Tenable Holdings Inc [TENB] stock prices are up 1.84% to $44.19 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TENB shares have gain 8.23% over the last week, with a monthly amount glided 8.10%, 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.
The stock price of Tenable Holdings Inc [TENB] has been fluctuating between $35.25 and $53.50 over the past year. 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 $44.19 at the most recent close of the market. An investor can expect a potential return of 7.49% based on the average TENB price forecast.
Analyzing the TENB fundamentals
The Tenable Holdings Inc [NASDAQ:TENB] reported sales of 877.60M for trailing twelve months, representing a surge 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.01.
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 42.98 points at the first support level, and at 41.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.42, and for the 2nd resistance point, it is at 46.66.
Ratios To Look Out For
It’s worth pointing out that Tenable Holdings Inc [NASDAQ:TENB]’s Current Ratio is 1.21. Also, the Quick Ratio is 1.21, while the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 6.05, the price to book ratio is 13.25.
Transactions by insiders
Recent insider trading involved Yoran Amit, Former Officer & Director, that happened on Jan 23 ’25 when 7874.0 shares were purchased. Director, Vicks Raymond Jr. completed a deal on Jan 08 ’25 to sell 809.0 shares. Meanwhile, Director Vicks Raymond Jr. bought 809.0 shares on Jan 08 ’25.
