Media coverage about Tableau Software (NYSE:DATA) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tableau Software earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned media coverage about the software company an impact score of 42.2612661577228 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern’s scoring:
- Forging into the Technicals on Tableau Software, Inc. (NYSE:DATA) as PI Reaches 1.12846 – Clawson News (clawsonnews.com)
- Is Microsoft Corporation Heading for a Trillion-Dollar Market Cap? – Investorplace.com (investorplace.com)
- Robbins Arroyo LLP Is Investigating the Officers and Directors of Tableau Software, Inc. (DATA) on Behalf of Shareholders (markets.financialcontent.com)
- $0.03 Earnings Per Share Expected for Tableau Software, Inc. (DATA) This Quarter (americanbankingnews.com)
A number of equities research analysts have recently commented on DATA shares. Zacks Investment Research cut Tableau Software from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. BidaskClub raised Tableau Software from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 26th. Moffett Nathanson began coverage on Tableau Software in a research report on Wednesday, September 6th. They set a “neutral” rating and a $76.00 price objective on the stock. Oppenheimer reaffirmed a “hold” rating on shares of Tableau Software in a research report on Wednesday, September 13th. Finally, KeyCorp reaffirmed a “buy” rating and set a $85.00 price objective (up from $75.00) on shares of Tableau Software in a research report on Thursday, September 21st. Two investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $72.11.
Tableau Software (NYSE:DATA) last posted its earnings results on Thursday, November 2nd. The software company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.07. Tableau Software had a negative return on equity of 20.89% and a negative net margin of 18.76%. The company had revenue of $214.90 million for the quarter, compared to the consensus estimate of $219.43 million. During the same quarter in the prior year, the company earned $0.16 earnings per share. Tableau Software’s revenue was up 4.3% on a year-over-year basis. equities research analysts forecast that Tableau Software will post -1.63 EPS for the current year.
In other news, insider Christian Chabot sold 450,000 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $70.49, for a total value of $31,720,500.00. Following the transaction, the insider now owns 231,820 shares of the company’s stock, valued at $16,340,991.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Thomas E. Walker, Jr. sold 5,000 shares of the firm’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $71.39, for a total value of $356,950.00. Following the completion of the transaction, the chief financial officer now directly owns 137,478 shares in the company, valued at approximately $9,814,554.42. The disclosure for this sale can be found here. In the last three months, insiders sold 692,286 shares of company stock worth $48,819,636. 28.98% of the stock is owned by corporate insiders.
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Tableau Software Company Profile
Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.
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