-$0.49 Earnings Per Share Expected for Tableau Software, Inc. (DATA) This Quarter

Analysts expect Tableau Software, Inc. (NYSE:DATA) to post earnings per share (EPS) of ($0.49) for the current fiscal quarter, according to Zacks Investment Research. Ten analysts have issued estimates for Tableau Software’s earnings, with the lowest EPS estimate coming in at ($0.51) and the highest estimate coming in at ($0.48). Tableau Software reported earnings per share of ($0.62) during the same quarter last year, which would suggest a positive year-over-year growth rate of 21%. The firm is scheduled to report its next earnings report on Tuesday, August 1st.

On average, analysts expect that Tableau Software will report full year earnings of ($1.77) per share for the current year, with EPS estimates ranging from ($1.84) to ($1.69). For the next financial year, analysts expect that the firm will post earnings of ($1.69) per share, with EPS estimates ranging from ($1.95) to ($1.38). Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that cover Tableau Software.

Tableau Software (NYSE:DATA) last posted its quarterly earnings data on Wednesday, May 3rd. The software company reported ($0.67) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.51) by $0.16. Tableau Software had a negative return on equity of 19.26% and a negative net margin of 17.95%. The business had revenue of $199.90 million during the quarter, compared to the consensus estimate of $200.91 million. Tableau Software’s revenue was up 16.4% on a year-over-year basis.

DATA has been the subject of a number of research reports. Vetr raised shares of Tableau Software from a “buy” rating to a “strong-buy” rating and set a $57.98 price target for the company in a research note on Monday, March 6th. Benchmark Co. initiated coverage on shares of Tableau Software in a research note on Thursday, April 27th. They issued a “hold” rating for the company. Wedbush reissued an “outperform” rating and issued a $60.00 price target on shares of Tableau Software in a research note on Friday, March 31st. BMO Capital Markets increased their price target on shares of Tableau Software from $55.00 to $64.00 and gave the stock an “outperform” rating in a research note on Thursday, May 4th. Finally, Sanford C. Bernstein initiated coverage on shares of Tableau Software in a research note on Wednesday, May 24th. They issued an “outperform” rating and a $79.00 price target for the company. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Tableau Software presently has an average rating of “Hold” and a consensus target price of $61.55.

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Tableau Software (DATA) traded down 0.7725% on Tuesday, hitting $63.2873. The stock had a trading volume of 528,309 shares. The company’s market cap is $4.94 billion. Tableau Software has a 52-week low of $41.41 and a 52-week high of $66.86. The stock’s 50-day moving average is $60.85 and its 200-day moving average is $51.89.

In related news, Chairman Christian Chabot sold 250,000 shares of the firm’s stock in a transaction that occurred on Monday, May 8th. The shares were sold at an average price of $60.05, for a total value of $15,012,500.00. Following the sale, the chairman now owns 253,806 shares in the company, valued at $15,241,050.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Elissa Fink sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 9th. The stock was sold at an average price of $60.17, for a total transaction of $300,850.00. Following the completion of the sale, the insider now owns 75,642 shares in the company, valued at approximately $4,551,379.14. The disclosure for this sale can be found here. Insiders sold 716,025 shares of company stock worth $43,731,668 in the last 90 days. 28.98% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of the company. Norges Bank bought a new stake in shares of Tableau Software during the fourth quarter valued at about $40,599,000. Barings LLC acquired a new position in shares of Tableau Software during the fourth quarter valued at $624,000. Capital International Inc. CA boosted its position in shares of Tableau Software by 9.6% in the fourth quarter. Capital International Inc. CA now owns 28,600 shares of the software company’s stock valued at $1,205,000 after buying an additional 2,500 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Tableau Software by 84.4% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,940 shares of the software company’s stock valued at $251,000 after buying an additional 2,718 shares in the last quarter. Finally, A.R.T. Advisors LLC boosted its position in shares of Tableau Software by 438.0% in the fourth quarter. A.R.T. Advisors LLC now owns 49,500 shares of the software company’s stock valued at $2,086,000 after buying an additional 40,300 shares in the last quarter. Institutional investors own 76.14% of the company’s stock.

Tableau Software Company Profile

Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “DATA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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