Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States. The company's flagship product is the t:slim X2 insulin delivery system that comprises t:slim X2 pump, its 300-unit disposable insulin cartridge, and an infusion set. It also provides t:flex insulin delivery system that includes t:flex pump, its 480-unit disposable insulin cartridge, and an infusion set; t:slim X2 with G5 integration; and Tandem Device Updater, a PC and Mac-compatible tool that allows users to update their pump's software. In addition, the company offers t:connect diabetes management application, a cloud-based data management application, which provides a visual way to display therapy management data from the pump and supported blood glucose meters for users, their caregivers, and their healthcare providers; t:lock cartridge and infusion set products; and various pump accessories. Its products in development include automated insulin delivery systems; t:slim X2 with Basal IQ; t:slim X2 with control IQ; t:sport insulin delivery system; and connected (mobile) health mobile application. 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 founded in 2006 and is headquartered in San Diego, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Surgical & medical instruments
Sub-IndustryN/A
SectorMedical
SymbolNASDAQ:TNDM
CUSIPN/A
Phone858-366-6900
Debt
Debt-to-Equity Ratio6.45
Current Ratio2.62
Quick Ratio2.01
Price-To-Earnings
Trailing P/E Ratio-2.07
Forward P/E Ratio-18.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$107.60 million
Price / Sales12.51
Cash FlowN/A
Price / CashN/A
Book Value($2.88) per share
Price / Book-9.34
Profitability
EPS (Most Recent Fiscal Year)($12.87)
Net Income$-73,030,000.00
Net Margins-70.69%
Return on EquityN/A
Return on Assets-63.52%
Miscellaneous
Employees574
Outstanding Shares50,070,000
Market Cap$1,308.77
Tandem Diabetes Care (NASDAQ:TNDM) Frequently Asked Questions
What is Tandem Diabetes Care's stock symbol?
Tandem Diabetes Care trades on the NASDAQ under the ticker symbol "TNDM."
When did Tandem Diabetes Care's stock split? How did Tandem Diabetes Care's stock split work?
Tandem Diabetes Care shares reverse split before market open on 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 market closes on Monday, October 9th 2017. An investor that had 100 shares of Tandem Diabetes Care stock prior to the reverse split would have 10 shares after the split.
How were Tandem Diabetes Care's earnings last quarter?
Tandem Diabetes Care Inc (NASDAQ:TNDM) issued its quarterly earnings data on Thursday, March, 1st. The medical device company reported ($1.23) earnings per share for the quarter, missing the consensus estimate of ($1.11) by $0.13. The medical device company had revenue of $40 million for the quarter, compared to the consensus estimate of $38.41 million. The firm's quarterly revenue was up 61.3% on a year-over-year basis. During the same period last year, the company posted ($0.48) EPS. View Tandem Diabetes Care's Earnings History.
When is Tandem Diabetes Care's next earnings date?
What price target have analysts set for TNDM?
9 analysts have issued 1-year price targets for Tandem Diabetes Care's stock. Their forecasts range from $3.00 to $30.00. On average, they anticipate Tandem Diabetes Care's share price to reach $15.4375 in the next year. This suggests that the stock has a possible downside of 42.6%. View Analyst Ratings for Tandem Diabetes Care.
What is the consensus analysts' recommendation for Tandem Diabetes Care?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tandem Diabetes Care in the last year. There are currently 1 hold rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Are investors shorting Tandem Diabetes Care?
Tandem Diabetes Care saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 5,883,644 shares, an increase of 111.5% from the June 15th total of 2,782,413 shares. Based on an average daily trading volume, of 4,761,328 shares, the days-to-cover ratio is currently 1.2 days. Approximately 14.7% of the shares of the stock are short sold. View Tandem Diabetes Care's Current Options Chain.
Who are some of Tandem Diabetes Care's key competitors?
Some companies that are related to Tandem Diabetes Care include Insulet (PODD), Globus Medical (GMED), Haemonetics (HAE), Penumbra (PEN), Cantel Medical (CMD), Novocure (NVCR), Merit Medical Systems (MMSI), NuVasive (NUVA), Irhythm Technologies (IRTC), Nevro (NVRO), Mazor Robotics (MZOR), Luminex (LMNX), Glaukos (GKOS), Cardiovascular Systems (CSII) and Atrion (ATRI).
Who are Tandem Diabetes Care's key executives?
Tandem Diabetes Care's management team includes the folowing people:
- Mr. Kim D. Blickenstaff, Pres, CEO & Director (Age 66)
- Mr. John F. Sheridan, Exec. VP & COO (Age 63)
- Mr. Brian B. Hansen, Exec. VP & Chief Commercial Officer (Age 50)
- Ms. Leigh A. Vosseller, Exec. VP, CFO & Treasurer (Age 45)
- Ms. Susan M. Morrison, Exec. VP & Chief Admin. Officer (Age 39)
Has Tandem Diabetes Care been receiving favorable news coverage?
Headlines about TNDM stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tandem Diabetes Care earned a media sentiment score of 0.22 on Accern's scale. They also assigned headlines about the medical device company an impact score of 45.56 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Tandem Diabetes Care's major shareholders?
Tandem Diabetes Care's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fred Alger Management Inc. (3.93%), Essex Investment Management Co. LLC (0.29%) and Creative Planning (0.04%). Company insiders that own Tandem Diabetes Care stock include Christopher J Twomey, Dick Allen, John F Sheridan and Kim D Blickenstaff. View Institutional Ownership Trends for Tandem Diabetes Care.
Which major investors are selling Tandem Diabetes Care stock?
Which major investors are buying Tandem Diabetes Care stock?
TNDM stock was bought by a variety of institutional investors in the last quarter, including Fred Alger Management Inc.. Company insiders that have bought Tandem Diabetes Care stock in the last two years include Christopher J Twomey, Dick Allen and Kim D Blickenstaff. View Insider Buying and Selling for Tandem Diabetes Care.
How do I buy shares of Tandem Diabetes Care?
Shares of TNDM 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, Scottrade, Fidelity and Charles Schwab.
What is Tandem Diabetes Care's stock price today?
One share of TNDM stock can currently be purchased for approximately $26.89.
How big of a company is Tandem Diabetes Care?
Tandem Diabetes Care has a market capitalization of $1.31 billion and generates $107.60 million in revenue each year. The medical device company earns $-73,030,000.00 in net income (profit) each year or ($12.87) on an earnings per share basis. Tandem Diabetes Care employs 574 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 medical device company can be reached via phone at 858-366-6900 or via email at [email protected]
MarketBeat Community Rating for Tandem Diabetes Care (NASDAQ TNDM)
MarketBeat's community ratings are surveys of what our community members think about Tandem Diabetes Care and other stocks. Vote "Outperform" if you believe TNDM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNDM will underperform the S&P 500 over the long term. You may vote once every thirty days.
