Cloudera, Inc. (NYSE:CLDR) has a beta value of 1 and has seen 4,652,795 shares traded in the recent trading session. The company, currently valued at $3.83 Billion, closed the recent trade at $12.95 per share which meant it lost -$0.7 on the day or -5.41% during that session. The CLDR stock price is -7.57% off its 52-week high price of $13.93 and 63.24% above the 52-week low of $4.76. If we look at the company’s 10-day average daily trading volume, we find that it stood at 13.06 Million shares traded. The 3-month trading volume is 7.01 Million shares.
The consensus among analysts is that Cloudera, Inc. (CLDR) is a Hold stock at the moment, with a recommendation rating of 2.8. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 10 out of 15 have rated it as a Hold, with 4 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is $0.06.
Cloudera, Inc. (NYSE:CLDR) trade information
Despite being -5.59% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Jun 26 when the CLDR stock price touched $13.79- or saw a rise of 6.09%. Year-to-date, Cloudera, Inc. shares have moved 11.35%, while the 5-day performance has seen it change 2.45%. Over the past 30 days, the shares of Cloudera, Inc. (NYSE:CLDR) have changed 26.34%. Short interest in the company has seen 24.05 Million shares shorted with days to cover at 3.43.
Wall Street analysts have a consensus price target for the stock at $12.15, which means that the shares’ value could jump -6.18% from current levels. The projected low price target is $8 while the price target rests at a high of $17. In that case, then, we find that the current price level is +31.27% off the targeted high while a plunge would see the stock lose -38.22% from current levels.
Cloudera, Inc. (CLDR) estimates and forecasts
Figures show that Cloudera, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +14.37% over the past 6 months, with this year growth rate of -315.38%, compared to 3% for the industry. Other than that, the company has, however, increased its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are 400% and 333.3% for the next quarter. Revenue growth from the last financial year stood is estimated to be +5.6%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0% over the past 5 years. Earnings growth for 2020 is a modest +0.6% while over the next 5 years, the company’s earnings are expected to increase by 0%.
Cloudera, Inc. (NYSE:CLDR)’s Major holders
Insiders own 2.55% of the company shares, while shares held by institutions stand at 76.54% with a share float percentage of 78.54%. Investors are also buoyed by the number of investors in a company, with Cloudera, Inc. having a total of 303 institutions that hold shares in the company. The top two institutional holders are Icahn, Carl, C. with over 54.8 Million shares worth more than $431.24 Million. As of March 30, 2020, Icahn, Carl, C. held 18.55% of shares outstanding.
The other major institutional holder is Intel Corporation, with the holding of over 26.07 Million shares as of March 30, 2020. The firm’s total holdings are worth over $205.14 Million and represent 8.82% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco Oppenheimer Global Opportunities Fund and iShares Russell 2000 ETF. As of January 30, 2020, the former fund manager holds about 2.78% shares in the company for having 8220000 shares of worth $84.58 Million while later fund manager owns 5.6 Million shares of worth $44.1 Million as of March 30, 2020, which makes it owner of about 1.9% of company’s outstanding stock.