News coverage about Autobytel (NASDAQ:AUTO) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Autobytel earned a coverage optimism score of 0.24 on Accern’s scale. Accern also assigned news headlines about the information services provider an impact score of 44.2607840320581 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
AUTO has been the subject of several recent research reports. B. Riley reissued a “buy” rating and issued a $12.00 price target on shares of Autobytel in a research note on Wednesday, August 9th. Zacks Investment Research downgraded shares of Autobytel from a “hold” rating to a “strong sell” rating in a research note on Monday, August 14th. ValuEngine downgraded shares of Autobytel from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. TheStreet downgraded shares of Autobytel from a “c” rating to a “d+” rating in a research note on Monday, October 9th. Finally, Barrington Research raised shares of Autobytel from a “market perform” rating to an “outperform” rating in a research note on Tuesday, November 7th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $10.25.
Shares of Autobytel (NASDAQ AUTO) opened at $9.38 on Tuesday. Autobytel has a one year low of $6.63 and a one year high of $15.28. The firm has a market cap of $113.96, a price-to-earnings ratio of 12.62 and a beta of 1.07. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.99 and a quick ratio of 2.99.
Autobytel (NASDAQ:AUTO) last released its quarterly earnings data on Thursday, November 2nd. The information services provider reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.08. Autobytel had a net margin of 1.51% and a return on equity of 7.47%. The firm had revenue of $36.90 million for the quarter, compared to analysts’ expectations of $36.84 million. During the same quarter in the previous year, the company earned $0.49 earnings per share. The company’s revenue for the quarter was down 12.6% compared to the same quarter last year. equities analysts anticipate that Autobytel will post 0.49 EPS for the current fiscal year.
In other Autobytel news, insider Jeffrey H. Coats sold 19,590 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $8.62, for a total value of $168,865.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 12.80% of the stock is currently owned by insiders.
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Autobytel Company Profile
AutoWeb, Inc, formerly Autobytel Inc, is an automotive marketing services company that assists automotive retail dealers and automotive manufacturers market and sell new and used vehicles to consumers through the programs for online lead referrals, dealer marketing products and services, and online advertising programs and mobile products.
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