Equities research analysts predict that Hortonworks Inc (NASDAQ:HDP) will report ($0.23) earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Hortonworks’ earnings. The lowest EPS estimate is ($0.24) and the highest is ($0.23). Hortonworks reported earnings of ($0.50) per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 54%. The firm is scheduled to announce its next earnings results on Thursday, February 8th.

According to Zacks, analysts expect that Hortonworks will report full-year earnings of ($1.36) per share for the current fiscal year, with EPS estimates ranging from ($1.40) to ($1.29). For the next financial year, analysts expect that the firm will report earnings of ($0.80) per share, with EPS estimates ranging from ($1.01) to ($0.67). Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow Hortonworks.

Hortonworks (NASDAQ:HDP) last announced its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.24) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.16. The firm had revenue of $69.00 million during the quarter, compared to analysts’ expectations of $63.11 million. Hortonworks had a negative net margin of 89.35% and a negative return on equity of 765.37%. The business’s quarterly revenue was up 45.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.68) earnings per share.

A number of research analysts recently issued reports on the stock. Royal Bank of Canada reiterated a “buy” rating and issued a $16.00 price target on shares of Hortonworks in a research note on Sunday, September 17th. BidaskClub downgraded shares of Hortonworks from a “buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Barclays lifted their price target on shares of Hortonworks from $16.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, August 25th. Zacks Investment Research upgraded shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Tuesday, November 7th. Finally, Mizuho reiterated a “hold” rating and issued a $14.00 price target on shares of Hortonworks in a research note on Thursday, November 2nd. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $20.85.

In other Hortonworks news, insider Shaun Connolly sold 13,644 shares of the business’s stock in a transaction on Monday, October 16th. The shares were sold at an average price of $16.43, for a total value of $224,170.92. Following the transaction, the insider now directly owns 251,685 shares of the company’s stock, valued at approximately $4,135,184.55. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Scott Reasoner sold 2,364 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $16.43, for a total transaction of $38,840.52. Following the completion of the transaction, the insider now directly owns 249,321 shares in the company, valued at $4,096,344.03. The disclosure for this sale can be found here. In the last quarter, insiders sold 671,790 shares of company stock valued at $12,869,492. 22.50% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the company. State Street Corp grew its stake in shares of Hortonworks by 8.8% during the 2nd quarter. State Street Corp now owns 779,256 shares of the software maker’s stock worth $10,036,000 after purchasing an additional 62,903 shares during the period. Elk Creek Partners LLC purchased a new stake in shares of Hortonworks in the 3rd quarter worth about $3,152,000. Lyon Street Capital LLC boosted its position in shares of Hortonworks by 27.0% in the 2nd quarter. Lyon Street Capital LLC now owns 272,095 shares of the software maker’s stock worth $3,505,000 after buying an additional 57,845 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Hortonworks by 17.0% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 205,032 shares of the software maker’s stock worth $2,012,000 after buying an additional 29,747 shares in the last quarter. Finally, Commonwealth Equity Services Inc purchased a new stake in shares of Hortonworks in the 3rd quarter worth about $1,333,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.

Shares of Hortonworks (NASDAQ HDP) traded down $0.41 during mid-day trading on Friday, hitting $19.86. 563,700 shares of the company were exchanged, compared to its average volume of 823,464. Hortonworks has a 52-week low of $8.02 and a 52-week high of $20.66.

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About Hortonworks

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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