Analysts expect Tableau Software Inc (NYSE:DATA) to post earnings of ($0.18) per share for the current fiscal quarter, according to Zacks. Ten analysts have issued estimates for Tableau Software’s earnings. The lowest EPS estimate is ($0.23) and the highest is ($0.11). Tableau Software reported earnings of ($0.03) per share during the same quarter last year, which indicates a negative year-over-year growth rate of 500%. The business is scheduled to announce its next quarterly earnings results after the market closes on Wednesday, May 2nd.
According to Zacks, analysts expect that Tableau Software will report full-year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from ($0.05) to $0.19. For the next financial year, analysts expect that the firm will post earnings of $0.43 per share, with EPS estimates ranging from $0.09 to $0.74. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Tableau Software.
Tableau Software (NYSE:DATA) last announced its quarterly earnings results on Thursday, February 1st. The software company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.09. Tableau Software had a negative net margin of 21.16% and a negative return on equity of 23.84%. The company had revenue of $249.40 million during the quarter, compared to analyst estimates of $240.63 million. During the same quarter in the previous year, the business earned $0.26 EPS. The firm’s revenue was down .5% on a year-over-year basis.
Several brokerages have recently issued reports on DATA. Raymond James Financial began coverage on shares of Tableau Software in a report on Wednesday, January 17th. They issued a “market perform” rating for the company. Needham & Company LLC boosted their price target on shares of Tableau Software to $113.00 and gave the company a “buy” rating in a report on Friday, February 2nd. UBS set a $108.00 price target on shares of Tableau Software and gave the company a “buy” rating in a report on Wednesday, February 14th. Zacks Investment Research lowered shares of Tableau Software from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $95.00 price target on shares of Tableau Software in a report on Friday, February 2nd. Eighteen research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $82.92.
Shares of DATA stock traded up $3.28 on Thursday, hitting $84.46. The stock had a trading volume of 1,314,428 shares, compared to its average volume of 865,063. Tableau Software has a twelve month low of $50.81 and a twelve month high of $87.60. The firm has a market capitalization of $6,516.28, a price-to-earnings ratio of -36.09 and a beta of 0.79.
In other Tableau Software news, insider Elissa Fink sold 2,500 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $76.59, for a total transaction of $191,475.00. Following the sale, the insider now directly owns 69,844 shares of the company’s stock, valued at approximately $5,349,351.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director A Brooke Seawell sold 2,010 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $83.29, for a total transaction of $167,412.90. Following the sale, the director now directly owns 1,781 shares in the company, valued at $148,339.49. The disclosure for this sale can be found here. Insiders have sold a total of 933,719 shares of company stock worth $73,445,439 over the last three months. Insiders own 24.76% of the company’s stock.
A number of large investors have recently modified their holdings of DATA. Steward Partners Investment Advisory LLC lifted its position in Tableau Software by 871.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,486 shares of the software company’s stock worth $102,000 after buying an additional 1,333 shares in the last quarter. American International Group Inc. bought a new stake in Tableau Software during the 4th quarter worth about $105,000. The Manufacturers Life Insurance Company lifted its position in Tableau Software by 7.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after buying an additional 167 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Tableau Software by 50.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,160 shares of the software company’s stock valued at $219,000 after purchasing an additional 1,055 shares during the period. Finally, Telemus Capital LLC bought a new stake in shares of Tableau Software in the 4th quarter valued at about $229,000. 83.12% of the stock is currently owned by hedge funds and other institutional investors.
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About Tableau Software
Tableau Software, Inc provides business analytics software products. It offers Tableau Desktop, an analytics product that empowers people to access and analyze data; and Tableau Server, a business intelligence platform with data management and scalability to foster sharing of analytics, as well as to enhance the dissemination of information in an organization and promote decision-making.
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