Shares of Talend SA (NASDAQ:TLND) have been given an average rating of “Hold” by the ten research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $55.43.
Several research analysts have commented on TLND shares. ValuEngine cut shares of Talend from a “buy” rating to a “hold” rating in a report on Monday, September 30th. Citigroup set a $52.00 target price on shares of Talend and gave the stock a “buy” rating in a report on Friday, July 26th. Zacks Investment Research upgraded shares of Talend from a “sell” rating to a “hold” rating in a report on Thursday, August 22nd. Finally, KeyCorp set a $54.00 target price on shares of Talend and gave the stock a “buy” rating in a report on Wednesday, August 7th.
Shares of TLND opened at $35.89 on Monday. Talend has a one year low of $31.14 and a one year high of $65.25. The company has a 50-day moving average of $37.18 and a two-hundred day moving average of $41.37. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of -29.42 and a beta of -0.16. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.59 and a quick ratio of 0.59.
Talend (NASDAQ:TLND) last announced its earnings results on Wednesday, August 7th. The technology company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($0.46) by $0.25. Talend had a negative net margin of 25.39% and a negative return on equity of 249.51%. The company had revenue of $60.59 million during the quarter, compared to analysts’ expectations of $59.33 million. During the same period last year, the company posted ($0.12) earnings per share. The business’s revenue for the quarter was up 21.8% on a year-over-year basis.
In other news, COO Laurent Bride sold 1,385 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $39.30, for a total value of $54,430.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.30% of the stock is owned by corporate insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of TLND. Aperio Group LLC purchased a new stake in shares of Talend in the second quarter worth approximately $62,000. Cubist Systematic Strategies LLC lifted its position in shares of Talend by 174.5% in the second quarter. Cubist Systematic Strategies LLC now owns 2,663 shares of the technology company’s stock worth $103,000 after purchasing an additional 1,693 shares in the last quarter. NumerixS Investment Technologies Inc purchased a new stake in shares of Talend in the second quarter worth approximately $127,000. Voloridge Investment Management LLC purchased a new stake in shares of Talend in the second quarter worth approximately $244,000. Finally, Avitas Wealth Management LLC purchased a new stake in shares of Talend in the third quarter worth approximately $366,000. 82.14% of the stock is owned by institutional investors and hedge funds.
Talend Company Profile
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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