Tandem Diabetes Care Stock Beta
| TNDM Stock | USD 30.74 0.59 1.96% |
Tandem Diabetes Care fundamentals help investors to digest information that contributes to Tandem Diabetes' financial success or failures. It also enables traders to predict the movement of Tandem Stock. The fundamental analysis module provides a way to measure Tandem Diabetes' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tandem Diabetes stock.
Tandem | Beta |
Tandem Diabetes Care Company Beta Analysis
Tandem Diabetes' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Tandem Diabetes Beta | 1.37 |
Most of Tandem Diabetes' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tandem Diabetes Care is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tandem Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Tandem Diabetes is extremely important. It helps to project a fair market value of Tandem Stock properly, considering its historical fundamentals such as Beta. Since Tandem Diabetes' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tandem Diabetes' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tandem Diabetes' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Tandem Diabetes Care has a Beta of 1.367. This is 58.95% higher than that of the Health Care Equipment & Supplies sector and 31.44% higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.
Tandem Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tandem Diabetes' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tandem Diabetes could also be used in its relative valuation, which is a method of valuing Tandem Diabetes by comparing valuation metrics of similar companies.Tandem Diabetes is currently under evaluation in beta category among its peers.
Tandem Diabetes ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tandem Diabetes' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tandem Diabetes' managers, analysts, and investors.Environmental | Governance | Social |
Tandem Diabetes Institutional Holders
Institutional Holdings refers to the ownership stake in Tandem Diabetes that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tandem Diabetes' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tandem Diabetes' value.| Shares | Geode Capital Management, Llc | 2024-06-30 | 1.5 M | Ameriprise Financial Inc | 2024-06-30 | 1.5 M | Champlain Investment Partners, Llc | 2024-09-30 | 1.5 M | Hhg Plc | 2024-06-30 | 1.5 M | Stephens Inv Mgmt Group Llc | 2024-09-30 | 1.3 M | Jacobs Levy Equity Management, Inc. | 2024-06-30 | 1.2 M | Two Sigma Investments Llc | 2024-06-30 | 1.1 M | Two Sigma Advisers, Llc | 2024-06-30 | 1.1 M | Park West Asset Management Llc | 2024-09-30 | 1.1 M | Blackrock Inc | 2024-06-30 | 11.1 M | Vanguard Group Inc | 2024-09-30 | 7.4 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Tandem Diabetes will likely underperform.
Tandem Fundamentals
| Return On Equity | -0.46 | ||||
| Return On Asset | -0.0969 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.11) % | ||||
| Current Valuation | 1.98 B | ||||
| Shares Outstanding | 65.68 M | ||||
| Shares Owned By Insiders | 0.75 % | ||||
| Shares Owned By Institutions | 99.25 % | ||||
| Number Of Shares Shorted | 8.39 M | ||||
| Price To Earning | 494.25 X | ||||
| Price To Book | 8.33 X | ||||
| Price To Sales | 2.32 X | ||||
| Revenue | 747.72 M | ||||
| Gross Profit | 412.99 M | ||||
| EBITDA | (194.66 M) | ||||
| Net Income | (222.61 M) | ||||
| Cash And Equivalents | 608.73 M | ||||
| Cash Per Share | 9.47 X | ||||
| Total Debt | 415.67 M | ||||
| Debt To Equity | 1.00 % | ||||
| Current Ratio | 4.80 X | ||||
| Book Value Per Share | 3.62 X | ||||
| Cash Flow From Operations | (31.81 M) | ||||
| Short Ratio | 6.85 X | ||||
| Earnings Per Share | (1.94) X | ||||
| Target Price | 51.3 | ||||
| Number Of Employees | 2.4 K | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 1.98 B | ||||
| Total Asset | 952.66 M | ||||
| Retained Earnings | (951.8 M) | ||||
| Working Capital | 552.73 M | ||||
| Current Asset | 106.98 M | ||||
| Current Liabilities | 26.52 M | ||||
| Net Asset | 952.66 M |
About Tandem Diabetes Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tandem Diabetes Care's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tandem Diabetes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tandem Diabetes Care based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Health Care Equipment & Supplies 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 Tandem Diabetes. If investors know Tandem 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 Tandem Diabetes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Earnings Share (1.94) | Revenue Per Share 13.082 | Quarterly Revenue Growth 0.314 | Return On Assets (0.1) |
The market value of Tandem Diabetes Care is measured differently than its book value, which is the value of Tandem that is recorded on the company's balance sheet. Investors also form their own opinion of Tandem Diabetes' value that differs from its market value or its book value, called intrinsic value, which is Tandem Diabetes' 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 Tandem Diabetes' market value can be influenced by many factors that don't directly affect Tandem Diabetes' 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 Tandem Diabetes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandem Diabetes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandem Diabetes' 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.