Several other equities analysts have also recently issued reports on TLND. BidaskClub raised Talend from a “sell” rating to a “hold” rating in a research report on Friday, March 15th. KeyCorp upped their price objective on Talend from $52.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, April 8th. Zacks Investment Research cut Talend from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 22nd. Rosenblatt Securities reaffirmed a “hold” rating and issued a $42.00 price objective on shares of Talend in a research report on Thursday, January 10th. Finally, BTIG Research upped their price objective on Talend to $62.00 and gave the company a “buy” rating in a research report on Monday, March 25th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. Talend currently has a consensus rating of “Hold” and an average price target of $64.83.
TLND stock opened at $49.97 on Tuesday. The company has a market capitalization of $1.45 billion, a P/E ratio of -40.96 and a beta of 0.20. Talend has a 12-month low of $31.35 and a 12-month high of $73.52. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.03.
Talend (NASDAQ:TLND) last released its quarterly earnings data on Thursday, February 14th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.27) by $0.14. The business had revenue of $55.70 million for the quarter, compared to analysts’ expectations of $55.75 million. Talend had a negative return on equity of 123.26% and a negative net margin of 19.75%. The firm’s quarterly revenue was up 34.2% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.28) EPS. As a group, analysts forecast that Talend will post -1.27 EPS for the current year.
In other news, COO Laurent Bride sold 2,397 shares of the stock in a transaction on Friday, February 15th. The stock was sold at an average price of $46.00, for a total transaction of $110,262.00. Following the transaction, the chief operating officer now directly owns 138,626 shares of the company’s stock, valued at approximately $6,376,796. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of Talend by 50.2% during the 4th quarter. FMR LLC now owns 2,501,189 shares of the technology company’s stock valued at $92,744,000 after buying an additional 835,482 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Talend by 12.9% during the 4th quarter. Bank of New York Mellon Corp now owns 2,330,624 shares of the technology company’s stock valued at $86,420,000 after buying an additional 267,076 shares during the period. Praesidium Investment Management Company LLC lifted its holdings in shares of Talend by 51.7% during the 4th quarter. Praesidium Investment Management Company LLC now owns 1,464,776 shares of the technology company’s stock valued at $54,314,000 after buying an additional 498,916 shares during the period. Crosslink Capital Inc. lifted its holdings in shares of Talend by 44.9% during the 4th quarter. Crosslink Capital Inc. now owns 652,064 shares of the technology company’s stock valued at $24,179,000 after buying an additional 202,130 shares during the period. Finally, Vista Equity Partners Management LLC lifted its holdings in shares of Talend by 147.6% during the 4th quarter. Vista Equity Partners Management LLC now owns 625,579 shares of the technology company’s stock valued at $23,196,000 after buying an additional 372,916 shares during the period. 79.46% of the stock is currently owned by hedge funds and other institutional investors.
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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