Media headlines about Hortonworks (NASDAQ:HDP) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hortonworks earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 45.2929998533805 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Hortonworks (HDP) traded up 0.9674% on Monday, reaching $16.4375. The company’s stock had a trading volume of 70,882 shares. The firm’s market cap is $679.97 million. The stock’s 50 day moving average price is $16.64 and its 200 day moving average price is $14.07. Hortonworks has a 52-week low of $6.54 and a 52-week high of $17.70.
Hortonworks (NASDAQ:HDP) last issued its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.87) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.87). Hortonworks had a negative return on equity of 765.37% and a negative net margin of 107.07%. The company had revenue of $61.83 million during the quarter, compared to analyst estimates of $57.62 million. During the same quarter in the previous year, the firm earned ($0.72) earnings per share. Hortonworks’s revenue was up 41.6% on a year-over-year basis. Equities research analysts expect that Hortonworks will post ($1.72) earnings per share for the current fiscal year.
Several research firms have weighed in on HDP. Northland Securities reiterated a “buy” rating and set a $24.00 price objective on shares of Hortonworks in a research report on Thursday, October 19th. Royal Bank Of Canada reiterated a “buy” rating on shares of Hortonworks in a research report on Wednesday, October 18th. BidaskClub cut Hortonworks from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Zacks Investment Research upgraded Hortonworks from a “sell” rating to a “hold” rating in a research report on Wednesday, October 4th. Finally, Drexel Hamilton restated a “buy” rating and issued a $22.00 price target on shares of Hortonworks in a research report on Thursday, September 21st. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $18.93.
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In other news, insider Greg Pavlik sold 5,532 shares of the business’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $13.35, for a total transaction of $73,852.20. Following the completion of the transaction, the insider now owns 263,584 shares of the company’s stock, valued at $3,518,846.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Robert G. Bearden sold 250,000 shares of the business’s stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $17.13, for a total value of $4,282,500.00. Following the transaction, the chief executive officer now directly owns 341,747 shares of the company’s stock, valued at approximately $5,854,126.11. The disclosure for this sale can be found here. Insiders have sold 665,240 shares of company stock valued at $11,102,480 in the last three months. 22.50% of the stock is owned by insiders.
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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