Tableau Software Inc (DATA) Expected to Post Earnings of $0.30 Per Share
Analysts expect Tableau Software Inc (NYSE:DATA) to announce earnings of $0.30 per share for the current fiscal quarter, according to Zacks. Eleven analysts have issued estimates for Tableau Software’s earnings, with the highest EPS estimate coming in at $0.41 and the lowest estimate coming in at $0.27. The business is expected to issue its next quarterly earnings results on Thursday, August 1st.
On average, analysts expect that Tableau Software will report full-year earnings of $1.70 per share for the current year, with EPS estimates ranging from $1.59 to $1.85. For the next fiscal year, analysts expect that the firm will report earnings of $2.25 per share, with EPS estimates ranging from $1.91 to $3.38. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Tableau Software.
Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Thursday, May 2nd. The software company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.58) by $0.60. Tableau Software had a negative net margin of 27.58% and a negative return on equity of 25.93%. The firm had revenue of $282.50 million during the quarter, compared to the consensus estimate of $287.24 million. During the same quarter in the previous year, the firm posted $0.07 EPS. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year.
In related news, Director John Mcadam sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $121.17, for a total value of $1,817,550.00. Following the transaction, the director now owns 31,835 shares in the company, valued at $3,857,446.95. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Adam Selipsky sold 1,938 shares of the firm’s stock in a transaction dated Thursday, February 14th. The shares were sold at an average price of $129.31, for a total value of $250,602.78. Following the completion of the transaction, the chief executive officer now owns 225,290 shares in the company, valued at approximately $29,132,249.90. The disclosure for this sale can be found here. In the last quarter, insiders sold 61,933 shares of company stock worth $7,824,956. 12.58% of the stock is owned by company insiders.
A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc grew its stake in shares of Tableau Software by 5.1% in the third quarter. Vanguard Group Inc now owns 6,118,849 shares of the software company’s stock worth $683,720,000 after purchasing an additional 299,635 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Tableau Software by 30.1% during the first quarter. BlackRock Inc. now owns 4,997,006 shares of the software company’s stock worth $636,019,000 after buying an additional 1,155,835 shares during the last quarter. FMR LLC lifted its holdings in shares of Tableau Software by 43.9% during the fourth quarter. FMR LLC now owns 3,984,077 shares of the software company’s stock worth $478,089,000 after buying an additional 1,215,863 shares during the last quarter. Artisan Partners Limited Partnership lifted its holdings in shares of Tableau Software by 5.8% during the first quarter. Artisan Partners Limited Partnership now owns 3,600,954 shares of the software company’s stock worth $458,329,000 after buying an additional 196,207 shares during the last quarter. Finally, Coatue Management LLC lifted its holdings in shares of Tableau Software by 63.2% during the fourth quarter. Coatue Management LLC now owns 2,412,405 shares of the software company’s stock worth $289,489,000 after buying an additional 934,635 shares during the last quarter. 86.89% of the stock is currently owned by hedge funds and other institutional investors.
Shares of DATA stock traded up $1.66 during mid-day trading on Wednesday, reaching $121.44. 8,633 shares of the company’s stock traded hands, compared to its average volume of 1,270,298. Tableau Software has a 12 month low of $91.10 and a 12 month high of $136.92. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.62 and a quick ratio of 2.62. The company has a market cap of $10.05 billion, a price-to-earnings ratio of -38.11 and a beta of 1.19.
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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