NASDAQ:TNDM Tandem Diabetes Care (TNDM) Stock Forecast, Price & News $24.77 +0.21 (+0.86%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$24.13▼$25.2550-Day Range$24.56▼$42.4652-Week Range$24.13▼$70.81Volume1.42 million shsAverage Volume1.23 million shsMarket Capitalization$1.60 billionP/E RatioN/ADividend YieldN/APrice Target$53.14 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Tandem Diabetes Care MarketRank™ ForecastAnalyst RatingHold2.30 Rating ScoreUpside/Downside114.5% Upside$53.14 Price TargetShort InterestBearish9.70% of Shares Sold ShortDividend StrengthN/ASustainability-0.64Upright™ Environmental ScoreNews Sentiment1.38Based on 6 Articles This WeekInsider TradingBalancedInsiders Both Buying and SellingProj. Earnings GrowthGrowingFrom ($1.19) to ($0.66) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.32 out of 5 starsMedical Sector236th out of 983 stocksSurgical & Medical Instruments Industry25th out of 98 stocks 3.2 Analyst's Opinion Consensus RatingTandem Diabetes Care has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $53.14, Tandem Diabetes Care has a forecasted upside of 114.5% from its current price of $24.77.Amount of Analyst CoverageTandem Diabetes Care has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.70% of the outstanding shares of Tandem Diabetes Care have been sold short.Short Interest Ratio / Days to CoverTandem Diabetes Care has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Tandem Diabetes Care has recently increased by 0.48%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldTandem Diabetes Care does not currently pay a dividend.Dividend GrowthTandem Diabetes Care does not have a long track record of dividend growth. Previous Next 4.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTandem Diabetes Care has received a 80.42% net impact score from Upright. The largest positive contribution comes from its "Physical diseases" impact, which is false driven by its "Insulin pumps" product. See details.Environmental SustainabilityThe Environmental Impact score for Tandem Diabetes Care is -0.64. Previous Next 4.1 News and Social Media Coverage News SentimentTandem Diabetes Care has a news sentiment score of 1.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Tandem Diabetes Care this week, compared to 4 articles on an average week.Search Interest21 people have searched for TNDM on MarketBeat in the last 30 days. This is an increase of 163% compared to the previous 30 days.MarketBeat Follows3 people have added Tandem Diabetes Care to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tandem Diabetes Care insiders have sold just slightly more of their company's stock than they have bought. Specifically, they have bought $393,502.00 in company stock and sold $411,900.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.Percentage Held by InsidersOnly 2.50% of the stock of Tandem Diabetes Care is held by insiders.Percentage Held by Institutions96.50% of the stock of Tandem Diabetes Care 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 Tandem Diabetes Care are expected to grow in the coming year, from ($1.19) to ($0.66) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tandem Diabetes Care is -7.81, 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 Tandem Diabetes Care is -7.81, 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 RatioTandem Diabetes Care has a P/B Ratio of 4.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Tandem Diabetes Care (NASDAQ:TNDM) StockTandem Diabetes Care, Inc. engages in the design, development, and commercialization of products for people with insulin-dependent diabetes. Its flagship product, t:slim X2 Insulin Delivery System, operates as a small insulin pump. The company was founded by Paul M. DiPerna on January 27, 2006, and is headquartered in San Diego, CA.Read More Receive TNDM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tandem Diabetes Care and its competitors with MarketBeat's FREE daily newsletter. Email Address TNDM Stock News HeadlinesJune 2, 2023 | americanbankingnews.comTandem Diabetes Care (NASDAQ:TNDM) Hits New 1-Year Low at $26.07May 31, 2023 | finance.yahoo.comGot $5,000? These 2 Stocks Could Be Bargain Buys for 2023 and Beyond.June 3, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 29, 2023 | finance.yahoo.comHere's Why You Should Retain Tandem Diabetes (TNDM) NowMay 25, 2023 | finance.yahoo.comIndependent Director of Tandem Diabetes Care Dick Allen Buys 33% More SharesMay 25, 2023 | finance.yahoo.comIndependent Director of Tandem Diabetes Care Dick Allen Buys 33% More Shares \May 24, 2023 | finance.yahoo.comTandem Diabetes Care to Present at the Jefferies Healthcare ConferenceMay 24, 2023 | americanbankingnews.comDick Allen Buys 10,000 Shares of Tandem Diabetes Care, Inc. (NASDAQ:TNDM) StockJune 3, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 19, 2023 | msn.comUnusual Put Option Trade in Tandem Diabetes Care (TNDM) Worth $165.09KMay 18, 2023 | americanbankingnews.comLeigh Vosseller Acquires 3,015 Shares of Tandem Diabetes Care, Inc. (NASDAQ:TNDM) StockMay 17, 2023 | finance.yahoo.comNot Many Are Piling Into Tandem Diabetes Care, Inc. (NASDAQ:TNDM) Stock Yet As It Plummets 29%May 17, 2023 | finance.yahoo.comTake Care Before Jumping Onto Tandem Diabetes Care, Inc. (NASDAQ:TNDM) Even Though It's 29% CheaperMay 15, 2023 | americanbankingnews.comAnalysts Set Tandem Diabetes Care, Inc. (NASDAQ:TNDM) PT at $53.62May 15, 2023 | americanbankingnews.comTandem Diabetes Care (NASDAQ:TNDM) Rating Increased to Hold at StockNews.comMay 15, 2023 | americanbankingnews.comShort Interest in Tandem Diabetes Care, Inc. (NASDAQ:TNDM) Declines By 15.0%May 7, 2023 | americanbankingnews.comStifel Nicolaus Cuts Tandem Diabetes Care (NASDAQ:TNDM) Price Target to $40.00May 7, 2023 | americanbankingnews.comRobert W. Baird Cuts Tandem Diabetes Care (NASDAQ:TNDM) Price Target to $38.00May 7, 2023 | americanbankingnews.comTandem Diabetes Care (NASDAQ:TNDM) Stock Price Down 4.1% Following Analyst DowngradeMay 6, 2023 | americanbankingnews.comTandem Diabetes Care (NASDAQ:TNDM) Downgraded by StockNews.com to "Sell"May 6, 2023 | americanbankingnews.comTandem Diabetes Care (NASDAQ:TNDM) Shares Gap Down on Analyst DowngradeMay 5, 2023 | benzinga.comTandem Diabetes Care Stock (NASDAQ:TNDM), Short Interest ReportMay 5, 2023 | markets.businessinsider.com8 Analysts Have This to Say About Tandem Diabetes CareMay 5, 2023 | msn.comB of A Securities Downgrades Tandem Diabetes Care (TNDM)May 5, 2023 | americanbankingnews.comBank of America Downgrades Tandem Diabetes Care (NASDAQ:TNDM) to UnderperformMay 4, 2023 | msn.comWhy Tandem Diabetes Care Shares Are Falling TodayMay 4, 2023 | msn.comWells Fargo Maintains Tandem Diabetes Care (TNDM) Equal-Weight RecommendationSee More Headlines TNDM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TNDM Company Calendar Last Earnings2/22/2023Today6/02/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Surgical & medical instruments Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:TNDM CUSIPN/A CIK1438133 Webwww.tandemdiabetes.com Phone(858) 366-6900FaxN/AEmployees2,600Year Founded2006Price Target and Rating Average Stock Price Forecast$53.14 High Stock Price Forecast$75.00 Low Stock Price Forecast$33.00 Forecasted Upside/Downside+114.5%Consensus RatingHold Rating Score (0-4)2.30 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($3.17) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-94,590,000.00 Net Margins-25.64% Pretax Margin-25.17% Return on Equity-17.77% Return on Assets-7.17% Debt Debt-to-Equity Ratio0.84 Current Ratio4.43 Quick Ratio3.66 Sales & Book Value Annual Sales$801.22 million Price / Sales2.00 Cash FlowN/A Price / Cash FlowN/A Book Value$5.24 per share Price / Book4.73Miscellaneous Outstanding Shares64,620,000Free Float63,006,000Market Cap$1.60 billion OptionableOptionable Beta0.93 Social Links Key ExecutivesJohn F. SheridanPresident, Chief Executive Officer & DirectorDavid B. BergerChief Operating Officer, EVP & Assistant SecretaryLeigh A. VossellerCFO, Treasurer, Principal Accounting Officer & EVPMichael MichaudVice President-Research & DevelopmentPeter RossiterVice President-Information TechnologyKey CompetitorsAlphatecNASDAQ:ATECTreace Medical ConceptsNASDAQ:TMCIEmbectaNASDAQ:EMBCNuVasiveNASDAQ:NUVAParagon 28NYSE:FNAView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 293,280 shares on 6/1/2023Ownership: 0.055%Prelude Capital Management LLCSold 3,159 shares on 6/1/2023Ownership: 0.010%Legato Capital Management LLCSold 4,785 shares on 5/25/2023Ownership: 0.017%Ameriprise Financial Inc.Bought 71,579 shares on 5/22/2023Ownership: 0.445%JPMorgan Chase & Co.Sold 57,612 shares on 5/18/2023Ownership: 0.223%View All Insider TransactionsView All Institutional Transactions TNDM Stock - Frequently Asked Questions Should I buy or sell Tandem Diabetes Care stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tandem Diabetes Care in the last year. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TNDM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TNDM, but not buy additional shares or sell existing shares. View TNDM analyst ratings or view top-rated stocks. What is Tandem Diabetes Care's stock price forecast for 2023? 10 analysts have issued 1-year price targets for Tandem Diabetes Care's stock. Their TNDM share price forecasts range from $33.00 to $75.00. On average, they anticipate the company's stock price to reach $53.14 in the next twelve months. This suggests a possible upside of 114.5% from the stock's current price. View analysts price targets for TNDM or view top-rated stocks among Wall Street analysts. How have TNDM shares performed in 2023? Tandem Diabetes Care's stock was trading at $44.95 at the beginning of the year. Since then, TNDM stock has decreased by 44.9% and is now trading at $24.77. View the best growth stocks for 2023 here. When is Tandem Diabetes Care's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our TNDM earnings forecast. How were Tandem Diabetes Care's earnings last quarter? Tandem Diabetes Care, Inc. (NASDAQ:TNDM) issued its earnings results on Wednesday, February, 22nd. The medical device company reported ($0.01) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.01. The medical device company earned $223.45 million during the quarter, compared to the consensus estimate of $221.99 million. Tandem Diabetes Care had a negative trailing twelve-month return on equity of 17.77% and a negative net margin of 25.64%. The firm's revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.16 earnings per share. What ETFs hold Tandem Diabetes Care's stock? ETFs with the largest weight of Tandem Diabetes Care (NASDAQ:TNDM) stock in their portfolio include Global X Telemedicine & Digital Health ETF (EDOC), Invesco S&P SmallCap Health Care ETF (PSCH), Fidelity Digital Health ETF (FDHT), SPDR S&P Health Care Equipment ETF (XHE), First Trust Nasdaq Lux Digital Health Solutions ETF (EKG), Nuveen Small Cap Select ETF (NSCS), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Syntax Stratified SmallCap ETF (SSLY). 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 issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $885.00 million-$900.00 million, compared to the consensus revenue estimate of $890.00 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). What is Tandem Diabetes Care's stock symbol? Tandem Diabetes Care trades on the NASDAQ under the ticker symbol "TNDM." Who are Tandem Diabetes Care's major shareholders? Tandem Diabetes Care's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.25%), FMR LLC (12.75%), Champlain Investment Partners LLC (5.07%), Brown Capital Management LLC (3.36%), State Street Corp (3.20%) and Stephens Investment Management Group LLC (1.59%). Insiders that own company stock include Brian B Hansen, 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 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Tandem Diabetes Care's stock price today? One share of TNDM stock can currently be purchased for approximately $24.77. How much money does Tandem Diabetes Care make? Tandem Diabetes Care (NASDAQ:TNDM) has a market capitalization of $1.60 billion and generates $801.22 million in revenue each year. The medical device company earns $-94,590,000.00 in net income (profit) each year or ($3.17) on an earnings per share basis. How many employees does Tandem Diabetes Care have? The company employs 2,600 workers across the globe. How can I contact Tandem Diabetes Care? Tandem Diabetes Care's mailing address is 11075 ROSELLE STREET, San Diego CA, 92121. The official website for the company is www.tandemdiabetes.com. The medical device company can be reached via phone at (858) 366-6900 or via email at smorrison@tandemdiabetes.com. This page (NASDAQ:TNDM) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tandem Diabetes Care, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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