Equities analysts predict that Talend (NASDAQ:TLND) will post sales of $45.65 million for the current quarter, according to Zacks. Three analysts have made estimates for Talend’s earnings, with the highest sales estimate coming in at $45.85 million and the lowest estimate coming in at $45.50 million. Talend posted sales of $32.87 million in the same quarter last year, which suggests a positive year over year growth rate of 38.9%. The firm is expected to issue its next earnings report after the market closes on Thursday, May 10th.
On average, analysts expect that Talend will report full year sales of $201.31 million for the current financial year, with estimates ranging from $200.30 million to $202.76 million. For the next year, analysts anticipate that the firm will post sales of $256.43 million per share, with estimates ranging from $249.20 million to $266.10 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Talend.
Talend (NASDAQ:TLND) last posted its earnings results on Tuesday, February 13th. The technology company reported ($0.34) EPS for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.02. The business had revenue of $41.52 million for the quarter, compared to the consensus estimate of $41.40 million. Talend had a negative net margin of 21.00% and a negative return on equity of 454.15%.
TLND has been the topic of a number of recent analyst reports. KeyCorp restated a “buy” rating on shares of Talend in a report on Tuesday, February 13th. BidaskClub cut shares of Talend from a “hold” rating to a “sell” rating in a report on Wednesday, December 27th. Zacks Investment Research upgraded shares of Talend from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a report on Tuesday, February 20th. JPMorgan Chase cut shares of Talend from a “neutral” rating to an “underweight” rating in a report on Thursday, January 25th. Finally, Needham & Company LLC initiated coverage on shares of Talend in a report on Friday, March 23rd. They issued a “buy” rating and a $59.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $49.75.
Shares of NASDAQ:TLND traded up $0.93 during trading on Monday, reaching $49.03. The stock had a trading volume of 347,259 shares, compared to its average volume of 245,430. Talend has a one year low of $28.77 and a one year high of $52.10. The stock has a market capitalization of $1,401.79, a P/E ratio of -49.03 and a beta of 0.21. The company has a debt-to-equity ratio of -0.01, a quick ratio of 1.01 and a current ratio of 1.01.
Large investors have recently added to or reduced their stakes in the company. Financial Advocates Investment Management bought a new stake in shares of Talend in the 4th quarter valued at about $202,000. California Public Employees Retirement System acquired a new stake in Talend in the 4th quarter worth approximately $335,000. JPMorgan Chase & Co. boosted its stake in Talend by 218.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 12,414 shares of the technology company’s stock worth $497,000 after purchasing an additional 8,514 shares in the last quarter. Geode Capital Management LLC boosted its stake in Talend by 35.8% in the 4th quarter. Geode Capital Management LLC now owns 19,814 shares of the technology company’s stock worth $742,000 after purchasing an additional 5,227 shares in the last quarter. Finally, HBK Investments L P boosted its stake in Talend by 34.6% in the 4th quarter. HBK Investments L P now owns 21,105 shares of the technology company’s stock worth $791,000 after purchasing an additional 5,420 shares in the last quarter. Institutional investors and hedge funds own 59.57% of the company’s stock.
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Talend SA provides platform to address IT integration needs in various industries. 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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