Tandem Diabetes Care, Inc.[TNDM] stock saw a move by 2.69% on Thursday, touching 2.08 million. Based on the recent volume, Tandem Diabetes Care, Inc. stock traders appear to be active. The most recent trading volume of TNDM shares recorded 56.56M shares, which represents the daily volume of traded shares. Analysts estimates state that Tandem Diabetes Care, Inc. [TNDM] stock could reach median target price of $80.00.
Tandem Diabetes Care, Inc. [TNDM] stock additionally went up by +7.16% in the period of the 7 days, recording a drop in performance by -1.40% in the last 30 days. The yearly more of TNDM stock is set at 188.00% by far, with shares price recording returns by 2.85% in the latest quarter. Over the past six months, TNDM shares showcased 64.95% increase. TNDM saw -9.43% change opposing the low price in the last 12 months, also recording 201.67% compared to high within the same period of time.
Tandem Diabetes Care, Inc. [NASDAQ:TNDM]: Analyst Rating and Earnings
Professional stock traders oftentimes make sure they verify what some leading Wall Street voices have to say about a potential buy. Currently, in relation to Tandem Diabetes Care, Inc. [TNDM], the latest Wall Street average recommendation we can view is from the fiscal quarter that will be ending in the month of December. On average, stock market experts give TNDM an Outperform rating. Its stock price has been found in the range of 22.46 to 74.81. This is compared to its latest closing price of $65.98.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Tandem Diabetes Care, Inc. [TNDM] is sitting at 1.92. This is compared to 1 month ago, when its average rating was 1.92.
For the quarter ending in Mar-19 Tandem Diabetes Care, Inc. [TNDM] generated $0.07 billion in sales. That’s 40.43% higher than the average estimate of $0.05 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep on the lookout for this organization’s next scheduled financial results, which are expected to be made public on Mon 29 Jul (In 18 Days).
Fundamental Analysis of Tandem Diabetes Care, Inc. [TNDM]
Now let’s turn to look at profitability: with a current Operating Margin for Tandem Diabetes Care, Inc. [TNDM] sitting at -24.27 and its Gross Margin at +48.85, this company’s Net Margin is now -50.70%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is -49.96, and its Return on Invested Capital has reached -38.10%. Its Return on Equity is -240.11, and its Return on Assets is -81.30. These metrics suggest that this Tandem Diabetes Care, Inc. does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
What about valuation? This company’s Enterprise Value to EBITDA is -93.66. The Enterprise Value to Sales for this firm is now 16.33. Tandem Diabetes Care, Inc. [TNDM] has a Price to Book Ratio of 16.65.
Shifting the focus to workforce efficiency, Tandem Diabetes Care, Inc. [TNDM] earns $281,571 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.57 and its Total Asset Turnover is 1.22. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.53 and its Current Ratio is 2.83. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Tandem Diabetes Care, Inc. [TNDM] has 56.56M shares outstanding, amounting to a total market cap of $3.73B. Its stock price has been found in the range of 22.46 to 74.81. At its current price, it has moved down by -9.43% from its 52-week high, and it has moved up 201.67% from its 52-week low.
This stock’s Relative Strength Index (RSI) is at 56.99. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Tandem Diabetes Care, Inc. [TNDM] a Reliable Buy?
Shares of Tandem Diabetes Care, Inc. [TNDM], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.