Talend SA (NASDAQ:TLND) gapped down before the market opened on Thursday . The stock had previously closed at $37.22, but opened at $36.61. Talend shares last traded at $36.95, with a volume of 4698 shares traded.
Several equities research analysts have recently issued reports on TLND shares. Barclays reissued a “buy” rating and set a $70.00 price objective on shares of Talend in a research report on Friday, November 9th. Citigroup set a $81.00 price objective on shares of Talend and gave the stock a “buy” rating in a research report on Friday, November 9th. BidaskClub downgraded shares of Talend from a “buy” rating to a “hold” rating in a research report on Saturday, September 29th. KeyCorp reissued a “buy” rating and set a $61.00 price objective on shares of Talend in a research report on Thursday, November 8th. Finally, Needham & Company LLC lowered their price objective on shares of Talend from $71.00 to $68.00 and set a “buy” rating for the company in a research report on Thursday, November 8th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. Talend currently has an average rating of “Hold” and a consensus price target of $56.38.
The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -36.60 and a beta of 0.12. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.03.
Talend (NASDAQ:TLND) last announced its quarterly earnings results on Wednesday, November 7th. The technology company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.01. The firm had revenue of $52.07 million during the quarter, compared to analysts’ expectations of $51.84 million. Talend had a negative net margin of 20.40% and a negative return on equity of 153.54%. The company’s revenue for the quarter was up 32.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.11) earnings per share. Equities analysts predict that Talend SA will post -1.1 earnings per share for the current fiscal year.
A number of hedge funds have recently made changes to their positions in the business. DekaBank Deutsche Girozentrale lifted its stake in Talend by 160.0% in 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 during the last quarter. Ardsley Advisory Partners lifted its stake in Talend by 21.4% in the second quarter. Ardsley Advisory Partners now owns 8,500 shares of the technology company’s stock valued at $529,000 after acquiring an additional 1,500 shares during the last quarter. Centaurus Financial Inc. acquired a new stake in Talend in the second quarter valued at $101,000. BlackRock Inc. lifted its stake in Talend by 1,906.0% in the second quarter. BlackRock Inc. now owns 2,347 shares of the technology company’s stock valued at $146,000 after acquiring an additional 2,230 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in Talend by 6.2% in 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 during the last quarter. Hedge funds and other institutional investors own 79.13% of the company’s stock.
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Talend Company Profile (NASDAQ:TLND)
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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