Analysts forecast that Talend SA (NASDAQ:TLND) will report earnings per share (EPS) of ($0.30) for the current quarter, Zacks reports. Three analysts have issued estimates for Talend’s earnings, with estimates ranging from ($0.31) to ($0.30). Talend reported earnings per share of ($0.18) in the same quarter last year, which would suggest a negative year-over-year growth rate of 66.7%. The company is scheduled to issue its next earnings results after the market closes on Wednesday, May 8th.
On average, analysts expect that Talend will report full year earnings of ($0.90) per share for the current year, with EPS estimates ranging from ($0.92) to ($0.89). For the next financial year, analysts forecast that the company will report earnings of ($0.65) per share, with EPS estimates ranging from ($0.93) to ($0.50). Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Talend.
Talend (NASDAQ:TLND) last posted its earnings results on Wednesday, May 8th. The technology company reported ($0.32) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.39) by $0.07. Talend had a negative return on equity of 123.26% and a negative net margin of 19.75%. The company had revenue of $57.84 million during the quarter, compared to the consensus estimate of $56.59 million. During the same quarter last year, the firm earned ($0.18) earnings per share. The company’s revenue was up 23.6% on a year-over-year basis.
A number of research firms have recently weighed in on TLND. KeyCorp reissued a “buy” rating and set a $65.00 target price on shares of Talend in a report on Wednesday. ValuEngine
downgraded Talend from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub downgraded Talend from a “hold” rating to a “sell” rating in a research note on Tuesday, April 30th. BTIG Research boosted their price target on Talend to $62.00 and gave the company a “buy” rating in a research note on Monday, March 25th. They noted that the move was a valuation call. Finally, Zacks Investment Research
downgraded Talend from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Talend has an average rating of “Hold” and a consensus price target of $64.83.
In related news, COO Laurent Bride sold 2,397 shares of the business’s stock in a transaction dated Friday, February 15th. The stock was sold at an average price of $46.00, for a total value of $110,262.00. Following the completion of the transaction, the chief operating officer now owns 138,626 shares of the company’s stock, valued at $6,376,796. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
A number of hedge funds have recently bought and sold shares of the stock. FMR LLC raised its stake in Talend by 50.2% in the fourth quarter. FMR LLC now owns 2,501,189 shares of the technology company’s stock valued at $92,744,000 after purchasing an additional 835,482 shares in the last quarter. Bank of New York Mellon Corp grew its position in Talend by 12.9% in the fourth quarter. Bank of New York Mellon Corp now owns 2,330,624 shares of the technology company’s stock valued at $86,420,000 after acquiring an additional 267,076 shares during the last quarter. Praesidium Investment Management Company LLC grew its position in Talend by 51.7% in the fourth quarter. Praesidium Investment Management Company LLC now owns 1,464,776 shares of the technology company’s stock valued at $54,314,000 after acquiring an additional 498,916 shares during the last quarter. Crosslink Capital Inc. grew its position in Talend by 44.9% in the fourth quarter. Crosslink Capital Inc. now owns 652,064 shares of the technology company’s stock valued at $24,179,000 after acquiring an additional 202,130 shares during the last quarter. Finally, Vista Equity Partners Management LLC grew its position in Talend by 147.6% in the fourth quarter. Vista Equity Partners Management LLC now owns 625,579 shares of the technology company’s stock valued at $23,196,000 after acquiring an additional 372,916 shares during the last quarter. 79.90% of the stock is owned by institutional investors and hedge funds.
Shares of TLND traded up $0.87 during midday trading on Thursday, reaching $49.10. 377,025 shares of the stock were exchanged, compared to its average volume of 403,176. Talend has a twelve month low of $31.35 and a twelve month high of $73.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.72 and a current ratio of 0.72. The company has a market capitalization of $1.43 billion, a P/E ratio of -40.25 and a beta of 0.20.
Talend Company Profile
Talend SA provides software platform to address IT integration needs in various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.
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