Talend SA to Post Q3 2016 Earnings of ($0.27) Per Share, William Blair Forecasts (TLND)
Talend SA (NASDAQ:TLND) – Equities researchers at William Blair decreased their Q3 2016 earnings per share (EPS) estimates for shares of Talend SA in a report released on Monday. William Blair analyst B. Suri now anticipates that the brokerage will post earnings per share of ($0.27) for the quarter, down from their previous estimate of ($0.26). William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Talend SA’s Q4 2016 earnings at ($0.21) EPS, FY2016 earnings at ($1.00) EPS and FY2017 earnings at ($0.48) EPS.
Several other research firms also recently weighed in on TLND. Citigroup Inc. dropped their target price on shares of Talend SA from $32.00 to $30.00 and set a “neutral” rating for the company in a research report on Monday, August 29th. JPMorgan Chase & Co. initiated coverage on shares of Talend SA in a research report on Tuesday, August 23rd. They issued a “neutral” rating and a $30.00 target price for the company. Barclays PLC initiated coverage on shares of Talend SA in a research report on Tuesday, August 23rd. They issued an “equal weight” rating and a $28.00 target price for the company. Finally, Goldman Sachs Group Inc. started coverage on shares of Talend SA in a research report on Tuesday, August 23rd. They issued a “neutral” rating and a $31.00 target price for the company. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $29.75.
Shares of Talend SA (NASDAQ:TLND) traded down 0.28% during midday trading on Wednesday, reaching $25.03. 158,549 shares of the company were exchanged. Talend SA has a 52-week low of $24.70 and a 52-week high of $34.49. The stock’s market capitalization is $700.11 million. The company’s 50-day moving average price is $27.40 and its 200 day moving average price is $27.40.
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Talend SA (NASDAQ:TLND) last announced its quarterly earnings data on Thursday, August 25th. The company reported ($1.84) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.31) by $1.53. The company had revenue of $25.40 million for the quarter. Talend SA’s revenue for the quarter was up 38.0% on a year-over-year basis.
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