How to Buy Tandem Diabetes Care Stock
Tandem Diabetes Care Inc
Tandem Diabetes Care, Inc. , a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States and internationally.
Tandem Diabetes Care stock last closed at $30.43, down 1.62% from the previous day, and has decreased 26.18% in one year. It has underperformed other stocks in the Medical Devices industry by 0.08 percentage points. Tandem Diabetes Care stock is currently +120.19% from its 52-week low of $13.82, and -25.31% from its 52-week high of $40.74.
As of Apr 19, 2024, there are 65.63M TNDM shares outstanding. The market cap of TNDM is $2.00B. In the past 24 hours, 985,653 TNDM shares were traded.
How to Buy Tandem Diabetes Care Stock
Not sure how to invest in Tandem Diabetes Care stock? Here's how.
- Decide where to buy Tandem Diabetes Care stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Tandem Diabetes Care stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your info.
- Research Tandem Diabetes Care stock: The Tandem Diabetes Care ticker symbol is TNDM. Is Tandem Diabetes Care stock a good investment? Should you buy shares of TNDM? How do TNDM's underlying business fundamentals look? Do top analysts think Tandem Diabetes Care is a good buy? Why has TNDM's stock price moved recently? (Hint: Our stock analysis website can help you figure out if TNDM is a good stock to buy).
- Make your TNDM buy order: Decide if you will purchase TNDM shares at the current market price or use a limit order to buy TNDM stock at a given price.
- Keep tabs on your investment in TNDM: Create a watchlist to the latest updates on your new investment in Tandem Diabetes Care stock.
Step 1: Decide where to buy Tandem Diabetes Care stock
You need a brokerage account in order to access the NASDAQ market and buy TNDM stock.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal info so you are able to invest in TNDM today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start a new trading account.
- Send your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on the stock trading app, you need to deposit funds:
Check out the video below to see the process of transferring money into your new brokerage account.
Step 4: Research Tandem Diabetes Care stock
Once you have figured out the best place to buy Tandem Diabetes Care stock, it's critical to research their stock prior to buying, so you actually comprehend the risk as well as the opportunity.
Tandem Diabetes Care Numbers
Tandem Diabetes Care Due Diligence Checks
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on TNDM's stock page.
Is TNDM stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TNDM's intrinsic value.
Using relative valuations measures:
- TNDM may be overvalued based on its P/B ratio of 6.37x, relative to Medical Devices industry P/B ratio of 3.63x
You can do additional valuation research on TNDM's stock here.
A look at TNDM Cashflows and Balance Sheet
Positive Financial Indicators:
- TNDM has cash burn of 58614000. It has sufficient cash and short-term investments to cover this for at least one year.
- TNDM has $467.91M in cash and short term investments. This is enough to cover its annual cash burn of $58.61M.
- There are more short-term assets than long-term liabilities on the TNDM balance sheet.
- There are more short-term assets than short-term liabilities on the TNDM balance sheet.
Negative Financial Indicators:
- TNDM profit margin has gone down from -11.8% to -29.8% in the past year.
- Total TNDM debt is higher than 5 years ago, relative to shareholder equity.
- TNDM has a relatively high debt to equity ratio of 2.04.
Is TNDM stock a Buy, Hold, or Sell, according to analysts?
Out of 3 Equities analysts who research TNDM, the consensus analyst rating on TNDM is a Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Tandem Diabetes Care stock forecast page.
Metrics for Advanced TNDM Traders
How is TNDM performing as a company?
Last year, TNDM revenue was $747.72M. During the last five year, TNDM's revenue has grown by 32.39% per year. This was faster than the Medical Devices industry average of 13.38%.
Dive into TNDM's earnings and revenue performance here.
Who is buying/selling TNDM?
In the past 12 months, executives and large shareholders at TNDM have bought more shares than they have sold.
Rick Carpenter, Chief Technology Officer of TNDM, was the latest TNDM insider to sell. They sold $4,149.90 worth of TNDM shares on Mar 15, 2024.
Dig into more about who owns TNDM stock here.
Does TNDM stock generate passive income?
No, Tandem Diabetes Care doesn't provide an income stream by paying out dividends.
TNDM Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your TNDM buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Press the Open Trade button and your broker will place the order.
If you want additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in TNDM
Now that you own some shares in TNDM, you'll want to keep up with your new stock purchase.
Create a watchlist to see the latest developments about your TNDM stock.
TNDM Feed
How to Buy Stock in Tandem Diabetes Care
To reiterate, here are the 6 steps to buy stock in Tandem Diabetes Care:
- Decide where to buy Tandem Diabetes Care stock
- Open your brokerage account
- Deposit funds into your investment account
- Research Tandem Diabetes Care stock
- Make your TNDM buy order
- Keep tabs on your investment in TNDM
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your new investment in Tandem Diabetes Care, get started below.
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