Cloudera Inc. (NYSE: CLDR) is -9.85% lower on its value in year-to-date trading and has touched a low of $7.19 and a high of $19.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CLDR stock was last observed hovering at around $12.55 in the last trading session, with the day’s loss setting it -0.01% off its average median price target of $16.00 for the next 12 months. It is also 43.0% off the consensus price target high of $22.00 offered by 13 analysts, but current levels are -4.5% lower than the price target low of $12.00 for the same period.
Currently trading at $12.54, the stock is -1.93% and -16.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.58 million and changing -0.08% at the moment leaves the stock -0.79% off its SMA200. CLDR registered 63.49% gain for a year compared to 6-month gain of 15.15%. The firm has a 50-day simple moving average (SMA 50) of $14.42 and a 200-day simple moving average (SMA200) of $13.00.
The stock witnessed a -16.18% loss in the last 1 month and extending the period to 3 months gives it a -9.85%, and is 3.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.13% over the week and 4.44% over the month.
Cloudera Inc. (CLDR) has around 2728 employees, a market worth around $3.54B and $869.30M in sales. Fwd P/E is 24.59. Profit margin for the company is -18.70%. Distance from 52-week low is 74.41% and -35.19% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.10%).
Cloudera Inc. (CLDR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Cloudera Inc. (CLDR) is a “Overweight”. 13 analysts offering their recommendations for the stock have an average rating of 2.60, where 8 rate it as a Hold and 1 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Cloudera Inc. is expected to release its quarterly report on 06/03/2021 and quarterly earnings per share for the current quarter are estimated at $0.08 with sales reaching $217.09M over the same period.The EPS is expected to grow by 55.10% this year, but quarterly earnings will post 5.50% year-over-year.
Cloudera Inc. (CLDR) Top Institutional Holders
390 institutions hold shares in Cloudera Inc. (CLDR), with 5.5M shares held by insiders accounting for 1.89% while institutional investors hold 82.75% of the company’s shares. The shares outstanding are 303.53M, and float is at 288.31M with Short Float at 8.05%. Institutions hold 81.19% of the Float.
The top institutional shareholder in the company is Icahn, Carl, C. with over 52.33 million shares valued at $727.87 million. The investor’s holdings represent 17.96% of the CLDR Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 20.88 million shares valued at $290.44 million to account for 7.17% of the shares outstanding. The other top investors are Blackrock Inc. which holds 16.53 million shares representing 5.67% and valued at over $229.87 million, while First Trust Advisors LP holds 4.67% of the shares totaling 13.62 million with a market value of $189.41 million.
Cloudera Inc. (CLDR) Insider Activity
A total of 70 insider transactions have happened at Cloudera Inc. (CLDR) in the last six months, with sales accounting for 28 and purchases happening 42 times. The most recent transaction is an insider sale by MURTHY ARUN ,the company’sChief Product Officer. SEC filings show that MURTHY ARUN sold 26,956 shares of the company’s common stock on Mar 15 at a price of $12.88 per share for a total of $0.35 million. Following the sale, the insider now owns 0.1 million shares.
Cloudera Inc. disclosed in a document filed with the SEC on Mar 15 that Reasoner Scott (Chief Accounting Officer) sold a total of 49,528 shares of the company’s common stock. The trade occurred on Mar 15 and was made at $12.88 per share for $0.64 million. Following the transaction, the insider now directly holds 79811.0 shares of the CLDR stock.
Still, SEC filings show that on Feb 18, BEARDEN ROBERT G (Chief Executive Officer) disposed off 112,384 shares at an average price of $18.28 for $2.05 million. The insider now directly holds 0 shares of Cloudera Inc. (CLDR).
Cloudera Inc. (CLDR): Who are the competitors?
The company’s main competitors (and peers) include Progress Software Corporation (PRGS) that is trading 47.10% up over the past 12 months and Pixelworks Inc. (PXLW) that is 26.30% higher over the same period. Short interest in the company’s stock has risen 23.45% from the last report on Feb 11, 2021 to stand at a total of 17.76 million short shares sold with a short interest ratio of 4.3.