Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Tenable Holdings Inc (NASDAQ: TENB) was $40.16 for the day, down -1.69% from the previous closing price of $40.85. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.79 million shares were traded. TENB stock price reached its highest trading level at $40.675 during the session, while it also had its lowest trading level at $39.56.
Ratios:
Our analysis of TENB’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on January 17, 2025, Downgraded its rating to Hold and sets its target price to $45 from $46 previously.
On December 02, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $47.
On October 16, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $45.Jefferies initiated its Hold rating on October 16, 2024, with a $45 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 23 ’25 when Yoran Amit bought 7,874 shares for $42.46 per share.
Vicks Raymond Jr. sold 809 shares of TENB for $31,163 on Jan 08 ’25. The Director now owns 8,659 shares after completing the transaction at $38.52 per share. On Jan 08 ’25, another insider, Vicks Raymond Jr., who serves as the Director of the company, bought 809 shares for $38.52 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TENB now has a Market Capitalization of 4807071744 and an Enterprise Value of 5052345856. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.36 while its Price-to-Book (P/B) ratio in mrq is 12.02. Its current Enterprise Value per Revenue stands at 5.757 whereas that against EBITDA is 335.437.
Stock Price History:
The Beta on a monthly basis for TENB is 0.86, which has changed by -0.19523245 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, TENB has reached a high of $52.50, while it has fallen to a 52-week low of $35.25. The 50-Day Moving Average of the stock is -3.15%, while the 200-Day Moving Average is calculated to be -4.03%.
Shares Statistics:
TENB traded an average of 1.02M shares per day over the past three months and 1609090 shares per day over the past ten days. A total of 119.70M shares are outstanding, with a floating share count of 117.97M. Insiders hold about 1.80% of the company’s shares, while institutions hold 91.67% stake in the company. Shares short for TENB as of 1736899200 were 3621011 with a Short Ratio of 3.55, compared to 1734048000 on 3472436. Therefore, it implies a Short% of Shares Outstanding of 3621011 and a Short% of Float of 3.8900003.
