NASDAQ:TENBTenable Stock Price, Forecast & News

$29.92

-0.46 (-1.51 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$29.39

Now: $29.92▼

$30.31

50-Day Range

$22.21

MA: $27.20▼

$31.27

52-Week Range

$16.28

Now: $29.92▼

$32.10

Volume723,700 shs

Average Volume656,478 shs

Market Capitalization$2.99 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.89

Tenable Holdings, Inc. provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate vulnerability data into business insights to understand and reduce their cybersecurity risk. It offers Tenable.io, a software as a service that manages and measures cyber exposure across a range of traditional information technology (IT) assets, such as networking infrastructure, desktops, and on-premises servers, as well as modern IT assets, such as cloud workloads, containers, Web applications, and Internet of Things and operational technology assets; and Tenable.sc, a solution to manage and measure cyber exposure across traditional information technology assets and can be run on-premises, in the cloud, or in a hybrid environment, as well as Industrial Security. The company was founded in 2002 and is headquartered in Columbia, Maryland.

Beat the Market (BTM) Rank^™

1.4 Analyst's Opinion

Consensus Rating
Tenable has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.91, Tenable has a potential upside of 10.0% from its current price of $29.92.
Amount of Analyst Coverage
Tenable has only been the subject of 4 research reports in the past 90 days.

3.0 Community Rank

Outperform Votes
Tenable has received 150 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Tenable has received 103 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Tenable has received 59.29% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Tenable and other stocks. Vote “Outperform” if you believe TENB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TENB will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Tenable does not currently pay a dividend.
Dividend Growth
Tenable does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tenable insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $25,967,509.00 in company stock.
Percentage Held by Insiders
Only 16.40% of the stock of Tenable is held by insiders.
Percentage Held by Institutions
69.98% of the stock of Tenable is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Tenable are expected to grow in the coming year, from ($0.85) to ($0.84) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Tenable is -29.05, 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. Sector
The P/E ratio of Tenable is -29.05, 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 Ratio
Tenable has a P/B Ratio of 29.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.20 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:TENB

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.tenable.com

Phone410-872-0555

Debt

Debt-to-Equity Ratio0.40

Current Ratio1.11

Quick Ratio1.11

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$354.59 million

Price / Sales8.44

Cash FlowN/A

Price / Cash FlowN/A

Book Value$1.01 per share

Price / Book29.62

Profitability

EPS (Most Recent Fiscal Year)($0.87)

Net Income$-99,010,000.00

Net Margins-26.68%

Return on Equity-76.21%

Return on Assets-15.93%

Miscellaneous

Employees1,477

Outstanding Shares100,080,000

Market Cap$2.99 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Tenable (NASDAQ:TENB) Frequently Asked Questions

How has Tenable's stock been impacted by COVID-19 (Coronavirus)?

Tenable's stock was trading at $20.51 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TENB shares have increased by 45.9% and is now trading at $29.92. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Tenable?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tenable.

When is Tenable's next earnings date?

Tenable is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Tenable.

How were Tenable's earnings last quarter?

Tenable Holdings Inc (NASDAQ:TENB) released its earnings results on Tuesday, April, 28th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.19) by $0.10. The company earned $102.60 million during the quarter, compared to analyst estimates of $100.07 million. Tenable had a negative return on equity of 76.21% and a negative net margin of 26.68%. The company's quarterly revenue was up 27.8% on a year-over-year basis. During the same period last year, the firm posted ($0.13) EPS. View Tenable's earnings history.

What guidance has Tenable issued on next quarter's earnings?

Tenable updated its second quarter 2020 After-Hours earnings guidance on Tuesday, April, 28th. The company provided earnings per share (EPS) guidance of -0.06--0.04 for the period, compared to the Thomson Reuters consensus estimate of $-0.11. The company issued revenue guidance of $101-103 million, compared to the consensus revenue estimate of $104.22 million.

What price target have analysts set for TENB?

11 brokers have issued 12-month price targets for Tenable's stock. Their forecasts range from $25.00 to $44.00. On average, they expect Tenable's stock price to reach $32.91 in the next twelve months. This suggests a possible upside of 10.0% from the stock's current price. View analysts' price targets for Tenable.

Has Tenable been receiving favorable news coverage?

Press coverage about TENB stock has been trending negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tenable earned a daily sentiment score of -2.6 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutTenable.

Are investors shorting Tenable?

Tenable saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,410,000 shares, a decline of 13.0% from the April 30th total of 1,620,000 shares. Based on an average daily volume of 559,700 shares, the short-interest ratio is currently 2.5 days. Currently, 2.8% of the shares of the company are short sold. View Tenable's Current Options Chain.

Who are some of Tenable's key competitors?

Some companies that are related to Tenable include Ceridian HCM (CDAY), Nice (NICE), Black Knight (BKI), Dynatrace (DT), Dropbox (DBX), PTC (PTC), UBISOFT ENTMT S/ADR (UBSFY), Guidewire Software (GWRE), Temenos (TMNSF), HubSpot (HUBS), Alteryx (AYX), Cloudflare (NET), Trend Micro (TMICY), Avalara (AVLR) and Paylocity (PCTY). View all competitors.

What other stocks do shareholders of Tenable own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenable investors own include Netflix (NFLX), Qualys (QLYS), AT&T (T), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Paypal (PYPL), AbbVie (ABBV), salesforce.com (CRM) and Mastercard (MA).

Who are Tenable's key executives?

Tenable's management team includes the following people:

Dr. Amit Yoran, Pres, CEO & Chairman (Age 48)
Mr. John C. Huffard Jr., Co-Founder, COO & Director (Age 51)
Mr. Stephen A. Vintz, Chief Financial Officer (Age 50)
Mr. Stephen A. Riddick, Gen. Counsel & Corp. Sec. (Age 55)
Mr. John G. Negron, Chief Revenue Officer (Age 55)

When did Tenable IPO?

(TENB) raised $166 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 9,200,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan, Allen & Company, Deutsche Bank Securities and Stifel served as the underwriters for the IPO and William Blair and BTIG were co-managers.

What is Tenable's stock symbol?

Tenable trades on the NASDAQ under the ticker symbol "TENB."

Who are Tenable's major shareholders?

Tenable's stock is owned by many different retail and institutional investors. Top institutional investors include Insight Holdings Group LLC (26.37%), Mackenzie Financial Corp (4.29%), Champlain Investment Partners LLC (4.15%), Sylebra Capital Ltd (3.39%), BlackRock Inc. (3.13%) and ETF Managers Group LLC (1.49%). Company insiders that own Tenable stock include Amit Yoran, Insight Holdings Group, Llc, Jerry M Kennelly, John C Huffard Jr, John Negron, Kimberly Hammonds, Ping Li, Stephen A Riddick and Stephen A Vintz. View institutional ownership trends for Tenable.

Which institutional investors are selling Tenable stock?

TENB stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, ETF Managers Group LLC, Deutsche Bank AG, Cipher Capital LP, UBS Group AG, Engineers Gate Manager LP, and Cinctive Capital Management LP. Company insiders that have sold Tenable company stock in the last year include Amit Yoran, Insight Holdings Group, Llc, Jerry M Kennelly, John C Huffard Jr, John Negron, Ping Li, Stephen A Riddick, and Stephen A Vintz. View insider buying and selling activity for Tenable.

Which institutional investors are buying Tenable stock?

TENB stock was acquired by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Champlain Investment Partners LLC, Diker Management LLC, Healthcare of Ontario Pension Plan Trust Fund, Polar Asset Management Partners Inc., SG Americas Securities LLC, AXA, and Pinnacle Associates Ltd.. View insider buying and selling activity for Tenable.

How do I buy shares of Tenable?

Shares of TENB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Tenable's stock price today?

One share of TENB stock can currently be purchased for approximately $29.92.

How big of a company is Tenable?

Tenable has a market capitalization of $2.99 billion and generates $354.59 million in revenue each year. The company earns $-99,010,000.00 in net income (profit) each year or ($0.87) on an earnings per share basis. Tenable employs 1,477 workers across the globe.

What is Tenable's official website?

The official website for Tenable is www.tenable.com.

How can I contact Tenable?

Tenable's mailing address is 7021 COLUMBIA GATEWAY DRIVE SUITE 500, COLUMBIA MD, 21046. The company can be reached via phone at 410-872-0555 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff