Tableau Software Inc (DATA) Scheduled to Post Earnings on Monday
Tableau Software Inc (NYSE:DATA) is scheduled to be releasing its earnings data after the market closes on Monday, October 30th. Analysts expect Tableau Software to post earnings of $0.01 per share for the quarter.
Tableau Software (NYSE:DATA) last issued its quarterly earnings results on Wednesday, August 2nd. The software company reported $0.10 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.15. Tableau Software had a negative net margin of 19.97% and a negative return on equity of 22.16%. The firm had revenue of $212.90 million for the quarter, compared to analysts’ expectations of $210.72 million. Tableau Software’s revenue for the quarter was up 7.3% on a year-over-year basis. On average, analysts expect Tableau Software to post $0.23 EPS for the current fiscal year and $0.30 EPS for the next fiscal year.
Shares of Tableau Software Inc (NYSE:DATA) opened at 78.78 on Monday. The firm has a 50-day moving average of $75.70 and a 200 day moving average of $65.57. Tableau Software Inc has a 12 month low of $41.41 and a 12 month high of $79.82. The company’s market capitalization is $6.23 billion.
In related news, Director William Bosworth sold 450 shares of the stock in a transaction dated Monday, August 28th. The stock was sold at an average price of $71.52, for a total transaction of $32,184.00. Following the completion of the transaction, the director now directly owns 9,099 shares in the company, valued at $650,760.48. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Chris Stolte sold 225,000 shares of the stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $70.59, for a total value of $15,882,750.00. Following the transaction, the insider now owns 153,702 shares of the company’s stock, valued at $10,849,824.18. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,160,559 shares of company stock valued at $81,744,364. 28.98% of the stock is owned by corporate insiders.
An institutional investor recently raised its position in Tableau Software stock. The Manufacturers Life Insurance Company raised its stake in Tableau Software Inc (NYSE:DATA) by 7.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,287 shares of the software company’s stock after purchasing an additional 167 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Tableau Software were worth $140,000 at the end of the most recent reporting period. 77.40% of the stock is owned by hedge funds and other institutional investors.
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Several brokerages have recently issued reports on DATA. BMO Capital Markets upped their price target on Tableau Software from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Thursday, August 3rd. Royal Bank Of Canada upped their price target on Tableau Software from $65.00 to $70.00 and gave the company a “sector perform” rating in a research note on Thursday, August 3rd. Cowen and Company reaffirmed a “market perform” rating and set a $60.00 price target (up previously from $53.00) on shares of Tableau Software in a research note on Thursday, August 3rd. ValuEngine raised Tableau Software from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Finally, Zacks Investment Research lowered Tableau Software from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Three investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, fifteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Tableau Software currently has a consensus rating of “Hold” and an average target price of $67.50.
Tableau Software Company Profile
Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.
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