Talend SA (NASDAQ:TLND) Receives Average Recommendation of “Buy” from Analysts

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Talend SA (NASDAQ:TLND) has been assigned a consensus recommendation of “Buy” from the ten brokerages that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $53.29.

Several equities analysts have recently commented on TLND shares. Zacks Investment Research raised Talend from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a report on Friday, January 17th. Barclays set a $56.00 target price on Talend and gave the company a “buy” rating in a report on Friday, November 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $65.00 target price on shares of Talend in a report on Tuesday, November 19th. ValuEngine lowered Talend from a “buy” rating to a “hold” rating in a report on Tuesday, November 19th. Finally, William Blair reaffirmed an “outperform” rating on shares of Talend in a report on Thursday, November 7th.

Shares of Talend stock opened at $38.46 on Wednesday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 3.91. The firm has a market cap of $1.18 billion, a P/E ratio of -18.95 and a beta of -0.11. Talend has a fifty-two week low of $31.14 and a fifty-two week high of $53.09. The business has a 50-day moving average price of $39.87 and a 200 day moving average price of $37.55.

Talend (NASDAQ:TLND) last announced its quarterly earnings data on Wednesday, November 6th. The technology company reported ($0.08) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.24) by $0.16. The firm had revenue of $62.63 million during the quarter, compared to analyst estimates of $62.14 million. Talend had a negative return on equity of 216.86% and a negative net margin of 26.00%. Talend’s quarterly revenue was up 20.3% on a year-over-year basis. During the same period in the previous year, the company earned ($0.09) earnings per share. As a group, equities research analysts anticipate that Talend will post -1.65 earnings per share for the current year.

In other news, COO Laurent Bride sold 41,385 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $38.40, for a total transaction of $1,589,184.00. 4.30% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Maple Rock Capital Partners Inc. boosted its position in shares of Talend by 30.0% during the third quarter. Maple Rock Capital Partners Inc. now owns 997,911 shares of the technology company’s stock worth $33,909,000 after buying an additional 230,000 shares during the period. Point72 Asset Management L.P. boosted its position in shares of Talend by 75.3% during the third quarter. Point72 Asset Management L.P. now owns 954,734 shares of the technology company’s stock worth $32,442,000 after buying an additional 410,089 shares during the period. Morgan Stanley boosted its position in shares of Talend by 78.7% during the second quarter. Morgan Stanley now owns 571,595 shares of the technology company’s stock worth $22,057,000 after buying an additional 251,749 shares during the period. Peregrine Capital Management LLC boosted its position in shares of Talend by 3.4% during the third quarter. Peregrine Capital Management LLC now owns 219,476 shares of the technology company’s stock worth $7,458,000 after buying an additional 7,166 shares during the period. Finally, Macquarie Group Ltd. boosted its position in shares of Talend by 3.9% during the second quarter. Macquarie Group Ltd. now owns 21,217 shares of the technology company’s stock worth $819,000 after buying an additional 797 shares during the period. Institutional investors and hedge funds own 91.98% 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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