Rapid7, Inc. (RPD) Reaches $31.44 After 9.00% Up Move; Houston Wire & Cable Co Has 0.52 Sentiment

May 30, 2018 - By Ash

Houston Wire & Cable Company (NASDAQ:HWCC) Logo

Houston Wire & Cable Co (HWCC) investors sentiment decreased to 0.52 in Q1 2018. It’s down -0.70, from 1.22 in 2017Q4. The ratio turned negative, as 12 investment managers increased and started new positions, while 23 cut down and sold stock positions in Houston Wire & Cable Co. The investment managers in our database reported: 9.90 million shares, down from 10.07 million shares in 2017Q4. Also, the number of investment managers holding Houston Wire & Cable Co in top ten positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 20 Increased: 7 New Position: 5.

The stock of Rapid7, Inc. (NASDAQ:RPD) is a huge mover today! The stock increased 3.29% or $1 during the last trading session, reaching $31.44. About 233,318 shares traded. Rapid7, Inc. (NASDAQ:RPD) has risen 68.68% since May 30, 2017 and is uptrending. It has outperformed by 56.11% the S&P500.The move comes after 8 months positive chart setup for the $1.45 billion company. It was reported on May, 30 by Barchart.com. We have $34.27 PT which if reached, will make NASDAQ:RPD worth $130.86 million more.

Houston Wire & Cable Company, through its subsidiaries, sells electrical and mechanical wire and cable, industrial fasteners, hardware, and related services in the United States. The company has market cap of $135.97 million. It offers wire and cable products, including continuous and interlocked armor cables; control and power cables; electronic wires and cables; flexible and portable cords; instrumentation and thermocouple cables; lead and high temperature cables; medium voltage cables; and premise and category wires and cables, primary and secondary aluminum distribution cables, and steel wire ropes and wire rope slings, as well as synthetic fiber rope slings, chains, shackles, and other related hardware and corrosion resistant products. It currently has negative earnings. The firm also provides private branded products comprising its proprietary brand LifeGuard, a low-smoke zero-halogen cable.

Since January 1, 0001, it had 4 insider buys, and 0 sales for $254,798 activity.

The stock increased 2.48% or $0.2 during the last trading session, reaching $8.25. About 14,149 shares traded. Houston Wire & Cable Company (HWCC) has risen 25.58% since May 30, 2017 and is uptrending. It has outperformed by 13.01% the S&P500.

Another recent and important Houston Wire & Cable Company (NASDAQ:HWCC) news was published by Seekingalpha.com which published an article titled: “Houston Wire & Cable’s (HWCC) CEO Jim Pokluda on Q1 2018 Results – Earnings Call Transcript” on May 12, 2018.

Rutabaga Capital Management Llc Ma holds 1.47% of its portfolio in Houston Wire & Cable Company for 851,654 shares. Thomson Horstmann & Bryant Inc owns 782,480 shares or 0.75% of their US portfolio. Moreover, Pacific Ridge Capital Partners Llc has 0.42% invested in the company for 211,440 shares. The New York-based Walthausen & Co. Llc has invested 0.31% in the stock. Ancora Advisors Llc, a Us-based fund reported 532,757 shares.

Analysts await Rapid7, Inc. (NASDAQ:RPD) to report earnings on August, 6. They expect $-0.28 EPS, down 7.69% or $0.02 from last year’s $-0.26 per share. After $-0.33 actual EPS reported by Rapid7, Inc. for the previous quarter, Wall Street now forecasts -15.15% EPS growth.

More notable recent Rapid7, Inc. (NASDAQ:RPD) news were published by: Seekingalpha.com which released: “Rapid7: Time To Exit” on May 15, 2018, also Globenewswire.com with their article: “Rapid7 Announces First Quarter 2018 Financial Results” published on May 08, 2018, Globenewswire.com published: “Rapid7 to Present at Upcoming Investor Conferences” on May 09, 2018. More interesting news about Rapid7, Inc. (NASDAQ:RPD) were released by: Seekingalpha.com and their article: “Rapid7’s (RPD) CEO Corey Thomas on Q1 2018 Results – Earnings Call Transcript” published on May 13, 2018 as well as Streetinsider.com‘s news article titled: “Rapid7 (RPD) PT Raised to $35 at RBC Capital” with publication date: May 07, 2018.

Among 16 analysts covering Rapid7 (NASDAQ:RPD), 14 have Buy rating, 0 Sell and 2 Hold. Therefore 88% are positive. Rapid7 had 47 analyst reports since August 11, 2015 according to SRatingsIntel. On Tuesday, January 30 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. The rating was maintained by Barclays Capital with “Overweight” on Thursday, February 11. The rating was initiated by Raymond James on Tuesday, August 11 with “Outperform”. The firm has “Overweight” rating by Barclays Capital given on Friday, October 9. The firm has “Equal-Weight” rating given on Wednesday, May 9 by Morgan Stanley. On Wednesday, September 6 the stock rating was maintained by Cowen & Co with “Buy”. Cowen & Co maintained Rapid7, Inc. (NASDAQ:RPD) rating on Friday, April 20. Cowen & Co has “Buy” rating and $3000 target. The stock of Rapid7, Inc. (NASDAQ:RPD) has “Buy” rating given on Monday, October 23 by Needham. The company was maintained on Friday, June 16 by Cowen & Co. The firm has “Buy” rating given on Sunday, September 24 by RBC Capital Markets.

Houston Wire & Cable Company (NASDAQ:HWCC) Institutional Positions Chart

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