Tandem Diabetes Care (TNDM) Down 8.9% Since Last Earnings Report: Can It Rebound?

It has been about a month since the last earnings report for Tandem Diabetes Care, Inc. (TNDM). Shares have lost about 8.9% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Tandem Diabetes Care due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.

How Have Estimates Been Moving Since Then?

It turns out, estimates review have trended downward during the past month.

The consensus estimate has shifted -25.04% due to these changes.

VGM Scores

At this time, Tandem Diabetes Care has a nice Growth Score of B, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock was allocated a grade of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook

Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Tandem Diabetes Care has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry Player

Tandem Diabetes Care belongs to the Zacks Medical - Instruments industry. Another stock from the same industry, Fresenius (FMS), has gained 3.2% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.

Fresenius reported revenues of $5.42 billion in the last reported quarter, representing a year-over-year change of +1%. EPS of $0.48 for the same period compares with $0.47 a year ago.

For the current quarter, Fresenius is expected to post earnings of $0.45 per share, indicating a change of +25% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.6% over the last 30 days.

Fresenius has a Zacks Rank #1 (Strong Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.

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This article originally published on Zacks Investment Research (zacks.com).

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