Wall Street analysts forecast that Cloudera Inc (NYSE:CLDR) will report ($0.10) earnings per share (EPS) for the current quarter, according to Zacks. Eight analysts have made estimates for Cloudera’s earnings, with the highest EPS estimate coming in at ($0.08) and the lowest estimate coming in at ($0.11). Cloudera reported earnings per share of ($0.08) in the same quarter last year, which would suggest a negative year over year growth rate of 25%. The firm is expected to report its next quarterly earnings results on Wednesday, September 4th.

According to Zacks, analysts expect that Cloudera will report full-year earnings of ($0.31) per share for the current year, with EPS estimates ranging from ($0.32) to ($0.29). For the next financial year, analysts expect that the business will post earnings of ($0.03) per share, with EPS estimates ranging from ($0.19) to $0.13. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover Cloudera.

Cloudera (NYSE:CLDR) last posted its quarterly earnings results on Wednesday, June 5th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.24. The company had revenue of $187.50 million for the quarter, compared to analyst estimates of $188.44 million. Cloudera had a negative net margin of 44.35% and a negative return on equity of 24.15%. The business’s quarterly revenue was up 81.2% on a year-over-year basis. During the same period last year, the business posted ($0.17) EPS.

Several analysts have issued reports on the stock. Bank of America set a $20.00 price target on shares of Fiat Chrysler Automobiles and gave the stock a “hold” rating in a research report on Thursday, June 6th. Zacks Investment Research upgraded shares of General Moly from a “sell” rating to a “hold” rating in a research report on Thursday, July 11th. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Craig Hallum decreased their price target on shares of Cloudera from $22.00 to $14.00 and set an “in-line” rating on the stock in a research report on Thursday, June 6th. Finally, Sanford C. Bernstein set a €105.00 ($122.09) price target on shares of Merck KGaA and gave the stock a “buy” rating in a research report on Monday, April 8th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $12.44.

In related news, insider Scott Reasoner sold 24,983 shares of Cloudera stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $5.25, for a total transaction of $131,160.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kimberly Hammonds sold 7,686 shares of Cloudera stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $5.73, for a total transaction of $44,040.78. The disclosure for this sale can be found here. 17.90% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in CLDR. BlackRock Inc. lifted its holdings in Cloudera by 36.0% during the 1st quarter. BlackRock Inc. now owns 25,545,663 shares of the company’s stock valued at $279,470,000 after purchasing an additional 6,759,290 shares during the last quarter. OppenheimerFunds Inc. lifted its holdings in Cloudera by 174.0% during the 1st quarter. OppenheimerFunds Inc. now owns 8,220,000 shares of the company’s stock valued at $89,927,000 after purchasing an additional 5,220,000 shares during the last quarter. FMR LLC raised its stake in shares of Cloudera by 1,507.0% in the first quarter. FMR LLC now owns 5,208,982 shares of the company’s stock worth $56,987,000 after acquiring an additional 4,884,836 shares during the last quarter. Neuberger Berman Group LLC raised its stake in shares of Cloudera by 91.5% in the first quarter. Neuberger Berman Group LLC now owns 3,292,864 shares of the company’s stock worth $36,015,000 after acquiring an additional 1,573,072 shares during the last quarter. Finally, ARK Investment Management LLC bought a new position in shares of Cloudera in the first quarter worth about $16,550,000. 74.58% of the stock is owned by hedge funds and other institutional investors.

NYSE CLDR traded up $0.11 during midday trading on Monday, hitting $5.66. The company had a trading volume of 7,368,268 shares, compared to its average volume of 7,525,903. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.36 and a current ratio of 1.36. The firm has a market cap of $1.55 billion, a PE ratio of -4.96 and a beta of 0.91. The stock has a fifty day moving average of $5.77. Cloudera has a fifty-two week low of $4.89 and a fifty-two week high of $20.18.

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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