The closing price of Tenable Holdings Inc (NASDAQ: TENB) was $48.01 for the day, up 0.38% from the previous closing price of $47.83. In other words, the price has increased by $+0.18 from its previous closing price. On the day, 521170 shares were traded. TENB stock price reached its highest trading level at $48.42 during the session, while it also had its lowest trading level at $47.01.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 11.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 40.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 1.20 whereas as Long-Term Debt/Eq ratio is at 1.18.
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 this company, Needham on February 07, 2024, Reiterated its Buy rating but revised its target price to $62 from $56 previously.
On January 09, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $46 to $60.
On December 15, 2023, Susquehanna started tracking the stock assigning a Positive rating and target price of $55.Susquehanna initiated its Positive rating on December 15, 2023, with a $55 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 Mar 21 ’24 when Vintz Stephen A sold 11,586 shares for $49.11 per share. The transaction valued at 568,988 led to the insider holds 257,924 shares of the business.
Vintz Stephen A sold 78,409 shares of TENB for $3,847,530 on Mar 20 ’24. The Chief Financial Officer now owns 257,924 shares after completing the transaction at $49.07 per share. On Mar 20 ’24, another insider, Thurmond Mark C., who serves as the Chief Operating Officer of the company, sold 10,824 shares for $49.00 each. As a result, the insider received 530,376 and left with 27,993 shares of the company.
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 5.67B and an Enterprise Value of 5.61B. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.10 while its Price-to-Book (P/B) ratio in mrq is 16.24. Its current Enterprise Value per Revenue stands at 7.03 whereas that against EBITDA is -626.83.
Stock Price History:
Over the past 52 weeks, TENB has reached a high of $53.50, while it has fallen to a 52-week low of $33.85. The 50-Day Moving Average of the stock is 47.96, while the 200-Day Moving Average is calculated to be 44.57.
Shares Statistics:
TENB traded an average of 997.98K shares per day over the past three months and 907.21k shares per day over the past ten days. A total of 117.15M shares are outstanding, with a floating share count of 116.10M. Insiders hold about 1.71% of the company’s shares, while institutions hold 89.77% stake in the company. Shares short for TENB as of Feb 29, 2024 were 5.06M with a Short Ratio of 5.22, compared to 3.93M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.29% and a Short% of Float of 4.35%.
Earnings Estimates
The firm’s stock currently is rated by 19 analysts. On average, analysts expect EPS of $0.18 for the current quarter, with a high estimate of $0.26 and a low estimate of $0.17, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.26, with high estimates of $0.28 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.1 and $1.05 for the fiscal current year, implying an average EPS of $1.08. EPS for the following year is $1.33, with 20 analysts recommending between $1.51 and $1.21.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 18 analysts. It ranges from a high estimate of $215M to a low estimate of $212.44M. As of the current estimate, Tenable Holdings Inc’s year-ago sales were $188.84M, an estimated increase of 13.10% from the year-ago figure.
A total of 20 analysts have provided revenue estimates for TENB’s current fiscal year. The highest revenue estimate was $910.39M, while the lowest revenue estimate was $899.81M, resulting in an average revenue estimate of $901.91M. In the same quarter a year ago, actual revenue was $798.71M, up 12.90% from the average estimate. Based on 20 analysts’ estimates, the company’s revenue will be $1.03B in the next fiscal year. The high estimate is $1.07B and the low estimate is $1.01B. The average revenue growth estimate for next year is up 13.90% from the average revenue estimate for this year.
