Shares of Tandem Diabetes Care Inc (TNDM, Financial) fell 4.08% in mid-day trading on Oct 23. The stock reached an intraday low of $32.04, before recovering slightly to $32.17, down from its previous close of $33.54. This places TNDM 40.08% below its 52-week high of $53.69 and 132.78% above its 52-week low of $13.82. Trading volume was 637,136 shares, 56.0% of the average daily volume of 1,136,747.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Tandem Diabetes Care Inc (TNDM, Financial) is $54.32 with a high estimate of $75.00 and a low estimate of $18.00. The average target implies an upside of 68.84% from the current price of $32.17. More detailed estimate data can be found on the Tandem Diabetes Care Inc (TNDM) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Tandem Diabetes Care Inc's (TNDM, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Tandem Diabetes Care Inc (TNDM, Financial) in one year is $52.47, suggesting a upside of 63.1% from the current price of $32.17. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Tandem Diabetes Care Inc (TNDM) Summary page.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
