Wall Street analysts expect Tufin Software Technologies Ltd (NYSE:TUFN) to announce earnings of ($0.18) per share for the current quarter, according to Zacks. Six analysts have issued estimates for Tufin Software Technologies’ earnings. The lowest EPS estimate is ($0.18) and the highest is ($0.15). The business is expected to issue its next earnings report on Tuesday, December 3rd.

On average, analysts expect that Tufin Software Technologies will report full-year earnings of ($0.44) per share for the current year, with EPS estimates ranging from ($0.49) to ($0.38). For the next fiscal year, analysts expect that the business will report earnings of ($0.38) per share, with EPS estimates ranging from ($0.45) to ($0.27). Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Tufin Software Technologies.

Tufin Software Technologies (NYSE:TUFN) last posted its quarterly earnings data on Tuesday, September 3rd. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.06. The business had revenue of $25.10 million during the quarter, compared to analyst estimates of $23.99 million. The company’s revenue was up 35.7% compared to the same quarter last year.

Several brokerages have issued reports on TUFN. Zacks Investment Research upgraded shares of Tufin Software Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, August 6th. Barclays restated a “buy” rating and set a $34.00 price objective on shares of Tufin Software Technologies in a research note on Thursday, July 18th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $29.57.

Several large investors have recently added to or reduced their stakes in the stock. River & Mercantile Asset Management LLP acquired a new position in Tufin Software Technologies during the second quarter worth approximately $672,000. Steadfast Capital Management LP bought a new stake in Tufin Software Technologies in the 2nd quarter valued at $20,773,000. Verition Fund Management LLC bought a new stake in Tufin Software Technologies in the 2nd quarter valued at $1,295,000. Waddell & Reed Financial Inc. acquired a new stake in Tufin Software Technologies during the 2nd quarter valued at $9,708,000. Finally, Citadel Advisors LLC acquired a new stake in Tufin Software Technologies during the 2nd quarter valued at $281,000. 26.15% of the stock is owned by institutional investors and hedge funds.

Tufin Software Technologies stock traded up $0.73 during mid-day trading on Friday, reaching $17.97. The company’s stock had a trading volume of 14,071 shares, compared to its average volume of 297,477. Tufin Software Technologies has a 12 month low of $15.15 and a 12 month high of $31.04. The firm’s 50 day simple moving average is $18.66.

About Tufin Software Technologies

Tufin Ltd. provides security policy management solutions. It offers Orchestration Suite, a solution for automatically designing, provisioning, analyzing, and auditing network security changes from the application layer down to the network layer; SecureTrack, a management platform for firewalls, routers, load-balancers, and additional network devices; SecureChange, a solution for automating firewall and router configuration changes across complex networks; SecureApp, a solution that enables organizations to manage network connectivity and security policies; and Tufin Iris, a cloud-native solution that enables cloud operations and IT security teams to gain visibility and control of security policies for cloud-based applications.

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Earnings History and Estimates for Tufin Software Technologies (NYSE:TUFN)

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