Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Tableau Software (DATA) Share Price

News stories about Tableau Software (NYSE:DATA) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tableau Software earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the software company an impact score of 46.6971262432405 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Several brokerages have weighed in on DATA. Robert W. Baird reissued a “hold” rating and set a $76.00 price objective on shares of Tableau Software in a report on Sunday, November 19th. Royal Bank of Canada reissued a “hold” rating and set a $75.00 price objective on shares of Tableau Software in a report on Wednesday, November 15th. UBS Group reissued a “buy” rating and set a $101.00 price objective (up from $74.00) on shares of Tableau Software in a report on Thursday, November 9th. BidaskClub lowered Tableau Software from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 7th. Finally, Zacks Investment Research lowered Tableau Software from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $72.11.

Tableau Software (NYSE DATA) traded down $1.16 during trading hours on Friday, reaching $69.20. The company had a trading volume of 518,149 shares, compared to its average volume of 529,667. The company has a market capitalization of $5,610.65, a price-to-earnings ratio of -32.64 and a beta of 0.82. Tableau Software has a 12 month low of $41.41 and a 12 month high of $82.32.

Tableau Software (NYSE:DATA) last posted its quarterly earnings data on Thursday, November 2nd. The software company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.07. The company had revenue of $214.90 million during the quarter, compared to analyst estimates of $219.43 million. Tableau Software had a negative return on equity of 20.89% and a negative net margin of 18.76%. The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company earned $0.16 earnings per share. research analysts anticipate that Tableau Software will post -1.63 EPS for the current year.

In other Tableau Software 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 transaction of $31,720,500.00. Following the sale, the insider now owns 231,820 shares in the company, valued at $16,340,991.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Elissa Fink sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $70.69, for a total value of $706,900.00. Following the sale, the chief marketing officer now owns 78,943 shares in the company, valued at approximately $5,580,480.67. The disclosure for this sale can be found here. Insiders have sold 692,286 shares of company stock valued at $48,819,636 in the last three months. 28.98% of the stock is owned by corporate insiders.

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About Tableau Software

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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