News coverage about Autoweb (NASDAQ:AUTO) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog 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. Autoweb earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the information services provider an impact score of 43.710769689078 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several research analysts recently weighed in on the company. Zacks Investment Research upgraded Autoweb from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Friday, December 29th. Barrington Research upgraded Autoweb from a “market perform” rating to an “outperform” rating in a research report on Tuesday, November 7th. B. Riley restated a “buy” rating and set a $12.00 price target on shares of Autoweb in a research report on Friday, November 3rd. Finally, TheStreet lowered Autoweb from a “c” rating to a “d+” rating in a research report on Monday, October 9th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $11.00.
Autoweb (AUTO) opened at $9.38 on Friday. The stock has a market capitalization of $122.72, a price-to-earnings ratio of 55.18 and a beta of 1.07. Autoweb has a fifty-two week low of $6.63 and a fifty-two week high of $14.79. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 0.07.
Autoweb (NASDAQ:AUTO) last posted its quarterly earnings results on Thursday, November 2nd. The information services provider reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.08. Autoweb had a return on equity of 7.47% and a net margin of 1.51%. The company had revenue of $36.90 million for the quarter, compared to analysts’ expectations of $36.84 million. During the same period last year, the firm earned $0.49 earnings per share. Autoweb’s quarterly revenue was down 12.6% on a year-over-year basis. research analysts anticipate that Autoweb will post 0.49 EPS for the current year.
In other Autoweb news, EVP Kimberly Boren sold 10,000 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $9.22, for a total value of $92,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jeffrey H. Coats sold 19,590 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $8.62, for a total value of $168,865.80. The disclosure for this sale can be found here. 20.73% of the stock is owned by company insiders.
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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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