Cloudera, Inc. closed at $10.99 in the latest trading session, marking a -1.26% move from the prior day. This change lagged the S&P 500's 0.75% loss on the day. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq lost 0.57%.
Prior to today's trading, shares of the company had lost 1.59% over the past month. This has lagged the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of 4% in that time.
CLDR will be looking to display strength as it nears its next earnings release. In that report, analysts expect CLDR to post earnings of -$0.23 per share. This would mark a year-over-year decline of 35.29%. Our most recent consensus estimate is calling for quarterly revenue of $188.29 million, up 83.32% from the year-ago period.
CLDR's full-year Zacks Consensus Estimates are calling for earnings of -$0.36 per share and revenue of $843.37 million. These results would represent year-over-year changes of +12.2% and +77.27%, respectively.
It is also important to note the recent changes to analyst estimates for CLDR. These revisions help to show the ever-changing nature of near-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. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. CLDR is currently sporting a Zacks Rank of #2 (Buy).
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 57, which puts it in the top 23% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Cloudera, Inc. (CLDR) Dips More Than Broader Markets: What You Should Know
Cloudera, Inc. closed at $10.99 in the latest trading session, marking a -1.26% move from the prior day. This change lagged the S&P 500's 0.75% loss on the day. Elsewhere, the Dow lost 0.61%, while the tech-heavy Nasdaq lost 0.57%.
Prior to today's trading, shares of the company had lost 1.59% over the past month. This has lagged the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of 4% in that time.
CLDR will be looking to display strength as it nears its next earnings release. In that report, analysts expect CLDR to post earnings of -$0.23 per share. This would mark a year-over-year decline of 35.29%. Our most recent consensus estimate is calling for quarterly revenue of $188.29 million, up 83.32% from the year-ago period.
CLDR's full-year Zacks Consensus Estimates are calling for earnings of -$0.36 per share and revenue of $843.37 million. These results would represent year-over-year changes of +12.2% and +77.27%, respectively.
It is also important to note the recent changes to analyst estimates for CLDR. These revisions help to show the ever-changing nature of near-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. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. CLDR is currently sporting a Zacks Rank of #2 (Buy).
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 57, which puts it in the top 23% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.