Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Tandem Diabetes Care Inc (NASDAQ: TNDM) closed at $37.01 in the last session, up 1.79% from day before closing price of $36.36. In other words, the price has increased by $1.79 from its previous closing price. On the day, 0.71 million shares were traded. TNDM stock price reached its highest trading level at $37.62 during the session, while it also had its lowest trading level at $36.6.
Ratios:
We take a closer look at TNDM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.32 and its Current Ratio is at 2.90. In the meantime, Its Debt-to-Equity ratio is 2.00 whereas as Long-Term Debt/Eq ratio is at 1.76.
On November 06, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $42.
On October 04, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $46.Goldman initiated its Neutral rating on October 04, 2024, with a $46 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 21 ’24 when BLICKENSTAFF KIM D sold 30,000 shares for $31.38 per share. The transaction valued at 941,400 led to the insider holds 165,190 shares of the business.
BLICKENSTAFF KIM D sold 10,000 shares of TNDM for $300,000 on Nov 20 ’24. The Director now owns 195,190 shares after completing the transaction at $30.00 per share. On Nov 21 ’24, another insider, BLICKENSTAFF KIM D, who serves as the Board of Directors, Chair Emer of the company, bought 30,000 shares for $30.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TNDM now has a Market Capitalization of 2430687232 and an Enterprise Value of 2433329408. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 10.22. Its current Enterprise Value per Revenue stands at 2.848 whereas that against EBITDA is -18.618.
Stock Price History:
The Beta on a monthly basis for TNDM is 1.32, which has changed by 0.5658915 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, TNDM has reached a high of $53.69, while it has fallen to a 52-week low of $21.85. The 50-Day Moving Average of the stock is 8.57%, while the 200-Day Moving Average is calculated to be -5.80%.
Shares Statistics:
According to the various share statistics, TNDM traded on average about 1.29M shares per day over the past 3-months and 1017440 shares per day over the past 10 days. A total of 65.65M shares are outstanding, with a floating share count of 65.18M. Insiders hold about 0.75% of the company’s shares, while institutions hold 112.75% stake in the company. Shares short for TNDM as of 1736899200 were 7174309 with a Short Ratio of 5.54, compared to 1734048000 on 6036032. Therefore, it implies a Short% of Shares Outstanding of 7174309 and a Short% of Float of 16.91.
