With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.34 million shares. The 52-week range on TENB shows that it touched its highest point at $49.18 and its lowest point at $28.75 during that stretch. It currently has a 1-year price target of $36.89. Beta for the stock currently stands at 0.79.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TENB was down-trending over the past week, with a drop of -3.29%, but this was up by 0.76% over a month. Three-month performance dropped to -16.55% while six-month performance fell -21.44%. The stock lost -27.26% in the past year, while it has lost -18.69% so far this year. A look at the trailing 12-month EPS for TENB yields -0.38 with Next year EPS estimates of 1.72. For the next quarter, that number is 0.30. This implies an EPS growth rate of 15.05% for this year and 15.95% for next year. EPS is expected to grow by 16.50% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.59%.
Float and Shares Shorts:
At present, 120.20 million TENB shares are outstanding with a float of 119.91 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TENB since 12 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.22478 being high and $1.18737 being low. For TENB, this leads to a yearly average estimate of $1.21482. Based on analyst estimates, the high estimate for the next quarter is $0.41 and the low estimate is $0.33. The average estimate for the next quarter is thus $0.38.
