Equities analysts expect Hortonworks Inc (NASDAQ:HDP) to report earnings per share (EPS) of ($0.23) for the current quarter, Zacks reports. Three analysts have made estimates for Hortonworks’ earnings. The lowest EPS estimate is ($0.24) and the highest is ($0.23). Hortonworks reported earnings of ($0.50) per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 54%. The firm is scheduled to issue its next quarterly earnings report on Thursday, February 8th.

On average, analysts expect that Hortonworks will report full-year earnings of ($1.40) per share for the current fiscal year. For the next fiscal year, analysts forecast that the company will report earnings of ($0.80) per share, with EPS estimates ranging from ($1.01) to ($0.67). Zacks’ EPS calculations are an average based on a survey of research analysts that cover Hortonworks.

Hortonworks (NASDAQ:HDP) last posted its quarterly earnings results on Thursday, November 2nd. The software maker reported ($0.24) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.40) by $0.16. The company had revenue of $69.00 million during the quarter, compared to analysts’ expectations of $63.11 million. Hortonworks’s revenue for the quarter was up 45.3% compared to the same quarter last year. During the same period last year, the company earned ($0.68) earnings per share.

A number of analysts have recently issued reports on HDP shares. Needham & Company LLC reissued a “buy” rating and issued a $25.00 price target on shares of Hortonworks in a research report on Sunday, September 10th. Drexel Hamilton reaffirmed a “buy” rating and set a $26.00 price objective on shares of Hortonworks in a research report on Monday, November 6th. Zacks Investment Research raised shares of Hortonworks from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research report on Tuesday, November 7th. Royal Bank of Canada reaffirmed a “buy” rating and set a $23.00 price objective on shares of Hortonworks in a research report on Wednesday, December 20th. Finally, ValuEngine raised shares of Hortonworks from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Hortonworks has an average rating of “Buy” and an average target price of $21.08.

Hortonworks (NASDAQ HDP) traded down $0.10 during midday trading on Monday, hitting $20.74. 348,181 shares of the stock were exchanged, compared to its average volume of 646,674. The stock has a market capitalization of $1,460.00, a price-to-earnings ratio of -6.15 and a beta of 1.66. Hortonworks has a 1-year low of $8.74 and a 1-year high of $22.00.

In other news, insider Scott Davidson sold 45,630 shares of Hortonworks stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $19.92, for a total value of $908,949.60. Following the transaction, the insider now owns 985,550 shares of the company’s stock, valued at $19,632,156. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Scott Reasoner sold 5,224 shares of Hortonworks stock in a transaction that occurred on Saturday, 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 in the company, valued at approximately $4,640,830.25. The disclosure for this sale can be found here. In the last three months, insiders sold 727,868 shares of company stock worth $13,990,432. Insiders own 22.50% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. ETF Managers Group LLC acquired a new stake in shares of Hortonworks in the second quarter worth $125,000. Legal & General Group Plc grew its stake in shares of Hortonworks by 8.1% in the second quarter. Legal & General Group Plc now owns 11,149 shares of the software maker’s stock worth $144,000 after acquiring an additional 837 shares during the last quarter. UBS Asset Management Americas Inc. grew its stake in shares of Hortonworks by 15.9% in the second quarter. UBS Asset Management Americas Inc. now owns 12,400 shares of the software maker’s stock worth $160,000 after acquiring an additional 1,700 shares during the last quarter. Gotham Asset Management LLC acquired a new stake in shares of Hortonworks in the second quarter worth $170,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Hortonworks in the second quarter worth $173,000. Institutional investors and hedge funds own 57.60% of the company’s stock.

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About Hortonworks

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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