Zacks: Brokerages Anticipate Talend SA (TLND) Will Announce Quarterly Sales of $35.23 Million
Equities analysts expect that Talend SA (NASDAQ:TLND) will report $35.23 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for Talend SA’s earnings, with estimates ranging from $35.06 million to $35.4 million. Talend SA reported sales of $25.38 million in the same quarter last year, which would suggest a positive year over year growth rate of 38.8%. The business is scheduled to announce its next quarterly earnings results on Thursday, August 24th.
According to Zacks, analysts expect that Talend SA will report full-year sales of $35.23 million for the current fiscal year, with estimates ranging from $142.9 million to $145.3 million. For the next financial year, analysts anticipate that the firm will report sales of $186.99 million per share, with estimates ranging from $186.4 million to $187.9 million. Zacks’ sales calculations are a mean average based on a survey of research analysts that cover Talend SA.
Talend SA (NASDAQ:TLND) last posted its quarterly earnings results on Thursday, May 11th. The technology company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by $0.03. The business had revenue of $32.90 million for the quarter, compared to analyst estimates of $32.01 million. The firm’s revenue was up 44.3% compared to the same quarter last year.
Several research analysts have commented on TLND shares. BTIG Research started coverage on shares of Talend SA in a report on Monday, April 17th. They issued a “buy” rating for the company. Citigroup Inc upgraded shares of Talend SA from a “neutral” rating to a “buy” rating in a report on Tuesday, April 4th. Zacks Investment Research lowered shares of Talend SA from a “hold” rating to a “sell” rating in a report on Saturday, March 18th. Pacific Crest started coverage on shares of Talend SA in a report on Tuesday, April 11th. They issued an “overweight” rating for the company. Finally, Rosenblatt Securities restated a “buy” rating and issued a $37.00 price objective (up from $30.00) on shares of Talend SA in a report on Monday, May 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $33.17.
Several hedge funds have recently added to or reduced their stakes in TLND. JPMorgan Chase & Co. acquired a new stake in Talend SA during the first quarter worth $101,000. Dynamic Technology Lab Private Ltd acquired a new stake in Talend SA during the fourth quarter worth $224,000. UBS Group AG increased its stake in Talend SA by 15,698.0% in the first quarter. UBS Group AG now owns 7,899 shares of the technology company’s stock worth $235,000 after buying an additional 7,849 shares in the last quarter. KCG Holdings Inc. acquired a new stake in Talend SA during the first quarter worth $290,000. Finally, Bank of America Corp DE increased its stake in Talend SA by 169.0% in the first quarter. Bank of America Corp DE now owns 11,369 shares of the technology company’s stock worth $339,000 after buying an additional 7,142 shares in the last quarter.
Talend SA (NASDAQ:TLND) traded down 0.68% during midday trading on Thursday, reaching $32.01. 102,378 shares of the company’s stock were exchanged. Talend SA has a 12-month low of $21.02 and a 12-month high of $34.49. The firm has a 50-day moving average price of $30.73 and a 200 day moving average price of $26.19. The company’s market cap is $895.35 million.
Talend SA Company Profile
Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager.
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