During the last session, Tandem Diabetes Care Inc (NASDAQ:TNDM)’s traded shares were 2.36 million, with the beta value of the company hitting 1.54. At the end of the trading day, the stock’s price was $19.11, reflecting an intraday loss of -1.95% or -$0.38. The 52-week high for the TNDM share is $53.69, that puts it down -180.95 from that peak though still a striking 1.78% gain since the share price plummeted to a 52-week low of $18.77. The company’s market capitalization is $1.27B, and the average trade volume was 1.41 million shares over the past three months.
Tandem Diabetes Care Inc (TNDM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.04. TNDM has a Sell rating from 1 analyst(s) out of 10 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 8 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.6.
Tandem Diabetes Care Inc (NASDAQ:TNDM) trade information
Tandem Diabetes Care Inc (TNDM) registered a -1.95% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.95% in intraday trading to $19.11, hitting a weekly high. The stock’s 5-day price performance is -43.11%, and it has moved by -47.50% in 30 days. Based on these gigs, the overall price performance for the year is -30.71%.
The consensus price target of analysts on Wall Street is $45, which implies an increase of 57.53% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $37 and $65 respectively. As a result, TNDM is trading at a discount of -240.14% off the target high and -93.62% off the low.
Tandem Diabetes Care Inc (TNDM) estimates and forecasts
In the rating firms’ projections, revenue will increase 6.23% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 220.14M as predicted by 18 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to 244.84M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 191.67M and 221.91M respectively. In this case, analysts expect current quarter sales to grow by 14.85% and then jump by 10.33% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -28.23%. While earnings are projected to return 13.45% in 2025, the next five years will return 52.82% per annum.
TNDM Dividends
Tandem Diabetes Care Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 7.38 million shares, is of VANGUARD GROUP INC’s that is approximately 11.3518% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $297.26 million.
Also, the Mutual Funds coming in first place with the largest holdings of Tandem Diabetes Care Inc (TNDM) shares are iShares Core S&P Smallcap ETF and Smallcap World Fund . Data provided on Dec 31, 2024 indicates that iShares Core S&P Smallcap ETF owns about 4.25 shares. This amounts to just over 6.39 percent of the company’s overall shares, with a $81.22 million market value. The same data shows that the other fund manager holds slightly less at 3.9, or about 5.87% of the stock, which is worth about $74.6 million.
