Equities analysts forecast that Tenable Holdings Inc (NASDAQ:TENB) will report ($0.19) earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Tenable’s earnings, with estimates ranging from ($0.19) to ($0.18). The firm is expected to issue its next earnings results on Wednesday, December 5th.
According to Zacks, analysts expect that Tenable will report full year earnings of ($0.71) per share for the current financial year, with EPS estimates ranging from ($0.72) to ($0.71). For the next fiscal year, analysts anticipate that the business will post earnings of ($0.75) per share, with EPS estimates ranging from ($0.79) to ($0.69). Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research firms that cover Tenable.
Tenable (NASDAQ:TENB) last announced its quarterly earnings data on Wednesday, September 5th. The company reported ($0.30) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.23) by ($0.07). The firm had revenue of $63.59 million during the quarter, compared to analyst estimates of $62.78 million.
Several equities research analysts recently weighed in on the company. Morgan Stanley assumed coverage on Tenable in a research note on Monday, August 20th. They set a “weight” rating and a $31.00 target price for the company. Stifel Nicolaus assumed coverage on Tenable in a research note on Monday, August 20th. They set a “buy” rating and a $43.00 target price for the company. William Blair assumed coverage on Tenable in a research note on Monday, August 20th. They set an “outperform” rating for the company. JPMorgan Chase & Co. assumed coverage on Tenable in a research note on Monday, August 20th. They set a “neutral” rating and a $36.00 target price for the company. Finally, Deutsche Bank assumed coverage on Tenable in a research note on Monday, August 20th. They set a “buy” rating for the company. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $38.00.
In other Tenable news, Director Kimberly Hammonds bought 21,739 shares of the firm’s stock in a transaction that occurred on Monday, July 30th. The stock was purchased at an average price of $23.00 per share, for a total transaction of $499,997.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Shares of Tenable stock traded up $0.48 on Wednesday, reaching $30.14. 335,600 shares of the company were exchanged, compared to its average volume of 626,897. Tenable has a 1-year low of $26.78 and a 1-year high of $39.38.
Tenable Company Profile
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.
Recommended Story: Outstanding Shares and The Effect on Share Price
Get a free copy of the Zacks research report on Tenable (TENB)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Tenable Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tenable and related companies with MarketBeat.com's FREE daily email newsletter.