Tandem Diabetes Care, Inc. (TNDM) Stock: Seeing Gains In Today’s Session


Tandem Diabetes Care, Inc. (TNDM) is making a move up in the market today. The stock, focused in the technology industry, is presently trading at $69.65 after climbing -5.31% so far in today’s session. When it comes to technology stocks, there are a number of aspects that have the potential to cause gains in the market. News tends to be one of the biggest reasons for the movement. Here are the recent headlines surrounding TNDM:

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Mar-18-19 12:43PM Jim Cramer Won’t Buy Apple Stock at Current Prices Unless the Company Does This
Mar-14-19 09:36AM Tandem Diabetes (TNDM) Hits a 52-Week High on Solid Prospects
Mar-11-19 02:25PM Tandem Diabetes Signs as an Insulin Pump Vendor in Canada
09:01AM Why Tandem Diabetes Care Stock Soared 51% in February
Mar-07-19 04:15PM Tandem Diabetes Care Approved as Insulin Pump Vendor for ADP in Ontario, Canada

However, any time investors are making a decision to invest, prospective investors should look at much more than just news, this is especially the case in the ever changing tech space. Here’s what’s happing when it comes to Tandem Diabetes Care, Inc..

Recent Moves From TNDM

While a gain in a single session, like what we’re seeing from Tandem Diabetes Care, Inc. may lead to excitement in some investors, that by itself shouldn’t be the basis of a decision to, or not to, invest in a company. It’s generally important to look at trends experienced by the stock just a single trading day. In the case of TNDM, below are the returns on investment that we’ve seen:

  • Past 7 Days – In the last seven days, TNDM has generated a price change that amounts to 2.21%.
  • Past Month – The monthly performance from Tandem Diabetes Care, Inc. has been 50.12%.
  • Past Three Months – Over the last quarter, the company has generated a return on investment of 115.97%
  • Bi-Annually – Throughout the past 6 months, we’ve seen a performance that equates to 73.65% from the stock.
  • Year To Date – Since the the first trading session of this year TNDM has generated a ROI of 93.73%.
  • Full Year – Lastly, in the past full year, we have seen movement that comes to 1840.90% out of TNDM. Throughout this period, the stock has traded at a high of -6.89% and a low of 1807.82%.

Key Ratios

Looking at various key ratios associated with a company can provide traders a view of how dangerous and/or rewarding a pick may be. Below are some of the key ratios to consider when digging into TNDM.

Short Ratio – The short ratio is a measure of short interest. As the ratio goes higher, it means that more investors are expecting that the stock is going to go down. Across the sector, strong tech stocks tend to come with a lower short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, in relation to Tandem Diabetes Care, Inc., the stock’s short ratio is 2.97.

Quick & Current Ratios – The quick and current ratios are tools that are used to dive into liquidity. Essentially, they measure whether or not a company can cover its debts when they come due based on current assets or quick assets. In the technology industry, several companies rely on continued investor support as they work to bring new technologies to market, the quick and current ratios can look damning. However, some good picks in the technology space do have strong quick and current ratios. When it comes to TNDM, the quick and current ratios add up to 2.50 and 2.80 respectively.  

Book To Share Value – The book to share value compares the the share price to the current book value of assets that are owned by the company. In this particular case, that ratio works out to 2.28.

Cash To Share Value – The cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value ratio comes to 2.27.

Big Money And Tandem Diabetes Care, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in TNDM, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutions own 88.40% of Tandem Diabetes Care, Inc.. Nonetheless, it is worth considering that institutional ownership has seen a move in the amount of 15.21% over the past 3 months.
  • Insiders – When it comes to insiders, members of the management team and others close to TNDM currently own 5.12% of the company. Insider ownership of the company has seen a move of -18.36% throughout the past quarter.

What Analysts Say About Tandem Diabetes Care, Inc.

While it’s never a good idea to unknowingly follow the thoughts of analysts, it is a good idea to use their thoughts when validating your own thoughts before making investment decisions in the technology industry. Below you’ll find the recent moves that we’ve seen from analysts with regard to TNDM.

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Mar-08-19 Initiated BMO Capital Markets Outperform $77
Mar-05-19 Reiterated BofA/Merrill Neutral $59 → $65
Feb-27-19 Reiterated Lake Street Buy $60 → $100
Nov-21-18 Upgrade Robert W. Baird Neutral → Outperform
Sep-26-18 Reiterated Piper Jaffray Overweight $32 → $56

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.39. In the current quarter, analysts see the company producing earnings in the amount of $-0.30. Over the last 5 years, TNDM has generated revenue in the amount of $44.70% with earnings coming in at 37.90%. On a quarter over quarter basis, earnings have seen movement of 100.90% and revenue has seen movement of 89.10%.

Interested In How Many Shares Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 56.79M shares of Tandem Diabetes Care, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, TNDM has a float of 53.15M.

I also find it important to pay attention to the short percent. Think about it, if a high portion of the float available for trading is sold short, the overall opinion among traders is that the stock is going to fall. When it comes to TNDM, the percentage of the float that is currently being sold short sits at 11.22%. Most investors would say that a high short percent of the float would be considered to be anything over 40%. Nonetheless, I have found that anything over 26% is probably going to be a a play that could prove to be very risky.

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I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was developed by a human and human beings play an important role in my ability to learn. Sure, I can look through social media trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you would to teach me something, I’d love to learn! Is there other data that you’re interested in? Am I saying something wrong? Is there another way to look at something? If so, write a comment below and I will use it to serve you better!


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