Talend SA (NASDAQ:TLND) Given Consensus Rating of “Hold” by Brokerages

Talend SA (NASDAQ:TLND) has been assigned a consensus recommendation of “Hold” from the ten brokerages that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $55.43.

A number of equities research analysts have weighed in on the stock. Citigroup set a $52.00 price target on shares of Talend and gave the stock a “buy” rating in a research note on Friday, July 26th. Zacks Investment Research upgraded shares of Talend from a “sell” rating to a “hold” rating in a research note on Thursday, August 22nd. KeyCorp set a $54.00 price target on shares of Talend and gave the stock a “buy” rating in a research note on Wednesday, August 7th. Finally, ValuEngine downgraded shares of Talend from a “buy” rating to a “hold” rating in a research note on Monday, September 30th.

In other Talend news, COO Laurent Bride sold 1,385 shares of Talend stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $39.30, for a total transaction of $54,430.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.30% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Aperio Group LLC acquired a new stake in shares of Talend in the 2nd quarter valued at $62,000. Cubist Systematic Strategies LLC boosted its stake in shares of Talend by 174.5% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 2,663 shares of the technology company’s stock valued at $103,000 after purchasing an additional 1,693 shares in the last quarter. NumerixS Investment Technologies Inc acquired a new stake in shares of Talend in the 2nd quarter valued at $127,000. Voloridge Investment Management LLC acquired a new stake in shares of Talend in the 2nd quarter valued at $244,000. Finally, Avitas Wealth Management LLC acquired a new stake in shares of Talend in the 3rd quarter valued at $366,000. Institutional investors own 82.14% of the company’s stock.

Shares of Talend stock opened at $35.89 on Monday. The company’s fifty day simple moving average is $37.18 and its 200-day simple moving average is $41.37. The company has a market cap of $1.13 billion, a price-to-earnings ratio of -29.42 and a beta of -0.16. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.05. Talend has a 1 year low of $31.14 and a 1 year high of $65.25.

Talend (NASDAQ:TLND) last announced its quarterly earnings data on Wednesday, August 7th. The technology company reported ($0.21) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.46) by $0.25. Talend had a negative net margin of 25.39% and a negative return on equity of 249.51%. The business had revenue of $60.59 million for the quarter, compared to the consensus estimate of $59.33 million. During the same quarter last year, the company posted ($0.12) earnings per share. Talend’s quarterly revenue was up 21.8% on a year-over-year basis.

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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