Media coverage about Hortonworks (NASDAQ:HDP) has trended somewhat positive this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hortonworks earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 44.4930303480674 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s scoring:
Hortonworks (NASDAQ:HDP) opened at $20.37 on Friday. Hortonworks has a 12-month low of $9.10 and a 12-month high of $22.00. The stock has a market cap of $1,492.09, a PE ratio of -6.55 and a beta of 1.57.
Hortonworks (NASDAQ:HDP) last issued its quarterly earnings results on Thursday, February 8th. The software maker reported ($0.24) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.24). The business had revenue of $75.01 million for the quarter, compared to analysts’ expectations of $70.44 million. During the same period last year, the business earned ($0.50) earnings per share. The company’s revenue was up 44.4% on a year-over-year basis. analysts anticipate that Hortonworks will post -2.43 EPS for the current year.
Several research firms have recently commented on HDP. BidaskClub cut shares of Hortonworks from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Zacks Investment Research cut shares of Hortonworks from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. ValuEngine raised shares of Hortonworks from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Mizuho raised their target price on shares of Hortonworks from $14.00 to $23.00 and gave the stock a “buy” rating in a research report on Friday, January 12th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $25.00 target price on shares of Hortonworks in a research report on Tuesday, December 12th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $22.36.
In related news, insider Scott Reasoner sold 5,224 shares of Hortonworks stock in a transaction dated Friday, December 29th. The shares were sold at an average price of $20.29, for a total transaction of $105,994.96. Following the completion of the transaction, the insider now directly owns 228,725 shares of the company’s stock, valued at approximately $4,640,830.25. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michelangelo Volpi sold 135,958 shares of Hortonworks stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $18.18, for a total transaction of $2,471,716.44. Following the transaction, the director now directly owns 10,838 shares of the company’s stock, valued at $197,034.84. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,251,572 shares of company stock valued at $23,209,715. 22.50% of the stock is currently owned by corporate insiders.
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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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