Media coverage about Hortonworks (NASDAQ:HDP) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hortonworks earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 46.7628302121554 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
Hortonworks (HDP) opened at 16.16 on Friday. The stock’s 50 day moving average price is $16.70 and its 200-day moving average price is $14.02. Hortonworks has a 12 month low of $6.54 and a 12 month high of $17.70. The firm’s market capitalization is $668.49 million.
Hortonworks (NASDAQ:HDP) last issued its quarterly earnings data on Thursday, August 3rd. The software maker reported ($0.87) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.87). The business had revenue of $61.83 million for the quarter, compared to the consensus estimate of $57.62 million. Hortonworks had a negative return on equity of 765.37% and a negative net margin of 107.07%. The firm’s revenue was up 41.6% compared to the same quarter last year. During the same quarter last year, the business posted ($0.72) EPS. On average, analysts forecast that Hortonworks will post ($1.72) earnings per share for the current year.
A number of equities research analysts recently issued reports on the stock. Northland Securities reiterated a “buy” rating and set a $24.00 price target on shares of Hortonworks in a report on Thursday, October 19th. Royal Bank Of Canada reiterated a “buy” rating on shares of Hortonworks in a report on Wednesday, October 18th. BidaskClub lowered Hortonworks from a “buy” rating to a “hold” rating in a report on Wednesday, October 11th. Zacks Investment Research upgraded shares of Hortonworks from a “sell” rating to a “hold” rating in a report on Wednesday, October 4th. Finally, Drexel Hamilton restated a “buy” rating and issued a $22.00 price objective on shares of Hortonworks in a report on Thursday, September 21st. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Hortonworks has an average rating of “Buy” and a consensus price target of $18.93.
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In other news, insider Greg Pavlik sold 5,532 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $13.35, for a total value of $73,852.20. Following the completion of the transaction, the insider now owns 263,584 shares in the company, valued at approximately $3,518,846.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Shaun Connolly sold 5,370 shares of the firm’s stock in a transaction dated Monday, August 14th. The shares were 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 owns 385,329 shares of the company’s stock, valued at approximately $5,560,297.47. The disclosure for this sale can be found here. Insiders sold a total of 665,240 shares of company stock worth $11,102,480 in the last three months. Company insiders own 22.50% of the company’s stock.
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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