Talend (TLND) Issues FY18 Earnings Guidance

Talend (NASDAQ:TLND) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of ($0.48-0.44) for the period, compared to the Thomson Reuters consensus estimate of ($0.45). The company issued revenue guidance of $200-202 million, compared to the consensus revenue estimate of $193.33 million.Talend also updated its Q1 guidance to ($0.20-0.16) EPS.

A number of research firms have issued reports on TLND. ValuEngine upgraded shares of Talend from a sell rating to a hold rating in a research report on Friday, February 2nd. JPMorgan Chase & Co. downgraded shares of Talend from a neutral rating to an underweight rating in a research report on Thursday, January 25th. Zacks Investment Research upgraded shares of Talend from a sell rating to a hold rating in a research report on Thursday, January 11th. Citigroup downgraded shares of Talend from a buy rating to a neutral rating and set a $61.00 target price for the company. in a research report on Wednesday, January 10th. Finally, BidaskClub upgraded shares of Talend from a sell rating to a hold rating in a research report on Saturday, January 6th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of Hold and an average price target of $50.20.

Talend (TLND) traded up $1.12 during mid-day trading on Tuesday, reaching $38.27. 245,468 shares of the company’s stock were exchanged, compared to its average volume of 241,166. Talend has a 12 month low of $24.75 and a 12 month high of $46.32. The stock has a market cap of $1,047.41, a P/E ratio of -43.99 and a beta of 2.04.

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Talend 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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