Tableau Software Inc. (NYSE:DATA)‘s stock had its “outperform” rating reissued by analysts at Oppenheimer Holdings Inc. in a research note issued to investors on Friday. They presently have a $55.00 price objective on the software company’s stock. Oppenheimer Holdings Inc.’s price target would indicate a potential upside of 18.36% from the stock’s current price.

Several other brokerages have also commented on DATA. Vetr lowered shares of Tableau Software from a “buy” rating to a “sell” rating and set a $59.24 price objective for the company. in a report on Tuesday, August 23rd. Drexel Hamilton reiterated a “buy” rating and set a $75.00 target price on shares of Tableau Software in a report on Wednesday, August 24th. Royal Bank Of Canada lowered shares of Tableau Software from an “outperform” rating to a “sector perform” rating and set a $65.00 target price for the company. in a report on Thursday, August 25th. RBC Capital Markets lowered shares of Tableau Software from an “outperform” rating to a “sector perform” rating and set a $65.00 target price for the company. in a report on Thursday, August 25th. Finally, Deutsche Bank AG lowered shares of Tableau Software from a “buy” rating to a “hold” rating and set a $65.00 target price for the company. in a report on Monday, July 25th. Four investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $62.14.

Analyst Recommendations for Tableau Software (NYSE:DATA)

Tableau Software (NYSE:DATA) opened at 46.47 on Friday. Tableau Software has a 1-year low of $36.60 and a 1-year high of $98.68. The stock’s market cap is $3.54 billion. The company has a 50-day moving average price of $49.65 and a 200 day moving average price of $52.40.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Tuesday, November 1st. The software company reported $0.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.09. Tableau Software had a negative net margin of 21.14% and a negative return on equity of 21.72%. The business earned $206.10 million during the quarter, compared to analyst estimates of $213.87 million. During the same period last year, the business posted $0.14 earnings per share. Tableau Software’s quarterly revenue was up 20.7% compared to the same quarter last year. Equities analysts expect that Tableau Software will post $0.30 earnings per share for the current fiscal year.

In related news, insider Andrew Beers sold 7,500 shares of the company’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $47.13, for a total transaction of $353,475.00. Following the transaction, the insider now directly owns 121,252 shares in the company, valued at approximately $5,714,606.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Kelly Wright sold 35,000 shares of the company’s stock in a transaction dated Tuesday, August 23rd. The shares were sold at an average price of $61.75, for a total transaction of $2,161,250.00. Following the transaction, the vice president now owns 299,837 shares in the company, valued at $18,514,934.75. The disclosure for this sale can be found here. Corporate insiders own 28.98% of the company’s stock.

A number of institutional investors have recently modified their holdings of the stock. Public Employees Retirement Association of Colorado increased its position in shares of Tableau Software by 1.3% in the second quarter. Public Employees Retirement Association of Colorado now owns 12,990 shares of the software company’s stock worth $635,000 after buying an additional 173 shares in the last quarter. Aperio Group LLC increased its position in shares of Tableau Software by 3.4% in the third quarter. Aperio Group LLC now owns 5,386 shares of the software company’s stock worth $298,000 after buying an additional 175 shares in the last quarter. Winfield Associates Inc. increased its position in shares of Tableau Software by 11.1% in the third quarter. Winfield Associates Inc. now owns 3,800 shares of the software company’s stock worth $210,000 after buying an additional 380 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its position in shares of Tableau Software by 11.2% in the second quarter. Metropolitan Life Insurance Co. NY now owns 4,131 shares of the software company’s stock worth $202,000 after buying an additional 417 shares in the last quarter. Finally, IBM Retirement Fund increased its position in shares of Tableau Software by 12.2% in the second quarter. IBM Retirement Fund now owns 5,549 shares of the software company’s stock worth $271,000 after buying an additional 604 shares in the last quarter. Institutional investors own 69.86% of the company’s stock.

Tableau Software Company Profile

Tableau Software, Inc (Tableau) offers software products. The Company’s technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Company’s Live Query and In-Memory Data Engines technologies.

5 Day Chart for NYSE:DATA

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