Talend S.A. (TLND) Receives Average Rating of “Buy” from Brokerages
Shares of Talend S.A. (NASDAQ:TLND) have been given an average recommendation of “Buy” by the nine research firms that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $40.17.
Several equities analysts recently weighed in on TLND shares. Barclays PLC raised their price objective on shares of Talend from $43.00 to $44.00 and gave the company an “overweight” rating in a research report on Friday, August 4th. Zacks Investment Research lowered shares of Talend from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. BTIG Research reaffirmed a “buy” rating and set a $45.00 price objective (up previously from $35.00) on shares of Talend in a research report on Thursday, July 13th. KeyCorp reiterated a “buy” rating and set a $44.00 price target on shares of Talend in a report on Friday, September 22nd. Finally, ValuEngine upgraded Talend from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st.
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A number of hedge funds have recently made changes to their positions in TLND. TimesSquare Capital Management LLC acquired a new position in Talend during the first quarter valued at approximately $36,064,000. Hunt Lane Capital LP acquired a new position in Talend during the second quarter valued at approximately $31,302,000. Summit Partners Public Asset Management LLC grew its holdings in Talend by 260.8% during the second quarter. Summit Partners Public Asset Management LLC now owns 530,903 shares of the technology company’s stock valued at $18,465,000 after purchasing an additional 383,760 shares during the last quarter. Next Century Growth Investors LLC grew its holdings in Talend by 58.0% during the first quarter. Next Century Growth Investors LLC now owns 456,403 shares of the technology company’s stock valued at $13,591,000 after purchasing an additional 167,622 shares during the last quarter. Finally, Monashee Investment Management LLC acquired a new position in Talend during the first quarter valued at approximately $2,829,000. Institutional investors own 42.54% of the company’s stock.
Shares of Talend (NASDAQ TLND) opened at 40.94 on Friday. Talend has a 1-year low of $21.02 and a 1-year high of $41.95. The firm’s 50-day moving average is $39.18 and its 200 day moving average is $39.18. The stock’s market capitalization is $1.15 billion.
Talend (NASDAQ:TLND) last issued its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.05). The business had revenue of $35.80 million for the quarter, compared to the consensus estimate of $35.33 million. Talend had a negative net margin of 20.62% and a negative return on equity of 159.94%. Talend’s revenue was up 40.9% compared to the same quarter last year. During the same period in the previous year, the business posted ($1.84) EPS. On average, analysts expect that Talend will post ($0.79) EPS for the current fiscal year.
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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