Press coverage about Hortonworks (NASDAQ:HDP) has been trending somewhat positive recently, AlphaOne Sentiment reports. The research group, a division of Accern, scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hortonworks earned a media sentiment score of 0.11 on AlphaOne’s scale. AlphaOne also gave news stories about the software maker an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Alpha One Sentiment Analysis’s rankings:
- What’s Unfolding For Hortonworks, Inc. (NASDAQ:HDP), Lumber Liquidators Holdings, Inc. (NYSE:LL) Shares? – Geneva Journal (genevajournal.com)
- The Shaun Connolly Sells 7831 Shares of Hortonworks Inc (HDP) Stock – BangaloreWeekly (bangaloreweekly.com)
- The Hortonworks Inc (HDP) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS – BangaloreWeekly (bangaloreweekly.com)
- Shaun Connolly Sells 7,831 Shares of Hortonworks Inc (HDP) Stock (americanbankingnews.com)
- Hortonworks, Inc. (NasdaqGS:HDP): Dividend Growth in the Spotlight – Geneva Journal (genevajournal.com)
Several research analysts have commented on HDP shares. Drexel Hamilton restated a “buy” rating and set a $18.00 price objective on shares of Hortonworks in a report on Tuesday, February 7th. Zacks Investment Research upgraded Hortonworks from a “sell” rating to a “hold” rating in a report on Tuesday, March 28th. Mizuho restated a “buy” rating and set a $13.00 price objective on shares of Hortonworks in a report on Monday, April 24th. Cowen and Company restated a “market perform” rating and set a $9.00 price objective (up from $8.00) on shares of Hortonworks in a report on Tuesday, February 14th. Finally, Oppenheimer Holdings Inc. restated a “hold” rating on shares of Hortonworks in a report on Thursday, May 4th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the stock. Hortonworks has a consensus rating of “Buy” and an average target price of $15.09.
Shares of Hortonworks (NASDAQ:HDP) opened at 12.41 on Friday. The company’s market cap is $513.36 million. Hortonworks has a 12 month low of $6.42 and a 12 month high of $13.76. The firm’s 50-day moving average price is $11.09 and its 200 day moving average price is $9.71.
Hortonworks (NASDAQ:HDP) last posted its quarterly earnings data on Thursday, May 4th. The software maker reported ($0.88) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.93) by $0.05. Hortonworks had a negative return on equity of 294.33% and a negative net margin of 136.45%. The business had revenue of $55.97 million for the quarter, compared to analyst estimates of $52.21 million. During the same quarter in the prior year, the company earned ($0.68) earnings per share. The company’s revenue was up 35.4% on a year-over-year basis. Equities research analysts anticipate that Hortonworks will post ($1.82) earnings per share for the current fiscal year.
In related news, insider Greg Pavlik sold 35,416 shares of the stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $10.15, for a total value of $359,472.40. Following the transaction, the insider now owns 354,630 shares of the company’s stock, valued at $3,599,494.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Shaun Connolly sold 19,357 shares of the stock in a transaction on Tuesday, March 14th. The shares were sold at an average price of $9.46, for a total value of $183,117.22. Following the completion of the transaction, the insider now directly owns 586,922 shares in the company, valued at approximately $5,552,282.12. The disclosure for this sale can be found here. Insiders have sold 112,909 shares of company stock worth $1,154,373 in the last ninety days. Corporate insiders own 26.00% 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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