Brokerages Expect Talend (TLND) to Announce -$0.18 EPS

Brokerages expect that Talend (NASDAQ:TLND) will post earnings per share of ($0.18) for the current quarter, according to Zacks. Three analysts have made estimates for Talend’s earnings, with estimates ranging from ($0.19) to ($0.17). Talend posted earnings of ($0.19) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 5.3%. The firm is scheduled to announce its next earnings results on Thursday, May 10th.

On average, analysts expect that Talend will report full year earnings of ($0.46) per share for the current year, with EPS estimates ranging from ($0.48) to ($0.42). For the next fiscal year, analysts expect that the company will post earnings of ($0.33) per share, with EPS estimates ranging from ($0.38) to ($0.25). Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Talend.

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Talend (NASDAQ:TLND) last posted its earnings results on Tuesday, February 13th. The technology company reported ($0.34) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.36) by $0.02. Talend had a negative return on equity of 454.15% and a negative net margin of 21.00%. The company had revenue of $41.52 million for the quarter, compared to analyst estimates of $41.40 million.

TLND has been the subject of a number of research analyst reports. Zacks Investment Research raised Talend from a “sell” rating to a “hold” rating in a research report on Thursday, January 11th. JPMorgan Chase increased their price target on Talend from $40.00 to $41.00 and gave the company an “underweight” rating in a research report on Wednesday, February 14th. ValuEngine raised Talend from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. BidaskClub downgraded Talend from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, April 4th. Finally, William Blair reaffirmed a “buy” rating on shares of Talend in a research report on Tuesday. One analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $49.75.

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of Talend by 218.3% during the third quarter. JPMorgan Chase & Co. now owns 12,414 shares of the technology company’s stock valued at $497,000 after acquiring an additional 8,514 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in Talend in the fourth quarter worth $3,846,000. Ameriprise Financial Inc. increased its position in Talend by 5.9% in the third quarter. Ameriprise Financial Inc. now owns 86,230 shares of the technology company’s stock worth $3,530,000 after buying an additional 4,770 shares during the last quarter. Harvest Capital Strategies LLC purchased a new stake in Talend in the fourth quarter worth $4,685,000. Finally, Lazard Asset Management LLC purchased a new stake in Talend in the fourth quarter worth $1,383,000. 59.57% of the stock is owned by institutional investors.

Shares of TLND stock traded up $0.75 during trading hours on Friday, reaching $47.89. The company had a trading volume of 68,131 shares, compared to its average volume of 289,443. Talend has a 12 month low of $28.77 and a 12 month high of $52.10. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of -0.01. The firm has a market capitalization of $1,366.82, a PE ratio of -47.79 and a beta of 0.21.

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About Talend

Talend SA provides platform to address IT integration needs in various industries. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.

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