Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Tableau Software (DATA) Stock Price
News articles about Tableau Software (NYSE:DATA) have been trending somewhat positive this week, according to Accern. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tableau Software earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned news articles about the software company an impact score of 45.6765732935206 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- KeyCorp Reiterates Buy Rating for Tableau Software, Inc. (DATA) (americanbankingnews.com)
- Text Analytics Market to Observe Strong Development by 2021 (sbwire.com)
- Tableau Software, Inc. (DATA) Receives “Hold” Rating from Robert W. Baird (americanbankingnews.com)
- Tableau Software, Inc. (DATA) is at $76.90 per share and eGain Corporation (EGAN) is listed at $3.25 – Stocks Gallery (stocksgallery.com)
- Amperity Adds Veteran Tableau Sales Chief Kelly Breslin Wright to its Board of Directors (finanznachrichten.de)
Tableau Software (NYSE:DATA) opened at 77.38 on Friday. Tableau Software has a 12-month low of $41.41 and a 12-month high of $77.47. The stock’s 50 day moving average price is $73.86 and its 200 day moving average price is $63.47. The company’s market capitalization is $6.12 billion.
Tableau Software (NYSE:DATA) last announced its quarterly earnings data on Wednesday, August 2nd. The software company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.15. The firm had revenue of $212.90 million for the quarter, compared to analyst estimates of $210.72 million. Tableau Software had a negative net margin of 17.08% and a negative return on equity of 18.71%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. On average, equities analysts anticipate that Tableau Software will post $0.23 EPS for the current fiscal year.
A number of research analysts have commented on the company. Robert W. Baird set a $68.00 price target on Tableau Software and gave the company a “hold” rating in a research report on Friday. KeyCorp reaffirmed a “buy” rating and set a $85.00 price target on shares of Tableau Software in a research report on Friday. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Tableau Software in a research report on Wednesday, September 13th. Zacks Investment Research raised Tableau Software from a “hold” rating to a “buy” rating and set a $81.00 price target for the company in a research report on Friday, September 8th. Finally, Moffett Nathanson assumed coverage on Tableau Software in a research report on Wednesday, September 6th. They set a “neutral” rating and a $76.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, fifteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Tableau Software has an average rating of “Hold” and a consensus target price of $65.86.
In related news, Director William Bosworth sold 450 shares of the business’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $71.52, for a total transaction of $32,184.00. Following the completion of the transaction, the director now directly owns 9,099 shares in the company, valued at $650,760.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Chris Stolte sold 225,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $70.59, for a total transaction of $15,882,750.00. Following the transaction, the insider now owns 153,702 shares of the company’s stock, valued at $10,849,824.18. The disclosure for this sale can be found here. Insiders have sold 1,160,559 shares of company stock worth $81,744,364 over the last three months. Corporate insiders own 28.98% of the company’s stock.
About Tableau Software
Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.
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