NASDAQ:TNON Tenon Medical (TNON) Stock Price, News & Analysis → Will this $2 AI stock double overnight? (From Behind the Markets) (Ad) Free TNON Stock Alerts $0.76 +0.05 (+7.00%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$0.72▼$0.7650-Day Range$0.71▼$1.4552-Week Range$0.71▼$23.00Volume7,339 shsAverage Volume211,857 shsMarket Capitalization$2.85 millionP/E RatioN/ADividend YieldN/APrice Target$3.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Tenon Medical alerts: Email Address Tenon Medical MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside292.4% Upside$3.00 Price TargetShort InterestHealthy3.32% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.76 out of 5 stars 3.5 Analyst's Opinion Consensus RatingTenon Medical has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageTenon Medical has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.32% of the float of Tenon Medical has been sold short.Short Interest Ratio / Days to CoverTenon Medical has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tenon Medical has recently decreased by 68.86%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldTenon Medical does not currently pay a dividend.Dividend GrowthTenon Medical does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TNON. Previous Next N/A News and Social Media Coverage Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tenon Medical insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.40% of the stock of Tenon Medical is held by insiders.Percentage Held by InstitutionsOnly 22.74% of the stock of Tenon Medical is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Tenon Medical is -0.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Tenon Medical is -0.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTenon Medical has a P/B Ratio of 2.55. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsWill this $2 AI stock double overnight?It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!Click here to learn more >>> About Tenon Medical Stock (NASDAQ:TNON)Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as stabilizes and transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.Read More TNON Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TNON Stock News HeadlinesApril 16, 2024 | americanbankingnews.comTenon Medical (NASDAQ:TNON) Given New $3.00 Price Target at BenchmarkMarch 28, 2024 | finanznachrichten.deTenon Medical, Inc.: Tenon Medical Appoints Kristine Jacques to its Board of DirectorsApril 25, 2024 | Behind the Markets (Ad)Will this $2 AI stock double overnight?It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!March 27, 2024 | finance.yahoo.comTenon(R) Medical Announces Positive Fusion Results in First Patients Reaching 12-Month Follow Up in an IRB Approved, Multi-Centered, Post-Market Study Utilizing the Catamaran(R) SI Joint Fusion SystemMarch 14, 2024 | seekingalpha.comTenon Medical, Inc (TNON) Q4 2023 Earnings Call TranscriptMarch 14, 2024 | markets.businessinsider.comBuy Rating Affirmed for Tenon Medical on Strong Market Penetration and Strategic Growth InitiativesMarch 13, 2024 | theglobeandmail.comHealthcare Stock Bid Up Before Opening BellMarch 13, 2024 | finance.yahoo.comTenon Medical, Inc. (NASDAQ:TNON) Q4 2023 Earnings Call TranscriptApril 25, 2024 | Behind the Markets (Ad)Will this $2 AI stock double overnight?It's a tiny AI company fighting for a big piece of a $20 Billion Pentagon contract. What's more, this groundbreaking firm is trading for less than $2 a share!March 13, 2024 | benzinga.comWhy SurgePays Shares Are Trading Lower By Around 15%; Here Are 20 Stocks Moving PremarketMarch 13, 2024 | finance.yahoo.comQ4 2023 Tenon Medical Inc Earnings CallMarch 12, 2024 | finanznachrichten.deTenon Medical, Inc.: Tenon Medical Reports Fourth Quarter and Full Year 2023 Financial ResultsMarch 12, 2024 | msn.comTenon Medical GAAP EPS of -$8.59 beats by $1.13, revenue of $2.93M misses by $0.25MMarch 12, 2024 | benzinga.comRecap: Tenon Medical Q4 EarningsFebruary 24, 2024 | morningstar.comTenon Medical Inc TNONFebruary 22, 2024 | benzinga.comTenon Medical Stock (NASDAQ:TNON), Short Interest ReportFebruary 22, 2024 | finance.yahoo.comTenon Medical, Inc. Announces Issuance of Notice of Allowance of Patent Application Which Further Enhances Important Claims for its Sacroiliac Joint ImplantFebruary 21, 2024 | finanznachrichten.deTenon Medical, Inc. Issues Approximately $3.85 Million in Series A Preferred StockFebruary 21, 2024 | finance.yahoo.comCORRECTION: Tenon Medical, Inc. Issues Approximately $3.85 Million in Series A Preferred StockFebruary 21, 2024 | finance.yahoo.comTenon Medical, Inc. Raises Approximately $2.6 Million in Series A Preferred StockJanuary 8, 2024 | finance.yahoo.comTenon Medical, Inc. Announces Second Adjournment of Special Meeting of StockholdersDecember 22, 2023 | finance.yahoo.comTenon Medical, Inc. Announces Adjournment of Special Meeting of StockholdersDecember 20, 2023 | finance.yahoo.comTenon Medical Announces Participation in Two Key Immersive Webinar Physician Training Programs Featuring the Company’s Catamaran(R) SI Joint Fusion SystemNovember 21, 2023 | finance.yahoo.comTenon Medical Announces Closing of $1.25 Million Secured Note FinancingNovember 14, 2023 | finance.yahoo.comTenon Medical Reports Third Quarter 2023 Financial ResultsNovember 3, 2023 | msn.comWhy Tenon Medical (TNON) Stock Is Skyrocketing TodayNovember 3, 2023 | finance.yahoo.comTenon Medical Passes FDA Level 2 InspectionSee More Headlines Receive TNON Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tenon Medical and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/12/2024Today4/24/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorMedical Industry Surgical & medical instruments Sub-IndustryN/A Current SymbolNASDAQ:TNON CUSIPN/A CIK1560293 Webwww.tenonmed.com Phone408-649-5760FaxN/AEmployees21Year FoundedN/APrice Target and Rating Average Stock Price Target$3.00 High Stock Price Target$3.00 Low Stock Price Target$3.00 Potential Upside/Downside+292.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($9.74) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-15,580,000.00 Net Margins-532.14% Pretax Margin-532.14% Return on Equity-934.11% Return on Assets-200.10% Debt Debt-to-Equity RatioN/A Current Ratio1.24 Quick Ratio1.06 Sales & Book Value Annual Sales$2.93 million Price / Sales0.97 Cash FlowN/A Price / Cash FlowN/A Book Value$0.30 per share Price / Book2.55Miscellaneous Outstanding Shares3,730,000Free Float3,414,000Market Cap$2.85 million OptionableNot Optionable Beta2.24 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Richard M. Ferrari (Age 70)Founder & Executive Chairman Mr. Steven M. Foster (Age 56)CEO, President & Director Comp: $487.6kMr. Richard Ginn (Age 58)Founder, CTO & Director Comp: $350.23kMr. Steven M. Van Dick (Age 69)Executive VP of Finance & Administration and CFO Comp: $385.23kKey CompetitorsDynatronicsNASDAQ:DYNTQuoin PharmaceuticalsNASDAQ:QNRXNemaura MedicalNASDAQ:NMRDProSomnusNASDAQ:OSAPReShape LifesciencesNASDAQ:RSLSView All CompetitorsInsiders & InstitutionsTMD Wealth Management LLCSold 3,152,555 shares on 2/14/2024Ownership: 17.361%Dick Steven M VanBought 50,000 shares on 6/14/2023Total: $13,500.00 ($0.27/share)Richard GinnSold 64,990 sharesTotal: $81,887.40 ($1.26/share)Steven M FosterSold 27,791 sharesTotal: $35,016.66 ($1.26/share)View All Insider TransactionsView All Institutional Transactions TNON Stock Analysis - Frequently Asked Questions Should I buy or sell Tenon Medical stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tenon Medical in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TNON shares. View TNON analyst ratings or view top-rated stocks. What is Tenon Medical's stock price target for 2024? 1 Wall Street research analysts have issued 12 month price objectives for Tenon Medical's shares. Their TNON share price targets range from $3.00 to $3.00. On average, they expect the company's share price to reach $3.00 in the next year. This suggests a possible upside of 292.4% from the stock's current price. View analysts price targets for TNON or view top-rated stocks among Wall Street analysts. How have TNON shares performed in 2024? Tenon Medical's stock was trading at $1.58 at the start of the year. Since then, TNON shares have decreased by 51.6% and is now trading at $0.7646. View the best growth stocks for 2024 here. Are investors shorting Tenon Medical? Tenon Medical saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 104,000 shares, a decrease of 68.9% from the March 15th total of 334,000 shares. Based on an average daily volume of 252,300 shares, the days-to-cover ratio is currently 0.4 days. Currently, 3.3% of the company's shares are sold short. View Tenon Medical's Short Interest. When is Tenon Medical's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our TNON earnings forecast. How were Tenon Medical's earnings last quarter? Tenon Medical, Inc. (NASDAQ:TNON) posted its quarterly earnings results on Tuesday, March, 12th. The company reported ($0.68) EPS for the quarter. The company earned $0.81 million during the quarter. Tenon Medical had a negative net margin of 532.14% and a negative trailing twelve-month return on equity of 934.11%. When did Tenon Medical IPO? Tenon Medical (TNON) raised $16 million in an IPO on Wednesday, April 27th 2022. The company issued 3,200,000 shares at a price of $4.50-$5.50 per share. How do I buy shares of Tenon Medical? Shares of TNON stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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