The shares of Cloudera, Inc. (NYSE:CLDR) has been pegged with a rating of Outperform by Northland Capital in its latest research note that was published on January 9th, 2019. The research company has also assigned a $15 price target. Northland Capital wasn’t the only research firm that published a report of Cloudera, Inc., with other equities research analysts also giving their opinion on the stock. BofA/Merrill advised investors in its research note published on December 6th, 2018, to Neutral the CLDR stock while also putting a $18 price target. The stock had earned Buy rating from Rosenblatt when it published its report on November 9th, 2018. The stock was given Strong Buy rating by Needham in its report released on November 5th, 2018, the day when the price target on the stock was placed at $31. Wedbush was of a view that CLDR is Neutral in its latest report on October 19th, 2018 while giving it a price target of $17. Nomura thinks that CLDR is worth Buy rating. This was contained in the firm’s report on October 4th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $19.73. The price of the stock the last time has raised by 15.29% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 50.42.
The shares of the company dipped by -2.60% during the trading session on Friday, reaching a low of $11.38 while ending the day at $11.61. During the trading session, a total of 3.43 million shares were traded which represents a -2.5% decline from the average session volume which is 3.35M shares. CLDR had ended its last session trading at 11.92. Cloudera, Inc. currently has a market cap of $1.83B while its P/E earnings growth sits at 4.21. Cloudera, Inc. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 1.70. CLDR 52-week low price stands at $10.07 while its 52-week high price is $22.42.
The company in its last quarterly report recorded -$0.08 earnings per share which is above the -$0.15 predicted by most analysts. The Cloudera, Inc. generated $110.34 million in revenue during the last quarter, which is slightly higher than the $107.73 million predicted by analysts. In the second quarter last year, the firm recorded -$0.17 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -112.5%. Cloudera, Inc. has the potential to record -0.13 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Goldman published a research note on October 18th, 2018 where it informed investors and clients that Fluor Corporation (NYSE:FLR) is now rated as Buy. BofA/Merrill also rated FLR as Reiterated on December 6th, 2018, with its price target of $18 suggesting that FLR could surge by 32.77% from its current share price. Even though the stock has been trading at $36.12/share, analysts expect it to surge higher by 1.44% to reach $54.50/share. It started the day trading at $36.88 and traded between $35.46 and $36.64 throughout the trading session.
A look at its technical shows that FLR’s 50-day SMA is 38.70 while its 200-day SMA stands at 49.46. The stock has a high of $62.09 for the year while the low is $29.78. The company’s P/E ratio currently sits at 16.65, while the P/B ratio is 1.69. The company’s average trading volume currently stands at 2.27M shares, which means that the short-interest ratio is just 1.90 days. Over the past seven days, the company moved, with its shift of 7.39%. Looking further, the stock has dropped -34.83% over the past 90 days while it lost -25.06% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more FLR shares, increasing its portfolio by +1.26% during the last quarter. This move now sees The Vanguard Group Inc purchasing 176,243 shares in the last quarter, thus it now holds 14,142,354 shares of FLR, with a total valuation of $455,383,799. ClearBridge Investments LLC meanwhile bought more FLR shares in the recently filed quarter, changing its stake to $360,519,443 worth of shares. BlackRock Fund Advisors followed the path by increasing its FLR portfolio by +0.82% in the quarter. This means that BlackRock Fund Advisors bought 55,810 shares in the last quarter and now controls 6,887,107 shares of the FLR stock, with the valuation hitting $221,764,845.
Similarly, Artisan Partners LP decreased its Fluor Corporation shares by -10.61% during the recently filed quarter. After selling -622,595 shares in the last quarter, the firm now controls 5,243,232 shares of Fluor Corporation which are valued at $168,832,070. In the same vein, Fidelity Management Research Co decreased its Fluor Corporation shares by during the most recent reported quarter. The firm sold -410,526 shares during the quarter which decreased its stakes to 5,216,417 shares and is now valued at $167,968,627. Following these latest developments, around 0.20% of Fluor Corporation stocks are owned by institutional investors and hedge funds.