Here's What You May Have Missed About Tango Therapeutics (TNGX)

Small-cap health care company Tango Therapeutics has moved 8.4% Friday, reaching $3.74 per share. In contrast, the average analyst target price for the stock is $15.2.

Tango Therapeutics, Inc., a biotechnology company, discovers and develops drugs for the treatment of cancer. The company is based in the United States.

Make Sure to Consider the Following Before Buying Tango Therapeutics:

  • Tango Therapeutics has moved -15.0% over the last year.

  • TNGX has a forward P/E ratio of -2.5 based on its EPS guidance of -1.52.

  • Over the last 3 years, earnings per share (EPS) have been growing at a compounded average rate of -31.8%.

  • Its Price to Book (P/B) ratio is 1.45

Tango Therapeutics Has an Unconvincing Cash Flow History

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2022-12-31 -109,080 -7,692 -116,772 -90.29
2021-12-31 -59,527 -1,837 -61,364 -188.97
2020-12-31 70,074 -1,106 68,968 n/a

Tango Therapeutics's recent cash flow history is disappointing. They've averaged $-36.39 Million over the last 3 years while displaying a coefficient of variability of 262.0%. During this time, they grew at a -27.2% compounded yearly rate

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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