Equities analysts expect Talend S.A. (NASDAQ:TLND) to report $77.86 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Talend’s earnings. The highest sales estimate is $77.90 million and the lowest is $77.81 million. Talend posted sales of $68.12 million in the same quarter last year, which suggests a positive year over year growth rate of 14.3%. The business is scheduled to issue its next quarterly earnings report on Wednesday, May 5th.
According to Zacks, analysts expect that Talend will report full year sales of $327.95 million for the current fiscal year, with estimates ranging from $327.90 million to $328.00 million. For the next fiscal year, analysts expect that the business will report sales of $375.60 million, with estimates ranging from $374.80 million to $376.40 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that cover Talend.
Talend (NASDAQ:TLND) last issued its earnings results on Wednesday, February 10th. The technology company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.20. Talend had a negative net margin of 26.20% and a negative return on equity of 72.44%. The company had revenue of $78.90 million for the quarter, compared to analyst estimates of $74.87 million. During the same period in the prior year, the business posted ($0.07) earnings per share. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year.
Several research analysts have weighed in on TLND shares. Needham & Company LLC restated a “hold” rating on shares of Talend in a research report on Wednesday, March 17th. Zacks Investment Research upgraded shares of Talend from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a research report on Tuesday, January 5th. Barclays increased their price target on shares of Talend from $52.00 to $66.00 and gave the company an “overweight” rating in a research report on Thursday, February 11th. Craig Hallum increased their price target on shares of Talend from $55.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, February 11th. Finally, Citigroup increased their price target on shares of Talend from $60.00 to $72.00 in a research report on Thursday, February 11th. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $58.88.
TLND traded up $0.16 on Monday, hitting $64.50. 8,720 shares of the company were exchanged, compared to its average volume of 527,874. The company has a debt-to-equity ratio of 9.07, a quick ratio of 1.40 and a current ratio of 1.40. The business’s fifty day moving average is $59.03 and its 200 day moving average is $45.58. Talend has a fifty-two week low of $21.75 and a fifty-two week high of $65.90. The firm has a market capitalization of $2.09 billion, a P/E ratio of -28.10 and a beta of 0.84.
In related news, CFO Adam Meister sold 3,977 shares of the firm’s stock in a transaction that occurred on Wednesday, February 3rd. The shares were sold at an average price of $50.00, for a total transaction of $198,850.00. Following the sale, the chief financial officer now owns 204,379 shares in the company, valued at $10,218,950. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders have sold 19,833 shares of company stock worth $1,175,650. 4.90% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Oder Investment Management LLC acquired a new stake in Talend during the fourth quarter worth approximately $32,000. CWM LLC boosted its position in Talend by 522.9% during the fourth quarter. CWM LLC now owns 1,769 shares of the technology company’s stock worth $68,000 after acquiring an additional 1,485 shares during the last quarter. Exchange Traded Concepts LLC boosted its position in Talend by 172.9% during the fourth quarter. Exchange Traded Concepts LLC now owns 5,112 shares of the technology company’s stock worth $196,000 after acquiring an additional 3,239 shares during the last quarter. Paloma Partners Management Co acquired a new stake in Talend during the third quarter worth approximately $215,000. Finally, LPL Financial LLC purchased a new position in Talend during the fourth quarter worth approximately $267,000. Hedge funds and other institutional investors own 86.62% of the company’s stock.
Talend SA provides data integration and integrity solutions for 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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