Equities analysts expect that Tufin Software Technologies Ltd (NYSE:TUFN) will report earnings per share of ($0.05) for the current quarter, Zacks reports. Six analysts have made estimates for Tufin Software Technologies’ earnings. The highest EPS estimate is $0.02 and the lowest is ($0.08). The firm is expected to report its next quarterly earnings results before the market opens on Thursday, February 13th.

According to Zacks, analysts expect that Tufin Software Technologies will report full year earnings of ($0.55) per share for the current financial year, with EPS estimates ranging from ($0.64) to ($0.51). For the next year, analysts anticipate that the firm will report earnings of ($0.52) per share, with EPS estimates ranging from ($1.14) to ($0.38). Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover Tufin Software Technologies.

Tufin Software Technologies (NYSE:TUFN) last announced its quarterly earnings data on Thursday, November 14th. The company reported ($0.17) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.24) by $0.07. The firm had revenue of $25.60 million during the quarter, compared to analysts’ expectations of $25.16 million. Tufin Software Technologies had a negative return on equity of 54.40% and a negative net margin of 17.72%. Tufin Software Technologies’s quarterly revenue was up 32.6% compared to the same quarter last year.

Several equities analysts have recently issued reports on TUFN shares. Piper Sandler restated a “neutral” rating and set a $20.00 target price on shares of Tufin Software Technologies in a research report on Tuesday, January 7th. Jefferies Financial Group decreased their target price on Tufin Software Technologies from $28.00 to $22.00 and set a “buy” rating for the company in a research report on Thursday, January 9th. Oppenheimer decreased their target price on Tufin Software Technologies from to in a research report on Thursday, January 9th. Zacks Investment Research upgraded Tufin Software Technologies from a “sell” rating to a “hold” rating in a research report on Sunday, November 3rd. Finally, ValuEngine lowered Tufin Software Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, December 31st. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $25.13.

Several institutional investors have recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Tufin Software Technologies by 56.6% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,620 shares of the company’s stock valued at $240,000 after purchasing an additional 4,920 shares during the period. Mirador Capital Partners LP grew its position in shares of Tufin Software Technologies by 138.2% in the 4th quarter. Mirador Capital Partners LP now owns 36,558 shares of the company’s stock valued at $643,000 after purchasing an additional 21,212 shares during the period. Squarepoint Ops LLC acquired a new position in shares of Tufin Software Technologies in the 3rd quarter valued at approximately $288,000. Barclays PLC acquired a new position in shares of Tufin Software Technologies in the 3rd quarter valued at approximately $25,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Tufin Software Technologies by 125.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 3,833 shares of the company’s stock valued at $63,000 after purchasing an additional 2,133 shares during the period. Institutional investors own 27.34% of the company’s stock.

NYSE:TUFN traded up $0.07 on Tuesday, hitting $14.48. 343,400 shares of the stock were exchanged, compared to its average volume of 698,331. Tufin Software Technologies has a 52 week low of $11.65 and a 52 week high of $31.04. The company’s 50-day moving average price is $16.26 and its 200 day moving average price is $18.35.

About Tufin Software Technologies

Tufin Ltd. provides security policy management solutions. It offers Orchestration Suite, a solution for automatically designing, provisioning, analyzing, and auditing network security changes from the application layer down to the network layer; SecureTrack, a management platform for firewalls, routers, load-balancers, and additional network devices; SecureChange, a solution for automating firewall and router configuration changes across complex networks; SecureApp, a solution that enables organizations to manage network connectivity and security policies; and Tufin Iris, a cloud-native solution that enables cloud operations and IT security teams to gain visibility and control of security policies for cloud-based applications.

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Earnings History and Estimates for Tufin Software Technologies (NYSE:TUFN)

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