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Sensus Healthcare, Inc. (SRTS) Outperforms Broader Market: What You Need to Know

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In the latest close session, Sensus Healthcare, Inc. (SRTS - Free Report) was up +1.29% at $3.15. The stock's change was more than the S&P 500's daily gain of 0.44%. Meanwhile, the Dow experienced a rise of 0.14%, and the technology-dominated Nasdaq saw an increase of 0.7%.

Heading into today, shares of the company had lost 4.31% over the past month, lagging the Medical sector's gain of 1.25% and the S&P 500's gain of 4.03%.

Investors will be eagerly watching for the performance of Sensus Healthcare, Inc. in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of -$0.07, marking a 200% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.33 million, down 39.71% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.27 per share and a revenue of $30.18 million, representing changes of -165.85% and -27.82%, respectively, from the prior year.

Any recent changes to analyst estimates for Sensus Healthcare, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, Sensus Healthcare, Inc. is carrying a Zacks Rank of #3 (Hold).

The Medical - Instruments industry is part of the Medical sector. With its current Zacks Industry Rank of 92, this industry ranks in the top 38% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.


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