Talend (NASDAQ:TLND) Target Raised by Goldman Sachs Group Inc to $30.00

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Talend stock has undergone multiple analysts rating changes in the recent past.  Talend stock Target Raised by   Goldman Sachs Group Inc on 6/29/2020. In a note to investors, the firm issued a new target price of $30.00. The analysts previously had $25.00 target price. Goldman Sachs Group Inc’s price target would indicate a potential upside of -14.29% from the stock’s previous close.

Shares of Talend traded down -$0.34 on Monday, reaching $34.55. 229934 shares of the stock traded hands, compared to its average volume of 248522. Shares of were trading at $34.55 on Monday. The firm’s 50 day moving average is $30.81 and its 200 day moving average is 33.6.Talend  has a 12 month low of $34.00 and a 12 month high of $42.90. While on yearly highs and lows, Talend today has traded high as $35.00 and has touched $34.00 on the downward trend.

Talend Earnings and What to expect: 

Talend last released its quarterly earnings results on May 6th, 2020. The technology company reported ($0.13) EPS for the quarter, beating analysts’ consensus estimates of ($0.29) by $0.16. The business earned $68.12 million during the quarter, compared to analysts’ expectations of $64.92 million. Its revenue was up 18.1% compared to the same quarter last year. Talend has generated ($0.68) earnings per share over the last year. Talend has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, August 5th, 2020 based off prior year’s report dates.

Earnings for Talend are expected to grow in the coming year, from ($1.71) to ($1.46) per share. The P/E ratio of Talend is -17.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Talend is -17.35, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Talend has a P/B Ratio of 29.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 4.30%
  • On 6/16/2020 COO Laurent Bride Sell 578 at average share price of $35.47 which equates to $20,501.66 in money value.
  • On 6/16/2020 Director Michael Tuchen Sell 1,471 at average price of  $35.47 with total value of : Not Data Available
  • On 5/29/2020 Director Sudhir Steven Singh Buy 15,000 at average price of  $33.03 with total value of : $495,450.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Talend

  • 5/28/2020 – Talend had its “buy” rating re-affirmed by analysts at Needham & Company LLC. They now have a $48.00 price target on the stock. ()
  • 5/13/2020 – Talend was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating. ()
  • 5/7/2020 – Talend had its price target raised by analysts at Citigroup Inc from $36.00 to $42.00. They now have a “buy” rating on the stock. ()
  • 5/7/2020 – Talend had its price target raised by analysts at Needham & Company LLC from $44.00 to $48.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Goldman Sachs Group Inc: 

  • 6/29/2020 – Bill.com is now covered by analysts at Goldman Sachs Group Inc. They set a “buy” rating and a $34.00 price target on the stock. ()
  • 6/29/2020 – Zuora had its price target raised by analysts at Goldman Sachs Group Inc from $10.00 to $11.00. ()
  • 6/29/2020 – Zendesk had its price target raised by analysts at Goldman Sachs Group Inc from $96.00 to $113.00. ()
  • 6/29/2020 – Workiva had its price target raised by analysts at Goldman Sachs Group Inc from $41.00 to $52.00. ()
  • See More Analyst Rating at: RATING

Talend (NASDAQ:TLND) Moving Average Technical Analysis

5 day Moving Average is $34.54 And 5 day price change is 0.02 (0.0006)  with average volume for 5 day average is 237,357. While technical analysis for average 20 days shows significant difference, 20 day moving average is  34.87 and 20 day price change is 1.86 (0.0563) and average 20 day moving volume is 249,629. 50 day moving average is 30.81  and 50 day price change is 8.94 ( 0.3445)  and with average volume for 50 days is : 267,174. 200 day moving average is 33.6  and 200 day price change is -4.2 (-10.74%)  and with average volume for 200 days is : 321,171.

See More Analyst Rating at: RATING