Talend (NASDAQ:TLND) posted its quarterly earnings data on Thursday. The technology company reported ($0.07) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.13, Fidelity Earnings reports. The firm had revenue of $66.93 million during the quarter, compared to analysts’ expectations of $66.04 million. Talend had a negative net margin of 26.00% and a negative return on equity of 216.86%.
Shares of NASDAQ:TLND traded down $3.39 during mid-day trading on Friday, reaching $34.27. 2,504,314 shares of the company were exchanged, compared to its average volume of 361,129. The company has a debt-to-equity ratio of 3.91, a current ratio of 1.46 and a quick ratio of 1.46. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of -16.88 and a beta of -0.09. The firm’s 50-day simple moving average is $39.12 and its 200 day simple moving average is $37.66. Talend has a 1 year low of $31.14 and a 1 year high of $53.09.
A number of research firms recently weighed in on TLND. William Blair reaffirmed an “outperform” rating on shares of Talend in a research report on Thursday, November 7th. Barclays set a $56.00 price objective on shares of Talend and gave the stock a “buy” rating in a research report on Friday, November 1st. ValuEngine cut shares of Talend from a “buy” rating to a “hold” rating in a research report on Tuesday, November 19th. Needham & Company LLC lowered their price objective on shares of Talend from $65.00 to $51.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, BidaskClub cut shares of Talend from a “sell” rating to a “strong sell” rating in a research report on Saturday, February 1st. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company. Talend presently has an average rating of “Hold” and an average target price of $51.29.
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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