Analysts expect Tableau Software Inc (NYSE:DATA) to post earnings of ($0.18) per share for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have provided estimates for Tableau Software’s earnings. The highest EPS estimate is ($0.11) and the lowest is ($0.23). Tableau Software posted earnings of ($0.03) per share during the same quarter last year, which suggests a negative year-over-year growth rate of 500%. The firm is expected to announce its next quarterly earnings report on Wednesday, May 2nd.
On average, analysts expect that Tableau Software will report full-year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from ($0.05) to $0.19. For the next fiscal year, analysts forecast that the business will post earnings of $0.42 per share, with EPS estimates ranging from $0.09 to $0.74. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Tableau Software.
Tableau Software (NYSE:DATA) last issued its earnings results on Thursday, February 1st. The software company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.09. Tableau Software had a negative net margin of 21.16% and a negative return on equity of 23.76%. The company had revenue of $249.40 million for the quarter, compared to the consensus estimate of $240.63 million. During the same period in the previous year, the firm earned $0.26 earnings per share. Tableau Software’s quarterly revenue was down .5% compared to the same quarter last year.
A number of equities analysts have commented on DATA shares. Mizuho reaffirmed a “neutral” rating and set a $85.00 target price (up from $68.00) on shares of Tableau Software in a research note on Thursday, February 1st. Zacks Investment Research downgraded shares of Tableau Software from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Maxim Group reaffirmed a “sell” rating and set a $40.00 target price on shares of Tableau Software in a research note on Friday, November 3rd. Wells Fargo & Co lifted their target price on shares of Tableau Software to $90.00 and gave the stock a “market perform” rating in a research note on Friday, February 2nd. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $92.00 target price on shares of Tableau Software in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $81.26.
In related news, Chairman Christian Chabot sold 450,000 shares of Tableau Software stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $78.23, for a total value of $35,203,500.00. Following the completion of the transaction, the chairman now owns 453,536 shares in the company, valued at $35,480,121.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Adam Selipsky sold 1,600 shares of Tableau Software stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $68.45, for a total transaction of $109,520.00. Following the completion of the transaction, the chief executive officer now owns 229,828 shares of the company’s stock, valued at approximately $15,731,726.60. The disclosure for this sale can be found here. Insiders sold 1,015,688 shares of company stock valued at $78,806,869 in the last 90 days. Company insiders own 28.98% of the company’s stock.
Institutional investors have recently modified their holdings of the stock. Steward Partners Investment Advisory LLC lifted its stake in Tableau Software by 871.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,486 shares of the software company’s stock worth $102,000 after acquiring an additional 1,333 shares during the last quarter. American International Group Inc. purchased a new position in Tableau Software in the fourth quarter worth approximately $105,000. Invictus RG purchased a new position in Tableau Software in the third quarter worth approximately $123,000. The Manufacturers Life Insurance Company lifted its stake in Tableau Software by 7.9% in the second quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock worth $140,000 after acquiring an additional 167 shares during the last quarter. Finally, Boston Advisors LLC purchased a new position in Tableau Software in the third quarter worth approximately $201,000. Institutional investors own 82.24% of the company’s stock.
Shares of Tableau Software (NYSE DATA) traded up $0.49 during mid-day trading on Tuesday, reaching $82.43. 148,067 shares of the company’s stock were exchanged, compared to its average volume of 1,046,386. Tableau Software has a one year low of $47.30 and a one year high of $87.00. The stock has a market capitalization of $6,590.00, a P/E ratio of -35.02 and a beta of 0.88.
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Tableau Software Company Profile
Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.
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