Share on StockTwits

Tibco Software (NASDAQ:TIBX) will be posting its Q214 quarterly earnings results on Thursday, June 19th. Analysts expect Tibco Software to post earnings of $0.14 per share and revenue of $252.33 million for the quarter. Tibco Software has set its Q2 guidance at $0.20-0.22 EPS.

Tibco Software (NASDAQ:TIBX) last issued its quarterly earnings data on Thursday, March 20th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.01. The company had revenue of $253.00 million for the quarter, compared to the consensus estimate of $250.56 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. On average, analysts expect Tibco Software to post $0.96 EPS for the current fiscal year and $1.17 EPS for the next fiscal year.

Tibco Software (NASDAQ:TIBX) opened at 21.06 on Wednesday. Tibco Software has a 52-week low of $18.20 and a 52-week high of $27.15. The stock’s 50-day moving average is $19.99 and its 200-day moving average is $21.25. The company has a market cap of $3.418 billion and a P/E ratio of 40.84.

TIBX has been the subject of a number of recent research reports. Analysts at Barclays reiterated an “underweight” rating on shares of Tibco Software in a research note on Monday. They now have a $22.00 price target on the stock, down previously from $24.00. On the ratings front, analysts at Hilliard Lyons downgraded shares of Tibco Software from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 4th. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Tibco Software in a research note on Wednesday, June 4th. They now have a $17.00 price target on the stock, down previously from $20.00. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $24.79.

TIBCO Software Inc (NASDAQ:TIBX) is a provider of middleware and infrastructure software.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.