27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Goldman Sachs’ Jesse Hulsing believes Talend SA ADR (NASDAQ: TLND) is well positioned to be a “key beneficiary” of big data and cloud adoption.
Hulsing initiated coverage of the company with a Neutral rating and price target of $31.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The analyst believes the stock has 4 percent upside potential, although it is currently fairly valued, “given its lower growth profile, our lower CFO margin forecasts, and what we view as a less efficient model versus peers.”
Growth Drivers
Hulsing also pointed out that one of the core growth drivers for the company was likely to be the sustainability of big data. Big data and cloud subscriptions are expected to grow to 43 percent of Talend’s subscription revenue by FY18, at a three-year CAGR of 91 percent.
While mentioning that the company’s efficiency was improving, the analyst stated, “TLND’s customer acquisition cost ratio has been improving. Sustained improvement would drive upside to our estimates.”
In addition, Hulsing noted that the company’s free cash flow was positive, with a visible path to GAAP profitability by FY18, driven by a capex-light model, annual billings and low SBC.
Full ratings data available on Benzinga Pro.
Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email feedback@benzinga.com with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.