Cloudera (CLDR) Receiving Somewhat Favorable News Coverage, Accern Reports
Media coverage about Cloudera (NASDAQ:CLDR) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cloudera earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.9279494399507 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Cloudera : Files Registration Statement for Proposed Follow-on Offering (4-traders.com)
- Cloudera Files Registration Statement for Proposed Follow-on Offering (finance.yahoo.com)
- Cloudera announces follow-on offering of shares (finance.yahoo.com)
- Heptio picks up $25 million Series B (tuxmachines.org)
- Cloudera Joins Open Source Eclipse IoT Community (finance.yahoo.com)
CLDR has been the subject of several recent research reports. Deutsche Bank AG initiated coverage on shares of Cloudera in a report on Tuesday, May 23rd. They set a “buy” rating and a $25.00 target price for the company. Citigroup Inc. initiated coverage on shares of Cloudera in a report on Tuesday, May 23rd. They set a “neutral” rating and a $23.00 target price for the company. J P Morgan Chase & Co initiated coverage on shares of Cloudera in a report on Tuesday, May 23rd. They set an “overweight” rating and a $24.00 target price for the company. Stifel Nicolaus initiated coverage on shares of Cloudera in a report on Tuesday, May 23rd. They set a “buy” rating and a $24.00 target price for the company. Finally, Raymond James Financial, Inc. initiated coverage on shares of Cloudera in a report on Tuesday, May 23rd. They set an “outperform” rating and a $23.00 target price for the company. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $23.00.
Shares of Cloudera (NASDAQ CLDR) opened at 18.38 on Friday. The company has a 50-day moving average of $18.27 and a 200-day moving average of $18.66. Cloudera has a 1-year low of $15.40 and a 1-year high of $23.35. The firm’s market cap is $2.47 billion.
Cloudera (NASDAQ:CLDR) last released its quarterly earnings results on Thursday, September 7th. The company reported ($0.17) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.08. The company had revenue of $89.80 million for the quarter, compared to analysts’ expectations of $85.72 million. The business’s revenue was up 39.2% compared to the same quarter last year. Analysts predict that Cloudera will post ($0.93) earnings per share for the current fiscal year.
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