Tableau Software, Inc. (DATA) was a big mover last session, as its shares rose over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company, as the stock is now trading over the volatile price range of $58.24 to $63.42 in the past one-month timeframe.
In the last 30 days, the company witnessed two negative estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher lasts.
Tableau Software currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other well-performing stocks in the Internet software industry include F5 Networks, Inc. (FFIV), Support.com, Inc. (SPRT) and TeleCommunication Systems Inc. (TSYS). All three sport a Zacks Rank #1 (Strong Buy).
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