DATA stock: buy or sell?

DATA stock price: $169.53 -2.03% At close on July 31st, 2019

Updated on:
July 31st, 2019

3

Tableau Software dropped a fateful -2.03% and closed at $169.53.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

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.
Is DATA a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-12Berenberg Bankn/aBuy
2019-7-2Sanford C. BernsteinOutperformMarket Perform
2019-6-7KeyCorpn/aOverweight
2019-6-7KeyCorpn/aOverweight
2019-6-7Goldman Sachs Groupn/aBuy
2019-6-19UBS GroupBuyNeutral
2019-6-12First AnalysisOutperformNeutral
2019-6-12CitigroupBuyNeutral
2019-6-10Needham & Company LLCBuyHold
2019-5-3KeyCorpn/aBuy
2019-5-3Bank of AmericaBuyBuy
2019-2-7Maxim Groupn/aHold
2019-2-6Wells Fargo & Con/aMarket Perform
2019-2-6Stifel Nicolausn/aBuy
2019-2-6JPMorgan Chase & Co.n/aOverweight

DATA stock analysis

Daily outlook

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.

DATA stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $150.50

Predicting 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:
DATA stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-7KeyCorpReiterates$158.00$165.004.4%
2019-6-7KeyCorpRaises Target$158.00$165.004.4%
2019-6-7Goldman Sachs GroupInitiatesn/a$146.00-
2019-5-3KeyCorpReiteratesn/a$158.00-
2019-5-3Bank of AmericaReiterates$152.00$160.005.3%
2019-2-6Wells Fargo & CoReiterates$110.00$125.0013.6%
2019-2-6Stifel NicolausRaises Targetn/a$145.00-
2019-2-6JPMorgan Chase & Co.Raises Targetn/a$140.00-
(in average)$144.50$150.504.0%
Moving in a range from $165.00 and $125.00, the price prediction for Tableau Software stock is $150.50. In average, analysts' outlook on DATA price target is positive, improving the target by a 4.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
DATA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.54n/a
2017-Q32017-11-020.090.08-11.1%
2017-Q42018-02-010.030.12300.0%
2018-Q12018-05-02-0.69-0.73n/a
2018-Q22018-08-02-0.66-0.71n/a
2018-Q32018-11-06-0.67-0.82n/a
2018-Q42019-02-05-0.68-0.78n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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.

DATA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$232 M-$7.08 M3.0%-
2014$413 M77.52%$5.87 M1.4%-17.05%
2015$654 M58.40%$-83.70 M-12.8%-1,525.17%
2016$827 M26.52%$-144.45 M-17.5%72.58%
2017$877 M6.06%$-185.56 M-21.2%28.46%
2018$1,155 M31.73%$-77.04 M-6.7%-58.48%

Quarterly financial results

Tableau 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.
DATA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$213 M-$-42.52 M-20.0%-
2017-Q3$215 M0.96%$-46.55 M-21.7%9.48%
2017-Q4$249 M16.02%$-41.84 M-16.8%-10.13%
2018-Q1$246 M-1.26%$-46.47 M-18.9%11.08%
2018-Q2$282 M14.66%$-12.07 M-4.3%-74.04%
2018-Q3$291 M2.94%$-21.34 M-7.3%76.84%
2018-Q4$336 M15.73%$2.83 M0.8%-113.28%
2019-Q1$282 M-16.00%$-88.88 M-31.5%-3,237.38%

Tableau Software ownership

When 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:

DATA
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

DATA summary

Wednesday, July 31st, 2019
Open$173.20
Close$169.53
Day range$167.96 - $174.07
Previous close$173.04
Session gain-2.03%
Average true range$3.78
50d mov avg$155.51
100d mov avg$140.06
200d mov avg$129.41
Daily pattern
Weekly pattern lt06a

Tableau Software performance

To measure stock performance is always good to benchmark with competitors or related stocks. We compared Tableau Software against in the following table:
Stock3m6m12m
DATATableau Software34.75%29.98%64.85%

Tableau Software competitors

Unfortunately, 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.

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