News articles about Datawatch (NASDAQ:DWCH) have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring 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 nearest to one being the most favorable. Datawatch earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 45.0434016018816 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Datawatch (NASDAQ:DWCH) opened at $11.60 on Friday. The stock has a market cap of $140.97, a PE ratio of -34.12, a P/E/G ratio of 8.21 and a beta of 0.81. Datawatch has a 12 month low of $5.40 and a 12 month high of $12.65.
Datawatch (NASDAQ:DWCH) last issued its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.03). Datawatch had a negative return on equity of 6.82% and a negative net margin of 11.01%. The business had revenue of $10.20 million during the quarter, compared to the consensus estimate of $9.49 million. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. equities analysts expect that Datawatch will post 0.07 EPS for the current year.
A number of equities research analysts have recently issued reports on the stock. Canaccord Genuity reaffirmed a “hold” rating and issued a $10.00 price objective on shares of Datawatch in a research note on Monday, October 30th. Zacks Investment Research lowered shares of Datawatch from a “hold” rating to a “sell” rating in a report on Monday, January 8th. ValuEngine upgraded shares of Datawatch from a “sell” rating to a “hold” rating in a report on Sunday, December 31st. Finally, Craig Hallum set a $18.00 price target on shares of Datawatch and gave the company a “buy” rating in a report on Friday, January 5th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Datawatch has an average rating of “Hold” and a consensus price target of $13.33.
In other news, CFO James Eliason sold 16,156 shares of the firm’s stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $9.91, for a total transaction of $160,105.96. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Michael Anthony Morrison sold 24,426 shares of the firm’s stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $10.07, for a total transaction of $245,969.82. Following the completion of the transaction, the chief executive officer now directly owns 147,465 shares in the company, valued at approximately $1,484,972.55. The disclosure for this sale can be found here. Corporate insiders own 17.69% of the company’s stock.
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Datawatch Corporation is engaged in the design, development, marketing, distribution and support of business computer software primarily for the self-service data preparation and visual data discovery markets. The Company also provides services, including implementation and support of its software products, as well as training on their use and administration.
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