Tableau Software (DATA) Posts Quarterly Results
Tableau Software (NYSE:DATA) issued its quarterly earnings data on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.17, Analyst Ratings.Net reports. The company had revenue of $61.10 million for the quarter, compared to the consensus estimate of $50.93 million. The company’s quarterly revenue was up 90.3% on a year-over-year basis.
A number of analysts have recently weighed in on DATA shares. Analysts at Susquehanna raised their price target on shares of Tableau Software from $62.00 to $72.00 in a research note to investors on Tuesday, October 29th. They now have a “neutral” rating on the stock. On the ratings front, analysts at JPMorgan Chase & Co. raised their price target on shares of Tableau Software from $60.00 to $68.00 in a research note to investors on Tuesday, October 29th. They now have a “neutral” rating on the stock. Finally, analysts at FBN Securities initiated coverage on shares of Tableau Software in a research note to investors on Thursday, September 26th. They set an “outperform” rating and a $85.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $65.11.
Tableau Software (NYSE:DATA) traded down 0.40% on Monday, hitting $59.28. The stock had a trading volume of 828,151 shares. Tableau Software has a 1-year low of $44.00 and a 1-year high of $77.74. The stock has a 50-day moving average of $68.24 and a 200-day moving average of $61.93. The company’s market cap is $3.507 billion.
Tableau Software, Inc is a computer software company. The Company’s products are used by people across all kinds of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits.
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