM logoAsante Solutions Inc's (PUMP) Lock-Up Period To Expire on September 13th - September 6 at 1:14 AM logoProPetro to Participate in Barclays CEO Energy-Power Conference - September 2 at 7:49 AM logoAsante Solutions Inc (PUMP) Given Consensus Rating of "Buy" by Brokerages - August 18 at 6:32 PM logoAsante Solutions Inc (NASDAQ:PUMP) Receives Buy Rating from Piper Jaffray Companies - August 14 at 9:16 PM logoAsante Solutions Inc (PUMP) PT Set at $15.00 by Credit Suisse Group - August 11 at 1:26 PM logoQ3 2017 Earnings Estimate for Asante Solutions Inc (NASDAQ:PUMP) Issued By Capital One Financial Corporation - August 11 at 8:12 AM logoCORRECTING and REPLACING ProPetro Reports Second Quarter 2017 Results - August 9 at 6:38 AM logoProPetro beats 2Q profit forecasts - August 9 at 6:38 AM logoProPetro Holding Corp. – Value Analysis (NYSE:PUMP) : August 5, 2017 - August 5 at 6:25 AM logoAsante Solutions Inc (NASDAQ:PUMP) Set to Announce Earnings on Tuesday - August 1 at 1:34 PM logoAsante Solutions Inc (NASDAQ:PUMP) Receives Average Recommendation of "Buy" from Brokerages - July 24 at 6:52 PM logoProPetro Holding Corp. breached its 50 day moving average in a Bearish Manner : PUMP-US : July 24, 2017 - July 24 at 4:47 PM logoAsante Solutions' (NASDAQ:PUMP) "Buy" Rating Reaffirmed at Royal Bank Of Canada - July 20 at 5:54 PM logo$199.47 Million in Sales Expected for Asante Solutions Inc (PUMP) This Quarter - July 19 at 3:02 PM logoProPetro Schedules Second Quarter 2017 Earnings Release Date and Conference Call - July 18 at 7:37 AM logoAsante Solutions Inc (NASDAQ:PUMP) Expected to Announce Earnings of $0.04 Per Share - July 17 at 12:23 PM logoAsante Solutions Inc (PUMP) Given "Buy" Rating at Piper Jaffray Companies - July 12 at 7:54 AM logoProPetro Holding Corp. breached its 50 day moving average in a Bearish Manner : PUMP-US : July 10, 2017 - July 11 at 6:52 AM logoPROPETRO HOLDING CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Material Modification to Right - March 28 at 7:11 PM logoPROPETRO HOLDING CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc. - March 27 at 3:26 PM



Asante Solutions (PUMP) Chart for Monday, October, 16, 2017

This page was last updated on 10/16/2017 by Staff

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