Brokerages expect that Tableau Software Inc (NYSE:DATA) will post $0.30 earnings per share for the current quarter, Zacks Investment Research reports. Eleven analysts have made estimates for Tableau Software’s earnings, with the highest EPS estimate coming in at $0.34 and the lowest estimate coming in at $0.27. The business is scheduled to issue its next quarterly earnings results on Thursday, August 1st.

According to Zacks, analysts expect that Tableau Software will report full year earnings of $1.71 per share for the current financial year, with EPS estimates ranging from $1.59 to $1.85. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.26 per share, with EPS estimates ranging from $2.00 to $3.38. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Tableau Software.

Tableau Software (NYSE:DATA) last released its quarterly earnings results on Thursday, May 2nd. The software company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.58) by $0.60. The business had revenue of $282.50 million during the quarter, compared to the consensus estimate of $287.24 million. Tableau Software had a negative return on equity of 25.93% and a negative net margin of 27.58%. The business’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.07 EPS.

DATA has been the subject of a number of recent research reports. Bank of America reiterated a “buy” rating and set a $160.00 price objective (up from $152.00) on shares of Tableau Software in a research note on Friday, May 3rd. KeyCorp reiterated a “buy” rating and set a $158.00 price objective on shares of Tableau Software in a research note on Friday, May 3rd. Needham & Company LLC reiterated a “buy” rating and set a $156.00 price objective on shares of Tableau Software in a research note on Friday, May 3rd. ValuEngine cut Tableau Software from a “strong-buy” rating to a “buy” rating in a report on Monday, April 1st. Finally, Goldman Sachs Group assumed coverage on Tableau Software in a report on Friday, June 7th. They issued a “buy” rating and a $146.00 price target on the stock. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Tableau Software currently has an average rating of “Hold” and a consensus target price of $141.29.

Shares of NYSE:DATA traded up $1.32 during mid-day trading on Friday, reaching $165.55. 3,077,203 shares of the company traded hands, compared to its average volume of 1,384,661. The company has a market cap of $10.79 billion, a PE ratio of -51.90 and a beta of 1.19. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.25. Tableau Software has a 52 week low of $92.01 and a 52 week high of $173.37.

In other Tableau Software news, Director Hilarie A. Koplow sold 228 shares of the stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $122.03, for a total value of $27,822.84. Following the completion of the sale, the director now directly owns 8,734 shares in the company, valued at $1,065,810.02. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Adam Selipsky sold 11,828 shares of the stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $122.08, for a total value of $1,443,962.24. Following the completion of the sale, the insider now owns 239,813 shares of the company’s stock, valued at $29,276,371.04. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 57,781 shares of company stock worth $6,962,045. 12.58% of the stock is owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Morgan Stanley grew its stake in shares of Tableau Software by 7.9% during the 3rd quarter. Morgan Stanley now owns 84,584 shares of the software company’s stock valued at $9,451,000 after acquiring an additional 6,209 shares during the period. Vanguard Group Inc boosted its position in shares of Tableau Software by 5.1% in the 3rd quarter. Vanguard Group Inc now owns 6,118,849 shares of the software company’s stock valued at $683,720,000 after purchasing an additional 299,635 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Tableau Software by 7.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,927 shares of the software company’s stock valued at $591,000 after acquiring an additional 334 shares during the last quarter. Oppenheimer & Co. Inc. purchased a new stake in Tableau Software during the 4th quarter valued at approximately $373,000. Finally, Gamco Investors INC. ET AL raised its stake in shares of Tableau Software by 68.9% during the 4th quarter. Gamco Investors INC. ET AL now owns 9,046 shares of the software company’s stock worth $1,086,000 after buying an additional 3,690 shares in the last quarter. Institutional investors own 88.66% of the company’s stock.

About Tableau Software

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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