Talend SA (TLND) Expected to Post Earnings of -$0.29 Per Share

Equities analysts expect Talend SA (NASDAQ:TLND) to announce earnings of ($0.29) per share for the current quarter, Zacks reports. Three analysts have provided estimates for Talend’s earnings. The highest EPS estimate is ($0.29) and the lowest is ($0.30). Talend posted earnings of ($0.13) per share in the same quarter last year, which indicates a negative year-over-year growth rate of 123.1%. The business is scheduled to announce its next quarterly earnings report after the market closes on Tuesday, February 13th.

On average, analysts expect that Talend will report full-year earnings of ($0.79) per share for the current fiscal year, with EPS estimates ranging from ($0.80) to ($0.79). For the next fiscal year, analysts forecast that the business will report earnings of ($0.53) per share, with EPS estimates ranging from ($0.66) to ($0.39). Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that cover Talend.

Talend (NASDAQ:TLND) last posted its quarterly earnings data on Thursday, November 9th. The technology company reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.09. Talend had a negative return on equity of 207.85% and a negative net margin of 18.23%.

A number of analysts recently commented on TLND shares. BidaskClub upgraded Talend from a “sell” rating to a “hold” rating in a research report on Tuesday, December 12th. Barclays lifted their price objective on Talend from $44.00 to $55.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 7th. Citigroup cut Talend from a “buy” rating to a “neutral” rating and set a $61.00 price objective for the company. in a research report on Wednesday, January 10th. KeyCorp lifted their price objective on Talend from $4.00 to $5.00 and gave the stock an “overweight” rating in a research report on Friday, November 10th. Finally, Zacks Investment Research cut Talend from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $50.20.

A number of large investors have recently modified their holdings of TLND. Bank of New York Mellon Corp acquired a new stake in Talend in the 2nd quarter worth about $486,000. JPMorgan Chase & Co. boosted its stake in Talend by 14.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,900 shares of the technology company’s stock worth $136,000 after buying an additional 500 shares during the last quarter. New York State Common Retirement Fund acquired a new stake in Talend in the 2nd quarter worth about $161,000. Citigroup Inc. acquired a new stake in Talend in the 2nd quarter worth about $159,000. Finally, Stifel Financial Corp boosted its stake in Talend by 3.3% in the 2nd quarter. Stifel Financial Corp now owns 46,077 shares of the technology company’s stock worth $1,603,000 after buying an additional 1,489 shares during the last quarter. 45.68% of the stock is currently owned by hedge funds and other institutional investors.

Talend (NASDAQ:TLND) traded down $1.30 during trading on Monday, reaching $38.05. The company had a trading volume of 149,912 shares, compared to its average volume of 296,159. The stock has a market cap of $1,146.79, a PE ratio of -43.69 and a beta of 2.92. Talend has a 1 year low of $22.00 and a 1 year high of $46.32.

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About Talend

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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