Other equities research analysts also recently issued reports about the stock. Needham & Company LLC raised their target price on shares of Talend from $64.00 to $71.00 and gave the company a buy rating in a research note on Tuesday, August 7th. BidaskClub cut shares of Talend from a strong-buy rating to a buy rating in a report on Saturday, June 23rd. Zacks Investment Research raised shares of Talend from a sell rating to a hold rating in a report on Thursday, August 30th. KeyCorp lowered their target price on shares of Talend from $66.00 to $61.00 and set an overweight rating on the stock in a report on Tuesday, August 7th. Finally, Barclays raised their target price on shares of Talend from $72.00 to $91.00 and gave the stock an overweight rating in a report on Monday, September 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $66.17.
Shares of TLND traded up $2.18 during trading hours on Tuesday, reaching $61.30. The stock had a trading volume of 367,179 shares, compared to its average volume of 273,887. The stock has a market cap of $2.03 billion, a P/E ratio of -61.30 and a beta of 0.03. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.03. Talend has a 52 week low of $35.46 and a 52 week high of $73.52.
Talend (NASDAQ:TLND) last released its earnings results on Monday, August 6th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.12). Talend had a negative return on equity of 190.77% and a negative net margin of 19.77%. The firm had revenue of $49.80 million during the quarter, compared to analysts’ expectations of $49.32 million. During the same quarter in the prior year, the company earned ($0.20) EPS. The company’s revenue was up 39.1% on a year-over-year basis. On average, equities research analysts expect that Talend will post -1.04 earnings per share for the current fiscal year.
A number of institutional investors have recently modified their holdings of the business. Trexquant Investment LP boosted its position in Talend by 13.5% in the first quarter. Trexquant Investment LP now owns 9,494 shares of the technology company’s stock valued at $457,000 after buying an additional 1,130 shares in the last quarter. Ardsley Advisory Partners lifted its holdings in shares of Talend by 21.4% during the second quarter. Ardsley Advisory Partners now owns 8,500 shares of the technology company’s stock worth $529,000 after purchasing an additional 1,500 shares during the period. Gagnon Advisors LLC lifted its holdings in shares of Talend by 1.5% during the second quarter. Gagnon Advisors LLC now owns 105,541 shares of the technology company’s stock worth $6,573,000 after purchasing an additional 1,521 shares during the period. Centaurus Financial Inc. acquired a new position in shares of Talend during the second quarter worth $101,000. Finally, Granite Investment Partners LLC lifted its holdings in shares of Talend by 0.6% during the second quarter. Granite Investment Partners LLC now owns 291,611 shares of the technology company’s stock worth $18,161,000 after purchasing an additional 1,636 shares during the period. Hedge funds and other institutional investors own 78.09% of the company’s stock.
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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