NASDAQ:TNDM

Tandem Diabetes Care (TNDM) Stock Price, News & Analysis

$44.72
+8.16 (+22.32%)
(As of 05/3/2024 ET)
Today's Range
$42.46
$47.00
50-Day Range
$26.58
$37.05
52-Week Range
$13.82
$47.00
Volume
5.99 million shs
Average Volume
1.77 million shs
Market Capitalization
$2.89 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$40.82

Tandem Diabetes Care MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
2.8% Downside
$43.45 Price Target
Short Interest
Bearish
14.31% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
1.13mentions of Tandem Diabetes Care in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.62) to ($1.07) Per Share

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.

3.18 out of 5 stars

Medical Sector

1963rd out of 5,430 stocks

Surgical & Medical Instruments Industry

259th out of 570 stocks

TNDM stock logo

About Tandem Diabetes Care Stock (NASDAQ:TNDM)

Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes technology solutions for people living with diabetes in the United States and internationally. The company's flagship product is the t:slim X2 insulin delivery system, a pump platform for managing insulin delivery and display continuous glucose monitoring sensor information directly on the pump home screen; and Tandem Mobi insulin pump, an automated insulin delivery system. It also sells single-use products, including cartridges for storing and delivering insulin, and infusion sets that connect the insulin pump to the user's body. In addition, the company offers Tandem Device Updater used to update the pump software from a personal computer; Tandem Source, a web-based data management platform, which provides a visual way to display diabetes therapy management data from the pumps, integrated CGMs, and supported blood glucose meters; and Sugarmate, a mobile app used to help people visualize diabetes therapy data. The company was formerly known as Phluid Inc. and changed its name to Tandem Diabetes Care, Inc. in January 2008. Tandem Diabetes Care, Inc. was incorporated in 2006 and is headquartered in San Diego, California.

TNDM Stock Price History

TNDM Stock News Headlines

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Q1 2024 Tandem Diabetes Care Inc Earnings Call
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Tandem Diabetes Care (NASDAQ:TNDM) Upgraded at Leerink Partnrs
Tandem Diabetes Care (TNDM) to Release Earnings on Thursday
Tandem Diabetes Care Inc
Should You Invest in Tandem Diabetes Care (TNDM)?
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
5/03/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Surgical & medical instruments
Sub-Industry
N/A
Current Symbol
NASDAQ:TNDM
Fax
N/A
Employees
2,400
Year Founded
2006

Price Target and Rating

Average Stock Price Target
$43.45
High Stock Price Target
$62.00
Low Stock Price Target
$33.00
Potential Upside/Downside
-8.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
11 Analysts

Profitability

Net Income
$-222,610,000.00
Pretax Margin
-29.46%

Debt

Sales & Book Value

Annual Sales
$747.72 million
Book Value
$4.81 per share

Miscellaneous

Free Float
63,143,000
Market Cap
$2.89 billion
Optionable
Optionable
Beta
1.10

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TNDM Stock Analysis - Frequently Asked Questions

Should I buy or sell Tandem Diabetes Care stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tandem Diabetes Care in the last year. There are currently 1 sell rating, 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TNDM shares.
View TNDM analyst ratings
or view top-rated stocks.

What is Tandem Diabetes Care's stock price target for 2024?

11 Wall Street analysts have issued 12 month price targets for Tandem Diabetes Care's stock. Their TNDM share price targets range from $33.00 to $62.00. On average, they predict the company's stock price to reach $43.45 in the next twelve months. This suggests that the stock has a possible downside of 2.8%.
View analysts price targets for TNDM
or view top-rated stocks among Wall Street analysts.

How have TNDM shares performed in 2024?

Tandem Diabetes Care's stock was trading at $29.58 on January 1st, 2024. Since then, TNDM shares have increased by 51.2% and is now trading at $44.72.
View the best growth stocks for 2024 here
.

When is Tandem Diabetes Care's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our TNDM earnings forecast
.

How were Tandem Diabetes Care's earnings last quarter?

Tandem Diabetes Care, Inc. (NASDAQ:TNDM) issued its quarterly earnings data on Wednesday, February, 21st. The medical device company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.23) by $0.04. The medical device company earned $196.80 million during the quarter, compared to the consensus estimate of $204.86 million. Tandem Diabetes Care had a negative net margin of 29.77% and a negative trailing twelve-month return on equity of 31.48%.

When did Tandem Diabetes Care's stock split?

Shares of Tandem Diabetes Care reverse split on the morning of Tuesday, October 10th 2017. The 1-10 reverse split was announced on Monday, October 9th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Monday, October 9th 2017. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has Tandem Diabetes Care issued on next quarter's earnings?

Tandem Diabetes Care updated its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $205.0 million-$205.0 million, compared to the consensus revenue estimate of $205.0 million.

What is John Sheridan's approval rating as Tandem Diabetes Care's CEO?

11 employees have rated Tandem Diabetes Care Chief Executive Officer John Sheridan on Glassdoor.com. John Sheridan has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Tandem Diabetes Care own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tandem Diabetes Care investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Micron Technology (MU), DexCom (DXCM), Netflix (NFLX), Block (SQ), Roku (ROKU), Lululemon Athletica (LULU) and PayPal (PYPL).

Who are Tandem Diabetes Care's major shareholders?

Tandem Diabetes Care's stock is owned by a variety of retail and institutional investors. Top institutional investors include Jennison Associates LLC (3.96%), Principal Financial Group Inc. (0.55%), Baillie Gifford & Co. (0.40%), Assenagon Asset Management S.A. (0.35%), BNP Paribas Financial Markets (0.23%) and Mirae Asset Global Investments Co. Ltd. (0.22%). Insiders that own company stock include Brian B Hansen, Christopher J Twomey, Christopher J Twomey, David B Berger, Dick Allen, Elizabeth Anne Gasser, James Leal, John F Sheridan, Kathleen Mcgroddy-Goetz, Kim D Blickenstaff, Leigh Vosseller, Mark Reinstra, Rebecca B Robertson, Rebecca B Robertson, Shannon Marie Hansen and Susan Morrison.
View institutional ownership trends
.

How do I buy shares of Tandem Diabetes Care?

Shares of TNDM 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.

This page (NASDAQ:TNDM) was last updated on 5/3/2024 by MarketBeat.com Staff

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