Citigroup set a $81.00 price objective on Talend (NASDAQ:TLND) in a research report sent to investors on Friday morning. The brokerage currently has a buy rating on the technology company’s stock.

TLND has been the subject of several other research reports. Zacks Investment Research raised shares of Talend from a sell rating to a hold rating in a research report on Thursday, August 30th. BidaskClub raised shares of Talend from a hold rating to a buy rating in a research report on Friday, November 2nd. Needham & Company LLC reduced their price objective on shares of Talend from $71.00 to $68.00 and set a buy rating for the company in a research report on Thursday. KeyCorp reduced their price objective on shares of Talend from $66.00 to $61.00 and set an overweight rating for the company in a research report on Tuesday, August 7th. Finally, Rosenblatt Securities downgraded shares of Talend from a buy rating to a neutral rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. The stock has an average rating of Buy and a consensus target price of $61.33.

Shares of TLND stock traded down $1.91 during trading hours on Friday, hitting $41.52. 1,220,179 shares of the company were exchanged, compared to its average volume of 185,750. The company has a market cap of $1.83 billion, a price-to-earnings ratio of -41.52 and a beta of 0.74. Talend has a fifty-two week low of $35.46 and a fifty-two week high of $73.52. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.03.

Talend (NASDAQ:TLND) last announced its quarterly earnings data on Wednesday, November 7th. The technology company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.01. The company had revenue of $52.07 million during the quarter, compared to the consensus estimate of $51.84 million. Talend had a negative net margin of 20.40% and a negative return on equity of 171.24%. The company’s quarterly revenue was up 32.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.11) EPS. Analysts anticipate that Talend will post -1.04 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of TLND. Whale Rock Capital Management LLC acquired a new stake in Talend in the 2nd quarter valued at $182,842,000. Massachusetts Financial Services Co. MA acquired a new stake in Talend in the 3rd quarter valued at $18,944,000. Putnam Investments LLC grew its position in Talend by 16.9% in the 2nd quarter. Putnam Investments LLC now owns 1,795,830 shares of the technology company’s stock valued at $111,845,000 after purchasing an additional 259,418 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Talend in the 2nd quarter valued at $10,995,000. Finally, Point72 Asset Management L.P. acquired a new stake in Talend in the 2nd quarter valued at $8,177,000. 78.70% of the stock is owned by institutional investors and hedge funds.

Talend Company Profile

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.

Read More: Compound Annual Growth Rate (CAGR)

Analyst Recommendations for Talend (NASDAQ:TLND)

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