News stories about eGain (NASDAQ:EGAN) have trended somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. eGain earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 44.6672665228488 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of research firms have recently weighed in on EGAN. Dougherty & Co reaffirmed a “buy” rating on shares of eGain in a research report on Monday, December 18th. ValuEngine cut eGain from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Zacks Investment Research raised eGain from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a research report on Wednesday, November 22nd. Finally, Craig Hallum raised eGain from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a research report on Monday, October 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $3.50.
eGain (NASDAQ EGAN) traded up $0.55 during mid-day trading on Thursday, hitting $5.85. The stock had a trading volume of 226,308 shares, compared to its average volume of 243,288. The stock has a market cap of $159.31, a PE ratio of -39.00 and a beta of 0.66. eGain has a 12-month low of $1.30 and a 12-month high of $6.00. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of -0.91.
eGain (NASDAQ:EGAN) last issued its earnings results on Wednesday, November 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.04. The business had revenue of $14.58 million for the quarter, compared to the consensus estimate of $14.38 million. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period last year, the business posted ($0.09) EPS. equities analysts forecast that eGain will post -0.17 earnings per share for the current year.
In related news, CFO Eric Smit sold 7,500 shares of eGain stock in a transaction that occurred on Wednesday, December 20th. The stock was sold at an average price of $5.00, for a total transaction of $37,500.00. Following the sale, the chief financial officer now owns 276,303 shares of the company’s stock, valued at approximately $1,381,515. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 20,000 shares of company stock worth $99,900 in the last three months. 39.00% of the stock is owned by corporate insiders.
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eGain Corporation (eGain) provides cloud-based and on-site customer engagement software solutions. The Company optimizes service processes across the Web, social and phone channels. The Company’s solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies.
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