Talend (NASDAQ:TLND) updated its second quarter 2019 earnings guidance on Wednesday. The company provided EPS guidance of $-0.35–0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.27. The company issued revenue guidance of $58.8-59.8 million, compared to the consensus revenue estimate of $58.1 million.Talend also updated its FY 2019 guidance to $-1.01–0.95 EPS.
A number of research firms have recently weighed in on TLND. ValuEngine lowered shares of Talend from a buy rating to a hold rating in a research note on Tuesday. KeyCorp reiterated a buy rating and issued a $65.00 price objective on shares of Talend in a research note on Wednesday. BidaskClub downgraded shares of Talend from a hold rating to a sell rating in a report on Tuesday, April 30th. Rosenblatt Securities reissued a hold rating and set a $42.00 price target on shares of Talend in a report on Thursday, January 10th. Finally, BTIG Research increased their price target on shares of Talend to $62.00 and gave the stock a buy rating in a report on Monday, March 25th. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $64.83.
NASDAQ TLND traded down $0.98 during mid-day trading on Wednesday, reaching $48.23. 261,575 shares of the stock were exchanged, compared to its average volume of 403,331. Talend has a 1 year low of $31.35 and a 1 year high of $73.52. The company has a market capitalization of $1.41 billion, a PE ratio of -39.53 and a beta of 0.20. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.72 and a current ratio of 0.72.
Talend (NASDAQ:TLND) last announced its quarterly earnings results on Thursday, February 14th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.27) by $0.14. Talend had a negative net margin of 19.75% and a negative return on equity of 123.26%. The firm had revenue of $55.70 million for the quarter, compared to the consensus estimate of $55.75 million. During the same period in the prior year, the firm posted ($0.28) earnings per share. The firm’s quarterly revenue was up 34.2% compared to the same quarter last year. On average, equities analysts expect that Talend will post -1.27 EPS for the current year.
In related news, COO Laurent Bride sold 2,397 shares of the stock in a transaction on Friday, February 15th. The shares were sold at an average price of $46.00, for a total transaction of $110,262.00. Following the sale, the chief operating officer now directly owns 138,626 shares of the company’s stock, valued at $6,376,796. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
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Talend SA provides software platform to address IT integration needs in various industries in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. 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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