By otakuyassine3@gmail.com 
Tenable (NASDAQ:TENB – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.520-1.600 for the period, compared to the consensus EPS estimate of 1.450. The company issued revenue guidance of $971.0 million-$981.0 million, compared to the consensus revenue estimate of $982.9 million. Tenable also updated its Q1 2025 guidance to 0.280-0.300 EPS.
Wall Street Analyst Weigh In
Several research firms have recently commented on TENB. Stifel Nicolaus lowered Tenable from a “buy” rating to a “hold” rating and lowered their price target for the stock from $46.00 to $45.00 in a research report on Friday, January 17th. Barclays reduced their price objective on Tenable from $49.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 31st. Morgan Stanley reiterated an “equal weight” rating and issued a $47.00 price objective (down from $50.00) on shares of Tenable in a research note on Monday, December 2nd. Scotiabank increased their price objective on Tenable from $44.00 to $45.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 21st. Finally, Piper Sandler reduced their price objective on Tenable from $55.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, October 31st. Seven research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $50.25.
Check Out Our Latest Research Report on TENB
Tenable Stock Performance
Shares of NASDAQ TENB traded up $0.19 during midday trading on Wednesday, reaching $43.21. 2,404,854 shares of the company were exchanged, compared to its average volume of 1,112,059. Tenable has a 1 year low of $35.25 and a 1 year high of $53.50. The stock has a fifty day simple moving average of $41.45 and a 200 day simple moving average of $41.34. The stock has a market cap of $5.19 billion, a P/E ratio of -84.73 and a beta of 0.87. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.88.
Tenable (NASDAQ:TENB – Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.26). Tenable had a negative net margin of 6.82% and a negative return on equity of 6.21%. On average, research analysts forecast that Tenable will post -0.02 earnings per share for the current fiscal year.
Insider Buying and Selling at Tenable
In other news, Director Raymond Jr. Vicks sold 809 shares of the business’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $38.52, for a total transaction of $31,162.68. Following the sale, the director now owns 8,659 shares of the company’s stock, valued at $333,544.68. The trade was a 8.54 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Mark C. Thurmond sold 2,209 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $40.72, for a total value of $89,950.48. Following the sale, the chief operating officer now directly owns 35,480 shares in the company, valued at $1,444,745.60. This trade represents a 5.86 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,463 shares of company stock valued at $894,042. 4.30% of the stock is owned by corporate insiders.
About Tenable
Tenable Holdings, Inc provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Its platforms include Tenable Vulnerability Management, a cloud-delivered software as a service that provides organizations with a risk-based view of traditional and modern attack surfaces; Tenable Cloud Security, a cloud-native cloud security solutions for security teams to continuously assess the security posture; Tenable Identity Exposure, a solution to secure Active Directory environments; Tenable Web App Scanning, which provides scanning for modern web applications; Tenable Lumin Exposure View, a measurement tool; Tenable Attack Surface Management, an external attack surface management solution; Tenable Security Center, an on-premises solution that provides a risk-based view of an organization’s IT, security and compliance posture; and Tenable OT Security, an operational technology security solution which provides threat detection, asset tracking, vulnerability management, and configuration control capabilities.
Further Reading
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