In the latest trading session, Cloudera, Inc. closed at $12.15, marking no change from the previous day. This move lagged the S&P 500's daily gain of 0.22%. Elsewhere, the Dow gained 0.49%, while the tech-heavy Nasdaq lost 0.15%.
Coming into today, shares of the company had lost 17.79% in the past month. In that same time, the Computer and Technology sector lost 2.32%, while the S&P 500 lost 0.57%.
Investors will be hoping for strength from CLDR as it approaches its next earnings release, which is expected to be December 6, 2018. On that day, CLDR is projected to report earnings of -$0.11 per share, which would represent year-over-year growth of 35.29%. Our most recent consensus estimate is calling for quarterly revenue of $113.60 million, up 20.12% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.51 per share and revenue of $447.15 million, which would represent changes of +26.09% and +21.69%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for CLDR. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CLDR is currently sporting a Zacks Rank of #3 (Hold).
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 38, which puts it in the top 15% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Cloudera, Inc. (CLDR) Flat As Market Gains: What You Should Know
In the latest trading session, Cloudera, Inc. closed at $12.15, marking no change from the previous day. This move lagged the S&P 500's daily gain of 0.22%. Elsewhere, the Dow gained 0.49%, while the tech-heavy Nasdaq lost 0.15%.
Coming into today, shares of the company had lost 17.79% in the past month. In that same time, the Computer and Technology sector lost 2.32%, while the S&P 500 lost 0.57%.
Investors will be hoping for strength from CLDR as it approaches its next earnings release, which is expected to be December 6, 2018. On that day, CLDR is projected to report earnings of -$0.11 per share, which would represent year-over-year growth of 35.29%. Our most recent consensus estimate is calling for quarterly revenue of $113.60 million, up 20.12% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$0.51 per share and revenue of $447.15 million, which would represent changes of +26.09% and +21.69%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for CLDR. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. CLDR is currently sporting a Zacks Rank of #3 (Hold).
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 38, which puts it in the top 15% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.