Cloudera (NASDAQ:CLDR) Receiving Somewhat Favorable Press Coverage, Study Shows
Media stories about Cloudera (NASDAQ:CLDR) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cloudera earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.0821698008261 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Cloudera (NASDAQ:CLDR) Stock Rating Lowered by Zacks Investment Research (americanbankingnews.com)
- Cloudera, Inc. (CLDR) Stock Message Board (investorshangout.com)
- Jobrapido Increases Traffic Acquisition, Job Placements and Revenue Using Cloudera for Machine Learning (finance.yahoo.com)
- Is It Time to Bet on Fantasy Sports? (money.usnews.com)
- Cloudera Sets Date to Announce Second Quarter Fiscal Year 2018 Results (finance.yahoo.com)
Shares of Cloudera (CLDR) traded up 1.42% during midday trading on Friday, reaching $17.13. 225,261 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $17.14 and its 200-day moving average is $18.64. Cloudera has a 12-month low of $15.40 and a 12-month high of $23.35. The stock’s market cap is $2.25 billion.
Cloudera (NASDAQ:CLDR) last announced its earnings results on Thursday, June 8th. The company reported ($0.27) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.36) by $0.09. The firm had revenue of $79.60 million during the quarter, compared to analysts’ expectations of $75.85 million. On average, equities analysts expect that Cloudera will post ($1.05) EPS for the current year.
A number of equities research analysts have issued reports on CLDR shares. Zacks Investment Research lowered shares of Cloudera from a “hold” rating to a “sell” rating in a report on Wednesday. Morgan Stanley reissued an “equal weight” rating and issued a $18.00 price target (down previously from $20.00) on shares of Cloudera in a report on Thursday, July 20th. Citigroup Inc. started coverage on shares of Cloudera in a report on Tuesday, May 23rd. They issued a “neutral” rating and a $23.00 price target on the stock. Bank of America Corporation started coverage on shares of Cloudera in a report on Wednesday, May 24th. They issued a “neutral” rating and a $23.00 price target on the stock. Finally, Stifel Nicolaus started coverage on shares of Cloudera in a report on Tuesday, May 23rd. They issued a “buy” rating and a $24.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $22.86.
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