The stock of Tableau Software Inc (NYSE:DATA) is a huge mover today! About 2.07M shares traded hands or 102.94% up from the average. Tableau Software Inc (NYSE:DATA) has risen 8.15% since March 16, 2016 and is uptrending. It has outperformed by 2.61% the S&P500.
The move comes after 6 months positive chart setup for the $3.78B company. It was reported on Oct, 19 by Barchart.com. We have $61.73 PT which if reached, will make NYSE:DATA worth $869.40 million more.
Analysts await Tableau Software Inc (NYSE:DATA) to report earnings on November, 3. They expect $-0.35 EPS, down 84.21% or $0.16 from last year’s $-0.19 per share. After $-0.62 actual EPS reported by Tableau Software Inc for the previous quarter, Wall Street now forecasts -43.55% EPS growth.
Tableau Software Inc (NYSE:DATA) Ratings Coverage
Out of 31 analysts covering Tableau Software (NYSE:DATA), 16 rate it a “Buy”, 2 “Sell”, while 13 “Hold”. This means 52% are positive. Tableau Software has been the topic of 59 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Mizuho maintained Tableau Software Inc (NYSE:DATA) on Thursday, July 30 with “Neutral” rating. The firm has “Market Perform” rating by Cowen & Co given on Friday, June 24. Vetr upgraded the shares of DATA in a report on Wednesday, September 2 to “Strong-Buy” rating. The firm has “Buy” rating given on Friday, May 6 by UBS. Vetr downgraded it to “Strong-Buy” rating and $104.05 target price in Wednesday, August 26 report. The stock has “Buy” rating given by Deutsche Bank on Monday, August 17. Wedbush maintained it with “Outperform” rating and $65 target price in Friday, October 14 report. The stock of Tableau Software Inc (NYSE:DATA) has “Outperform” rating given on Friday, September 18 by Wedbush. The firm has “Neutral” rating by Citigroup given on Wednesday, July 20. Brean Capital initiated Tableau Software Inc (NYSE:DATA) on Tuesday, January 12 with “Hold” rating.
According to Zacks Investment Research, “Tableau Software, Inc. engages in providing analytics and data visualization software. The company offers Tableau Desktop, Tableau Server and Tableau Public. It also provides related maintenance and support, and professional and training services. The Company’s product helps a single user on a laptop analyze data from a simple spreadsheet, or to enable thousands of users across an enterprise to execute queries against databases. Tableau Software, Inc. is headquartered in Seattle, Washington.”
Insitutional Activity: The institutional sentiment decreased to 0.8 in 2016 Q2. Its down 0.17, from 0.97 in 2016Q1. The ratio turned negative, as 58 funds sold all Tableau Software Inc shares owned while 75 reduced positions. 42 funds bought stakes while 65 increased positions. They now own 52.58 million shares or 4.68% more from 50.23 million shares in 2016Q1.
Point72 Asia (Hong Kong) Limited accumulated 32 shares or 0% of the stock. Teachers Advsr Inc last reported 0.01% of its portfolio in the stock. The Illinois-based Ubs Asset Management Americas has invested 0% in Tableau Software Inc (NYSE:DATA). Boothbay Fund Ltd Com last reported 4,938 shares in the company. Hollencrest Securities Ltd Limited Liability Company owns 6,979 shares or 0.05% of their US portfolio. Northern last reported 246,863 shares in the company. Trexquant Invest Lp accumulated 27,081 shares or 0.17% of the stock. Westpac Corp holds 0% of its portfolio in Tableau Software Inc (NYSE:DATA) for 33,852 shares. Sg Americas Ltd Liability holds 0% or 5,752 shares in its portfolio. First Interstate Bank has 0% invested in the company for 100 shares. Janus Capital Management Lc accumulated 0% or 7,200 shares. Coatue Mgmt Lc holds 0.4% of its portfolio in Tableau Software Inc (NYSE:DATA) for 571,140 shares. Carroll Fin has 0.01% invested in the company for 1,354 shares. Tiaa Cref Investment Management Lc accumulated 0.01% or 244,504 shares. Commerzbank Aktiengesellschaft Fi last reported 23,109 shares in the company.
DATA Company Profile
Tableau Software, Inc. (Tableau), incorporated on July 19, 2004, offers software products. The Company’s 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 Company’s Live Query and In-Memory Data Engines technologies. The Company’s products are Tableau Desktop, a self-service analytics product; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service (SaaS) version of Tableau Server; Tableau Public, a cloud platform for analyzing and sharing public data, and Vizable, an iPhone operating software (iOS) application used to analyze data on a tablet. The Company’s products are used by people across a range of organizations, including small and medium-sized businesses, government agencies, universities, research institutions and non-profits
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