DATA stock: buy or sell?
July 31st, 2019
Tableau Software, Inc. provides business analytics software products. It offers Tableau Desktop, a self-service analytics product that empowers people to access and analyze data independently; and Tableau Server, a business intelligence platform with data management and scalability to foster sharing of analytics, as well as to improve the dissemination of information across an organization and promote improved decision-making.
Should I buy DATA stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Tableau Software stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Tableau Software stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we collected 15 ratings published for DATA stock in the last month. The general sentiment of these ratings is bullish for DATA stock, with 8 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-2||Sanford C. Bernstein||Outperform||Market Perform|
|2019-6-7||Goldman Sachs Group||n/a||Buy|
|2019-6-10||Needham & Company LLC||Buy||Hold|
|2019-5-3||Bank of America||Buy||Buy|
|2019-2-6||Wells Fargo & Co||n/a||Market Perform|
|2019-2-6||JPMorgan Chase & Co.||n/a||Overweight|
DATA stock analysis
Tableau Software shares dropped -2.03% to $169.53 on July.
Tableau Software closed on July at $169.53 and dropped a fateful -2.03%. On June DATA price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since SMA50d and SMA100d crossed up on June, DATA price climbed $1.10 per share (0.65%). On July, DATA hit new all time highs, pushing higher previous ATH of $175.59 recorded on July. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Tableau Software fell a shocking -3.75% this week. By mid June DATA rocketed a super good 23.30% in just one week.
Tableau Software stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Tableau Software marked by mid July. Early June DATA price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since mid June when SMA10w and SMA20w crossed up, DATA price gained $6.28 per share (3.85%).
DATA stock price history
DATA IPO was on May 17th, 2013 at $47.00 per share1. Since then, DATA stock grew a 260.70%, with a yearly average of 43.50%. If you had invested right after DATA's IPO a $1,000 in DATA stock in 2013, it would worth $2,607.00 today.
1: Adjusted price after possible price splits or reverse-splits.
DATA stock historical price chart
DATA stock reached all-time highs on July with a price of $177.59.
DATA stock price target is $150.50Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' DATA stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 8 price forecasts for Tableau Software stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-7||Goldman Sachs Group||Initiates||n/a||$146.00||-|
|2019-5-3||Bank of America||Reiterates||$152.00||$160.00||5.3%|
|2019-2-6||Wells Fargo & Co||Reiterates||$110.00||$125.00||13.6%|
|2019-2-6||Stifel Nicolaus||Raises Target||n/a||$145.00||-|
|2019-2-6||JPMorgan Chase & Co.||Raises Target||n/a||$140.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Tableau Software reported its latest financial data, posting a shining growth for the Earnings per Share (EPS) ratio. Experts expected $-0.68 per share, but Tableau Software posted $-0.78.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Tableau Software annual revenues climbed an extraordinary 31.73% to $1,155.35 million dollars from $877.06 marked in 2017. Likewise, its earnings margin (compared to revenues) boosted to -6.67%, that is $-77.04 million.
|2013||$232 M||-||$7.08 M3.0%||-|
|2014||$413 M||77.52%||$5.87 M1.4%||-17.05%|
|2015||$654 M||58.40%||$-83.70 M-12.8%||-1,525.17%|
|2016||$827 M||26.52%||$-144.45 M-17.5%||72.58%|
|2017||$877 M||6.06%||$-185.56 M-21.2%||28.46%|
|2018||$1,155 M||31.73%||$-77.04 M-6.7%||-58.48%|
Quarterly financial resultsTableau Software posted $336.28 M in revenues for 2018-Q4, a 15.73% improvement compared to previous quarter. Reported quarter earnings marked $2.83 million with a profit margin of 0.84%. Profit margin escalated a 8.19% compared to previous quarter when profit margin was -7.34%. When comparing revenues to same quarter last year, Tableau Software sales marked an astounding gain and skyrocketed a 34.86%. Looking back to recent quarterly results, Tableau Software posted 3 positive quarters in a row.
|2017-Q2||$213 M||-||$-42.52 M-20.0%||-|
|2017-Q3||$215 M||0.96%||$-46.55 M-21.7%||9.48%|
|2017-Q4||$249 M||16.02%||$-41.84 M-16.8%||-10.13%|
|2018-Q1||$246 M||-1.26%||$-46.47 M-18.9%||11.08%|
|2018-Q2||$282 M||14.66%||$-12.07 M-4.3%||-74.04%|
|2018-Q3||$291 M||2.94%||$-21.34 M-7.3%||76.84%|
|2018-Q4||$336 M||15.73%||$2.83 M0.8%||-113.28%|
|2019-Q1||$282 M||-16.00%||$-88.88 M-31.5%||-3,237.38%|
Tableau Software ownershipWhen you are planning to invest in shares of a stock, it's always worth to have a look its ownership structure.
Tableau Software shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
The following table compares ownership indicators for other stocks related to Tableau Software:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Wednesday, July 31st, 2019|
|Day range||$167.96 - $174.07|
|Average true range||$3.78|
|50d mov avg||$155.51|
|100d mov avg||$140.06|
|200d mov avg||$129.41|
Tableau Software performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We compared Tableau Software against in the following table:
Tableau Software competitorsUnfortunately, we could not find any public company that could be defined as Tableau Software competitor. This doesn't mean Tableau Software does not have any competitor in the market, it's just we could not detected it.
Latest DATA stock news
- InvestorPlaceSalesforce Nabs Tableau Software for $15.7 Billion. Now What?June 10, 2019