Tempus AI Inc (NASDAQ: TEM)’s stock price has gone decline by -7.87 in comparison to its previous close of 63.89, however, the company has experienced a 9.07% increase in its stock price over the last five trading days. zacks.com reported 2024-11-25 that TEM acquires Ambry Genetics, expanding its testing portfolio and redefining precision medicine.
Is It Worth Investing in Tempus AI Inc (NASDAQ: TEM) Right Now?
There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for TEM is 49.67M and currently, short sellers hold a 7.00% ratio of that float. The average trading volume of TEM on November 27, 2024 was 1.18M shares.
TEM’s Market Performance
TEM’s stock has seen a 9.07% increase for the week, with a 35.82% rise in the past month and a -0.62% fall in the past quarter. The volatility ratio for the week is 11.78%, and the volatility levels for the past 30 days are at 14.01% for Tempus AI Inc The simple moving average for the past 20 days is 3.23% for TEM’s stock, with a 24.22% simple moving average for the past 200 days.
Analysts’ Opinion of TEM
Many brokerage firms have already submitted their reports for TEM stocks, with Stifel repeating the rating for TEM by listing it as a “Hold.” The predicted price for TEM in the upcoming period, according to Stifel is $65 based on the research report published on November 11, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see TEM reach a price target of $60, previously predicting the price at $45. The rating they have provided for TEM stocks is “Neutral” according to the report published on October 02nd, 2024.
Piper Sandler gave a rating of “Neutral” to TEM, setting the target price at $40 in the report published on August 12th of the current year.
TEM Trading at 12.12% from the 50-Day Moving Average
After a stumble in the market that brought TEM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.95% of loss for the given period.
Volatility was left at 14.01%, however, over the last 30 days, the volatility rate increased by 11.78%, as shares surge +30.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.58% upper at present.
During the last 5 trading sessions, TEM rose by +9.08%, in comparison to the 20-day moving average, which settled at $57.03. In addition, Tempus AI Inc saw 46.25% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TEM starting from Tempus AI, Inc., who purchase 3,500,000 shares at the price of $5.07 back on Aug 16 ’24. After this action, Tempus AI, Inc. now owns 12,718,800 shares of Tempus AI Inc, valued at $17,745,000 using the latest closing price.
Stock Fundamentals for TEM
Current profitability levels for the company are sitting at:
- -1.08 for the present operating margin
- 0.52 for the gross margin
The net margin for Tempus AI Inc stands at -1.16. The total capital return value is set at -0.96.
Based on Tempus AI Inc (TEM), the company’s capital structure generated 0.89 points at debt to capital in total, while cash flow to debt ratio is standing at -0.43. The debt to equity ratio resting at 8.28. The interest coverage ratio of the stock is -12.85.
Currently, EBITDA for the company is -133.33 million with net debt to EBITDA at -0.13. When we switch over and look at the enterprise to sales, we see a ratio of 14.14. The receivables turnover for the company is 4.4for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.69.
Conclusion
In conclusion, Tempus AI Inc (TEM) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
