Hortonworks (HDP) Given News Impact Rating of 0.13
Media stories about Hortonworks (NASDAQ:HDP) have trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Hortonworks earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the software maker an impact score of 45.7401815297082 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- Hortonworks, Inc. (HDP) is at $17.04 per share and Sonus Networks, Inc. (SONS) is listed at $7.33 – Stocks Gallery (stocksgallery.com)
- Hortonworks, Inc. (HDP) Rating Reiterated by Drexel Hamilton (americanbankingnews.com)
- Hortonworks, Inc. (HDP) Stock Price trades 44.21% off from 200 … – Voice Of Analysts (analystsbuzz.com)
- Hortonworks Introduces Real-Time Cybersecurity Threat Detection with Extensible Open Data Models – Markets Insider (markets.businessinsider.com)
- Technical & System Software Stock Performance Review … – Markets Insider (markets.businessinsider.com)
Several brokerages recently issued reports on HDP. BidaskClub upgraded shares of Hortonworks from a “hold” rating to a “buy” rating in a report on Wednesday, September 6th. Credit Suisse Group began coverage on shares of Hortonworks in a report on Tuesday, September 5th. They issued an “outperform” rating and a $20.00 target price on the stock. Drexel Hamilton restated a “buy” rating and issued a $22.00 target price on shares of Hortonworks in a report on Thursday. Needham & Company LLC restated a “buy” rating and issued a $25.00 target price on shares of Hortonworks in a report on Sunday, September 10th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $16.00 target price on shares of Hortonworks in a report on Sunday, September 17th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and fourteen have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $18.13.
Hortonworks (HDP) opened at 16.97 on Friday. The firm has a 50-day moving average of $15.70 and a 200 day moving average of $12.78. Hortonworks has a 52-week low of $6.42 and a 52-week high of $17.70. The company’s market capitalization is $702.00 million.
Hortonworks (NASDAQ:HDP) last released its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.87) EPS for the quarter, meeting the consensus estimate of ($0.87). The business had revenue of $61.83 million for the quarter, compared to the consensus estimate of $57.62 million. Hortonworks had a negative net margin of 107.07% and a negative return on equity of 765.37%. The business’s revenue for the quarter was up 41.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.72) EPS. Equities analysts predict that Hortonworks will post ($1.72) earnings per share for the current fiscal year.
In other news, CEO Robert G. Bearden sold 250,000 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $17.13, for a total value of $4,282,500.00. Following the sale, the chief executive officer now directly owns 341,747 shares of the company’s stock, valued at approximately $5,854,126.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Scott Reasoner sold 2,302 shares of the company’s stock in a transaction on Friday, June 30th. The shares were sold at an average price of $13.01, for a total transaction of $29,949.02. Following the completion of the sale, the insider now directly owns 177,757 shares in the company, valued at $2,312,618.57. The disclosure for this sale can be found here. Insiders sold a total of 754,264 shares of company stock worth $12,138,734 over the last ninety days. Insiders own 26.00% of the company’s stock.
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Hortonworks Company Profile
Hortonworks, Inc is a provider and distributor of enterprise-scale data management software platforms. The Company’s product offerings include Hortonworks Data Platform (HDP), Hortonworks Sandbox and Hortonworks DataFlow Platform (HDF). It provides support subscription offerings and related professional services for its enterprise-scale Connected Data Platforms, such as HDP and HDF.
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