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DOW   33,309.51
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The How And Why of Investing in Oil Stocks
How High Can Copper Go? (Ad)
The How and Why of Investing in Gold Stocks
The 2 Dow Stocks with Decade-Long Win Streaks on the Line
Trump says he took the Fifth in NY civil investigation
How High Can Copper Go? (Ad)
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Rhine River could fall below critical mark, risking industry
How High Can Copper Go? (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
How High Can Copper Go? (Ad)
The How and Why of Investing in Gold Stocks
The 2 Dow Stocks with Decade-Long Win Streaks on the Line
Trump says he took the Fifth in NY civil investigation
How High Can Copper Go? (Ad)
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Rhine River could fall below critical mark, risking industry
How High Can Copper Go? (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
How High Can Copper Go? (Ad)
The How and Why of Investing in Gold Stocks
The 2 Dow Stocks with Decade-Long Win Streaks on the Line
Trump says he took the Fifth in NY civil investigation
How High Can Copper Go? (Ad)
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Rhine River could fall below critical mark, risking industry
How High Can Copper Go? (Ad)
NASDAQ:TNDM

Tandem Diabetes Care - TNDM Stock Forecast, Price & News

$55.46
+1.62 (+3.01%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$53.95
$55.98
50-Day Range
$53.22
$68.97
52-Week Range
$52.08
$155.86
Volume
1.80 million shs
Average Volume
924,254 shs
Market Capitalization
$3.56 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$103.36

Tandem Diabetes Care MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
86.4% Upside
$103.36 Price Target
Short Interest
Healthy
6.96% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
-0.10mentions of Tandem Diabetes Care in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$1.66 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.16) to $0.53 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.29 out of 5 stars

Medical Sector

619th out of 1,108 stocks

Surgical & Medical Instruments Industry

62nd out of 112 stocks

TNDM stock logo

About Tandem Diabetes Care (NASDAQ:TNDM) Stock

Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States and internationally. The company's flagship product is the t:slim X2 insulin delivery system, a pump platform that comprises t:slim X2 pump, its 300-unit disposable insulin cartridge, and an infusion set. It also provides t:slim X2 insulin with Basal-IQ and control IQ technology; t:slim X2 with G5 Integration; and Tandem Device Updater, a tool that allows users to update their pump's software. In addition, the company offers t:connect, a web-based data management application, which provides a visual way to display diabetes therapy management data from the pump, continuous glucose monitoring, and supported blood glucose meters for users, their caregivers, and their healthcare providers; and Sugarmate, a mobile app for people with diabetes who use insulin. It has development and commercialization agreements with Dexcom, Inc. and Abbott Laboratories. 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 incorporated in 2006 and is headquartered in San Diego, California.

Tandem Diabetes Care Stock Up 3.0 %

Tandem Diabetes Care stock opened at $55.46 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 5.36 and a current ratio of 6.00. Tandem Diabetes Care has a 52-week low of $52.08 and a 52-week high of $155.86. The firm has a 50 day moving average price of $60.28 and a two-hundred day moving average price of $88.40. The firm has a market cap of $3.55 billion, a price-to-earnings ratio of -252.09 and a beta of 0.80.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TNDM shares. Lake Street Capital reduced their price target on shares of Tandem Diabetes Care from $200.00 to $150.00 in a research note on Thursday, August 4th. SVB Leerink restated a "market perform" rating on shares of Tandem Diabetes Care in a research note on Monday, April 18th. Cowen reduced their price target on shares of Tandem Diabetes Care from $141.00 to $107.00 in a research note on Thursday, August 4th. Oppenheimer cut their target price on shares of Tandem Diabetes Care from $142.00 to $130.00 in a research report on Thursday, May 5th. Finally, TheStreet downgraded shares of Tandem Diabetes Care from a "c-" rating to a "d+" rating in a research report on Monday, June 13th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $103.36.

Insiders Place Their Bets

In other Tandem Diabetes Care news, COO David B. Berger sold 10,097 shares of the firm's stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $65.02, for a total transaction of $656,506.94. Following the completion of the transaction, the chief operating officer now owns 2,457 shares in the company, valued at approximately $159,754.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Tandem Diabetes Care news, COO David B. Berger sold 10,097 shares of the firm's stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $65.02, for a total transaction of $656,506.94. Following the completion of the transaction, the chief operating officer now owns 2,457 shares in the company, valued at approximately $159,754.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kim D. Blickenstaff sold 10,762 shares of the firm's stock in a transaction that occurred on Tuesday, May 17th. The stock was sold at an average price of $92.91, for a total transaction of $999,897.42. Following the transaction, the director now owns 205,190 shares of the company's stock, valued at approximately $19,064,202.90. The disclosure for this sale can be found here. Company insiders own 2.20% of the company's stock.

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TNDM Stock News Headlines

Tandem Diabetes Care (NASDAQ:TNDM) PT Lowered to $80.00
Tandem Diabetes Care (NASDAQ:TNDM) Price Target Cut to $150.00
Tandem Diabetes Care (NASDAQ:TNDM) Price Target Cut to $90.00
See More Headlines
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TNDM Company Calendar

Last Earnings
11/03/2021
Today
8/11/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Surgical & medical instruments
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:TNDM
Fax
N/A
Employees
2,000
Year Founded
2006

Price Target and Rating

Average Stock Price Forecast
$103.36
High Stock Price Forecast
$150.00
Low Stock Price Forecast
$49.00
Forecasted Upside/Downside
+86.4%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$15.57 million
Pretax Margin
-1.62%

Debt

Sales & Book Value

Annual Sales
$702.80 million
Cash Flow
$0.53 per share
Book Value
$7.00 per share

Miscellaneous

Free Float
62,808,000
Market Cap
$3.56 billion
Optionable
Optionable
Beta
0.80

Social Links















TNDM Stock - Frequently Asked Questions

Should I buy or sell Tandem Diabetes Care stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tandem Diabetes Care in the last twelve months. There are currently 1 sell rating, 2 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 2022?

7 Wall Street analysts have issued 1 year target prices for Tandem Diabetes Care's stock. Their TNDM share price forecasts range from $49.00 to $150.00. On average, they anticipate the company's share price to reach $103.36 in the next twelve months. This suggests a possible upside of 86.4% 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 2022?

Tandem Diabetes Care's stock was trading at $150.52 at the beginning of 2022. Since then, TNDM stock has decreased by 63.2% and is now trading at $55.46.
View the best growth stocks for 2022 here
.

When is Tandem Diabetes Care's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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, November, 3rd. The medical device company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.08 by $0.01. The medical device company earned $179.63 million during the quarter, compared to the consensus estimate of $172.80 million. Tandem Diabetes Care had a negative net margin of 1.72% and a negative trailing twelve-month return on equity of 2.99%. During the same period in the prior year, the firm posted ($0.09) EPS.

When did Tandem Diabetes Care's stock split?

Tandem Diabetes Care's stock 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 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $835.00 million-$845.00 million, compared to the consensus revenue estimate of $857.12 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 retail and institutional investors. Top institutional investors include Stephens Investment Management Group LLC (1.31%), Chicago Capital LLC (0.71%), Emerald Advisers LLC (0.63%), Assenagon Asset Management S.A. (0.55%), Pictet Asset Management SA (0.52%) and Emerald Mutual Fund Advisers Trust (0.52%). Insiders that own company stock include Brian B Hansen, Brian B Hansen, Christopher J Twomey, Christopher J Twomey, David B Berger, Dick Allen, Douglas A Roeder, Edward L Cahill, 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 $55.46.

How much money does Tandem Diabetes Care make?

Tandem Diabetes Care (NASDAQ:TNDM) has a market capitalization of $3.55 billion and generates $702.80 million in revenue each year. The medical device company earns $15.57 million in net income (profit) each year or ($0.22) on an earnings per share basis.

How many employees does Tandem Diabetes Care have?

The company employs 2,000 workers across the globe.

When was Tandem Diabetes Care founded?

Tandem Diabetes Care was founded in 2006.

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 8/11/2022 by MarketBeat.com Staff

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