Equities research analysts predict that Tableau Software, Inc. (NYSE:DATA) will report earnings per share of $0.03 for the current quarter, according to Zacks Investment Research. Ten analysts have issued estimates for Tableau Software’s earnings, with the highest EPS estimate coming in at $0.08 and the lowest estimate coming in at ($0.02). Tableau Software posted earnings per share of $0.26 in the same quarter last year, which suggests a negative year over year growth rate of 88.5%. The company is expected to announce its next quarterly earnings report on Thursday, February 1st.

According to Zacks, analysts expect that Tableau Software will report full-year earnings of $0.18 per share for the current fiscal year, with EPS estimates ranging from $0.13 to $0.23. For the next year, analysts expect that the company will report earnings of $0.16 per share, with EPS estimates ranging from ($0.37) to $0.36. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Tableau Software.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Thursday, November 2nd. The software company reported $0.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.07. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The business had revenue of $214.90 million during the quarter, compared to analysts’ expectations of $219.43 million. During the same period in the previous year, the company earned $0.16 earnings per share. Tableau Software’s revenue for the quarter was up 4.3% on a year-over-year basis.

A number of analysts have recently weighed in on DATA shares. Bank of America boosted their price objective on shares of Tableau Software from $84.00 to $90.00 and gave the stock a “buy” rating in a research note on Wednesday, October 18th. BidaskClub upgraded shares of Tableau Software from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. KeyCorp reiterated a “buy” rating and set a $85.00 target price on shares of Tableau Software in a research note on Friday, October 6th. Barclays reiterated a “buy” rating and set a $80.00 target price on shares of Tableau Software in a research note on Wednesday, October 11th. Finally, Zacks Investment Research cut shares of Tableau Software from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Tableau Software has an average rating of “Hold” and an average target price of $72.11.

In other news, CEO Adam Selipsky sold 7,272 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $70.67, for a total value of $513,912.24. Following the sale, the chief executive officer now owns 237,592 shares of the company’s stock, valued at approximately $16,790,626.64. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Thomas E. Walker, Jr. sold 5,000 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $71.39, for a total transaction of $356,950.00. Following the completion of the sale, the chief financial officer now directly owns 137,478 shares in the company, valued at approximately $9,814,554.42. The disclosure for this sale can be found here. In the last 90 days, insiders sold 692,286 shares of company stock valued at $48,819,636. Corporate insiders own 28.98% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of DATA. ETF Managers Group LLC bought a new stake in Tableau Software during the 2nd quarter worth about $119,000. Invictus RG bought a new stake in Tableau Software during the 3rd quarter worth about $123,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Tableau Software by 12.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,105 shares of the software company’s stock worth $129,000 after acquiring an additional 231 shares during the last quarter. BNP Paribas Arbitrage SA grew its holdings in Tableau Software by 164.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,266 shares of the software company’s stock worth $139,000 after acquiring an additional 1,409 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in Tableau Software by 7.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after acquiring an additional 167 shares during the last quarter. 81.71% of the stock is currently owned by institutional investors and hedge funds.

Shares of Tableau Software (DATA) traded down $0.57 during trading on Thursday, hitting $70.10. 591,800 shares of the stock were exchanged, compared to its average volume of 1,012,366. Tableau Software has a twelve month low of $41.41 and a twelve month high of $82.32.

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About Tableau Software

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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