Tintri Inc (TNTR) Given Consensus Rating of “Hold” by Brokerages

Shares of Tintri Inc (NASDAQ:TNTR) have earned a consensus rating of “Hold” from the nine analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $7.70.

TNTR has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of Tintri from a “hold” rating to a “buy” rating and set a $5.50 target price on the stock in a research note on Wednesday, December 20th. Piper Jaffray Companies set a $5.00 target price on shares of Tintri and gave the company a “hold” rating in a research note on Thursday, December 14th. Bank of America downgraded shares of Tintri from a “neutral” rating to an “underperform” rating and set a $5.00 target price on the stock. in a research note on Thursday, December 14th. Finally, KeyCorp restated an “equal weight” rating on shares of Tintri in a research note on Friday, December 15th.

Shares of Tintri (NASDAQ:TNTR) opened at $5.84 on Friday. The company has a quick ratio of 0.96, a current ratio of 1.04 and a debt-to-equity ratio of -0.73. Tintri has a fifty-two week low of $2.78 and a fifty-two week high of $7.75.

Tintri (NASDAQ:TNTR) last announced its quarterly earnings results on Wednesday, December 13th. The company reported ($1.17) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.42) by $0.25. sell-side analysts expect that Tintri will post -5.28 EPS for the current year.

Several large investors have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Tintri by 9.3% in the 4th quarter. BlackRock Inc. now owns 458,561 shares of the company’s stock valued at $2,338,000 after purchasing an additional 38,995 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Tintri in the 2nd quarter valued at $619,000. Ferris Capital LLC acquired a new stake in shares of Tintri in the 4th quarter valued at $157,000. Citadel Advisors LLC acquired a new position in Tintri during the 4th quarter worth about $150,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in Tintri during the 4th quarter worth about $102,000. Institutional investors own 61.38% of the company’s stock.

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About Tintri

Tintri, Inc is a United States-based company. The Company is engaged in the business of storage management solutions. The Company offers a range of products, including Tintri all-flash array, Tintri hybrid-flash array, Tintri Global Center (TGC), Tintri Analytics, Tintri Storage Software. The Company’s solutions include cloud, desktops, database system and servers, Data protection and disaster recovery and DevOps.

Analyst Recommendations for Tintri (NASDAQ:TNTR)

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