Tenable (TENB) Sets New 1-Year High at $38.99
Tenable Holdings Inc (NASDAQ:TENB)’s share price hit a new 52-week high on Thursday . The stock traded as high as $38.99 and last traded at $38.30, with a volume of 4851 shares changing hands. The stock had previously closed at $38.80.
Several equities analysts have recently weighed in on the company. Stifel Nicolaus assumed coverage on Tenable in a report on Monday, August 20th. They issued a “buy” rating and a $43.00 price objective for the company. Morgan Stanley assumed coverage on Tenable in a report on Monday, August 20th. They set a “weight” rating and a $31.00 price target for the company. William Blair assumed coverage on Tenable in a report on Monday, August 20th. They set an “outperform” rating for the company. JPMorgan Chase & Co. assumed coverage on Tenable in a report on Monday, August 20th. They set a “neutral” rating and a $36.00 price target for the company. Finally, Deutsche Bank assumed coverage on Tenable in a report on Monday, August 20th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $38.00.
Tenable (NASDAQ:TENB) last posted its quarterly earnings results on Wednesday, September 5th. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.07). The company had revenue of $63.59 million during the quarter, compared to analyst estimates of $62.78 million. research analysts anticipate that Tenable Holdings Inc will post -0.97 EPS for the current fiscal year.
About Tenable (NASDAQ:TENB)
Tenable Holdings, Inc provides cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its enterprise software platform enables visibility into an organization's cyber exposure across the attack surface and deep insights that help organizations translate technical data into business insights to understand and reduce their cybersecurity risk.
Further Reading: Book Value Per Share – BVPS
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