Brokers Issue Forecasts for Asante Solutions Inc’s Q3 2017 Earnings (PUMP)

Asante Solutions Inc (NASDAQ:PUMP) – Analysts at Jefferies Group issued their Q3 2017 earnings per share (EPS) estimates for shares of Asante Solutions in a research report issued on Thursday. Jefferies Group analyst B. Handler anticipates that the company will post earnings per share of $0.22 for the quarter. Jefferies Group currently has a “Buy” rating and a $18.00 target price on the stock. Jefferies Group also issued estimates for Asante Solutions’ Q4 2017 earnings at $0.28 EPS, FY2017 earnings at $0.30 EPS, Q1 2018 earnings at $0.30 EPS, Q2 2018 earnings at $0.33 EPS, Q3 2018 earnings at $0.36 EPS, Q4 2018 earnings at $0.40 EPS, FY2018 earnings at $1.40 EPS, FY2019 earnings at $2.10 EPS and FY2020 earnings at $2.40 EPS.

ILLEGAL ACTIVITY WARNING: “Brokers Issue Forecasts for Asante Solutions Inc’s Q3 2017 Earnings (PUMP)” was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this story on another publication, it was copied illegally and reposted in violation of international trademark & copyright law. The legal version of this story can be accessed at https://ledgergazette.com/2017/10/10/brokers-issue-forecasts-for-asante-solutions-incs-q3-2017-earnings-pump.html.

PUMP has been the subject of several other reports. Royal Bank Of Canada set a $21.00 price target on shares of Asante Solutions and gave the stock a “buy” rating in a research note on Friday, June 16th. BidaskClub raised shares of Asante Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $14.00 price target on shares of Asante Solutions in a research note on Tuesday, September 19th. Credit Suisse Group set a $15.00 price target on shares of Asante Solutions and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, R. F. Lafferty assumed coverage on shares of Asante Solutions in a research note on Wednesday, July 12th. They set a “buy” rating and a $32.00 price target for the company. Two analysts have rated the stock with a sell rating, one has issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $18.64.

Shares of Asante Solutions (PUMP) opened at 14.75 on Monday. The firm has a 50-day moving average of $12.57 and a 200 day moving average of $13.06. Asante Solutions has a 52-week low of $10.84 and a 52-week high of $15.30. The company’s market capitalization is $1.22 billion.

Several institutional investors and hedge funds have recently modified their holdings of the company. Strs Ohio bought a new position in shares of Asante Solutions during the 2nd quarter worth approximately $103,000. Mitchell Group Inc. grew its stake in shares of Asante Solutions by 1.9% during the 2nd quarter. Mitchell Group Inc. now owns 708,140 shares of the company’s stock worth $9,886,000 after acquiring an additional 13,260 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Asante Solutions during the 1st quarter worth approximately $322,000. Nationwide Fund Advisors bought a new position in shares of Asante Solutions during the 1st quarter worth approximately $326,000. Finally, New York State Common Retirement Fund bought a new position in shares of Asante Solutions during the 2nd quarter worth approximately $376,000.

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 car

Asante Solutions Inc (NASDAQ:PUMP) – Analysts at Jefferies Group issued their Q3 2017 earnings per share (EPS) estimates for shares of Asante Solutions in a research report issued on Thursday. Jefferies Group analyst B. Handler anticipates that the company will post earnings per share of $0.22 for the quarter. Jefferies Group currently has a “Buy” rating and a $18.00 target price on the stock. Jefferies Group also issued estimates for Asante Solutions’ Q4 2017 earnings at $0.28 EPS, FY2017 earnings at $0.30 EPS, Q1 2018 earnings at $0.30 EPS, Q2 2018 earnings at $0.33 EPS, Q3 2018 earnings at $0.36 EPS, Q4 2018 earnings at $0.40 EPS, FY2018 earnings at $1.40 EPS, FY2019 earnings at $2.10 EPS and FY2020 earnings at $2.40 EPS.

ILLEGAL ACTIVITY WARNING: “Brokers Issue Forecasts for Asante Solutions Inc’s Q3 2017 Earnings (PUMP)” was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this story on another publication, it was copied illegally and reposted in violation of international trademark & copyright law. The legal version of this story can be accessed at https://ledgergazette.com/2017/10/10/brokers-issue-forecasts-for-asante-solutions-incs-q3-2017-earnings-pump.html.

PUMP has been the subject of several other reports. Royal Bank Of Canada set a $21.00 price target on shares of Asante Solutions and gave the stock a “buy” rating in a research note on Friday, June 16th. BidaskClub raised shares of Asante Solutions from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $14.00 price target on shares of Asante Solutions in a research note on Tuesday, September 19th. Credit Suisse Group set a $15.00 price target on shares of Asante Solutions and gave the stock a “buy” rating in a research note on Friday, August 11th. Finally, R. F. Lafferty assumed coverage on shares of Asante Solutions in a research note on Wednesday, July 12th. They set a “buy” rating and a $32.00 price target for the company. Two analysts have rated the stock with a sell rating, one has issued a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $18.64.

Shares of Asante Solutions (PUMP) opened at 14.75 on Monday. The firm has a 50-day moving average of $12.57 and a 200 day moving average of $13.06. Asante Solutions has a 52-week low of $10.84 and a 52-week high of $15.30. The company’s market capitalization is $1.22 billion.

Several institutional investors and hedge funds have recently modified their holdings of the company. Strs Ohio bought a new position in shares of Asante Solutions during the 2nd quarter worth approximately $103,000. Mitchell Group Inc. grew its stake in shares of Asante Solutions by 1.9% during the 2nd quarter. Mitchell Group Inc. now owns 708,140 shares of the company’s stock worth $9,886,000 after acquiring an additional 13,260 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Asante Solutions during the 1st quarter worth approximately $322,000. Nationwide Fund Advisors bought a new position in shares of Asante Solutions during the 1st quarter worth approximately $326,000. Finally, New York State Common Retirement Fund bought a new position in shares of Asante Solutions during the 2nd quarter worth approximately $376,000.

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.

Earnings History and Estimates for Asante Solutions (NASDAQ:PUMP)

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