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Tandem Diabetes Care (TNDM) Competitors

$51.23
-2.20 (-4.12%)
(As of 05/31/2024 ET)

TNDM vs. IRTC, ICUI, IART, SWAV, PODD, SOLV, TFX, GMED, PEN, and STVN

Should you be buying Tandem Diabetes Care stock or one of its competitors? The main competitors of Tandem Diabetes Care include iRhythm Technologies (IRTC), ICU Medical (ICUI), Integra LifeSciences (IART), Shockwave Medical (SWAV), Insulet (PODD), Solventum (SOLV), Teleflex (TFX), Globus Medical (GMED), Penumbra (PEN), and Stevanato Group (STVN). These companies are all part of the "surgical & medical instruments" industry.

Tandem Diabetes Care vs.

Tandem Diabetes Care (NASDAQ:TNDM) and iRhythm Technologies (NASDAQ:IRTC) are both mid-cap medical companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, media sentiment, institutional ownership, risk, valuation, dividends, community ranking and profitability.

Tandem Diabetes Care has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, iRhythm Technologies has a beta of 1.31, suggesting that its stock price is 31% more volatile than the S&P 500.

Tandem Diabetes Care received 183 more outperform votes than iRhythm Technologies when rated by MarketBeat users. However, 66.04% of users gave iRhythm Technologies an outperform vote while only 61.18% of users gave Tandem Diabetes Care an outperform vote.

CompanyUnderperformOutperform
Tandem Diabetes CareOutperform Votes
572
61.18%
Underperform Votes
363
38.82%
iRhythm TechnologiesOutperform Votes
389
66.04%
Underperform Votes
200
33.96%

Tandem Diabetes Care has a net margin of -18.37% compared to iRhythm Technologies' net margin of -25.33%. Tandem Diabetes Care's return on equity of -34.38% beat iRhythm Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Tandem Diabetes Care-18.37% -34.38% -10.91%
iRhythm Technologies -25.33%-69.87%-23.50%

iRhythm Technologies has lower revenue, but higher earnings than Tandem Diabetes Care. Tandem Diabetes Care is trading at a lower price-to-earnings ratio than iRhythm Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tandem Diabetes Care$770.01M4.30-$222.61M-$2.17-23.61
iRhythm Technologies$492.68M5.57-$123.41M-$4.23-20.85

Tandem Diabetes Care presently has a consensus target price of $50.58, suggesting a potential downside of 1.26%. iRhythm Technologies has a consensus target price of $134.00, suggesting a potential upside of 51.91%. Given iRhythm Technologies' stronger consensus rating and higher possible upside, analysts clearly believe iRhythm Technologies is more favorable than Tandem Diabetes Care.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tandem Diabetes Care
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.92
iRhythm Technologies
0 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Tandem Diabetes Care had 10 more articles in the media than iRhythm Technologies. MarketBeat recorded 14 mentions for Tandem Diabetes Care and 4 mentions for iRhythm Technologies. iRhythm Technologies' average media sentiment score of 1.45 beat Tandem Diabetes Care's score of 0.87 indicating that iRhythm Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tandem Diabetes Care
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
iRhythm Technologies
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Tandem Diabetes Care and iRhythm Technologies tied by winning 8 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TNDM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TNDM vs. The Competition

MetricTandem Diabetes CareSurgical & medical instruments IndustryMedical SectorNASDAQ Exchange
Market Cap$3.31B$3.86B$5.13B$7.96B
Dividend YieldN/A1.82%2.75%4.01%
P/E Ratio-23.6116.07167.1718.57
Price / Sales4.3071.072,418.7891.65
Price / CashN/A48.1735.3031.51
Price / Book13.635.075.534.59
Net Income-$222.61M$4.50M$106.01M$213.90M
7 Day Performance-0.97%1.27%1.14%0.87%
1 Month Performance41.52%0.10%1.43%3.60%
1 Year Performance108.59%-17.03%4.07%7.91%

Tandem Diabetes Care Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IRTC
iRhythm Technologies
1.2437 of 5 stars
$86.75
-1.2%
$134.00
+54.5%
-20.1%$2.70B$513.17M-20.512,000Positive News
ICUI
ICU Medical
3.9285 of 5 stars
$101.14
-3.6%
$123.00
+21.6%
-40.6%$2.46B$2.26B-41.2814,000Insider Selling
Positive News
IART
Integra LifeSciences
4.7277 of 5 stars
$29.60
+2.5%
$35.00
+18.2%
-19.6%$2.33B$1.54B59.203,946Positive News
SWAV
Shockwave Medical
4.3886 of 5 stars
$334.83
+0.1%
$309.11
-7.7%
N/A$12.57B$730.23M78.231,468Positive News
PODD
Insulet
4.916 of 5 stars
$172.25
-3.1%
$239.44
+39.0%
-35.0%$12.06B$1.70B52.203,000Analyst Forecast
Insider Selling
Short Interest ↑
SOLV
Solventum
0 of 5 stars
$59.72
-0.2%
$69.67
+16.7%
N/A$10.31B$8.25B0.00N/AAnalyst Forecast
TFX
Teleflex
4.4202 of 5 stars
$202.51
-1.0%
$261.75
+29.3%
-10.6%$9.54B$2.97B32.5114,500Short Interest ↑
Analyst Revision
GMED
Globus Medical
4.5924 of 5 stars
$65.28
-0.3%
$69.40
+6.3%
+22.0%$8.84B$1.57B101.995,000Analyst Forecast
Short Interest ↓
Analyst Revision
Positive News
PEN
Penumbra
4.846 of 5 stars
$191.27
-0.8%
$300.64
+57.2%
-39.7%$7.41B$1.06B80.704,200Positive News
STVN
Stevanato Group
1.6688 of 5 stars
€19.16
-1.7%
N/A-26.2%$5.66B$1.08B34.845,635Dividend Announcement

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This page (NASDAQ:TNDM) was last updated on 6/2/2024 by MarketBeat.com Staff

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