Tandem Diabetes Care Inc [NASDAQ: TNDM] price plunged by -7.62 percent to reach at -$2.98.
The one-year TNDM stock forecast points to a potential upside of 33.47. The average equity rating for TNDM stock is currently 1.77, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Guru’s Opinion on Tandem Diabetes Care Inc [TNDM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TNDM shares is $54.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TNDM stock is a recommendation set at 1.77. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Tandem Diabetes Care Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 04, 2024. While these analysts kept the previous recommendation, RBC Capital Mkts raised their target price to Outperform. The new note on the price target was released on October 02, 2024, representing the official price target for Tandem Diabetes Care Inc stock. Previously, the target price had yet another raise to $45, while Morgan Stanley analysts kept a Equal-Weight rating on TNDM stock.
The Average True Range (ATR) for Tandem Diabetes Care Inc is set at 2.41, with the Price to Sales ratio for TNDM stock in the period of the last 12 months amounting to 2.97. The Price to Book ratio for the last quarter was 10.11, with the Price to Cash per share for the same quarter was set at 6.91.
TNDM Stock Performance Analysis:
Tandem Diabetes Care Inc [TNDM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.68. With this latest performance, TNDM shares dropped by -15.42% in over the last four-week period, additionally plugging by 6.70% over the last 6 months – not to mention a rise of 85.52% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TNDM stock in for the last two-week period is set at 29.14, with the RSI for the last a single of trading hit 20.56, and the three-weeks RSI is set at 35.32 for Tandem Diabetes Care Inc [TNDM]. The present Moving Average for the last 50 days of trading for this stock 42.16, while it was recorded at 39.74 for the last single week of trading, and 37.10 for the last 200 days.
Insight into Tandem Diabetes Care Inc Fundamentals:
Tandem Diabetes Care Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.38 and a Current Ratio set at 3.05.
TNDM Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TNDM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tandem Diabetes Care Inc go to 38.80%.
Tandem Diabetes Care Inc [TNDM] Institutonal Ownership Details
There are presently around $114.04%, or 114.90%% of TNDM stock, in the hands of institutional investors. The top three institutional holders of TNDM stocks are: BLACKROCK INC. with ownership of 11.12 million shares, which is approximately 17.1137%. VANGUARD GROUP INC, holding 7.38 million shares of the stock with an approximate value of $$297.26 million in TNDM stocks shares; and VANGUARD GROUP INC, currently with $$147.67 million in TNDM stock with ownership which is approximately 5.6394%.
