Cloudera (NYSE:CLDR) updated its second quarter 2021
After-Hours earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.06-0.07 for the period, compared to the Thomson Reuters consensus estimate of $0.05. The company issued revenue guidance of $206-209 million, compared to the consensus revenue estimate of $212.22 million.Cloudera also updated its FY 2021
After-Hours guidance to 0.26-0.30 EPS.

A number of analysts recently weighed in on the stock. Wedbush reaffirmed a hold rating and set a $12.00 price target on shares of Cloudera in a research report on Wednesday, March 11th. Bank of America upped their price target on shares of Cloudera from $8.00 to $9.00 and gave the stock an underperform rating in a research report on Wednesday, March 11th. Zacks Investment Research cut shares of Cloudera from a strong-buy rating to a hold rating in a research report on Tuesday, May 12th. Barclays decreased their price target on shares of Cloudera from $13.00 to $10.00 and set an equal weight rating for the company in a research report on Wednesday, March 11th. Finally, ValuEngine raised shares of Cloudera from a hold rating to a buy rating in a research report on Friday, May 1st. One analyst has rated the stock with a sell rating, ten have issued 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 price target of $11.28.

CLDR traded up $0.31 on Wednesday, hitting $11.55. 1,115,649 shares of the company’s stock were exchanged, compared to its average volume of 3,312,130. The firm has a market cap of $3.24 billion, a PE ratio of -10.31 and a beta of 1.02. Cloudera has a twelve month low of $4.76 and a twelve month high of $12.22. The stock has a fifty day moving average of $8.53 and a two-hundred day moving average of $9.56. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.13.

Cloudera (NYSE:CLDR) last released its quarterly earnings data on Tuesday, March 10th. The company reported $0.04 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.07. The firm had revenue of $211.70 million for the quarter, compared to analyst estimates of $201.80 million. Cloudera had a negative net margin of 42.38% and a negative return on equity of 17.49%. Cloudera’s quarterly revenue was up 46.5% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.15) earnings per share. On average, analysts predict that Cloudera will post -0.31 EPS for the current year.

In other Cloudera news, CAO Scott Reasoner sold 6,230 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $7.57, for a total value of $47,161.10. Following the sale, the chief accounting officer now owns 88,017 shares in the company, valued at $666,288.69. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Carl C. Icahn sold 572,695 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $8.14, for a total transaction of $4,661,737.30. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,160,056 shares of company stock worth $9,873,607. 16.10% of the stock is owned by company insiders.

Cloudera Company Profile

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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Earnings History and Estimates for Cloudera (NYSE:CLDR)

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