NASDAQ:PUMP - Asante Solutions Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$21.59 +0.84 (+4.05 %)
(As of 03/20/2019 03:52 PM ET)
Previous Close$20.75
Today's Range$20.24 - $21.76
52-Week Range$11.27 - $21.73
Volume118,578 shs
Average Volume1.19 million shs
Market Capitalization$2.16 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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.

Receive PUMP News and Ratings via Email

Sign-up to receive the latest news and ratings for PUMP and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
Current SymbolNASDAQ:PUMP
CUSIPN/A
WebN/A
Phone+1-408-7165600

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Market Cap$2.16 billion
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable

Asante Solutions (NASDAQ:PUMP) Frequently Asked Questions

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) posted its quarterly earnings results on Tuesday, February, 26th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.12. The firm earned $425.41 million during the quarter, compared to analysts' expectations of $423.45 million. The business's quarterly revenue was up 35.6% on a year-over-year basis. During the same period last year, the company earned $0.12 EPS. View Asante Solutions' Earnings History.

When is Asante Solutions' next earnings date?

Asante Solutions is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Asante Solutions.

What guidance has Asante Solutions issued on next quarter's earnings?

Asante Solutions issued an update on its fourth quarter 2018 earnings guidance on Tuesday, January, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $421-426 million, compared to the consensus revenue estimate of $414.77 million.

What price target have analysts set for PUMP?

19 equities research analysts have issued 1 year price targets for Asante Solutions' shares. Their forecasts range from $17.00 to $33.00. On average, they anticipate Asante Solutions' share price to reach $23.5625 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets for Asante Solutions.

What is the consensus analysts' recommendation for Asante Solutions?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Asante Solutions in the last year. There are currently 1 hold rating and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Asante Solutions.

Has Asante Solutions been receiving favorable news coverage?

Media headlines about PUMP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Asante Solutions earned a news impact score of 0.7 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the stock's share price in the next few days.

Who are Asante Solutions' key executives?

Asante Solutions' management team includes the folowing people:
  • Richard P. Thompson, Independent Chairman of the Board (Age 61)
  • David S. Thrower, President, Chief Executive Officer, Director (Age 51)
  • Sandra A. Gardiner, Chief Financial Officer (Age 49)
  • Eric Steuben, Vice President - Operations (Age 47)
  • Joe Breeland, Vice President - Sales (Age 62)
  • Kenneth El-Sherif, Vice President – Commercialization (Age 41)
  • Ed Sinclair, Vice President - Regulatory & Quality Affairs (Age 58)
  • Wenkang Qi Ph.D, Vice President - Research & Development (Age 48)
  • Peter Tuxen Bisgaard, Independent Director (Age 42)
  • Casper Breum, Independent Director (Age 48)

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 $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.

Who are Asante Solutions' major shareholders?

Asante Solutions' stock is owned by a number of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (4.57%), Bank of New York Mellon Corp (1.33%), Geode Capital Management LLC (0.89%), Geode Capital Management LLC (0.89%), United Services Automobile Association (0.72%) and Norges Bank (0.63%). Company insiders that own Asante Solutions stock include Dale Jackie Redman, Energy Capital Partners Ii, Ll, Jeffrey C Smith, Pryor Blackwell and Spencer D Armour III. View Institutional Ownership Trends for Asante Solutions.

Which institutional investors are selling Asante Solutions stock?

PUMP stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Carmignac Gestion, Hodges Capital Management Inc., Tygh Capital Management Inc., Natixis Advisors L.P., MetLife Investment Advisors LLC, Viking Fund Management LLC and New York State Common Retirement Fund. View Insider Buying and Selling for Asante Solutions.

Which institutional investors are buying Asante Solutions stock?

PUMP stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Oregon Public Employees Retirement Fund, Bank of New York Mellon Corp, Alambic Investment Management L.P., Geode Capital Management LLC, Geode Capital Management LLC, American International Group Inc. and Oregon Public Employees Retirement Fund. View Insider Buying and Selling for Asante Solutions.

How do I buy shares of Asante Solutions?

Shares of PUMP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Asante Solutions' stock price today?

One share of PUMP stock can currently be purchased for approximately $21.5650.

How big of a company is Asante Solutions?

Asante Solutions has a market capitalization of $2.16 billion.

How can I contact Asante Solutions?

Asante Solutions' mailing address is 352 E Java Dr, SUNNYVALE, CA 94089-1328, United States. The company can be reached via phone at +1-408-7165600.


MarketBeat Community Rating for Asante Solutions (NASDAQ PUMP)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  229 (Vote Outperform)
Underperform Votes:  141 (Vote Underperform)
Total Votes:  370
MarketBeat's community ratings are surveys of what our community members think about Asante Solutions and other stocks. Vote "Outperform" if you believe PUMP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PUMP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel