-$0.18 EPS Expected for Tableau Software Inc (DATA) This Quarter

Equities research analysts predict that Tableau Software Inc (NYSE:DATA) will post earnings per share of ($0.18) for the current fiscal quarter, Zacks Investment Research reports. Ten analysts have provided estimates for Tableau Software’s earnings, with estimates ranging from ($0.23) to ($0.11). Tableau Software posted earnings of ($0.03) per share in the same quarter last year, which would indicate a negative year over year growth rate of 500%. The firm is expected to report its next quarterly earnings report on Wednesday, May 2nd.

On average, analysts expect that Tableau Software will report full year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from ($0.05) to $0.19. For the next year, analysts anticipate that the business will post earnings of $0.43 per share, with EPS estimates ranging from $0.09 to $0.74. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Tableau Software.

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Tableau Software (NYSE:DATA) last announced its quarterly earnings results on Thursday, February 1st. The software company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.09. The company had revenue of $249.40 million for the quarter, compared to the consensus estimate of $240.63 million. Tableau Software had a negative return on equity of 23.84% and a negative net margin of 21.16%. The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the firm earned $0.26 EPS.

Several equities research analysts have weighed in on the company. JMP Securities increased their price target on Tableau Software from $77.00 to $94.00 and gave the stock a “market outperform” rating in a research report on Friday, February 2nd. Mizuho increased their target price on shares of Tableau Software from $68.00 to $85.00 and gave the stock a “neutral” rating in a research note on Friday, February 2nd. Stifel Nicolaus reissued a “buy” rating and set a $95.00 target price on shares of Tableau Software in a research note on Friday, February 2nd. Barclays increased their target price on shares of Tableau Software from $82.00 to $98.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Finally, Needham & Company LLC increased their target price on shares of Tableau Software to $113.00 and gave the stock a “buy” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. Tableau Software has a consensus rating of “Hold” and a consensus price target of $82.92.

DATA traded down $2.28 during midday trading on Monday, hitting $78.54. 606,250 shares of the company were exchanged, compared to its average volume of 899,267. The company has a market capitalization of $6,589.66, a P/E ratio of -33.56 and a beta of 0.79. Tableau Software has a 1-year low of $49.24 and a 1-year high of $87.60.

In related news, insider Elissa Fink sold 2,500 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $76.59, for a total value of $191,475.00. Following the transaction, the insider now directly owns 69,844 shares of the company’s stock, valued at approximately $5,349,351.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman Christian Chabot sold 450,000 shares of the firm’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $78.23, for a total transaction of $35,203,500.00. Following the completion of the transaction, the chairman now directly owns 453,536 shares in the company, valued at $35,480,121.28. The disclosure for this sale can be found here. Insiders sold a total of 933,719 shares of company stock worth $73,445,439 over the last ninety days. 24.76% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. The Manufacturers Life Insurance Company raised its holdings in Tableau Software by 7.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,287 shares of the software company’s stock valued at $140,000 after acquiring an additional 167 shares during the last quarter. Archon Capital Management LLC raised its holdings in Tableau Software by 2.8% in the 4th quarter. Archon Capital Management LLC now owns 37,742 shares of the software company’s stock valued at $2,612,000 after acquiring an additional 1,020 shares during the last quarter. State of Wisconsin Investment Board raised its holdings in Tableau Software by 8.5% in the 4th quarter. State of Wisconsin Investment Board now owns 13,203 shares of the software company’s stock valued at $914,000 after acquiring an additional 1,031 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Tableau Software by 50.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,160 shares of the software company’s stock valued at $219,000 after acquiring an additional 1,055 shares during the last quarter. Finally, Garde Capital Inc. raised its holdings in Tableau Software by 9.7% in the 3rd quarter. Garde Capital Inc. now owns 13,517 shares of the software company’s stock valued at $1,012,000 after acquiring an additional 1,200 shares during the last quarter. Institutional investors own 82.90% of the company’s stock.

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Tableau Software 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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