Brokerages predict that Tufin Software Technologies Ltd (NYSE:TUFN) will post earnings of ($0.18) per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have made estimates for Tufin Software Technologies’ earnings, with the highest EPS estimate coming in at ($0.15) and the lowest estimate coming in at ($0.18). The business is expected to issue its next earnings report on Tuesday, December 3rd.

On average, analysts expect that Tufin Software Technologies will report full-year earnings of ($0.44) per share for the current year, with EPS estimates ranging from ($0.49) to ($0.38). For the next fiscal year, analysts anticipate that the firm will post earnings of ($0.38) per share, with EPS estimates ranging from ($0.45) to ($0.27). Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow Tufin Software Technologies.

Tufin Software Technologies (NYSE:TUFN) last issued its earnings results on Tuesday, September 3rd. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.06. The firm had revenue of $25.10 million during the quarter, compared to the consensus estimate of $23.99 million. The business’s revenue was up 35.7% compared to the same quarter last year.

TUFN has been the topic of a number of research reports. Barclays restated a “buy” rating and issued a $34.00 price objective on shares of Tufin Software Technologies in a research note on Thursday, July 18th. Zacks Investment Research upgraded shares of Tufin Software Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, August 6th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Tufin Software Technologies presently has a consensus rating of “Buy” and a consensus target price of $29.57.

Large investors have recently added to or reduced their stakes in the stock. Optimus Prime Fund Management Co. Ltd. purchased a new stake in Tufin Software Technologies during the 2nd quarter worth about $26,000. Tower Research Capital LLC TRC bought a new stake in shares of Tufin Software Technologies during the second quarter valued at about $44,000. Wells Fargo & Company MN bought a new stake in shares of Tufin Software Technologies during the second quarter valued at about $176,000. BlackRock Inc. purchased a new stake in shares of Tufin Software Technologies in the second quarter worth about $180,000. Finally, Morgan Stanley purchased a new stake in shares of Tufin Software Technologies in the second quarter worth about $213,000. Institutional investors own 26.15% of the company’s stock.

Shares of TUFN stock traded up $0.73 on Friday, hitting $17.97. 14,071 shares of the stock were exchanged, compared to its average volume of 297,477. The firm has a 50 day moving average price of $18.66. Tufin Software Technologies has a one year low of $15.15 and a one year high of $31.04.

Tufin Software Technologies Company Profile

Tufin Ltd. provides security policy management solutions. It offers Orchestration Suite, a solution for automatically designing, provisioning, analyzing, and auditing network security changes from the application layer down to the network layer; SecureTrack, a management platform for firewalls, routers, load-balancers, and additional network devices; SecureChange, a solution for automating firewall and router configuration changes across complex networks; SecureApp, a solution that enables organizations to manage network connectivity and security policies; and Tufin Iris, a cloud-native solution that enables cloud operations and IT security teams to gain visibility and control of security policies for cloud-based applications.

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Earnings History and Estimates for Tufin Software Technologies (NYSE:TUFN)

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