Cloudera (NYSE:CLDR) had its price target lifted by Deutsche Bank from $8.00 to $11.00 in a research note issued to investors on Friday morning, The Fly reports. They currently have a hold rating on the stock.

CLDR has been the subject of a number of other reports. Zacks Investment Research cut Cloudera from a hold rating to a sell rating in a research note on Monday, November 18th. Morgan Stanley lifted their price objective on shares of Cloudera from $9.00 to $11.00 and gave the stock an equal weight rating in a research note on Tuesday, December 3rd. ValuEngine cut shares of Cloudera from a strong-buy rating to a buy rating in a report on Wednesday, December 4th. Needham & Company LLC reaffirmed a hold rating on shares of Cloudera in a research note on Wednesday, September 25th. Finally, JPMorgan Chase & Co. upped their target price on shares of Cloudera from $8.00 to $9.00 and gave the company a neutral rating in a research note on Thursday, September 5th. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of $11.75.

CLDR stock opened at $10.88 on Friday. Cloudera has a twelve month low of $4.89 and a twelve month high of $15.43. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.37 and a quick ratio of 1.37. The business’s fifty day moving average is $9.11 and its 200-day moving average is $7.65.

Cloudera (NYSE:CLDR) last announced its quarterly earnings data on Thursday, December 5th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.22. The business had revenue of $198.30 million during the quarter, compared to analysts’ expectations of $189.08 million. Cloudera had a negative return on equity of 19.19% and a negative net margin of 49.22%. The firm’s quarterly revenue was up 67.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.03) earnings per share. On average, equities research analysts forecast that Cloudera will post -1.05 EPS for the current year.

In other Cloudera news, CAO Scott Reasoner sold 6,397 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $8.78, for a total value of $56,165.66. Following the completion of the sale, the chief accounting officer now owns 102,675 shares in the company, valued at $901,486.50. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders have sold 14,862 shares of company stock worth $132,168 over the last ninety days. Insiders own 17.90% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in CLDR. Icahn Carl C bought a new stake in shares of Cloudera in the 3rd quarter valued at about $485,485,000. BlackRock Inc. lifted its stake in Cloudera by 4.6% in the 2nd quarter. BlackRock Inc. now owns 26,724,583 shares of the company’s stock valued at $140,572,000 after purchasing an additional 1,178,920 shares during the last quarter. Vanguard Group Inc. grew its holdings in Cloudera by 1.9% during the second quarter. Vanguard Group Inc. now owns 21,060,473 shares of the company’s stock worth $110,777,000 after purchasing an additional 386,028 shares during the period. Invesco Ltd. grew its holdings in Cloudera by 1,472.4% during the second quarter. Invesco Ltd. now owns 8,740,051 shares of the company’s stock worth $45,972,000 after purchasing an additional 8,184,205 shares during the period. Finally, RGM Capital LLC increased its position in Cloudera by 7.3% during the second quarter. RGM Capital LLC now owns 6,159,206 shares of the company’s stock worth $32,397,000 after buying an additional 418,741 shares during the last quarter. Institutional investors own 78.41% of the company’s stock.

Cloudera Company Profile

Cloudera, Inc provides a suite of data analytics and management products in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. It offers Cloudera Enterprise Data Hub that allows companies to execute various analytic functions against a shared set of governed and secures data in public and private clouds, and data centers; Cloudera Data Warehouse, a hybrid cloud solution for self-service analytics; Cloudera Data Science and Engineering enables users to streamline, simplify, and scale big data processing; and Cloudera Operational DB that enables stream processing and real-time analytics on continuously changing data.

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Analyst Recommendations for Cloudera (NYSE:CLDR)

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