Tenon Medical Inc (TNON) Is A Bargain Stock You Should Check Out

Tenon Medical Inc (NASDAQ:TNON) has a beta value of 1.73 and has seen 41.98 million shares traded in the last trading session. The company, currently valued at $4.74M, closed the last trade at $1.51 per share which meant it gained $0.26 on the day or 20.80% during that session. The TNON stock price is -945.7% off its 52-week high price of $15.79 and 25.17% above the 52-week low of $1.13.

Tenon Medical Inc (NASDAQ:TNON) trade information

Sporting 20.80% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the TNON stock price touched $1.51 or saw a rise of 24.5%. Year-to-date, Tenon Medical Inc shares have moved -19.68%, while the 5-day performance has seen it change 19.84%. Over the past 30 days, the shares of Tenon Medical Inc (NASDAQ:TNON) have changed 1.34%.

Tenon Medical Inc (TNON) estimates and forecasts

The company’s shares have lost -61.48% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 16.39%.

1 analysts offering their estimates for the company have set an average revenue estimate of 901k for the current quarter. 1 have an estimated revenue figure of 935k for the next ending quarter. Year-ago sales stood 808k and 719k respectively for this quarter and the next, and analysts expect sales will grow by 11.51% for the current quarter and 16.39% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -108.61% over the past 5 years. Earnings growth for 2025 is a modest 68.67% while over the next 5 years, the company’s earnings are expected to increase by 54.23%.

TNON Dividends

Tenon Medical Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 0.54% shares in the company for having 16.86 shares of worth $25455.0 while later fund manager owns 2.98 shares of worth $4502.0 as of Dec 31, 2024 , which makes it owner of about 0.10% of company’s outstanding stock.