BidaskClub upgraded shares of Talend (NASDAQ:TLND) from a buy rating to a strong-buy rating in a report issued on Wednesday.
A number of other research firms have also issued reports on TLND. Needham & Company LLC assumed coverage on shares of Talend in a research report on Friday, March 23rd. They set a buy rating and a $59.00 price target for the company. William Blair reissued a buy rating on shares of Talend in a research report on Tuesday, April 10th. Zacks Investment Research raised shares of Talend from a hold rating to a buy rating and set a $47.00 price target for the company in a research report on Tuesday, February 20th. Citigroup lowered shares of Talend from a buy rating to a neutral rating and set a $61.00 price target for the company. in a research report on Wednesday, January 10th. Finally, JPMorgan Chase lowered shares of Talend from a neutral rating to an underweight rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $49.75.
TLND opened at $47.59 on Wednesday. Talend has a 12-month low of $28.92 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 company has a market cap of $1,416.66, a price-to-earnings ratio of -47.59 and a beta of 0.21.
Talend (NASDAQ:TLND) last posted its quarterly earnings results on Tuesday, February 13th. The technology company reported ($0.34) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.02. Talend had a negative net margin of 21.00% and a negative return on equity of 454.15%. The company had revenue of $41.52 million during the quarter, compared to analyst estimates of $41.40 million. analysts expect that Talend will post -0.96 EPS for the current year.
Several large investors have recently bought and sold shares of TLND. Ameriprise Financial Inc. increased its holdings in shares of Talend by 5.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 86,230 shares of the technology company’s stock valued at $3,530,000 after purchasing an additional 4,770 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Talend by 218.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,414 shares of the technology company’s stock valued at $497,000 after purchasing an additional 8,514 shares in the last quarter. Peregrine Capital Management LLC increased its holdings in shares of Talend by 2.7% during the 4th quarter. Peregrine Capital Management LLC now owns 451,674 shares of the technology company’s stock valued at $16,929,000 after purchasing an additional 11,879 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA increased its holdings in shares of Talend by 13.3% during the 4th quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 25,550 shares of the technology company’s stock valued at $958,000 after purchasing an additional 3,000 shares in the last quarter. Finally, California Public Employees Retirement System purchased a new position in shares of Talend during the 4th quarter valued at approximately $335,000. 59.71% of the stock is owned by hedge funds and other institutional investors.
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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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