About Asante Solutions (NASDAQ:PUMP)
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. 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
- 50 Day Moving Avg: $11.60
- 200 Day Moving Avg: $12.96
- 52 Week Range: $10.84 - $15.30
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 11.38
- P/E Growth: 0.00
- 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?
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?
Some companies that are related to Asante Solutions include Haemonetics Corporation (HAE), Halyard Health (HYH), Inogen (INGN), CONMED Corporation (CNMD), MiMedx Group (MDXG), OraSure Technologies (OSUR), Cardiovascular Systems (CSII), Orthofix International N.V. (OFIX), K2M Group Holdings (KTWO), Intersect ENT (XENT), AtriCure (ATRC), CryoLife (CRY), Landauer (LDR), Meridian Bioscience (VIVO), STAAR Surgical Company (STAA), Consort Medical plc (CSRT), Invacare Corporation (IVC) and Exactech (EXAC).
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?
MarketBeat Community Rating for Asante Solutions (NASDAQ PUMP)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.
One share of Asante Solutions stock can currently be purchased for approximately $14.56.
Consensus Ratings for Asante Solutions (NASDAQ:PUMP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Asante Solutions (NASDAQ:PUMP)
(Data available from 10/16/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/5/2017||Jefferies Group LLC||Initiated Coverage||Buy -> Buy||$18.00||N/A|
|9/19/2017||Piper Jaffray Companies||Reiterated Rating||Buy||$14.00||Medium|
|8/11/2017||Credit Suisse Group||Set Price Target||Buy||$18.00 -> $15.00||High|
|7/27/2017||Capital One Financial Corporation||Reiterated Rating||Overweight||Low|
|7/20/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$19.00||High|
|7/12/2017||R. F. Lafferty||Initiated Coverage||Buy||$32.00||Low|
|7/12/2017||Barclays PLC||Downgrade||Overweight -> Equal Weight||$18.00 -> $12.00||Low|
|5/14/2017||Evercore ISI||Reiterated Rating||Buy||High|
|4/17/2017||Tudor Pickering||Initiated Coverage||Buy -> Buy||Medium|
|4/14/2017||J P Morgan Chase & Co||Reiterated Rating||Underweight||N/A|
|4/11/2017||Raymond James Financial, Inc.||Initiated Coverage||Strong-Buy||$18.00||High|
|4/11/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Buy||Medium|
Earnings History for Asante Solutions (NASDAQ:PUMP)Earnings History by Quarter for Asante Solutions (NASDAQ PUMP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/10/2017||Q1 2017||($0.05)||($0.43)||$169.68 million||$171.90 million||View||N/A|
Earnings Estimates for Asante Solutions (NASDAQ:PUMP)
2017 EPS Consensus Estimate: $0.46
2018 EPS Consensus Estimate: $1.23
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Asante Solutions (NASDAQ:PUMP)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Asante Solutions (NASDAQ:PUMP)Insider Trades by Quarter for Asante Solutions (NASDAQ:PUMP)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/28/2017||Dale Jackie Redman||CEO||Sell||370,370||$14.00||$5,185,180.00|| |
|3/28/2017||Energy Capital Partners Ii, Ll||Major Shareholder||Sell||2,771,557||$14.00||$38,801,798.00|| |
|3/28/2017||Jeffrey C Smith||CFO||Sell||222,221||$14.00||$3,111,094.00|| |
|3/28/2017||Spencer D. Armour III||Director||Sell||81,106||$14.00||$1,135,484.00|| |
|3/22/2017||Energy Capital Partners Ii, Ll||Major Shareholder||Sell||11,031,182||$14.00||$154,436,548.00|| |
Headline Trends for Asante Solutions (NASDAQ:PUMP)
Latest Headlines for Asante Solutions (NASDAQ:PUMP)
Asante Solutions (PUMP) Chart for Monday, October, 16, 2017