With 2.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.82 million shares. The 52-week range on TNDM shows that it touched its highest point at $53.69 and its lowest point at $15.75 during that stretch. It currently has a 1-year price target of $35.43. Beta for the stock currently stands at 1.49.
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 up-trending over the past week, with a rise of 27.13%, but this was up by 26.30% over a month. Three-month performance dropped to -40.76% while six-month performance fell -32.04%. The stock lost -41.68% in the past year, while it has lost -40.81% so far this year. A look at the trailing 12-month EPS for TNDM yields -2.78 with Next year EPS estimates of -0.62. For the next quarter, that number is -0.41. This implies an EPS growth rate of -33.23% for this year and 68.17% for next year. EPS is expected to grow by 75.80% 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 66.06 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. Based on analyst estimates, the high estimate for the next quarter is $0.05 and the low estimate is -$0.44. The average estimate for the next quarter is thus -$0.25.
