-$0.19 EPS Expected for Talend S.A. (TLND) This Quarter
Equities analysts predict that Talend S.A. (NASDAQ:TLND) will announce earnings of ($0.19) per share for the current quarter, Zacks reports. Three analysts have issued estimates for Talend’s earnings. The highest EPS estimate is ($0.18) and the lowest is ($0.20). Talend posted earnings of ($0.20) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 5%. The firm is expected to report its next quarterly earnings results after the market closes on Thursday, November 9th.
According to Zacks, analysts expect that Talend will report full-year earnings of ($0.80) per share for the current financial year, with EPS estimates ranging from ($0.81) to ($0.78). For the next year, analysts anticipate that the business will post earnings of ($0.52) per share, with EPS estimates ranging from ($0.61) to ($0.39). Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Talend.
Talend (NASDAQ:TLND) last announced its quarterly earnings results on Thursday, August 3rd. The technology company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.05). Talend had a negative return on equity of 159.94% and a negative net margin of 20.62%. The business had revenue of $35.80 million during the quarter, compared to the consensus estimate of $35.33 million. During the same quarter in the prior year, the firm posted ($1.84) EPS. The company’s revenue for the quarter was up 40.9% on a year-over-year basis.
TLND has been the subject of a number of recent analyst reports. Zacks Investment Research raised shares of Talend from a “sell” rating to a “hold” rating in a research note on Tuesday, August 15th. BTIG Research reiterated a “buy” rating and issued a $45.00 target price (up from $35.00) on shares of Talend in a report on Thursday, July 13th. KeyCorp reiterated a “buy” rating and issued a $44.00 target price on shares of Talend in a report on Friday, September 22nd. Barclays PLC reiterated a “buy” rating on shares of Talend in a report on Wednesday, July 19th. Finally, ValuEngine upgraded shares of Talend from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $42.00.
Institutional investors and hedge funds have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Talend during the 2nd quarter worth about $354,000. TimesSquare Capital Management LLC increased its position in Talend by 11.4% during the second quarter. TimesSquare Capital Management LLC now owns 1,348,600 shares of the technology company’s stock worth $46,904,000 after buying an additional 137,600 shares during the period. JPMorgan Chase & Co. acquired a new position in Talend during the first quarter worth approximately $101,000. Point72 Asset Management L.P. increased its holdings in shares of Talend by 64.8% in the first quarter. Point72 Asset Management L.P. now owns 52,900 shares of the technology company’s stock valued at $1,575,000 after purchasing an additional 20,800 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of Talend by 169.0% in the first quarter. Bank of America Corp DE now owns 11,369 shares of the technology company’s stock valued at $339,000 after buying an additional 7,142 shares in the last quarter. Institutional investors and hedge funds own 42.53% of the company’s stock.
Talend (TLND) traded up $1.37 during midday trading on Wednesday, reaching $44.03. 306,485 shares of the company’s stock traded hands, compared to its average volume of 71,479. Talend has a 52 week low of $21.02 and a 52 week high of $42.89.
Talend Company Profile
Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager.
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