Wall Street analysts expect that Talend SA (NASDAQ:TLND) will announce $35.23 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Talend SA’s earnings, with the lowest sales estimate coming in at $35.06 million and the highest estimate coming in at $35.4 million. Talend SA posted sales of $25.38 million during the same quarter last year, which suggests a positive year-over-year growth rate of 38.8%. The company is scheduled to report its next quarterly earnings results on Thursday, August 24th.
According to Zacks, analysts expect that Talend SA will report full-year sales of $35.23 million for the current financial year, with estimates ranging from $142.9 million to $145.3 million. For the next year, analysts forecast that the business will report sales of $186.99 million per share, with estimates ranging from $186.4 million to $187.9 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow Talend SA.
Talend SA (NASDAQ:TLND) last announced its quarterly earnings data on Thursday, May 11th. The technology company reported ($0.19) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by $0.03. The firm had revenue of $32.90 million for the quarter, compared to the consensus estimate of $32.01 million. The business’s revenue was up 44.3% on a year-over-year basis.
A number of analysts have recently commented on TLND shares. Zacks Investment Research cut Talend SA from a “hold” rating to a “sell” rating in a research note on Wednesday, February 15th. Citigroup Inc reaffirmed a “buy” rating and issued a $40.00 price target (up from $39.00) on shares of Talend SA in a research note on Monday, May 15th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $37.00 price target (up from $30.00) on shares of Talend SA in a research note on Monday, May 15th. Barclays PLC reaffirmed an “overweight” rating and issued a $33.00 price target (up from $30.00) on shares of Talend SA in a research note on Sunday, May 14th. Finally, BTIG Research started coverage on Talend SA in a research note on Monday, April 17th. They issued a “buy” rating for the company. One analyst has rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company’s stock. Talend SA presently has an average rating of “Buy” and an average price target of $33.17.
Several hedge funds have recently made changes to their positions in TLND. Capital World Investors bought a new stake in shares of Talend SA during the third quarter worth approximately $20,601,000. BlackRock Advisors LLC bought a new stake in shares of Talend SA during the third quarter worth approximately $1,833,000. Gilder Gagnon Howe & Co. LLC bought a new stake in shares of Talend SA during the third quarter worth approximately $1,164,000. Peregrine Capital Management LLC bought a new stake in shares of Talend SA during the third quarter worth approximately $8,304,000. Finally, Putnam Investments LLC bought a new stake in shares of Talend SA during the fourth quarter worth approximately $1,660,000.
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Talend SA (NASDAQ:TLND) traded down 0.68% on Thursday, hitting $32.01. 102,378 shares of the stock traded hands. Talend SA has a 12-month low of $21.02 and a 12-month high of $34.49. The company’s 50 day moving average price is $30.73 and its 200-day moving average price is $26.19. The stock’s market capitalization is $895.35 million.
About Talend SA
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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