Cloudera (NASDAQ:CLDR) released its quarterly earnings data on Thursday, September 7th. The company reported ($0.17) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.25) by $0.08, Briefing.com reports. The firm had revenue of $89.80 million for the quarter, compared to analyst estimates of $85.72 million. Cloudera’s revenue for the quarter was up 39.2% compared to the same quarter last year.

Cloudera (CLDR) traded down 2.75% during trading on Friday, reaching $18.38. The company’s stock had a trading volume of 749,315 shares. Cloudera has a 52 week low of $15.40 and a 52 week high of $23.35. The company’s 50 day moving average price is $18.25 and its 200 day moving average price is $18.66. The company’s market cap is $2.47 billion.

A number of analysts recently issued reports on the company. Morgan Stanley reissued a “hold” rating and set a $20.00 price objective on shares of Cloudera in a research report on Sunday, May 28th. J P Morgan Chase & Co reissued an “overweight” rating and set a $24.00 price objective (up previously from $20.00) on shares of Cloudera in a research report on Friday, September 8th. JMP Securities assumed coverage on Cloudera in a research report on Tuesday, May 23rd. They set a “market perform” rating for the company. Raymond James Financial, Inc. assumed coverage on Cloudera in a research report on Tuesday, May 23rd. They set an “outperform” rating and a $23.00 price objective for the company. Finally, Deutsche Bank AG began coverage on Cloudera in a research report on Tuesday, May 23rd. They set a “buy” rating and a $25.00 price objective for the company. One analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $23.00.

Institutional investors have recently bought and sold shares of the company. Nationwide Fund Advisors bought a new stake in shares of Cloudera in the 2nd quarter valued at about $131,000. Blume Capital Management Inc. bought a new stake in shares of Cloudera in the 2nd quarter valued at about $135,000. The Manufacturers Life Insurance Company bought a new stake in shares of Cloudera in the 2nd quarter valued at about $172,000. Cambridge Investment Research Advisors Inc. bought a new stake in shares of Cloudera in the 2nd quarter valued at about $190,000. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Cloudera in the 2nd quarter valued at about $190,000.

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