Mark Holder
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Mark Holder in Out Fox The $treet,

Will Tableau Software Close The Big Gap?

Tableau Software (DATA) was crushed to start the year on tepid guidance. At the time, my research highlighted how the stock was due for a rerating as the revenue growth decelerated. The stock should've never traded above $100, but the valuation sure was appealing in early February. 

The reality is that Tableau Software is unlikely to close the big gap to $80 anytime soon. The stock trades at 100x 2017 EPS estimates and a more reasonable 4x sales estimates. A big jump to $80 seems highly unlikely, but the stock is interesting at a pivot point that could break the downtrend. 

Disclosure: No Position