Equities research analysts expect Talend S.A. (NASDAQ:TLND) to post ($0.26) earnings per share for the current quarter, according to Zacks. Three analysts have made estimates for Talend’s earnings. Talend also posted earnings of ($0.26) per share in the same quarter last year. The business is scheduled to report its next earnings report on Thursday, November 9th.
On average, analysts expect that Talend will report full-year earnings of ($1.02) per share for the current fiscal year. For the next year, analysts expect that the company will post earnings of ($0.91) per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover Talend.
Talend (NASDAQ:TLND) last released its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.27) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by $0.05. Talend had a negative return on equity of 159.94% and a negative net margin of 20.62%. The business had revenue of $35.80 million during the quarter, compared to the consensus estimate of $35.33 million. During the same quarter in the previous year, the business posted ($1.84) earnings per share. The firm’s revenue was up 40.9% on a year-over-year basis.
TLND has been the topic of several recent research reports. Barclays PLC upped their price objective on shares of Talend from $43.00 to $44.00 and gave the company an “overweight” rating in a report on Friday, August 4th. Zacks Investment Research downgraded shares of Talend from a “hold” rating to a “sell” rating in a report on Wednesday, May 17th. BTIG Research reissued a “buy” rating and set a $45.00 price target (up from $35.00) on shares of Talend in a report on Thursday, July 13th. Citigroup Inc. reissued a “buy” rating and set a $40.00 price target (up from $39.00) on shares of Talend in a report on Monday, May 15th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $37.00 price target (up from $30.00) on shares of Talend in a report on Monday, May 15th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $36.43.
Institutional investors have recently bought and sold shares of the company. TimesSquare Capital Management LLC bought a new position in Talend during the first quarter worth $36,064,000. Hunt Lane Capital LP bought a new position in Talend during the second quarter worth $31,302,000. Summit Partners Public Asset Management LLC boosted its position in Talend by 260.8% in the second quarter. Summit Partners Public Asset Management LLC now owns 530,903 shares of the technology company’s stock worth $18,465,000 after buying an additional 383,760 shares in the last quarter. Next Century Growth Investors LLC boosted its position in Talend by 58.0% in the first quarter. Next Century Growth Investors LLC now owns 456,403 shares of the technology company’s stock worth $13,591,000 after buying an additional 167,622 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in Talend by 37.9% in the first quarter. Wells Fargo & Company MN now owns 556,760 shares of the technology company’s stock worth $16,580,000 after buying an additional 153,160 shares in the last quarter. Institutional investors own 36.22% of the company’s stock.
Talend (NASDAQ:TLND) traded up 0.13% on Friday, reaching $38.80. 5,904 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $37.65 and a 200 day moving average price of $32.02. Talend has a 12-month low of $21.02 and a 12-month high of $39.98. The stock’s market cap is $1.09 billion.
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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