Wall Street analysts predict that Tableau Software Inc (NYSE:DATA) will announce earnings per share (EPS) of $0.30 for the current fiscal quarter, according to Zacks Investment Research. Eleven analysts have provided estimates for Tableau Software’s earnings, with the lowest EPS estimate coming in at $0.27 and the highest estimate coming in at $0.41. The business is scheduled to announce its next quarterly earnings report on Thursday, August 1st.

On average, analysts expect that Tableau Software will report full year earnings of $1.71 per share for the current year, with EPS estimates ranging from $1.59 to $1.85. For the next financial year, analysts expect that the firm will post earnings of $2.24 per share, with EPS estimates ranging from $1.91 to $3.38. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Tableau Software.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Thursday, May 2nd. The software company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.58) by $0.60. Tableau Software had a negative net margin of 27.58% and a negative return on equity of 25.93%. The business had revenue of $282.50 million during the quarter, compared to analysts’ expectations of $287.24 million. During the same quarter in the previous year, the company earned $0.07 EPS. The business’s revenue was up 14.7% on a year-over-year basis.

Several equities analysts have commented on DATA shares. ValuEngine raised shares of Tableau Software from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 1st. BMO Capital Markets decreased their target price on shares of Tableau Software from $145.00 to $140.00 and set a “market perform” rating on the stock in a report on Tuesday, April 23rd. Needham & Company LLC lowered shares of Tableau Software from a “buy” rating to a “hold” rating in a report on Monday. Bank of America reissued a “buy” rating and issued a $160.00 target price (up from $152.00) on shares of Tableau Software in a report on Friday, May 3rd. Finally, KeyCorp reissued a “buy” rating and issued a $158.00 target price on shares of Tableau Software in a report on Friday, May 3rd. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Tableau Software currently has a consensus rating of “Hold” and an average target price of $141.29.

DATA stock traded down $2.13 during mid-day trading on Friday, hitting $163.25. The stock had a trading volume of 2,535,138 shares, compared to its average volume of 1,423,171. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 0.25. Tableau Software has a 52 week low of $92.01 and a 52 week high of $173.37. The firm has a market cap of $14.20 billion, a P/E ratio of -51.18 and a beta of 1.19.

In related news, insider Adam Selipsky sold 11,828 shares of Tableau Software stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $122.08, for a total transaction of $1,443,962.24. Following the sale, the insider now directly owns 239,813 shares in the company, valued at approximately $29,276,371.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Damon A. Fletcher sold 3,101 shares of Tableau Software stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $121.06, for a total transaction of $375,407.06. Following the sale, the chief financial officer now owns 48,955 shares in the company, valued at $5,926,492.30. The disclosure for this sale can be found here. Insiders have sold a total of 57,781 shares of company stock worth $6,962,045 over the last ninety days. 12.58% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of the stock. Meridian Wealth Management LLC acquired a new stake in Tableau Software during the 1st quarter worth approximately $399,000. Marshall Wace North America L.P. acquired a new stake in Tableau Software during the 1st quarter worth approximately $1,510,000. Clearbridge Investments LLC boosted its position in Tableau Software by 4.0% during the 1st quarter. Clearbridge Investments LLC now owns 481,491 shares of the software company’s stock worth $61,284,000 after buying an additional 18,321 shares during the period. Cerebellum GP LLC boosted its position in Tableau Software by 20.2% during the 1st quarter. Cerebellum GP LLC now owns 2,568 shares of the software company’s stock worth $327,000 after buying an additional 432 shares during the period. Finally, Nordea Investment Management AB boosted its position in Tableau Software by 159,420.0% during the 1st quarter. Nordea Investment Management AB now owns 23,928 shares of the software company’s stock worth $3,046,000 after buying an additional 23,913 shares during the period. Institutional investors and hedge funds own 88.66% of the company’s stock.

About Tableau Software

Tableau Software, Inc, together with its subsidiaries, provides business analytics software products. It offers Tableau Desktop, a self-service, powerful analytics product with data; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service version of Tableau Server; Tableau Prep, a data preparation product for combining, shaping, and cleaning data; and Tableau Public, a cloud-based platform for analyzing and sharing public data.

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Earnings History and Estimates for Tableau Software (NYSE:DATA)

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