Tableau Software (DATA) Scheduled to Post Earnings on Monday
Tableau Software (NYSE:DATA) will release its Q114 earnings data on Monday, May 5th. Analysts expect Tableau Software to post earnings of ($0.11) per share and revenue of $63.04 million for the quarter.
Tableau Software (NYSE:DATA) last announced its earnings results on Tuesday, February 4th. The company reported $0.20 earnings per share for the quarter. The company had revenue of $81.50 million for the quarter, compared to the consensus estimate of $67.04 million. During the same quarter last year, the company posted $0.04 earnings per share. Tableau Software’s revenue was up 95.0% compared to the same quarter last year. On average, analysts expect Tableau Software to post $-0.22 EPS for the current fiscal year and $0.04 EPS for the next fiscal year.
Shares of Tableau Software (NYSE:DATA) opened at 58.32 on Friday. Tableau Software has a one year low of $44.00 and a one year high of $102.37. The stock’s 50-day moving average is $71.80 and its 200-day moving average is $73.44. The company has a market cap of $3.549 billion and a price-to-earnings ratio of 460.58. Tableau Software also was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,241,272 shares, an increase of 47.5% from the March 31st total of 1,519,945 shares. Based on an average daily trading volume, of 2,035,587 shares, the short-interest ratio is presently 1.1 days. Currently, 6.1% of the company’s shares are sold short.
A number of analysts have recently weighed in on DATA shares. Analysts at Mizuho cut their price target on shares of Tableau Software from $80.00 to $60.00 in a research note on Thursday. They now have a “neutral” rating on the stock. On the ratings front, analysts at Robert W. Baird reiterated an “outperform” rating on shares of Tableau Software in a research note on Wednesday, April 16th. They now have a $85.00 price target on the stock, down previously from $95.00. Finally, analysts at Summit Research reiterated a “hold” rating on shares of Tableau Software in a research note on Thursday, April 10th. They now have a $75.00 price target on the stock. Twelve analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $85.53.
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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