News articles about Tableau Software (NYSE:DATA) have trended somewhat positive on Monday, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tableau Software earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the software company an impact score of 45.1811587526541 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Tableau Software (DATA) Receives Sell Rating from Maxim Group (americanbankingnews.com)
- Tableau Software (DATA) Lowered to “Hold” at BidaskClub (americanbankingnews.com)
- A Look at Tableau Software’s Stock Buyback Program (finance.yahoo.com)
- Tableau Software (DATA) Lifted to “Buy” at BidaskClub (americanbankingnews.com)
- Business intelligence market size is expected to grow USD 26.88 Billion by 2021 (emailwire.com)
Several equities research analysts have recently issued reports on the stock. Monness Crespi & Hardt assumed coverage on shares of Tableau Software in a research note on Wednesday, April 11th. They set a “neutral” rating for the company. ValuEngine upgraded shares of Tableau Software from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. JMP Securities lifted their price objective on shares of Tableau Software from $77.00 to $94.00 and gave the company a “market outperform” rating in a research note on Friday, February 2nd. Mizuho lifted their price objective on shares of Tableau Software from $68.00 to $85.00 and gave the company a “neutral” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research upgraded shares of Tableau Software from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 4th. Eighteen equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $82.92.
Tableau Software (NYSE:DATA) last announced its quarterly earnings results on Thursday, February 1st. The software company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.09. Tableau Software had a negative net margin of 21.16% and a negative return on equity of 23.84%. The firm had revenue of $249.40 million during the quarter, compared to the consensus estimate of $240.63 million. During the same period last year, the firm earned $0.26 EPS. The business’s quarterly revenue was down .5% compared to the same quarter last year. sell-side analysts forecast that Tableau Software will post -1.95 earnings per share for the current fiscal year.
In other news, Chairman Christian Chabot sold 450,000 shares of Tableau Software stock in a transaction on 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 sale, the chairman now directly owns 453,536 shares of the company’s stock, valued at approximately $35,480,121.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Elissa Fink sold 2,500 shares of Tableau Software stock in a transaction on Friday, February 9th. The stock was sold at an average price of $76.59, for a total transaction of $191,475.00. Following the sale, the insider now directly owns 69,844 shares of the company’s stock, valued at $5,349,351.96. The disclosure for this sale can be found here. Over the last three months, insiders sold 933,719 shares of company stock valued at $73,445,439. Insiders own 24.76% of the company’s stock.
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About Tableau Software
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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