NASDAQ:TENB Tenable Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Tenable Holdings Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $37.31 +1.35 (+3.75 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$36.22Now: $37.31▼$37.5350-Day Range$32.28MA: $35.91▼$41.3452-Week Range$16.28Now: $37.31▼$41.80Volume651,035 shsAverage Volume870,228 shsMarket Capitalization$3.78 billionP/E RatioN/ADividend YieldN/ABeta1.88 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesOptions ChainShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingTenable has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $39.00, Tenable has a forecasted upside of 4.5% from its current price of $37.31.Amount of Analyst CoverageTenable has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.1 Community Rank Outperform VotesTenable has received 169 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTenable has received 108 “underperform” votes. (Add your “underperform” vote.)Community SentimentTenable has received 61.01% “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. Previous Next 0.0 Dividend Strength Dividend YieldTenable does not currently pay a dividend.Dividend GrowthTenable does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn 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 $185,863,556.00 in company stock.Percentage Held by InsidersOnly 16.40% of the stock of Tenable is held by insiders.Percentage Held by Institutions78.13% of the stock of Tenable is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Tenable are expected to grow in the coming year, from ($0.57) to ($0.51) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tenable is -40.55, 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 Tenable is -40.55, 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 RatioTenable has a P/B Ratio of 36.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.45 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 Phone410-872-0555Debt Debt-to-Equity Ratio0.44 Current Ratio1.18 Quick Ratio1.18Price-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 / Sales10.66 Cash FlowN/A Price / Cash FlowN/A Book Value$1.01 per share Price / Book36.94Profitability EPS (Most Recent Fiscal Year)($0.87) Net Income$-99,010,000.00 Net Margins-22.79% Return on Equity-68.33% Return on Assets-13.37%Miscellaneous Employees1,477 Outstanding Shares101,264,000Market Cap$3.78 billion Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $37.31 +1.35 (+3.75 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive TENB News and Ratings via Email Sign-up to receive the latest news and ratings for TENB and its competitors with MarketBeat's FREE daily newsletter. Tenable (NASDAQ:TENB) Frequently Asked Questions How has Tenable's stock price been impacted by COVID-19 (Coronavirus)? Tenable's stock was trading at $20.51 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TENB stock has increased by 81.9% and is now trading at $37.31. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Tenable? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenable in the last year. There are currently 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, November 3rd 2020. View our earnings forecast for Tenable. How were Tenable's earnings last quarter? Tenable Holdings Inc (NASDAQ:TENB) released its quarterly earnings results on Tuesday, July, 28th. The company reported $0.04 EPS for the quarter, topping the Zacks' consensus estimate of ($0.21) by $0.25. The firm had revenue of $107.21 million for the quarter, compared to analysts' expectations of $102.23 million. Tenable had a negative return on equity of 68.33% and a negative net margin of 22.79%. The business's revenue was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.10) EPS. View Tenable's earnings history. What guidance has Tenable issued on next quarter's earnings? Tenable updated its FY20 earnings guidance on Tuesday, July, 28th. The company provided earnings per share guidance of $0.00 to $0.03 for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.25). The company issued revenue guidance of $428 million to $433 million, compared to the consensus revenue estimate of $427.47 million. What price target have analysts set for TENB? 8 brokerages have issued 1-year target prices for Tenable's stock. Their forecasts range from $29.00 to $50.00. On average, they anticipate Tenable's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price. View analysts' price targets for Tenable. Are investors shorting Tenable? Tenable saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,780,000 shares, an increase of 28.1% from the July 30th total of 2,170,000 shares. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is presently 2.3 days. Currently, 4.0% of the shares of the stock are sold short. View Tenable's Short Interest. Who are some of Tenable's key competitors? Some companies that are related to Tenable include Nice (NICE), Tyler Technologies (TYL), Mongodb (MDB), Black Knight (BKI), HubSpot (HUBS), Symantec (SYMC), NortonLifeLock (NLOK), Cloudflare (NET), Ceridian HCM (CDAY), Dynatrace (DT), Temenos (TMNSF), UBISOFT ENTMT S/ADR (UBSFY), Avalara (AVLR), PTC (PTC) and Nuance Communications (NUAN). 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 NVIDIA (NVDA), AT&T (T), Tesla (TSLA), Boeing (BA), salesforce.com (CRM), Mastercard (MA), Pfizer (PFE), Zscaler (ZS), IBM (IBM) and Qualys (QLYS). 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 IPO on Thursday, July 26th 2018. The company issued 9,200,000 shares at $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 a variety of retail and institutional investors. Top institutional investors include Insight Holdings Group LLC (24.03%), FMR LLC (8.36%), Vanguard Group Inc. (5.06%), Sylebra Capital Ltd (2.19%), Nuveen Asset Management LLC (0.78%) and Pinnacle Associates Ltd. (0.61%). Company insiders that own Tenable stock include Amit Yoran, Arthur W Coviello Jr, Insight Holdings Group, Llc, Jerry M Kennelly, John C Huffard Jr, John Negron, Kimberly Hammonds, Linda Kay Zecher, 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 Insight Holdings Group LLC, Sylebra Capital Ltd, SG Americas Securities LLC, First Trust Advisors LP, Holocene Advisors LP, Meitav Dash Investments Ltd., US Bancorp DE, and PDT Partners LLC. Company insiders that have sold Tenable company stock in the last year include Amit Yoran, Arthur W Coviello Jr, Insight Holdings Group, Llc, Jerry M Kennelly, John C Huffard Jr, Linda Kay Zecher, 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 bought by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Assenagon Asset Management S.A., Bank of New York Mellon Corp, Federated Hermes Inc., Man Group plc, Nuveen Asset Management LLC, and Goldman Sachs Group Inc.. 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 $37.31. How big of a company is Tenable? Tenable has a market capitalization of $3.78 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 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
