Tintri, Inc. (TNTR) Receives Consensus Rating of “Hold” from Analysts

Shares of Tintri, Inc. (NASDAQ:TNTR) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $8.67.

TNTR has been the topic of a number of analyst reports. Raymond James Financial, Inc. initiated coverage on shares of Tintri in a report on Tuesday, July 25th. They issued an “outperform” rating and a $9.00 price objective on the stock. William Blair initiated coverage on shares of Tintri in a report on Tuesday, July 25th. They issued an “outperform” rating on the stock. Morgan Stanley cut shares of Tintri from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $10.00 to $6.00 in a report on Wednesday, August 23rd. KeyCorp initiated coverage on shares of Tintri in a report on Tuesday, July 25th. They issued an “overweight” rating and a $9.00 price objective on the stock. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $8.50 price objective on shares of Tintri in a report on Friday, September 1st.

COPYRIGHT VIOLATION NOTICE: This news story was first published by BBNS and is the property of of BBNS. If you are reading this news story on another website, it was illegally stolen and reposted in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://baseballnewssource.com/markets/tintri-inc-tntr-receives-consensus-rating-of-hold-from-analysts/1698262.html.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Insight Holdings Group LLC bought a new position in Tintri in the 2nd quarter valued at about $38,786,000. NEA Management Company LLC bought a new position in Tintri in the 2nd quarter valued at about $38,192,000. Empyrean Capital Partners LP bought a new position in Tintri in the 2nd quarter valued at about $6,180,000. JPMorgan Chase & Co. bought a new position in Tintri in the 2nd quarter valued at about $4,725,000. Finally, OZ Management LP bought a new position in Tintri in the 2nd quarter valued at about $3,612,000. Hedge funds and other institutional investors own 50.56% of the company’s stock.

Shares of Tintri (NASDAQ:TNTR) opened at 3.07 on Friday. The stock’s market cap is $96.16 million. Tintri has a one year low of $2.85 and a one year high of $9.80. The stock has a 50 day moving average of $4.22 and a 200 day moving average of $4.96.

Tintri (NASDAQ:TNTR) last released its quarterly earnings data on Thursday, September 7th. The company reported ($2.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($1.97) by ($0.08). The company had revenue of $34.87 million for the quarter, compared to analyst estimates of $35.68 million. The business’s revenue was up 26.5% on a year-over-year basis. Equities analysts expect that Tintri will post ($3.48) EPS for the current fiscal year.

Tintri Company Profile

Tintri, Inc is a United States-based company. The Company is engaged in the business of storage management solutions. The Company offers a range of products, including Tintri all-flash array, Tintri hybrid-flash array, Tintri Global Center (TGC), Tintri Analytics, Tintri Storage Software. The Company’s solutions include cloud, desktops, database system and servers, Data protection and disaster recovery and DevOps.

Analyst Recommendations for Tintri (NASDAQ:TNTR)

Receive News & Ratings for Tintri Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tintri Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Houston’s Dallas Keuchel Could Make Relief Appearance in Game 7
Houston’s Dallas Keuchel Could Make Relief Appearance in Game 7
Houston Astros Relying on Justin Verlander to Save Their Season
Houston Astros Relying on Justin Verlander to Save Their Season
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Aaron Judge and Gary Sanchez Have Break Out Games
Aaron Judge and Gary Sanchez Have Break Out Games
Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation


Leave a Reply

 
© 2006-2017 BBNS.