Wall Street brokerages forecast that Tableau Software Inc (NYSE:DATA) will announce earnings per share (EPS) of $0.03 for the current fiscal quarter, Zacks Investment Research reports. Ten analysts have provided estimates for Tableau Software’s earnings. The lowest EPS estimate is ($0.02) and the highest is $0.08. Tableau Software posted earnings of $0.26 per share during the same quarter last year, which would indicate a negative year over year growth rate of 88.5%. The business is expected to report its next earnings results on Thursday, February 1st.

According to Zacks, analysts expect that Tableau Software will report full-year earnings of $0.18 per share for the current financial year, with EPS estimates ranging from $0.13 to $0.23. For the next financial year, analysts anticipate that the firm will report earnings of $0.16 per share, with EPS estimates ranging from ($0.37) to $0.36. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow Tableau Software.

Tableau Software (NYSE:DATA) last announced its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.07. Tableau Software had a negative return on equity of 20.89% and a negative net margin of 18.76%. The company had revenue of $214.90 million during the quarter, compared to analyst estimates of $219.43 million. During the same quarter last year, the firm posted $0.16 earnings per share. The firm’s revenue was up 4.3% on a year-over-year basis.

A number of equities analysts have issued reports on the company. UBS Group reiterated a “buy” rating and issued a $101.00 price objective (up previously from $74.00) on shares of Tableau Software in a report on Thursday, November 9th. Needham & Company LLC assumed coverage on Tableau Software in a report on Monday, October 23rd. They issued a “buy” rating and a $98.00 price objective for the company. KeyCorp reiterated a “buy” rating and issued a $85.00 price objective (up previously from $75.00) on shares of Tableau Software in a report on Thursday, September 21st. Oppenheimer reiterated a “hold” rating on shares of Tableau Software in a report on Wednesday, September 13th. Finally, Jefferies Group reiterated a “hold” rating and issued a $58.00 price objective on shares of Tableau Software in a report on Sunday, October 8th. Two research analysts have rated the stock with a sell rating, eighteen have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $72.11.

Shares of Tableau Software (NYSE DATA) traded down $1.16 during mid-day trading on Friday, reaching $69.20. The company had a trading volume of 515,194 shares, compared to its average volume of 529,667. Tableau Software has a 12 month low of $41.41 and a 12 month high of $82.32. The stock has a market capitalization of $5,518.15, a price-to-earnings ratio of -32.64 and a beta of 0.82.

In other news, insider Christian Chabot sold 450,000 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $70.49, for a total transaction of $31,720,500.00. Following the completion of the transaction, the insider now directly owns 231,820 shares in the company, valued at $16,340,991.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Adam Selipsky sold 1,600 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $68.45, for a total value of $109,520.00. Following the transaction, the chief executive officer now owns 229,828 shares of the company’s stock, valued at $15,731,726.60. The disclosure for this sale can be found here. Insiders have sold 692,286 shares of company stock valued at $48,819,636 over the last 90 days. Corporate insiders own 28.98% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Northern Trust Corp increased its holdings in Tableau Software by 5.8% in the 2nd quarter. Northern Trust Corp now owns 283,245 shares of the software company’s stock worth $17,355,000 after buying an additional 15,561 shares in the last quarter. FMR LLC increased its holdings in Tableau Software by 44.8% in the 2nd quarter. FMR LLC now owns 2,387,444 shares of the software company’s stock worth $146,279,000 after buying an additional 738,623 shares in the last quarter. New York State Common Retirement Fund increased its holdings in Tableau Software by 10.0% in the 2nd quarter. New York State Common Retirement Fund now owns 132,440 shares of the software company’s stock worth $8,115,000 after buying an additional 11,999 shares in the last quarter. Hanseatic Management Services Inc. purchased a new position in Tableau Software in the third quarter worth about $809,000. Finally, Artisan Partners Limited Partnership purchased a new position in Tableau Software in the second quarter worth about $85,555,000. Institutional investors own 81.07% of the company’s stock.

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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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