Analysts Anticipate Tufin Software Technologies Ltd (TUFN) Will Announce Earnings of -$0.42 Per Share

Analysts forecast that Tufin Software Technologies Ltd (NYSE:TUFN) will post ($0.42) earnings per share for the current fiscal quarter, Zacks reports. Six analysts have made estimates for Tufin Software Technologies’ earnings, with the lowest EPS estimate coming in at ($0.58) and the highest estimate coming in at ($0.19). The firm is expected to report its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Tufin Software Technologies will report full-year earnings of ($0.46) per share for the current year, with EPS estimates ranging from ($0.49) to ($0.44). For the next fiscal year, analysts forecast that the firm will post earnings of ($0.37) per share, with EPS estimates ranging from ($0.45) to ($0.27). Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow Tufin Software Technologies.

TUFN has been the subject of several research reports. CIBC initiated coverage on shares of Tufin Software Technologies in a report on Monday, May 6th. They issued an “outperform” rating and a $35.00 price objective for the company. William Blair initiated coverage on shares of Tufin Software Technologies in a report on Monday, May 6th. They issued a “market perform” rating for the company. Stifel Nicolaus initiated coverage on shares of Tufin Software Technologies in a report on Monday, May 6th. They issued a “hold” rating and a $24.00 price objective for the company. Barclays initiated coverage on shares of Tufin Software Technologies in a report on Monday, May 6th. They issued an “overweight” rating and a $29.00 price objective for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of Tufin Software Technologies in a report on Monday, May 6th. They issued an “overweight” rating and a $26.00 price objective for the company. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $28.86.

TUFN traded down $0.33 during trading on Thursday, hitting $23.06. 108,277 shares of the stock traded hands, compared to its average volume of 258,851. Tufin Software Technologies has a 12-month low of $18.05 and a 12-month high of $24.89.

About Tufin Software Technologies

Tufin Ltd. provides security policy management solutions. It offers Orchestration Suite, a solution for automatically designing, provisioning, analyzing, and auditing network security changes from the application layer down to the network layer; SecureTrack, a management platform for firewalls, routers, load-balancers, and additional network devices; SecureChange, a solution for automating firewall and router configuration changes across complex networks; SecureApp, a solution that enables organizations to manage network connectivity and security policies; and Tufin Iris, a cloud-native solution that enables cloud operations and IT security teams to gain visibility and control of security policies for cloud-based applications.

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Earnings History and Estimates for Tufin Software Technologies (NYSE:TUFN)

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