A number of other equities research analysts have also weighed in on the company. Zacks Investment Research upgraded Talend from a sell rating to a hold rating in a research report on Thursday, July 13th. Barclays PLC reiterated a buy rating on shares of Talend in a research report on Wednesday, July 19th. BTIG Research reiterated a buy rating and issued a $45.00 price target (up previously from $35.00) on shares of Talend in a research report on Thursday, July 13th. Finally, ValuEngine upgraded Talend from a sell rating to a hold rating in a research report on Tuesday, August 1st. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Talend has an average rating of Buy and a consensus target price of $38.43.
Talend (NASDAQ TLND) opened at 39.53 on Friday. Talend has a 12-month low of $21.02 and a 12-month high of $41.95. The company has a 50-day moving average price of $39.18 and a 200 day moving average price of $39.18. The company’s market cap is $1.11 billion.
Talend (NASDAQ:TLND) last issued its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.05). The firm had revenue of $35.80 million for the quarter, compared to the consensus estimate of $35.33 million. Talend had a negative return on equity of 159.94% and a negative net margin of 20.62%. The company’s revenue was up 40.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($1.84) EPS. On average, analysts forecast that Talend will post ($0.79) EPS for the current fiscal year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in TLND. TimesSquare Capital Management LLC bought a new stake in shares of Talend in the 1st quarter valued at about $36,064,000. Hunt Lane Capital LP bought a new stake in shares of Talend in the 2nd quarter valued at about $31,302,000. Summit Partners Public Asset Management LLC grew its position in shares of Talend by 260.8% in the 2nd quarter. Summit Partners Public Asset Management LLC now owns 530,903 shares of the technology company’s stock valued at $18,465,000 after buying an additional 383,760 shares during the last quarter. Next Century Growth Investors LLC grew its position in shares of Talend by 58.0% in the 1st quarter. Next Century Growth Investors LLC now owns 456,403 shares of the technology company’s stock valued at $13,591,000 after buying an additional 167,622 shares during the last quarter. Finally, Monashee Investment Management LLC bought a new stake in shares of Talend in the 1st quarter valued at about $2,829,000. Hedge funds and other institutional investors own 42.54% of the company’s stock.
Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager.
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