$0.07 EPS Expected for Barracuda Networks Inc (CUDA)

September 18, 2017 – By Clifton Ray

Investors sentiment increased to 2.18 in Q4 2016. Its up 0.48, from 1.7 in 2016Q3. It improved, as 17 investors sold Barracuda Networks Inc shares while 27 reduced holdings. 40 funds opened positions while 56 raised stakes. 26.83 million shares or 1.96% less from 27.37 million shares in 2016Q3 were reported.
Metropolitan Life Insur Ny invested in 16,494 shares or 0% of the stock. Panagora Asset Mgmt has 0.01% invested in Barracuda Networks Inc (NYSE:CUDA) for 123,931 shares. Alliancebernstein L P has 0% invested in Barracuda Networks Inc (NYSE:CUDA) for 239,530 shares. Moreover, Sei Invests has 0.05% invested in Barracuda Networks Inc (NYSE:CUDA) for 299,275 shares. Parallax Volatility Advisers L P holds 0% or 7,505 shares in its portfolio. Pnc Fincl Services Gru invested in 83,324 shares. Massachusetts Fincl Communication Ma stated it has 51,706 shares or 0% of all its holdings. Susquehanna International Grp Limited Liability Partnership reported 43,516 shares or 0% of all its holdings. 750,903 are owned by Blackrock Institutional Trust Na. 1,141 are owned by Tower Research Capital Ltd Com (Trc). Blackrock Mgmt Ltd Com reported 81,057 shares. Moreover, California State Teachers Retirement System has 0% invested in Barracuda Networks Inc (NYSE:CUDA). Blackrock Fund has 703,228 shares for 0% of their portfolio. Jpmorgan Chase And Co accumulated 384,234 shares. Los Angeles Cap Management & Equity Rech Incorporated has invested 0% in Barracuda Networks Inc (NYSE:CUDA).

Since April 3, 2017, it had 0 buys, and 5 selling transactions for $346,412 activity. $91,305 worth of Barracuda Networks Inc (NYSE:CUDA) was sold by Hughes Michael D. On Monday, May 15 the insider Driggs Dustin sold $27,863.

Analysts await Barracuda Networks Inc (NYSE:CUDA) to report earnings on October, 10 after the close. They expect $0.07 earnings per share, up 16.67 % or $0.01 from last year’s $0.06 per share. CUDA’s profit will be $3.71 million for 87.61 P/E if the $0.07 EPS becomes a reality. After $0.07 actual earnings per share reported by Barracuda Networks Inc for the previous quarter, Wall Street now forecasts 0.00 % EPS growth. It closed at $24.53 lastly. It is down 38.20% since September 18, 2016 and is uptrending. It has outperformed by 21.50% the S&P500.

Barracuda Networks Inc (NYSE:CUDA) Ratings Coverage

Among 22 analysts covering Barracuda Networks (NYSE:CUDA), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Barracuda Networks had 61 analyst reports since August 18, 2015 according to SRatingsIntel. The stock of Barracuda Networks Inc (NYSE:CUDA) has “Neutral” rating given on Wednesday, September 30 by Macquarie Research. The firm has “Neutral” rating given on Wednesday, September 30 by Piper Jaffray. The rating was maintained by Topeka Capital Markets on Thursday, October 1 with “Buy”. The firm has “In-Line” rating by Imperial Capital given on Thursday, June 30. The firm earned “” rating on Wednesday, April 27 by Summit Research. Robert W. Baird initiated it with “Outperform” rating and $29 target in Tuesday, November 15 report. Piper Jaffray maintained Barracuda Networks Inc (NYSE:CUDA) on Tuesday, August 15 with “Buy” rating. The company was maintained on Friday, January 8 by Stephens. Stifel Nicolaus maintained the shares of CUDA in report on Sunday, September 10 with “Buy” rating. The stock has “Hold” rating by Summit Research on Friday, January 8.

Barracuda Networks, Inc. designs and delivers security and data protection solutions. The company has market cap of $1.30 billion. The Firm offers cloud-enabled solutions that enable clients to address security threats, manage network performance, and protect and store their data. It has a 130.75 P/E ratio. The Company’s solutions are designed to manage information technology activities for its customers.

More notable recent Barracuda Networks Inc (NYSE:CUDA) news were published by: Seekingalpha.com which released: “Barracuda rebrands MSP business to sharpen focus” on September 13, 2017, also Fool.com with their article: “Why Barracuda Networks Inc. Stock Fell 12% in April” published on May 10, 2017, Seekingalpha.com published: “Barracuda Networks co-founder leaving CMO role” on June 30, 2017. More interesting news about Barracuda Networks Inc (NYSE:CUDA) were released by: Forbes.com and their article: “Earnings Preview: What To Expect From Barracuda Networks On Monday” published on July 08, 2017 as well as Seekingalpha.com‘s news article titled: “Barracuda Networks’ (CUDA) CEO BJ Jenkins on Q4 2017 Results – Earnings Call …” with publication date: April 18, 2017.