News stories about Tableau Software (NYSE:DATA) have been trending somewhat negative recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tableau Software earned a coverage optimism score of -0.07 on Accern’s scale. Accern also gave media stories about the software company an impact score of 42.4930107883435 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Hadoop Big Data Analytics Market Industry Estimated to Rise Profitably with CAGR of 26.5% to Reach Market Value 38.5 Billion by 2022 (sbwire.com)
- Stocks To Watch: Tableau Software Sees RS Rating Rise To 83 (finance.yahoo.com)
- Why Tableau Software, Inc. Stock Dropped 13.3% in November (finance.yahoo.com)
- Chief Financial Officer of Tableau Software Inc (NYSE:DATA), Walker Thomas E Jr, sells 2,500 shares worth $174,819 (empowerednews.net)
- Tableau Software, Inc. (DATA) Insider Sells $224,192.00 in Stock (americanbankingnews.com)
A number of equities analysts have recently issued reports on the stock. Robert W. Baird reiterated a “hold” rating and issued a $76.00 price target on shares of Tableau Software in a report on Sunday, November 19th. Royal Bank Of Canada reiterated a “hold” rating and issued a $75.00 price target on shares of Tableau Software in a report on Wednesday, November 15th. UBS reiterated a “buy” rating and issued a $101.00 price target (up previously from $74.00) on shares of Tableau Software in a report on Thursday, November 9th. BidaskClub downgraded shares of Tableau Software from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 7th. Finally, Zacks Investment Research downgraded shares of Tableau Software from a “buy” rating to a “hold” rating in a report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, eighteen have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $72.11.
Tableau Software (NYSE:DATA) last released its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.07. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The company had revenue of $214.90 million for the quarter, compared to analysts’ expectations of $219.43 million. During the same period last year, the company earned $0.16 EPS. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. sell-side analysts predict that Tableau Software will post -1.63 earnings per share for the current fiscal year.
In related news, insider Adam Selipsky sold 3,200 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $70.06, for a total value of $224,192.00. Following the sale, the insider now directly owns 200,622 shares of the company’s stock, valued at $14,055,577.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Chris Stolte sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $70.98, for a total transaction of $5,323,500.00. Following the completion of the sale, the insider now directly owns 78,619 shares in the company, valued at $5,580,376.62. The disclosure for this sale can be found here. Insiders sold 666,686 shares of company stock worth $47,019,956 over the last three months. Corporate insiders own 24.76% of the company’s stock.
About Tableau Software
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.
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