Hortonworks (HDP) Given Daily News Sentiment Rating of 0.11
News stories about Hortonworks (NASDAQ:HDP) have been trending somewhat positive on Thursday, according to Accern. Accern scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hortonworks earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 44.7155853484531 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Hortonworks Inc (HDP) Insider Scott Davidson Sells 18,068 Shares (americanbankingnews.com)
- Hortonworks, Inc. (HDP) CEO Sells $2,287,406.00 in Stock (americanbankingnews.com)
- Hortonworks, Inc. (HDP) CTO Sells $464,400.00 in Stock (americanbankingnews.com)
- Painstaking stocks: Overstock.com, Inc., (NASDAQ: OSTK), Hortonworks, Inc., (NASDAQ: HDP), Live Nation … – Stocks In The News (press release) (tradingnewsnow.com)
- Can Hortonworks (HDP) Stock Continue to Grow Earnings? – Nasdaq (nasdaq.com)
HDP has been the subject of a number of recent research reports. Royal Bank Of Canada reiterated a “buy” rating and issued a $16.00 price objective on shares of Hortonworks in a research note on Sunday, September 17th. Barclays lifted their price objective on shares of Hortonworks from $16.00 to $20.00 and gave the company an “overweight” rating in a research note on Friday, August 25th. BidaskClub lowered shares of Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Zacks Investment Research upgraded shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Tuesday, November 7th. Finally, Mizuho reiterated a “hold” rating and issued a $14.00 price objective on shares of Hortonworks in a research note on Thursday, November 2nd. Four equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Hortonworks presently has a consensus rating of “Buy” and a consensus price target of $20.46.
Hortonworks (NASDAQ:HDP) last released its quarterly earnings results on Thursday, November 2nd. The software maker reported ($0.24) EPS for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.16. The firm had revenue of $69.00 million during the quarter, compared to analyst estimates of $63.11 million. Hortonworks had a negative net margin of 89.35% and a negative return on equity of 765.37%. The business’s revenue for the quarter was up 45.3% on a year-over-year basis. During the same period in the previous year, the business earned ($0.68) EPS. research analysts forecast that Hortonworks will post -2.98 earnings per share for the current year.
In related news, CTO Scott E. Gnau sold 24,000 shares of the company’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $19.35, for a total value of $464,400.00. Following the completion of the transaction, the chief technology officer now directly owns 253,743 shares in the company, valued at $4,909,927.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Scott Davidson sold 18,068 shares of the company’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $18.41, for a total transaction of $332,631.88. Following the completion of the transaction, the insider now owns 1,005,311 shares of the company’s stock, valued at $18,507,775.51. The disclosure for this sale can be found here. Insiders have sold a total of 1,057,762 shares of company stock valued at $19,010,623 over the last 90 days. Company insiders own 22.50% of the company’s stock.
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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