KeyCorp reissued their buy rating on shares of Tableau Software (NYSE:DATA) in a research note released on Friday, May 3rd, AnalystRatings.com reports. KeyCorp currently has a $158.00 target price on the software company’s stock.
Other equities analysts have also recently issued reports about the company. BTIG Research raised their price objective on Tableau Software to $150.00 and gave the company a buy rating in a report on Wednesday, February 6th. Stifel Nicolaus raised their price objective on Tableau Software to $145.00 and gave the company a buy rating in a report on Wednesday, February 6th. Bank of America reissued a buy rating and set a $145.00 price objective on shares of Tableau Software in a report on Wednesday, February 6th. Deutsche Bank raised their price objective on Tableau Software to $140.00 and gave the company a buy rating in a report on Wednesday, February 6th. Finally, Zacks Investment Research raised Tableau Software from a hold rating to a buy rating and set a $133.00 price target on the stock in a research note on Thursday, January 3rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of Buy and a consensus price target of $135.43.
Shares of NYSE:DATA traded up $1.01 on Friday, hitting $124.00. The company’s stock had a trading volume of 1,265,953 shares, compared to its average volume of 1,229,877. The stock has a market cap of $10.46 billion, a P/E ratio of -38.87 and a beta of 1.19. The company has a quick ratio of 2.58, a current ratio of 2.62 and a debt-to-equity ratio of 0.25. Tableau Software has a 1 year low of $91.10 and a 1 year high of $136.92.
Tableau Software (NYSE:DATA) last announced its quarterly earnings data on Thursday, May 2nd. The software company reported $0.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.58) by $0.60. The company had revenue of $282.50 million for the quarter, compared to analysts’ expectations of $287.24 million. Tableau Software had a negative return on equity of 25.93% and a negative net margin of 27.58%. Tableau Software’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the firm posted $0.07 EPS. On average, equities research analysts expect that Tableau Software will post -0.81 EPS for the current fiscal year.
In other news, Chairman Christian Chabot sold 200,000 shares of Tableau Software stock in a transaction that occurred on Monday, February 11th. The stock was sold at an average price of $121.48, for a total value of $24,296,000.00. Following the sale, the chairman now directly owns 203,536 shares in the company, valued at approximately $24,725,553.28. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Hilarie A. Koplow sold 228 shares of Tableau Software stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $126.67, for a total value of $28,880.76. Following the sale, the director now owns 8,962 shares in the company, valued at $1,135,216.54. The disclosure for this sale can be found here. Over the last quarter, insiders sold 457,046 shares of company stock worth $55,828,508. Corporate insiders own 12.58% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Carroll Financial Associates Inc. boosted its position in shares of Tableau Software by 69.4% during the first quarter. Carroll Financial Associates Inc. now owns 271 shares of the software company’s stock valued at $34,000 after purchasing an additional 111 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in shares of Tableau Software during the fourth quarter valued at approximately $39,000. Neuburgh Advisers LLC bought a new stake in shares of Tableau Software during the fourth quarter valued at approximately $46,000. Pittenger & Anderson Inc. boosted its position in shares of Tableau Software by 100.0% during the first quarter. Pittenger & Anderson Inc. now owns 500 shares of the software company’s stock valued at $64,000 after purchasing an additional 250 shares in the last quarter. Finally, Rehmann Capital Advisory Group boosted its position in shares of Tableau Software by 58.2% during the fourth quarter. Rehmann Capital Advisory Group now owns 571 shares of the software company’s stock valued at $69,000 after purchasing an additional 210 shares in the last quarter. Institutional investors own 86.20% of the company’s stock.
Tableau Software Company Profile
Tableau Software, Inc, together with its subsidiaries, provides business analytics software products. It offers Tableau Desktop, a self-service, powerful analytics product with data; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service version of Tableau Server; Tableau Prep, a data preparation product for combining, shaping, and cleaning data; and Tableau Public, a cloud-based platform for analyzing and sharing public data.
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