Tenable (TENB) to Release Earnings on Tuesday

Tenable (NASDAQ:TENB - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $234.12 million for the quarter. Tenable has set its FY 2025 guidance at 1.520-1.600 EPS and its Q1 2025 guidance at 0.280-0.300 EPS.

Tenable (NASDAQ:TENB - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.26). Tenable had a negative return on equity of 2.07% and a negative net margin of 4.03%. On average, analysts expect Tenable to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Tenable Price Performance

Shares of Tenable stock traded up $0.27 during trading hours on Friday, hitting $32.98. The company's stock had a trading volume of 987,430 shares, compared to its average volume of 977,678. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.28. Tenable has a 12-month low of $29.99 and a 12-month high of $49.18. The business has a 50 day moving average price of $35.18 and a two-hundred day moving average price of $39.17. The company has a market cap of $3.96 billion, a PE ratio of -109.93 and a beta of 0.88.

Insiders Place Their Bets

In other Tenable news, Director Linda Kay Zecher sold 2,500 shares of Tenable stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $37.00, for a total value of $92,500.00. Following the transaction, the director now owns 353 shares in the company, valued at $13,061. The trade was a 87.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Mark C. Thurmond sold 1,341 shares of the stock in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $39.56, for a total transaction of $53,049.96. Following the sale, the chief executive officer now directly owns 41,266 shares of the company's stock, valued at approximately $1,632,482.96. The trade was a 3.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 14,128 shares of company stock worth $539,256 in the last three months. Corporate insiders own 1.50% of the company's stock.

Analyst Ratings Changes

TENB has been the topic of several research analyst reports. Scotiabank boosted their target price on shares of Tenable from $44.00 to $45.00 and gave the stock a "sector perform" rating in a report on Tuesday, January 21st. Barclays cut their price objective on Tenable from $48.00 to $40.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. Stifel Nicolaus downgraded Tenable from a "buy" rating to a "hold" rating and reduced their price objective for the stock from $46.00 to $45.00 in a research note on Friday, January 17th. Truist Financial decreased their price objective on Tenable from $48.00 to $45.00 and set a "buy" rating on the stock in a report on Monday, March 31st. Finally, Stephens initiated coverage on shares of Tenable in a research note on Tuesday, April 1st. They set an "equal weight" rating and a $42.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $46.72.

About Tenable

Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization's IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.