Tableau Software, Inc. – NYSE: DATA
Tableau Software shares are up over 15% in pre-market trading on the back of financial results which beat street estimates. Shares ended Wednesday at $48.46 but are trading above $55 in pre-market trading today. Shares of DATA, traded on the Nasdaq, have an average daily volume of close to 1 million shares but Thursday almost 2.4 million shares traded hands.
Seattle, WA-based Tableau Software provides business analytics software products. The global company sells its products directly, as well as through technology vendors, resellers, original equipment manufacturers, and independent software vendor partners.
Tableau Software reported 4th quarter EPS of $0.26 – beating the street expectation of $0.13. Reported revenues were $250.7 million versus the street estimate of $230.3 million. Reported sales have increased annually since 2011 when Tableau posted a figure of $62.4 million – in 2015 sales were $653.6 million. Shares of DATA earnings have not been as impressive. EPS for data shareholders had not risen above $0.15 from 2011-2014 and in 2015 there was a loss posted of $1.17. Tableau Software is followed by 26 firms. Eight rate DATA shares as a “Strong Buy”, 15 rate the shares as a “Buy”, and three rate DATA Shares as a “Sell”. The analust’s consensus price target is $55.
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|Last Price a/o 8:09 AM EST||$ 55.50|
|Market Cap (mlns)||$ 3,670.00|
|Shares Outstanding (mlns)||76.09|
|Share Float (mlns)||56.92|
|Short Interest Ratio||4.89|