Currently, Tenable Holdings Inc [TENB] is trading at $42.26, up 2.92%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TENB shares have gain 8.22% over the last week, with a monthly amount glided 5.65%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tenable Holdings Inc [NASDAQ: TENB] stock has seen the most recent analyst activity on January 17, 2025, when Stifel downgraded its rating to a Hold and also revised its price target to $45 from $46. Previously, Morgan Stanley downgraded its rating to Equal-Weight on December 02, 2024, and kept the price target unchanged to $47. On October 16, 2024, Jefferies initiated with a Hold rating and assigned a price target of $45 on the stock. DA Davidson downgraded its rating to a Neutral and decreased its price target to $40 on August 01, 2024. Robert W. Baird initiated its recommendation with a Outperform and recommended $55 as its price target on July 15, 2024. Scotiabank started tracking with a Sector Perform rating for this stock on April 26, 2024, and assigned it a price target of $47. In a note dated February 07, 2024, Needham reiterated an Buy rating on this stock and boosted its target price from $56 to $62.
This stock has fluctuated between a low of $35.25 and a high of $53.50 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $47.5 within the next 12 months. Tenable Holdings Inc [NASDAQ: TENB] shares were valued at $42.26 at the most recent close of the market. An investor can expect a potential return of 12.4% based on the average TENB price forecast.
Analyzing the TENB fundamentals
Trailing Twelve Months sales for Tenable Holdings Inc [NASDAQ:TENB] were 877.60M which represents 12.68% growth. 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 of1.01.
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 41.39 points at the first support level, and at 40.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.75, and for the 2nd resistance point, it is at 43.24.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tenable Holdings Inc [NASDAQ:TENB] is 1.21. In addition, the Quick Ratio stands at 1.21 and the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 5.79, the price to book ratio is 12.68.
Transactions by insiders
Recent insider trading involved Vicks Raymond Jr., Director, that happened on Jan 08 ’25 when 809.0 shares were sold. Director, Vicks Raymond Jr. completed a deal on Jan 08 ’25 to buy 809.0 shares. Meanwhile, Chief Operating Officer Thurmond Mark C. sold 939.0 shares on Nov 27 ’24.
