Tango Therapeutics, Inc. (TNGX)

NASDAQ: TNGX · IEX Real-Time Price · USD
7.94
+0.24 (3.12%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

TNGX has a market cap or net worth of $801.45 million. The enterprise value is $502.63 million.

Market Cap 801.45M
Enterprise Value 502.63M

Important Dates

The last earnings date was Monday, March 18, 2024, before market open.

Earnings Date Mar 18, 2024
Ex-Dividend Date n/a

Share Statistics

TNGX has 106.72 million shares outstanding. The number of shares has increased by 7.69% in one year.

Shares Outstanding 106.72M
Shares Change (YoY) +7.69%
Shares Change (QoQ) +7.68%
Owned by Insiders (%) 13.51%
Owned by Institutions (%) 88.15%
Float 46.25M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 21.94
Forward PS 26.76
PB Ratio 3.17
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 13.76
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 7.54, with a Debt / Equity ratio of 0.15.

Current Ratio 7.54
Quick Ratio n/a
Debt / Equity 0.15
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -42.00% and return on invested capital (ROIC) is -39.10%.

Return on Equity (ROE) -42.00%
Return on Assets (ROA) -25.20%
Return on Capital (ROIC) -39.10%
Revenue Per Employee $260,907
Profits Per Employee -$726,743
Employee Count 140
Asset Turnover 0.09
Inventory Turnover n/a

Taxes

In the past 12 months, TNGX has paid $134,000 in taxes.

Income Tax 134,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +111.17% in the last 52 weeks. The beta is 0.90, so TNGX's price volatility has been similar to the market average.

Beta (1Y) 0.90
52-Week Price Change +111.17%
50-Day Moving Average 10.87
200-Day Moving Average 8.15
Relative Strength Index (RSI) 30.94
Average Volume (30 Days) 678,534

Short Selling Information

The latest short interest is 8.88 million, so 8.33% of the outstanding shares have been sold short.

Short Interest 8.88M
Short Previous Month 8.87M
Short % of Shares Out 8.33%
Short % of Float 19.21%
Short Ratio (days to cover) 16.79

Income Statement

In the last 12 months, TNGX had revenue of $36.53 million and -$101.74 million in losses. Loss per share was -$1.08.

Revenue 36.53M
Gross Profit 36.53M
Operating Income -114.17M
Pretax Income -101.61M
Net Income -101.74M
EBITDA -95.59M
EBIT -101.61M
Loss Per Share -$1.08
Full Income Statement

Balance Sheet

The company has $337.74 million in cash and $38.92 million in debt, giving a net cash position of $298.82 million or $2.80 per share.

Cash & Cash Equivalents 337.74M
Total Debt 38.92M
Net Cash 298.82M
Net Cash Per Share $2.80
Equity / Book Value 253.11M
Book Value Per Share 2.37
Working Capital 300.60M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$117.98 million and capital expenditures -$1.53 million, giving a free cash flow of -$119.51 million.

Operating Cash Flow -117.98M
Capital Expenditures -1.53M
Free Cash Flow -119.51M
FCF Per Share -$1.26
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of -312.57% and -278.54%.

Gross Margin 100.00%
Operating Margin -312.57%
Pretax Margin -278.18%
Profit Margin -278.54%
EBITDA Margin -261.69%
EBIT Margin -278.18%
FCF Margin -327.18%

Dividends & Yields

TNGX does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -7.69%
Shareholder Yield -7.69%
Earnings Yield -12.69%
FCF Yield -14.91%

Analyst Forecast

The average price target for TNGX is $17.25, which is 117.25% higher than the current price. The consensus rating is "Strong Buy".

Price Target $17.25
Price Target Difference 117.25%
Analyst Consensus Strong Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 74.66%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

TNGX has an Altman Z-Score of 2.08 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.08
Piotroski F-Score 3