Is Tenable Holdings Stock a Good Investment?
Tenable Holdings Investment Advice | TENB |
- Examine Tenable Holdings' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Tenable Holdings' leadership team and their track record. Good management can help Tenable Holdings navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Systems Software space and any emerging trends that could impact Tenable Holdings' business and its evolving consumer preferences.
- Compare Tenable Holdings' performance and market position to its competitors. Analyze how Tenable Holdings is positioned in terms of product offerings, innovation, and market share.
- Check if Tenable Holdings pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Tenable Holdings' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tenable Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tenable Holdings is a good investment.
Sell | Buy |
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 |
Examine Tenable Holdings Stock
Researching Tenable Holdings' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company shares are owned by institutional investors. The company recorded a loss per share of 0.51. Tenable Holdings had not issued any dividends in recent years.
To determine if Tenable Holdings is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tenable Holdings' research are outlined below:
| 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 uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Tenable Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tenable Holdings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 22nd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Tenable Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Tenable Holdings' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-04-26 | 2022-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2022-02-01 | 2021-12-31 | 0.03 | 0.05 | 0.02 | 66 | ||
2018-09-05 | 2018-06-30 | -0.2 | -0.18 | 0.02 | 10 | ||
2019-02-05 | 2018-12-31 | -0.15 | -0.12 | 0.03 | 20 | ||
2018-10-30 | 2018-09-30 | -0.19 | -0.16 | 0.03 | 15 | ||
2022-07-26 | 2022-06-30 | 0.01 | 0.05 | 0.04 | 400 | ||
2021-07-27 | 2021-06-30 | 0.05 | 0.09 | 0.04 | 80 | ||
2019-10-29 | 2019-09-30 | -0.11 | -0.07 | 0.04 | 36 |
Know Tenable Holdings' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tenable Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tenable Holdings backward and forwards among themselves. Tenable Holdings' institutional investor refers to the entity that pools money to purchase Tenable Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.1 B.Market Cap |
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Tenable Holdings' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.08) | (0.08) | |
| Return On Capital Employed | (0.06) | (0.05) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.23) | (0.24) |
Determining Tenable Holdings' profitability involves analyzing its financial statements and using various financial metrics to determine if Tenable Holdings is a good buy. For example, gross profit margin measures Tenable Holdings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tenable Holdings' profitability and make more informed investment decisions.
Tenable Holdings' Earnings Breakdown by Geography
Please note, the presentation of Tenable Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tenable Holdings' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Tenable Holdings' management manipulating its earnings.
Evaluate Tenable Holdings' management efficiency
As of November 25, 2024, Return On Tangible Assets is expected to decline to -0.08. The current year's Return On Capital Employed is expected to grow to -0.05. At present, Tenable Holdings' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 841.5 M, whereas Net Tangible Assets are forecasted to decline to (146.1 M). Tenable Holdings' management efficiency ratios could be used to measure how well Tenable Holdings manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.00 | 3.15 | |
| Tangible Book Value Per Share | (2.42) | (2.30) | |
| Enterprise Value Over EBITDA | (613.34) | (582.68) | |
| Price Book Value Ratio | 15.35 | 11.20 | |
| Enterprise Value Multiple | (613.34) | (582.68) | |
| Price Fair Value | 15.35 | 11.20 | |
| Enterprise Value | 930.9 M | 827.5 M |
Leadership effectiveness at Tenable Holdings is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta 0.832 |
Basic technical analysis of Tenable Stock
As of the 25th of November, Tenable Holdings has the Semi Deviation of 1.5, risk adjusted performance of 0.0272, and Coefficient Of Variation of 3533.84. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tenable Holdings, as well as the relationship between them.Tenable Holdings' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tenable Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tenable Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tenable Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Tenable Holdings' Outstanding Corporate Bonds
Tenable Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tenable Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tenable bonds can be classified according to their maturity, which is the date when Tenable Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Tenable Holdings' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Tenable Holdings' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0272 | |||
| Market Risk Adjusted Performance | 0.0384 | |||
| Mean Deviation | 1.19 | |||
| Semi Deviation | 1.5 | |||
| Downside Deviation | 1.54 | |||
| Coefficient Of Variation | 3533.84 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.86 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0284 | |||
| Maximum Drawdown | 9.94 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 2.52 | |||
| Downside Variance | 2.36 | |||
| Semi Variance | 2.24 | |||
| Expected Short fall | (1.24) | |||
| Skewness | 1.15 | |||
| Kurtosis | 5.47 |
| Risk Adjusted Performance | 0.0272 | |||
| Market Risk Adjusted Performance | 0.0384 | |||
| Mean Deviation | 1.19 | |||
| Semi Deviation | 1.5 | |||
| Downside Deviation | 1.54 | |||
| Coefficient Of Variation | 3533.84 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.86 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0284 | |||
| Maximum Drawdown | 9.94 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 2.52 | |||
| Downside Variance | 2.36 | |||
| Semi Variance | 2.24 | |||
| Expected Short fall | (1.24) | |||
| Skewness | 1.15 | |||
| Kurtosis | 5.47 |
Consider Tenable Holdings' intraday indicators
Tenable Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tenable Holdings stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Tenable Holdings Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Tenable Stock media impact
Far too much social signal, news, headlines, and media speculation about Tenable Holdings that are available to investors today. That information is available publicly through Tenable media outlets and privately through word of mouth or via Tenable internal channels. However, regardless of the origin, that massive amount of Tenable data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Tenable Holdings news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tenable Holdings relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tenable Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tenable Holdings alpha.
Tenable Holdings Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Tenable Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tenable Holdings Historical Investor Sentiment
Investor biases related to Tenable Holdings' public news can be used to forecast risks associated with an investment in Tenable. The trend in average sentiment can be used to explain how an investor holding Tenable can time the market purely based on public headlines and social activities around Tenable Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tenable Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tenable Holdings and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Tenable Holdings news discussions. The higher the estimate score, the more favorable the investor's outlook on Tenable Holdings.
Tenable Holdings Corporate Management
| Bridgett Paradise | Chief People Officer | Profile | |
| Michela Stribling | Chief Officer | Profile | |
| Mark Thurmond | Chief Officer | Profile | |
| Stephen Vintz | Chief Officer | Profile | |
| Michelle VonderHaar | Chief Secretary | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in 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. For information on how to trade Tenable Stock refer to our How to Trade Tenable Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.
In summary, please note that there is a difference between Tenable Holdings' value and its price, as these two are different measures arrived at by various 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.