Talend SA (NASDAQ:TLND) has been given an average rating of “Hold” by the ten analysts that are covering the company, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $61.14.
A number of research analysts have recently issued reports on TLND shares. KeyCorp reiterated a “buy” rating and set a $65.00 price target on shares of Talend in a research note on Wednesday, May 8th. BTIG Research boosted their price target on shares of Talend to $62.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. They noted that the move was a valuation call. ValuEngine upgraded shares of Talend from a “hold” rating to a “buy” rating in a research note on Monday, March 11th. BidaskClub upgraded shares of Talend from a “sell” rating to a “hold” rating in a research note on Friday, March 1st. Finally, Goldman Sachs Group started coverage on shares of Talend in a research note on Friday, June 7th. They set a “sell” rating and a $39.00 price target on the stock.
In related news, COO Laurent Bride sold 3,483 shares of the business’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $47.92, for a total transaction of $166,905.36. Following the sale, the chief operating officer now owns 174,819 shares of the company’s stock, valued at $8,377,326.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.30% of the stock is currently owned by insiders.
Hedge funds have recently added to or reduced their stakes in the stock. Quantamental Technologies LLC purchased a new stake in Talend during the first quarter worth about $31,000. Barclays PLC lifted its holdings in shares of Talend by 472.7% in the fourth quarter. Barclays PLC now owns 945 shares of the technology company’s stock valued at $35,000 after purchasing an additional 780 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in shares of Talend by 63.7% in the fourth quarter. Penserra Capital Management LLC now owns 1,182 shares of the technology company’s stock valued at $43,000 after purchasing an additional 460 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of Talend by 126.4% in the fourth quarter. AdvisorNet Financial Inc now owns 4,335 shares of the technology company’s stock valued at $161,000 after purchasing an additional 2,420 shares in the last quarter. Finally, Prescott Group Capital Management L.L.C. purchased a new stake in shares of Talend in the fourth quarter valued at about $260,000. 80.20% of the stock is currently owned by hedge funds and other institutional investors.
NASDAQ TLND traded down $0.48 during trading on Tuesday, reaching $37.57. The company’s stock had a trading volume of 210,779 shares, compared to its average volume of 358,770. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of -30.80 and a beta of 0.34. Talend has a twelve month low of $31.35 and a twelve month high of $73.52. The business’s fifty day moving average is $44.69.
Talend (NASDAQ:TLND) last posted its quarterly earnings data on Wednesday, May 8th. The technology company reported ($0.32) EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.07. The company had revenue of $57.84 million for the quarter, compared to analyst estimates of $56.59 million. Talend had a negative net margin of 22.24% and a negative return on equity of 168.43%. Talend’s quarterly revenue was up 23.6% on a year-over-year basis. During the same period in the previous year, the business posted ($0.18) earnings per share. On average, equities analysts predict that Talend will post -1.72 earnings per share for the current fiscal year.
Talend SA provides software platform to address IT integration needs in 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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