Tenable Holdings Inc [TENB] stock is trading at $37.74, down -0.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TENB shares have lost -2.05% over the last week, with a monthly amount drifted -15.19%, and not 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.
Tenable Holdings Inc [TENB] stock has fluctuated between $35.25 and $50.30 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 $37.74 at the most recent close of the market. An investor can expect a potential return of 25.86% based on the average TENB price forecast.
Analyzing the TENB fundamentals
Tenable Holdings Inc [NASDAQ:TENB] reported sales of 900.02M for the trailing twelve months, which represents a growth of 10.51%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.1 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.
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 37.47 points at the first support level, and at 37.19 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.26, and for the 2nd resistance point, it is at 38.77.
Ratios To Look Out For
For context, Tenable Holdings Inc’s Current Ratio is 1.20. As well, the Quick Ratio is 1.20, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 5.04, the price to book ratio is 11.29.
Transactions by insiders
Recent insider trading involved Vintz Stephen A, Officer, that happened on Feb 27 ’25 when 6681.0 shares were purchased. Officer, Thurmond Mark C. completed a deal on Feb 27 ’25 to buy 5984.0 shares. Meanwhile, Co-CEO,Chief Operating Officer Thurmond Mark C. sold 3606.0 shares on Feb 25 ’25.
