Tableau Software Inc (DATA) was Initiated by Macquarie to “Neutral” and the brokerage firm has set the Price Target at $56. Macquarie advised their investors in a research report released on Apr 26, 2016.
Many Wall Street Analysts have commented on Tableau Software Inc. Tableau Software Inc was Initiated by Macquarie to “Neutral” on Mar 4, 2016. BMO Capital Markets Initiated Tableau Software Inc on Mar 4, 2016 to “Market Perform”, Price Target of the shares are set at $50.Shares were Reiterated by Barclays on Feb 10, 2016 to “Overweight” and Lowered the Price Target to $ 59 from a previous price target of $67 .
On the company’s financial health, Tableau Software Inc reported $0.33 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Feb 4, 2016. Analyst had a consensus of $0.15. The company had revenue of $202.80 million for the quarter, compared to analysts expectations of $200.66 million. The company’s revenue was up 41.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.
Tableau Software Inc opened for trading at $49.23 and hit $50.25 on the upside on Friday, eventually ending the session at $49.85, with a gain of 0.52% or 0.26 points. The heightened volatility saw the trading volume jump to 14,96,635 shares. Company has a market cap of $3,696 M.
In a different news, on Feb 18, 2016, Thomas E Jr Walker (Chief Financial Officer) sold 2,537 shares at $40.39 per share price. According to the SEC, on Feb 18, 2016, Kelly Wright (Executive VP, Sales) sold 1,735 shares at $40.42 per share price. On Feb 18, 2016, Chris Stolte (CDO and Co-Founder) sold 103 shares at $40.40 per share price, according to the Form-4 filing with the securities and exchange commission.
Tableau Software Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop a self-service analytics product Tableau Server a business intelligence platform for organizations Tableau Online a cloud-based version of Tableau Server and Tableau Public a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations including Fortune 500 corporations small and medium-sized businesses government agencies universities research institutions and non-profits. The Companys technologies include visual query language (VizQL) a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually and Hybrid Data Architecture which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.