Cloudera (NYSE:CLDR) issued an update on its FY20 earnings guidance on Thursday morning. The company provided EPS guidance of -$0.21$0.19 for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.26). The company issued revenue guidance of $782-785 million, compared to the consensus revenue estimate of $770.16 million.Cloudera also updated its Q4 guidance to -$0.04$0.02 EPS.

A number of research firms have recently commented on CLDR. Citigroup lifted their target price on Cloudera from $7.50 to $8.00 and gave the stock a neutral rating in a research report on Thursday, September 5th. DA Davidson reissued a buy rating and issued a $13.00 target price on shares of Cloudera in a report on Friday. Zacks Investment Research cut Cloudera from a hold rating to a sell rating in a research report on Monday, November 18th. Wedbush raised their price target on Cloudera from $8.50 to $11.00 and gave the stock a neutral rating in a research note on Friday. Finally, Morgan Stanley reaffirmed a hold rating and set a $12.00 price target on shares of Cloudera in a research report on Friday. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. The company has an average rating of Hold and an average price target of $11.69.

Shares of CLDR opened at $10.88 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.37 and a current ratio of 1.37. Cloudera has a fifty-two week low of $4.89 and a fifty-two week high of $15.43. The firm has a 50-day simple moving average of $9.11 and a 200-day simple moving average of $7.65. The company has a market capitalization of $2.80 billion, a price-to-earnings ratio of -9.54 and a beta of 0.90.

Cloudera (NYSE:CLDR) last issued its quarterly earnings results on Thursday, December 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.22. The firm had revenue of $198.30 million for 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 revenue for the quarter was up 67.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.03) EPS. Equities research analysts forecast that Cloudera will post -1.05 EPS for the current year.

In other news, CAO Scott Reasoner sold 6,231 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $8.96, for a total value of $55,829.76. Also, major shareholder Carl C. Icahn bought 439,914 shares of Cloudera stock in a transaction dated Monday, September 9th. The stock was purchased at an average price of $5.00 per share, with a total value of $2,199,570.00. Insiders sold a total of 14,862 shares of company stock worth $132,168 over the last quarter. Company insiders own 17.90% 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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