Cloudera (NYSE:CLDR) released its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.22, Briefing.com reports. Cloudera had a negative return on equity of 19.19% and a negative net margin of 49.22%. The firm had revenue of $198.30 million during the quarter, compared to analysts’ expectations of $189.08 million. During the same quarter in the prior year, the business posted ($0.03) earnings per share. Cloudera’s revenue was up 67.8% compared to the same quarter last year. Cloudera updated its Q4 guidance to -$0.04$0.02 EPS and its FY20 guidance to -$0.21$0.19 EPS.
Shares of CLDR opened at $10.88 on Friday. Cloudera has a 12-month low of $4.89 and a 12-month high of $15.43. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.37 and a current ratio of 1.37. The company has a 50-day moving average of $9.11 and a two-hundred day moving average of $7.65.
Several analysts recently commented on CLDR shares. Citigroup raised their price objective on shares of Cloudera from $7.50 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, September 5th. Bank of America boosted their price objective on shares of Cloudera from $7.00 to $8.00 and gave the stock an “underperform” rating in a report on Friday. Morgan Stanley restated a “hold” rating and set a $12.00 target price on shares of Cloudera in a research report on Friday. JPMorgan Chase & Co. increased their target price on shares of Cloudera from $9.00 to $11.00 and gave the company a “neutral” rating in a report on Friday. Finally, DA Davidson reiterated a “buy” rating and set a $13.00 price target on shares of Cloudera in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the stock. Cloudera currently has a consensus rating of “Hold” and an average price target of $11.69.
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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