Tableau Software (DATA) Announces Quarterly Earnings Results
Tableau Software (NYSE:DATA) released its earnings data on Tuesday. The company reported $0.20 earnings per share (EPS) for the quarter, Stock Ratings News reports. The company had revenue of $81.50 million for the quarter, compared to the consensus estimate of $67.04 million. During the same quarter in the previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter was up 95.0% on a year-over-year basis.
Shares of Tableau Software (NYSE:DATA) traded up 0.58% during mid-day trading on Tuesday, hitting $79.41. 1,810,815 shares of the company’s stock traded hands. Tableau Software has a 52-week low of $44.00 and a 52-week high of $82.33. The stock’s 50-day moving average is $71.13 and its 200-day moving average is $66.95. The company’s market cap is $4.697 billion.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs Group Inc. upgraded shares of Tableau Software from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, January 29th. They now have a $92.00 price target on the stock, up previously from $77.00. On a related note, analysts at Deutsche Bank initiated coverage on shares of Tableau Software in a research note to investors on Wednesday, January 22nd. They set a “buy” rating and a $85.00 price target on the stock. Finally, analysts at Atlantic Securities initiated coverage on shares of Tableau Software in a research note to investors on Monday, January 13th. They set a “neutral” rating on the stock. Thirteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $72.81.
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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