Talend (NASDAQ:TLND) Earns “Outperform” Rating from William Blair

William Blair reissued their outperform rating on shares of Talend (NASDAQ:TLND) in a research note released on Thursday morning, Zacks.com reports.

A number of other equities research analysts also recently issued reports on the company. BidaskClub raised Talend from a strong sell rating to a sell rating in a research report on Saturday, November 2nd. Zacks Investment Research downgraded Talend from a buy rating to a hold rating in a research report on Wednesday. ValuEngine downgraded Talend from a strong-buy rating to a buy rating in a research report on Thursday, October 24th. Barclays set a $56.00 price target on Talend and gave the stock a buy rating in a research report on Friday, November 1st. Finally, Citigroup set a $52.00 price target on Talend and gave the stock a buy rating in a research report on Friday, July 26th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $53.43.

Shares of Talend stock traded up $0.22 during trading on Thursday, reaching $35.10. The stock had a trading volume of 271,000 shares, compared to its average volume of 330,735. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of -28.77 and a beta of -0.15. Talend has a 52 week low of $31.14 and a 52 week high of $53.09. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.05. The stock has a fifty day moving average price of $35.45 and a two-hundred day moving average price of $39.69.

Talend (NASDAQ:TLND) last issued its quarterly earnings results on Wednesday, November 6th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.24) by $0.16. The business had revenue of $62.63 million for the quarter, compared to the consensus estimate of $62.14 million. Talend had a negative return on equity of 249.51% and a negative net margin of 25.39%. The firm’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.09) earnings per share. On average, equities analysts forecast that Talend will post -1.51 EPS for the current fiscal year.

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In other Talend news, COO Laurent Bride sold 1,385 shares of the company’s stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $39.30, for a total transaction of $54,430.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.30% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Aperio Group LLC bought a new position in shares of Talend in the 2nd quarter valued at $62,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in shares of Talend by 0.4% in the 2nd 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 acquiring an additional 589 shares during the last quarter. Insight Wealth Strategies LLC bought a new position in shares of Talend in the 2nd quarter valued at $422,000. Wells Fargo & Company MN lifted its stake in shares of Talend by 24.4% in the 2nd quarter. Wells Fargo & Company MN now owns 1,257,323 shares of the technology company’s stock valued at $48,519,000 after acquiring an additional 246,951 shares during the last quarter. Finally, King Luther Capital Management Corp lifted its stake in shares of Talend by 1.4% in the 2nd quarter. King Luther Capital Management Corp now owns 53,740 shares of the technology company’s stock valued at $2,074,000 after acquiring an additional 750 shares during the last quarter. Hedge funds and other institutional investors own 82.18% of the company’s stock.

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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Analyst Recommendations for Talend (NASDAQ:TLND)

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