Tableau Software (DATA) Getting Somewhat Positive News Coverage, Analysis Shows

Press coverage about Tableau Software (NYSE:DATA) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tableau Software earned a news impact score of 0.17 on Accern’s scale. Accern also assigned media headlines about the software company an impact score of 45.6769669378487 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

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A number of research analysts recently weighed in on DATA shares. Zacks Investment Research lowered Tableau Software from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Mizuho reaffirmed a “hold” rating and set a $68.00 price objective on shares of Tableau Software in a report on Wednesday, January 17th. UBS set a $108.00 price objective on Tableau Software and gave the stock a “buy” rating in a report on Wednesday, February 14th. Maxim Group raised Tableau Software from a “sell” rating to a “hold” rating and upped their price objective for the stock from $40.00 to $88.00 in a report on Friday, February 2nd. Finally, Raymond James started coverage on Tableau Software in a report on Wednesday, January 17th. They set a “market perform” rating on the stock. Eighteen research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $83.96.

Shares of NYSE:DATA traded down $0.57 on Friday, hitting $83.82. The company had a trading volume of 694,516 shares, compared to its average volume of 863,300. Tableau Software has a 52-week low of $53.00 and a 52-week high of $87.60. The company has a market capitalization of $6,939.44, a P/E ratio of -35.82 and a beta of 0.79.

Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Thursday, February 1st. The software company reported $0.12 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.09. Tableau Software had a negative return on equity of 23.84% and a negative net margin of 21.16%. The business had revenue of $249.40 million for the quarter, compared to the consensus estimate of $240.63 million. During the same period in the prior year, the business earned $0.26 earnings per share. The business’s revenue was down .5% on a year-over-year basis. sell-side analysts forecast that Tableau Software will post -1.95 EPS for the current year.

In other news, Director A Brooke Seawell sold 2,010 shares of the company’s stock in a transaction on Monday, February 26th. The stock was sold at an average price of $83.29, for a total value of $167,412.90. Following the sale, the director now directly owns 1,781 shares in the company, valued at $148,339.49. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Damon A. Fletcher sold 1,067 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $83.11, for a total value of $88,678.37. Following the completion of the sale, the chief financial officer now owns 48,902 shares in the company, valued at $4,064,245.22. The disclosure for this sale can be found here. Insiders sold 933,719 shares of company stock worth $73,445,439 over the last 90 days. Company insiders own 28.98% 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.

Insider Buying and Selling by Quarter for Tableau Software (NYSE:DATA)

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