Talend (NASDAQ:TLND) released its quarterly earnings results on Thursday. The technology company reported ($0.07) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.13, Fidelity Earnings reports. The company had revenue of $66.93 million for the quarter, compared to the consensus estimate of $66.04 million. Talend had a negative net margin of 26.00% and a negative return on equity of 216.86%.
Shares of TLND traded down $3.39 during midday trading on Friday, hitting $34.27. The stock had a trading volume of 2,504,614 shares, compared to its average volume of 361,123. Talend has a 1 year low of $31.14 and a 1 year high of $53.09. The firm has a market cap of $1.13 billion, a PE ratio of -16.88 and a beta of -0.09. The company has a debt-to-equity ratio of 3.91, a current ratio of 1.46 and a quick ratio of 1.46. The stock’s 50 day moving average is $39.12 and its 200 day moving average is $37.66.
Several equities research analysts have recently weighed in on the stock. Barclays set a $56.00 target price on shares of Talend and gave the company a “buy” rating in a research note on Friday, November 1st. Zacks Investment Research downgraded shares of Talend from a “buy” rating to a “hold” rating in a research note on Friday. ValuEngine downgraded shares of Talend from a “buy” rating to a “hold” rating in a research note on Tuesday, November 19th. William Blair reissued an “outperform” rating on shares of Talend in a research note on Thursday, November 7th. Finally, Needham & Company LLC reduced their target price on shares of Talend from $65.00 to $51.00 and set a “buy” rating on the stock in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $51.29.
Talend Company Profile
Talend SA provides software platform to address IT integration needs in various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.
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