Tenable Holdings Inc [TENB] stock is trading at $41.89, up 1.11%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TENB shares have gain 7.38% over the last week, with a monthly amount drifted -1.02%, and not seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Tenable Holdings Inc [NASDAQ: TENB] stock has seen the most recent analyst activity on October 16, 2024, when Jefferies initiated its Hold rating and assigned the stock a price target of $45. Previously, DA Davidson downgraded its rating to Neutral on August 01, 2024, and dropped its price target to $40. On July 15, 2024, Robert W. Baird initiated with a Outperform rating and assigned a price target of $55 on the stock. Scotiabank started tracking the stock assigning a Sector Perform rating and suggested a price target of $47 on April 26, 2024. Needham reiterated its recommendation of a Buy and raised its price target to $62 on February 07, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on January 09, 2024, and upped its price target to $60. In a note dated December 15, 2023, Susquehanna initiated an Positive rating and provided a target price of $55 on this stock.
Tenable Holdings Inc [TENB] stock has fluctuated between $35.25 and $53.50 over the past year. Currently, Wall Street analysts expect the stock to reach $58.25 within the next 12 months. Tenable Holdings Inc [NASDAQ: TENB] shares were valued at $41.89 at the most recent close of the market. An investor can expect a potential return of 39.05% based on the average TENB price forecast.
Analyzing the TENB fundamentals
Tenable Holdings Inc [NASDAQ:TENB] reported sales of 877.60M for the trailing twelve months, which represents a growth of 12.68%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.16 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 41.31 points at the first support level, and at 40.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.19, and for the 2nd resistance point, it is at 42.49.
Ratios To Look Out For
For context, Tenable Holdings Inc’s Current Ratio is 1.21. As well, the Quick Ratio is 1.21, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 5.73, the price to book ratio is 12.56.
Transactions by insiders
Recent insider trading involved Yoran Amit, President, CEO and Chairman, that happened on Aug 26 ’24 when 5673.0 shares were sold. Chief Financial Officer, Vintz Stephen A completed a deal on Aug 26 ’24 to sell 3413.0 shares. Meanwhile, Chief Operating Officer Thurmond Mark C. sold 3383.0 shares on Aug 26 ’24.
