Cloudera (NYSE:CLDR) Releases Q4 Earnings Guidance

Cloudera (NYSE:CLDR) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of (0.04)-(0.02) for the period, compared to the Thomson Reuters consensus estimate of ($0.03). The company issued revenue guidance of 200-203, compared to the consensus revenue estimate of $201.78 million.

Shares of CLDR stock traded down $0.07 on Monday, reaching $11.74. The company’s stock had a trading volume of 4,339,986 shares, compared to its average volume of 4,020,942. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.14. Cloudera has a 12-month low of $4.89 and a 12-month high of $15.43. The company has a market capitalization of $3.30 billion, a P/E ratio of -10.30 and a beta of 0.97. The stock’s 50 day simple moving average is $11.09 and its 200-day simple moving average is $8.42.

Cloudera (NYSE:CLDR) last issued its quarterly earnings data on Thursday, December 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.25) by $0.22. Cloudera had a negative return on equity of 19.40% and a negative net margin of 49.22%. The company had revenue of $198.30 million for the quarter, compared to the consensus estimate of $189.08 million. During the same quarter last year, the business posted ($0.03) earnings per share. The firm’s revenue was up 67.8% compared to the same quarter last year. Research analysts expect that Cloudera will post -0.98 EPS for the current year.

CLDR has been the topic of a number of recent analyst reports. Nomura increased their price objective on Cloudera from $10.00 to $11.00 and gave the stock a buy rating in a research report on Monday, December 9th. JMP Securities increased their price objective on Cloudera from $12.00 to $15.00 and gave the stock an outperform rating in a research report on Friday, December 6th. Deutsche Bank increased their price objective on Cloudera from $8.00 to $11.00 and gave the stock a hold rating in a research report on Friday, December 6th. JPMorgan Chase & Co. increased their price objective on Cloudera from $9.00 to $11.00 and gave the stock a neutral rating in a research report on Friday, December 6th. Finally, Zacks Investment Research upgraded Cloudera from a hold rating to a buy rating and set a $13.00 price objective on the stock in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $12.38.

In other news, Director Robert G. Bearden sold 196,044 shares of the firm’s stock in a transaction dated Friday, December 27th. The stock was sold at an average price of $11.82, for a total transaction of $2,317,240.08. Following the transaction, the director now directly owns 438,880 shares of the company’s stock, valued at $5,187,561.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Scott Reasoner sold 6,231 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $8.96, for a total value of $55,829.76. In the last three months, insiders sold 210,394 shares of company stock worth $2,448,487. 17.90% of the stock is owned by insiders.

About Cloudera

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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