EPS for Barracuda Networks, Inc. (CUDA) Expected At $0.07

December 15, 2017 - By Kurt Siggers

 EPS for Barracuda Networks, Inc. (CUDA) Expected At $0.07
Investors sentiment decreased to 1.11 in Q2 2017. Its down 1.09, from 2.2 in 2017Q1. It turned negative, as 32 investors sold Barracuda Networks, Inc. shares while 44 reduced holdings. 34 funds opened positions while 50 raised stakes. 32.63 million shares or 6.25% more from 30.71 million shares in 2017Q1 were reported.
Cadian Capital Management L P has invested 0.37% in Barracuda Networks, Inc. (NYSE:CUDA). Alliancebernstein Limited Partnership owns 26,900 shares. Jacobs Levy Equity Inc holds 0.01% in Barracuda Networks, Inc. (NYSE:CUDA) or 28,350 shares. Hershey Communication holds 0.01% of its portfolio in Barracuda Networks, Inc. (NYSE:CUDA) for 36,482 shares. Laurion Cap L P stated it has 0% of its portfolio in Barracuda Networks, Inc. (NYSE:CUDA). Moreover, Rothschild Asset has 0.22% invested in Barracuda Networks, Inc. (NYSE:CUDA). Pdts Ptnrs Limited Liability invested 0.16% in Barracuda Networks, Inc. (NYSE:CUDA). 16,443 are owned by Royal Bank & Trust Of Canada. Qs Ltd Liability Co holds 0.03% or 138,382 shares. Cornerstone Management Ltd holds 0.02% in Barracuda Networks, Inc. (NYSE:CUDA) or 101,383 shares. 44,200 were accumulated by Alphamark Advsr Ltd Llc. Moreover, Ubs Asset Mngmt Americas has 0% invested in Barracuda Networks, Inc. (NYSE:CUDA). Moreover, State Of Wisconsin Invest Board has 0.04% invested in Barracuda Networks, Inc. (NYSE:CUDA) for 539,030 shares. Whittier Trust owns 882 shares or 0% of their US portfolio. Panagora Asset Mngmt invested 0.02% in Barracuda Networks, Inc. (NYSE:CUDA).

Since August 1, 2017, it had 0 buys, and 19 selling transactions for $74.39 million activity. Hughes Michael D sold $14,594 worth of stock. Another trade for 16,500 shares valued at $396,000 was made by Jenkins William D Jr on Monday, August 14. Shares for $28,288 were sold by Driggs Dustin.

Analysts expect Barracuda Networks, Inc. (NYSE:CUDA) to report $0.07 EPS on January, 8.They anticipate $0.03 EPS change or 30.00 % from last quarter’s $0.1 EPS. CUDA’s profit would be $3.75M giving it 98.32 P/E if the $0.07 EPS is correct. After having $0.06 EPS previously, Barracuda Networks, Inc.’s analysts see 16.67 % EPS growth. The stock decreased 0.97% or $0.27 during the last trading session, reaching $27.53. About 1.53M shares traded or 16.79% up from the average. Barracuda Networks, Inc. (NYSE:CUDA) has risen 38.20% since December 15, 2016 and is uptrending. It has outperformed by 21.50% the S&P500.

Barracuda Networks, Inc. (NYSE:CUDA) Ratings Coverage

Among 23 analysts covering Barracuda Networks (NYSE:CUDA), 7 have Buy rating, 0 Sell and 16 Hold. Therefore 30% are positive. Barracuda Networks had 74 analyst reports since August 18, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Friday, January 8 by Morgan Stanley. The rating was downgraded by JMP Securities on Monday, June 6 to “Market Underperform”. Imperial Capital upgraded the shares of CUDA in report on Wednesday, April 19 to “In-Line” rating. William Blair downgraded Barracuda Networks, Inc. (NYSE:CUDA) on Friday, January 8 to “Market Perform” rating. BTIG Research downgraded the stock to “Hold” rating in Monday, November 27 report. The rating was maintained by Topeka Capital Markets with “Buy” on Thursday, October 1. On Friday, May 20 the stock rating was initiated by Northland Capital with “Outperform”. The stock has “Overweight” rating by Piper Jaffray on Wednesday, October 12. Imperial Capital maintained it with “In-Line” rating and $15 target in Thursday, June 30 report. On Thursday, July 20 the stock rating was maintained by BTIG Research with “Buy”.

Barracuda Networks, Inc. designs and delivers security and data protection solutions. The company has market cap of $1.48 billion. The firm offers cloud-enabled solutions that enable clients to address security threats, enhance network performance, and protect and store their data. It has a 161.94 P/E ratio. It provides various security solutions, including Barracuda Essentials for Email Security that offers multi-layer cloud protection against email attacks, data loss, and business disruption; Barracuda Email Threat Scan/Barracuda Email Threat Scanner, a cloud service that examines Office 365 mailboxes to identify latent threats and provide administrators with an in-depth view of their risk profile; and Barracuda Web Security Gateway, a solution to protect users from Web threats, and enhance productivity and optimize bandwidth.

More notable recent Barracuda Networks, Inc. (NYSE:CUDA) news were published by: Businesswire.com which released: “Harwood Feffer LLP Announces Investigation of Barracuda Networks, Inc.” on November 27, 2017, also Techcrunch.com with their article: “Security business Barracuda Networks acquired for $1.6 billion” published on November 27, 2017, Prnewswire.com published: “BARRACUDA NETWORKS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA …” on November 28, 2017. More interesting news about Barracuda Networks, Inc. (NYSE:CUDA) were released by: Seekingalpha.com and their article: “Inspecting Barracuda’s Private Buyout” published on December 12, 2017 as well as Fool.com‘s news article titled: “Why Barracuda Networks Inc. Stock Climbed 18.6% in November” with publication date: December 05, 2017.

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