Tableau Software Inc Class A (DATA) Expected to Announce Earnings of -$0.10 Per Share

Brokerages predict that Tableau Software Inc Class A (NYSE:DATA) will post earnings per share (EPS) of ($0.10) for the current quarter, according to Zacks. Eleven analysts have made estimates for Tableau Software Inc Class A’s earnings. The lowest EPS estimate is ($0.14) and the highest is ($0.07). Tableau Software Inc Class A reported earnings of $0.08 per share during the same quarter last year, which indicates a negative year over year growth rate of 225%. The company is scheduled to issue its next earnings results on Thursday, November 1st.

On average, analysts expect that Tableau Software Inc Class A will report full year earnings of ($0.30) per share for the current year, with EPS estimates ranging from ($0.34) to ($0.25). For the next year, analysts expect that the business will post earnings of $0.13 per share, with EPS estimates ranging from ($0.19) to $0.66. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover Tableau Software Inc Class A.

Tableau Software Inc Class A (NYSE:DATA) last posted its quarterly earnings results on Thursday, August 2nd. The software company reported ($0.71) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.66) by ($0.05). The company had revenue of $243.60 million for the quarter, compared to analyst estimates of $237.23 million. Tableau Software Inc Class A had a negative return on equity of 24.51% and a negative net margin of 20.38%. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the firm earned $0.10 EPS.

Several research analysts have weighed in on the company. Citigroup set a $140.00 price target on Tableau Software Inc Class A and gave the stock a “buy” rating in a research report on Tuesday, September 18th. Barclays boosted their price target on Tableau Software Inc Class A from $114.00 to $123.00 and gave the stock an “overweight” rating in a research report on Monday, August 6th. KeyCorp boosted their price target on Tableau Software Inc Class A from $125.00 to $131.00 and gave the stock an “overweight” rating in a research report on Friday, August 3rd. UBS Group reaffirmed a “buy” rating and set a $130.00 price target (up previously from $114.00) on shares of Tableau Software Inc Class A in a research report on Friday, August 3rd. Finally, BMO Capital Markets boosted their price target on Tableau Software Inc Class A from $102.00 to $125.00 and gave the stock a “market perform” rating in a research report on Friday, August 3rd. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $112.14.

Shares of NYSE:DATA traded down $5.03 during trading on Monday, hitting $100.67. 1,307,700 shares of the company were exchanged, compared to its average volume of 840,309. The firm has a market capitalization of $9.27 billion, a price-to-earnings ratio of -44.54 and a beta of 1.26. Tableau Software Inc Class A has a fifty-two week low of $68.37 and a fifty-two week high of $118.08.

In related news, insider Chris Stolte sold 285,000 shares of the business’s stock in a transaction on Thursday, August 9th. The stock was sold at an average price of $102.98, for a total value of $29,349,300.00. Following the completion of the sale, the insider now directly owns 176,327 shares in the company, valued at approximately $18,158,154.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Adam Selipsky sold 3,300 shares of the business’s stock in a transaction on Tuesday, August 21st. The shares were sold at an average price of $100.61, for a total value of $332,013.00. Following the completion of the sale, the insider now owns 270,013 shares of the company’s stock, valued at $27,166,007.93. The disclosure for this sale can be found here. Insiders have sold a total of 969,063 shares of company stock valued at $100,306,003 over the last quarter. 19.22% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC bought a new stake in Tableau Software Inc Class A in the 2nd quarter valued at $126,000. Global X Management Co LLC bought a new stake in Tableau Software Inc Class A in the 2nd quarter valued at $218,000. Jasper Ridge Partners L.P. bought a new stake in Tableau Software Inc Class A in the 2nd quarter valued at $219,000. Baird Financial Group Inc. bought a new stake in Tableau Software Inc Class A in the 2nd quarter valued at $231,000. Finally, World Asset Management Inc bought a new stake in Tableau Software Inc Class A in the 2nd quarter valued at $235,000. Institutional investors and hedge funds own 82.67% of the company’s stock.

Tableau Software Inc Class A Company Profile

Tableau Software, Inc provides business analytics software products. It offers Tableau Desktop, an analytics product that empowers people to access and analyze data; and Tableau Server, a business intelligence platform with data management and scalability to foster sharing of analytics, as well as to enhance the dissemination of information in an organization and promote decision-making.

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