News headlines about Hortonworks (NASDAQ:HDP) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hortonworks earned a news impact score of 0.24 on Accern’s scale. Accern also gave news articles about the software maker an impact score of 44.990660963714 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern’s analysis:
- Hortonworks, Inc. (HDP) Expected to Announce Quarterly Sales of $70.71 Million (americanbankingnews.com)
- Scott E. Gnau Sells 30,000 Shares of Hortonworks, Inc. (HDP) Stock (americanbankingnews.com)
- Hortonworks (HDP) vs. AppFolio (APPF) Head to Head Contrast (americanbankingnews.com)
- Hortonworks’ (HDP) “Buy” Rating Reaffirmed at Drexel Hamilton (americanbankingnews.com)
- Financial Analysis: Envestnet (ENV) and Hortonworks (HDP) (americanbankingnews.com)
HDP has been the topic of several research reports. Cowen and Company reissued a “market perform” rating and issued a $14.00 price objective (up from $11.00) on shares of Hortonworks in a research report on Wednesday, August 9th. Zacks Investment Research raised Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research report on Tuesday. ValuEngine raised Hortonworks from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. Drexel Hamilton reissued a “buy” rating and issued a $26.00 price objective on shares of Hortonworks in a research report on Monday, November 6th. Finally, BidaskClub raised Hortonworks from a “hold” rating to a “buy” rating in a research report on Tuesday. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $20.46.
Shares of Hortonworks (NASDAQ HDP) traded down $0.06 during midday trading on Friday, hitting $18.24. The stock had a trading volume of 1,065,100 shares, compared to its average volume of 829,324. Hortonworks has a twelve month low of $8.02 and a twelve month high of $18.93.
Hortonworks (NASDAQ:HDP) last announced its earnings results on Thursday, November 2nd. The software maker reported ($0.24) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.40) by $0.16. Hortonworks had a negative return on equity of 765.37% and a negative net margin of 89.35%. The business had revenue of $69.00 million for the quarter, compared to analyst estimates of $63.11 million. During the same period in the previous year, the company earned ($0.68) earnings per share. The company’s revenue for the quarter was up 45.3% compared to the same quarter last year. research analysts predict that Hortonworks will post -2.98 EPS for the current year.
In related news, insider Shaun Connolly sold 5,370 shares of Hortonworks stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $14.43, for a total value of $77,489.10. Following the completion of the transaction, the insider now directly owns 385,329 shares in the company, valued at $5,560,297.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Scott Reasoner sold 2,364 shares of Hortonworks stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $16.43, for a total value of $38,840.52. Following the completion of the transaction, the insider now owns 249,321 shares of the company’s stock, valued at $4,096,344.03. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 674,158 shares of company stock worth $11,343,646. Corporate insiders own 22.50% of the company’s stock.
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Hortonworks Company Profile
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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