Talend SA (NASDAQ:TLND) Receives Average Rating of “Hold” from Brokerages
Talend SA (NASDAQ:TLND) has received an average rating of “Hold” from the ten analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $61.14.
TLND has been the subject of a number of research reports. BidaskClub cut shares of Xencor from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 11th. Goldman Sachs Group initiated coverage on shares of HubSpot in a research note on Friday, June 7th. They set a “buy” rating and a $223.00 target price for the company. ValuEngine cut shares of Whiting USA Trust II from a “hold” rating to a “sell” rating in a research note on Tuesday, May 7th. KeyCorp reissued a “buy” rating and set a $65.00 target price on shares of Talend in a research note on Wednesday, May 8th. Finally, BTIG Research boosted their target price on shares of Talend to $62.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. They noted that the move was a valuation call.
In related news, COO Laurent Bride sold 3,483 shares of the company’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $47.92, for a total transaction of $166,905.36. Following the completion of the sale, the chief operating officer now owns 174,819 shares of the company’s stock, valued at approximately $8,377,326.48. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 4.30% of the stock is currently owned by corporate insiders.
Shares of TLND stock traded down $0.09 on Friday, reaching $34.79. 217,206 shares of the company were exchanged, compared to its average volume of 218,115. The company has a market cap of $1.02 billion, a P/E ratio of -28.52 and a beta of 0.03. The firm has a 50-day moving average of $39.24. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.60 and a current ratio of 0.60. Talend has a 1 year low of $31.35 and a 1 year high of $73.52.
Talend (NASDAQ:TLND) last released its earnings results on Wednesday, May 8th. The technology company reported ($0.32) EPS for the quarter, topping analysts’ consensus estimates of ($0.39) by $0.07. The business had revenue of $57.84 million during the quarter, compared to analysts’ expectations of $56.59 million. Talend had a negative net margin of 22.24% and a negative return on equity of 168.43%. The company’s quarterly revenue was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.18) earnings per share. Analysts anticipate that Talend will post -1.72 EPS for the current year.
Talend Company Profile
Talend SA provides software platform to address IT integration needs in various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. 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.
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