Tableau Software (DATA) Receiving Somewhat Favorable Media Coverage, Study Shows

Press coverage about Tableau Software (NYSE:DATA) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Tableau Software earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media stories about the software company an impact score of 47.0597117467996 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

Tableau Software (NYSE:DATA) traded up $0.82 during midday trading on Friday, hitting $74.52. 735,900 shares of the stock were exchanged, compared to its average volume of 695,633. The stock has a market capitalization of $5,940.00, a price-to-earnings ratio of -35.32 and a beta of 0.82. Tableau Software has a 1-year low of $44.02 and a 1-year high of $82.32.

Tableau Software (NYSE:DATA) last posted its quarterly earnings results on Thursday, November 2nd. The software company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.07. The business had revenue of $214.90 million during the quarter, compared to analyst estimates of $219.43 million. Tableau Software had a negative net margin of 18.76% and a negative return on equity of 20.89%. The firm’s revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.16 earnings per share. analysts anticipate that Tableau Software will post -1.63 EPS for the current fiscal year.

DATA has been the subject of several research reports. Bank of America raised their price objective on shares of Tableau Software from $84.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, October 18th. KeyCorp restated a “buy” rating and set a $85.00 price objective on shares of Tableau Software in a research report on Friday, October 6th. Barclays restated a “buy” rating and set a $80.00 price objective on shares of Tableau Software in a research report on Wednesday, October 11th. Zacks Investment Research lowered shares of Tableau Software from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. Finally, Royal Bank of Canada restated a “hold” rating and set a $75.00 price objective on shares of Tableau Software in a research report on Wednesday, November 15th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $72.11.

In other news, CFO Thomas E. Walker, Jr. sold 8,426 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $70.92, for a total value of $597,571.92. Following the completion of the sale, the chief financial officer now directly owns 137,478 shares of the company’s stock, valued at $9,749,939.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Thomas E. Walker, Jr. sold 5,000 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $71.39, for a total transaction of $356,950.00. Following the completion of the sale, the chief financial officer now directly owns 137,478 shares of the company’s stock, valued at $9,814,554.42. The disclosure for this sale can be found here. Insiders sold 692,286 shares of company stock valued at $48,819,636 over the last three months. 24.76% of the stock is owned by insiders.

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About Tableau Software

Tableau Software, Inc (Tableau) offers software products. The Company’s products are used by people of diverse skill levels across all kinds of organizations. The Company’s products are used by people of skill levels across all kinds of organizations. Its technologies include visual query language (VizQL) and Hybrid Data Architecture.

Insider Buying and Selling by Quarter for Tableau Software (NYSE:DATA)

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