Talend SA (TLND) Expected to Post Earnings of -$0.30 Per Share

Wall Street brokerages forecast that Talend SA (NASDAQ:TLND) will post earnings of ($0.30) per share for the current quarter, Zacks reports. Three analysts have made estimates for Talend’s earnings. The lowest EPS estimate is ($0.31) and the highest is ($0.30). Talend reported earnings of ($0.18) per share in the same quarter last year, which indicates a negative year over year growth rate of 66.7%. The firm is scheduled to announce its next quarterly earnings results on Thursday, May 9th.

According to Zacks, analysts expect that Talend will report full-year earnings of ($0.90) per share for the current financial year, with EPS estimates ranging from ($0.92) to ($0.89). For the next year, analysts forecast that the firm will report earnings of ($0.66) per share, with EPS estimates ranging from ($0.93) to ($0.50). Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that follow Talend.

Talend (NASDAQ:TLND) last announced its quarterly earnings data on Thursday, February 14th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.27) by $0.14. Talend had a negative return on equity of 123.26% and a negative net margin of 19.75%. The business had revenue of $55.70 million for the quarter, compared to analysts’ expectations of $55.75 million. During the same period in the previous year, the business posted ($0.28) EPS. The firm’s quarterly revenue was up 34.2% compared to the same quarter last year.

TLND has been the subject of a number of recent analyst reports. BidaskClub lowered Talend from a “hold” rating to a “sell” rating in a report on Saturday, March 9th. Rosenblatt Securities reaffirmed a “hold” rating and set a $42.00 target price on shares of Talend in a report on Thursday, January 10th. BTIG Research lifted their target price on Talend to $62.00 and gave the company a “buy” rating in a report on Monday, March 25th. They noted that the move was a valuation call. ValuEngine raised Talend from a “hold” rating to a “buy” rating in a report on Monday, March 11th. Finally, Zacks Investment Research lowered Talend from a “strong-buy” rating to a “hold” rating in a report on Friday, February 22nd. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Talend has a consensus rating of “Buy” and a consensus target price of $62.67.

Talend stock traded up $0.91 during midday trading on Monday, reaching $50.57. The stock had a trading volume of 228,682 shares, compared to its average volume of 213,099. Talend has a 12 month low of $31.35 and a 12 month high of $73.52. The stock has a market capitalization of $1.45 billion, a P/E ratio of -41.45 and a beta of 0.24. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.72 and a current ratio of 0.72.

In related news, COO Laurent Bride sold 2,397 shares of the business’s stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $46.00, for a total value of $110,262.00. Following the completion of the sale, the chief operating officer now owns 138,626 shares in the company, valued at approximately $6,376,796. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Hedge funds have recently made changes to their positions in the business. Cowbird Capital LP bought a new stake in Talend in the fourth quarter valued at approximately $8,154,000. SQN Investors LP lifted its position in Talend by 405.5% in the third quarter. SQN Investors LP now owns 784,082 shares of the technology company’s stock valued at $54,682,000 after purchasing an additional 628,983 shares during the last quarter. GSA Capital Partners LLP bought a new stake in Talend in the third quarter valued at approximately $349,000. Northern Trust Corp raised its holdings in shares of Talend by 6.2% during the second quarter. Northern Trust Corp now owns 41,811 shares of the technology company’s stock valued at $2,604,000 after acquiring an additional 2,446 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale raised its holdings in shares of Talend by 160.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 2,080 shares of the technology company’s stock valued at $129,000 after acquiring an additional 1,280 shares in the last quarter. Hedge funds and other institutional investors own 79.78% of the company’s stock.

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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