Talend (TLND) Sets New 1-Year Low at $35.28

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Talend SA (NASDAQ:TLND) shares hit a new 52-week low during trading on Monday . The stock traded as low as $35.28 and last traded at $35.56, with a volume of 5334 shares traded. The stock had previously closed at $37.40.

Several brokerages have recently commented on TLND. KeyCorp reissued an “overweight” rating and set a $52.00 price objective (down previously from $61.00) on shares of Talend in a report on Monday. They noted that the move was a valuation call. BidaskClub raised Talend from a “hold” rating to a “buy” rating in a research note on Saturday, September 8th. Needham & Company LLC upped their target price on Talend from $64.00 to $71.00 and gave the stock a “buy” rating in a research note on Tuesday, August 7th. Citigroup set a $86.00 target price on Talend and gave the stock a “buy” rating in a research note on Tuesday, September 18th. Finally, Zacks Investment Research raised Talend from a “sell” rating to a “hold” rating in a research note on Thursday, August 30th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the company’s stock. Talend has an average rating of “Hold” and an average target price of $59.83.

The company has a market capitalization of $1.09 billion, a PE ratio of -34.88 and a beta of 0.74. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.03.

Talend (NASDAQ:TLND) last released its quarterly earnings data on Wednesday, November 7th. The technology company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.01. The firm had revenue of $52.07 million during the quarter, compared to analyst estimates of $51.84 million. Talend had a negative return on equity of 153.54% and a negative net margin of 20.40%. The business’s quarterly revenue was up 32.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. Analysts predict that Talend SA will post -1.1 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in TLND. Atria Investments LLC purchased a new stake in shares of Talend during the second quarter valued at approximately $325,000. Fred Alger Management Inc. purchased a new stake in shares of Talend during the second quarter valued at approximately $3,273,000. Sit Investment Associates Inc. purchased a new stake in shares of Talend during the second quarter valued at approximately $1,009,000. Diversified Trust Co purchased a new stake in shares of Talend during the second quarter valued at approximately $206,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Talend during the second quarter valued at approximately $10,995,000. 78.74% of the stock is owned by hedge funds and other institutional investors.

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About Talend (NASDAQ:TLND)

Talend SA provides platform to address IT integration needs in various industries. 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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