Anaplan Inc (NYSE:PLAN) – Piper Jaffray Companies issued their Q3 2019 earnings per share (EPS) estimates for shares of Anaplan in a research report issued to clients and investors on Tuesday, November 6th. Piper Jaffray Companies analyst A. Zukin anticipates that the company will post earnings of ($0.19) per share for the quarter. Piper Jaffray Companies currently has a “Overweight” rating and a $28.00 target price on the stock. Piper Jaffray Companies also issued estimates for Anaplan’s Q4 2019 earnings at ($0.19) EPS, FY2019 earnings at ($0.81) EPS, Q1 2020 earnings at ($0.21) EPS, Q2 2020 earnings at ($0.18) EPS, Q3 2020 earnings at ($0.14) EPS, Q4 2020 earnings at ($0.16) EPS, FY2020 earnings at ($0.68) EPS, Q1 2021 earnings at ($0.16) EPS, Q2 2021 earnings at ($0.15) EPS, Q3 2021 earnings at ($0.11) EPS and FY2021 earnings at ($0.50) EPS.
A number of other brokerages have also issued reports on PLAN. KeyCorp began coverage on Anaplan in a research report on Tuesday. They set a “sector weight” rating on the stock. Barclays began coverage on Anaplan in a research report on Tuesday. They set an “overweight” rating and a $30.00 target price on the stock. JMP Securities began coverage on Anaplan in a research report on Tuesday. They set an “outperform” rating and a $29.00 target price on the stock. Goldman Sachs Group began coverage on Anaplan in a research report on Tuesday. They set a “neutral” rating and a $25.00 price target on the stock. Finally, Evercore ISI began coverage on Anaplan in a research report on Tuesday. They set an “inline” rating and a $26.00 price target on the stock. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $27.33.
Shares of Anaplan stock opened at $24.22 on Thursday. Anaplan has a 12-month low of $20.37 and a 12-month high of $27.30.
In other Anaplan news, Director Robert E. Beauchamp purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, October 12th. The shares were purchased at an average cost of $24.21 per share, with a total value of $242,100.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sandesh Kaveripatnam bought 1,104,999 shares of the company’s stock in a transaction on Tuesday, October 16th. The stock was purchased at an average cost of $17.00 per share, for a total transaction of $18,784,983.00. The disclosure for this purchase can be found here. Insiders have purchased 1,118,599 shares of company stock worth $19,088,283 over the last three months.
Anaplan Company Profile
Anaplan, Inc provides a cloud-based connected planning platform Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations.
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