company background image
TNON logo

Tenon Medical NasdaqCM:TNON Stock Report

Last Price

US$1.84

Market Cap

US$5.8m

7D

-5.2%

1Y

-87.3%

Updated

23 Dec, 2024

Data

Company Financials +

TNON Stock Overview

A medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. More details

TNON fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Tenon Medical, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tenon Medical
Historical stock prices
Current Share PriceUS$1.84
52 Week HighUS$15.79
52 Week LowUS$1.81
Beta1.92
1 Month Change-27.56%
3 Month Change-54.23%
1 Year Change-87.29%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.90%

Recent News & Updates

Recent updates

We're A Little Worried About Tenon Medical's (NASDAQ:TNON) Cash Burn Rate

Nov 29
We're A Little Worried About Tenon Medical's (NASDAQ:TNON) Cash Burn Rate

Is Tenon Medical (NASDAQ:TNON) In A Good Position To Invest In Growth?

Aug 15
Is Tenon Medical (NASDAQ:TNON) In A Good Position To Invest In Growth?

Shareholder Returns

TNONUS Medical EquipmentUS Market
7D-5.2%-1.2%-2.7%
1Y-87.3%10.0%23.4%

Return vs Industry: TNON underperformed the US Medical Equipment industry which returned 10% over the past year.

Return vs Market: TNON underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is TNON's price volatile compared to industry and market?
TNON volatility
TNON Average Weekly Movement16.0%
Medical Equipment Industry Average Movement7.7%
Market Average Movement6.3%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: TNON's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: TNON's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
201221Steven Fosterwww.tenonmed.com

Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as transfixes the SI joints. Tenon Medical, Inc. was incorporated in 2012 and is headquartered in Los Gatos, California.

Tenon Medical, Inc. Fundamentals Summary

How do Tenon Medical's earnings and revenue compare to its market cap?
TNON fundamental statistics
Market capUS$5.77m
Earnings (TTM)-US$13.72m
Revenue (TTM)US$3.32m

1.7x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TNON income statement (TTM)
RevenueUS$3.32m
Cost of RevenueUS$1.40m
Gross ProfitUS$1.92m
Other ExpensesUS$15.64m
Earnings-US$13.72m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-4.37
Gross Margin57.83%
Net Profit Margin-413.88%
Debt/Equity Ratio0%

How did TNON perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 08:22
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tenon Medical, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anthony VendettiMaxim Group