With 1.56 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.68 million shares. The 52-week range on TNDM shows that it touched its highest point at $53.63 and its lowest point at $15.75 during that stretch. It currently has a 1-year price target of $35.85. Beta for the stock currently stands at 1.51.
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 TNDM was down-trending over the past week, with a drop of -3.96%, but this was down by -3.96% over a month. Three-month performance surged to 5.85% while six-month performance fell -33.92%. The stock lost -61.39% in the past year, while it has lost -42.73% so far this year. A look at the trailing 12-month EPS for TNDM yields -2.78 with Next year EPS estimates of -0.64. For the next quarter, that number is -0.39. This implies an EPS growth rate of 6.88% for this year and 52.94% for next year. EPS is expected to grow by 70.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -28.23%.
Float and Shares Shorts:
At present, 66.57 million TNDM shares are outstanding with a float of 65.98 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 TNDM since 10 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 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 -$1.34732 being high and -$1.75956 being low. For TNDM, this leads to a yearly average estimate of -$1.68918.
