Zacks: Analysts Anticipate Talend SA (NASDAQ:TLND) Will Post Quarterly Sales of $61.81 Million

Brokerages predict that Talend SA (NASDAQ:TLND) will announce $61.81 million in sales for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Talend’s earnings, with the lowest sales estimate coming in at $61.50 million and the highest estimate coming in at $62.02 million. Talend reported sales of $52.07 million during the same quarter last year, which indicates a positive year over year growth rate of 18.7%. The firm is expected to report its next earnings report on Wednesday, November 6th.

On average, analysts expect that Talend will report full-year sales of $246.76 million for the current fiscal year, with estimates ranging from $246.00 million to $247.23 million. For the next year, analysts expect that the business will report sales of $296.48 million, with estimates ranging from $288.50 million to $305.92 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that cover Talend.

Talend (NASDAQ:TLND) last announced its quarterly earnings data on Wednesday, August 7th. The technology company reported ($0.21) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.46) by $0.25. The business had revenue of $60.59 million for the quarter, compared to analyst estimates of $59.33 million. Talend had a negative net margin of 25.39% and a negative return on equity of 249.51%. The firm’s revenue for the quarter was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.12) earnings per share.



TLND has been the topic of several analyst reports. Goldman Sachs Group initiated coverage on shares of Talend in a research report on Friday, June 7th. They set a “sell” rating and a $39.00 price target on the stock. BidaskClub lowered shares of Talend from a “sell” rating to a “strong sell” rating in a research report on Tuesday, June 11th. Citigroup set a $52.00 price target on shares of Talend and gave the stock a “buy” rating in a research report on Friday, July 26th. ValuEngine raised shares of Talend from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th. Finally, Zacks Investment Research lowered shares of Talend from a “hold” rating to a “sell” rating in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. Talend currently has a consensus rating of “Hold” and a consensus price target of $55.43.

Several large investors have recently added to or reduced their stakes in the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of Talend by 0.4% in the second quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 159,446 shares of the technology company’s stock valued at $6,153,000 after purchasing an additional 589 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of Talend by 5.8% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 11,071 shares of the technology company’s stock valued at $560,000 after purchasing an additional 607 shares during the last quarter. Quantamental Technologies LLC acquired a new position in shares of Talend in the first quarter valued at $31,000. Gagnon Securities LLC increased its holdings in shares of Talend by 0.5% in the second quarter. Gagnon Securities LLC now owns 141,225 shares of the technology company’s stock valued at $5,450,000 after purchasing an additional 714 shares during the last quarter. Finally, King Luther Capital Management Corp increased its holdings in shares of Talend by 1.4% in the second quarter. King Luther Capital Management Corp now owns 53,740 shares of the technology company’s stock valued at $2,074,000 after purchasing an additional 750 shares during the last quarter. Hedge funds and other institutional investors own 80.87% of the company’s stock.

NASDAQ TLND traded up $1.05 on Friday, hitting $40.16. 211,800 shares of the stock were exchanged, compared to its average volume of 340,739. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.59 and a quick ratio of 0.60. The business’s fifty day moving average is $36.11 and its 200 day moving average is $43.69. Talend has a 52 week low of $31.14 and a 52 week high of $73.52. The company has a market capitalization of $1.15 billion, a PE ratio of -32.92 and a beta of 0.01.

Talend Company Profile

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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