Tenable Holdings Stock Buy Hold or Sell Recommendation
| TENB Stock | USD 42.44 0.59 1.41% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Tenable Holdings is 'Hold'. Macroaxis provides Tenable Holdings buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TENB positions.
Check out Tenable Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide. In addition, we conduct extensive research on individual companies such as Tenable and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Tenable Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tenable |
Execute Tenable Holdings Buy or Sell Advice
The Tenable recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tenable Holdings. Macroaxis does not own or have any residual interests in Tenable Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tenable Holdings' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Tenable Holdings Trading Alerts and Improvement Suggestions
| The company reported the previous year's revenue of 798.71 M. Net Loss for the year was (78.28 M) with profit before overhead, payroll, taxes, and interest of 528.4 M. | |
| Over 93.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Tenable Holdings COO sells shares worth 89,950 |
Tenable Holdings Returns Distribution Density
The distribution of Tenable Holdings' historical returns is an attempt to chart the uncertainty of Tenable Holdings' future price movements. The chart of the probability distribution of Tenable Holdings daily returns describes the distribution of returns around its average expected value. We use Tenable Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tenable Holdings returns is essential to provide solid investment advice for Tenable Holdings.
| Mean Return | 0.05 | Value At Risk | -2.39 | Potential Upside | 2.52 | Standard Deviation | 1.69 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tenable Holdings historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tenable Stock Institutional Investors
| Shares | First Trust Advisors L.p. | 2024-06-30 | 2.3 M | Pictet Asset Manangement Sa | 2024-06-30 | 1.8 M | Champlain Investment Partners, Llc | 2024-09-30 | 1.7 M | Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2024-09-30 | 1.6 M | Norges Bank | 2024-06-30 | 1.4 M | American Century Companies Inc | 2024-09-30 | 1.4 M | Ion Asset Management Ltd. | 2024-09-30 | 1.2 M | Penserra Capital Management, Llc | 2024-06-30 | 1.1 M | Daventry Group, Lp | 2024-09-30 | 1.1 M | Fmr Inc | 2024-09-30 | 15.2 M | Vanguard Group Inc | 2024-09-30 | 13.2 M |
Tenable Holdings Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (17.5M) | 24.6M | (126.6M) | (128.0M) | (417K) | (437.9K) | |
| Change In Cash | (90.7M) | 103.8M | 99.8M | 22.6M | (63.7M) | (60.5M) | |
| Net Borrowings | (16K) | 2M | 375M | (3.8M) | (4.3M) | (4.1M) | |
| Free Cash Flow | (31.4M) | 44.0M | 90.2M | 112.0M | 141.1M | 148.2M | |
| Depreciation | 6.9M | 10.6M | 16.2M | 22.2M | 27.1M | 28.5M | |
| Other Non Cash Items | (784K) | 1.1M | 3.9M | 5.5M | 475K | 451.3K | |
| Capital Expenditures | 20.7M | 20.3M | 6.6M | 19.1M | 8.8M | 12.3M | |
| Net Income | (99.0M) | (42.7M) | (46.7M) | (92.2M) | (78.3M) | (82.2M) | |
| End Period Cash Flow | 74.7M | 178.5M | 278.3M | 300.9M | 237.1M | 178.3M | |
| Change To Netincome | 45.1M | 60.8M | 72.9M | 123.4M | 141.9M | 149.0M | |
| Change Receivables | (25.9M) | (20.0M) | (17.2M) | (51.3M) | (46.1M) | (43.8M) |
Tenable Holdings Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tenable Holdings or Software sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tenable Holdings' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tenable stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 1.33 | |
σ | Overall volatility | 1.71 | |
Ir | Information ratio | -0.05 |
Tenable Holdings Volatility Alert
Tenable Holdings has relatively low volatility with skewness of 1.15 and kurtosis of 5.47. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tenable Holdings' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tenable Holdings' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tenable Holdings Fundamentals Vs Peers
Comparing Tenable Holdings' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tenable Holdings' direct or indirect competition across all of the common fundamentals between Tenable Holdings and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tenable Holdings or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tenable Holdings' fundamental indicators could also be used in its relative valuation, which is a method of valuing Tenable Holdings by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tenable Holdings to competition |
| Fundamentals | Tenable Holdings | Peer Average |
| Return On Equity | -0.16 | -0.31 |
| Return On Asset | -0.007 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 4.96 B | 16.62 B |
| Shares Outstanding | 120.14 M | 571.82 M |
| Shares Owned By Insiders | 1.72 % | 10.09 % |
| Shares Owned By Institutions | 93.14 % | 39.21 % |
| Number Of Shares Shorted | 4.28 M | 4.71 M |
| Price To Book | 12.60 X | 9.51 X |
| Price To Sales | 5.81 X | 11.42 X |
| Revenue | 798.71 M | 9.43 B |
| Gross Profit | 528.4 M | 27.38 B |
| EBITDA | (52.16 M) | 3.9 B |
| Net Income | (78.28 M) | 570.98 M |
| Cash And Equivalents | 548.01 M | 2.7 B |
| Cash Per Share | 4.88 X | 5.01 X |
| Total Debt | 413.31 M | 5.32 B |
| Debt To Equity | 1.62 % | 48.70 % |
| Current Ratio | 1.51 X | 2.16 X |
| Book Value Per Share | 3.38 X | 1.93 K |
| Cash Flow From Operations | 149.85 M | 971.22 M |
| Short Ratio | 5.63 X | 4.00 X |
| Earnings Per Share | (0.51) X | 3.12 X |
| Price To Earnings To Growth | 3.05 X | 4.89 X |
| Target Price | 48.41 | |
| Number Of Employees | 2 K | 18.84 K |
| Beta | 0.83 | -0.15 |
| Market Capitalization | 5.1 B | 19.03 B |
| Total Asset | 1.61 B | 29.47 B |
| Retained Earnings | (825.03 M) | 9.33 B |
| Working Capital | 129.63 M | 1.48 B |
| Net Asset | 1.61 B |
Note: Disposition of 4561 shares by Mark Thurmond of Tenable Holdings subject to Rule 16b-3 [view details]
Tenable Holdings Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tenable . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Tenable Holdings Buy or Sell Advice
When is the right time to buy or sell Tenable Holdings? Buying financial instruments such as Tenable Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out Tenable Holdings Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenable Holdings. If investors know Tenable will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenable Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Revenue Per Share 7.435 | Quarterly Revenue Growth 0.127 | Return On Assets (0.01) | Return On Equity (0.16) |
The market value of Tenable Holdings is measured differently than its book value, which is the value of Tenable that is recorded on the company's balance sheet. Investors also form their own opinion of Tenable Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tenable Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenable Holdings' market value can be influenced by many factors that don't directly affect Tenable Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenable Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenable Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenable Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.