Talend S.A. (NASDAQ:TLND)‘s stock had its “buy” rating reissued by BTIG Research in a research note issued to investors on Thursday, July 13th. They currently have a $45.00 price objective on the technology company’s stock, up from their previous price objective of $35.00. BTIG Research’s price objective points to a potential upside of 19.94% from the company’s previous close.
Other equities research analysts have also issued reports about the company. Rosenblatt Securities reissued a “buy” rating and set a $37.00 price objective (up from $30.00) on shares of Talend in a research note on Monday, May 15th. Citigroup Inc. reissued a “buy” rating and set a $40.00 price objective (up from $39.00) on shares of Talend in a research note on Monday, May 15th. Zacks Investment Research raised Talend from a “sell” rating to a “hold” rating in a research note on Thursday, July 13th. Pacific Crest began coverage on Talend in a research report on Tuesday, April 11th. They issued an “overweight” rating for the company. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a $33.00 target price (up previously from $30.00) on shares of Talend in a research report on Sunday, May 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. Talend presently has an average rating of “Buy” and a consensus target price of $36.43.
Talend (NASDAQ TLND) remained flat at $37.52 during trading on Thursday. The company’s stock had a trading volume of 67,464 shares. Talend has a 12-month low of $21.02 and a 12-month high of $39.87. The company’s market cap is $1.05 billion. The stock’s 50 day moving average price is $37.23 and its 200-day moving average price is $31.44.
Talend (NASDAQ:TLND) last issued its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.22) by $0.05. The firm had revenue of $35.80 million for the quarter, compared to the consensus estimate of $35.33 million. Talend had a negative net margin of 20.62% and a negative return on equity of 159.94%. The business’s revenue for the quarter was up 40.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($1.84) earnings per share. Equities research analysts predict that Talend will post ($0.79) EPS for the current year.
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Several hedge funds have recently made changes to their positions in TLND. Citigroup Inc. purchased a new stake in shares of Talend during the second quarter valued at about $159,000. Nicholas Investment Partners LP bought a new position in Talend during the second quarter valued at $909,000. New York State Common Retirement Fund bought a new position in Talend during the second quarter valued at $161,000. TimesSquare Capital Management LLC raised its position in Talend by 11.4% in the second quarter. TimesSquare Capital Management LLC now owns 1,348,600 shares of the technology company’s stock valued at $46,904,000 after buying an additional 137,600 shares during the period. Finally, Rosenblum Silverman Sutton S F Inc. CA bought a new position in Talend during the second quarter valued at $784,000. Institutional investors and hedge funds own 36.13% of the company’s stock.
Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager.
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