Other research analysts have also recently issued research reports about the stock. Needham & Company LLC boosted their price objective on shares of Talend from $64.00 to $71.00 and gave the company a buy rating in a report on Tuesday, August 7th. Citigroup set a $86.00 price objective on shares of Talend and gave the company a buy rating in a report on Tuesday, September 18th. BidaskClub upgraded shares of Talend from a hold rating to a buy rating in a report on Saturday, September 8th. KeyCorp restated a buy rating and set a $61.00 price objective on shares of Talend in a report on Thursday. Finally, Zacks Investment Research upgraded shares of Talend from a sell rating to a hold rating in a report on Thursday, August 30th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of $61.33.
Shares of NASDAQ:TLND traded down $1.91 during trading on Friday, hitting $41.52. 1,220,179 shares of the company’s stock were exchanged, compared to its average volume of 185,750. Talend has a 1-year low of $35.46 and a 1-year high of $73.52. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.03.
Talend (NASDAQ:TLND) last issued its quarterly earnings results on Wednesday, November 7th. The technology company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.01. Talend had a negative net margin of 20.40% and a negative return on equity of 171.24%. The company had revenue of $52.07 million during the quarter, compared to analysts’ expectations of $51.84 million. During the same quarter in the previous year, the company earned ($0.11) EPS. Talend’s revenue was up 32.2% on a year-over-year basis. Research analysts forecast that Talend will post -1.04 EPS for the current fiscal year.
Several institutional investors have recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale boosted its holdings in shares of 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 buying an additional 1,280 shares during the period. Ardsley Advisory Partners boosted its holdings in shares of 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 buying an additional 1,500 shares during the period. Gagnon Advisors LLC boosted its holdings in shares of Talend by 1.5% in the second quarter. Gagnon Advisors LLC now owns 105,541 shares of the technology company’s stock valued at $6,573,000 after buying an additional 1,521 shares during the period. Centaurus Financial Inc. acquired a new position in shares of Talend in the second quarter valued at approximately $101,000. Finally, Granite Investment Partners LLC boosted its holdings in shares of Talend by 0.6% in the second quarter. Granite Investment Partners LLC now owns 291,611 shares of the technology company’s stock valued at $18,161,000 after buying an additional 1,636 shares during the period. Institutional investors own 78.70% of the company’s stock.
Talend Company Profile
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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