ChannelAdvisor (ECOM) Receiving Somewhat Negative Media Coverage, Study Shows

News headlines about ChannelAdvisor (NYSE:ECOM) have been trending somewhat negative on Thursday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. ChannelAdvisor earned a news impact score of -0.03 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 44.3358547860248 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.

Several research firms recently commented on ECOM. BidaskClub upgraded ChannelAdvisor from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. DA Davidson began coverage on ChannelAdvisor in a research note on Friday, September 22nd. They issued a “neutral” rating and a $12.50 target price for the company. Dougherty & Co began coverage on ChannelAdvisor in a research note on Tuesday, December 19th. They issued a “neutral” rating for the company. Zacks Investment Research lowered ChannelAdvisor from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $18.00 target price on shares of ChannelAdvisor in a research note on Wednesday, November 1st. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. ChannelAdvisor presently has a consensus rating of “Hold” and a consensus price target of $14.13.

ChannelAdvisor (NYSE ECOM) traded up $0.15 during mid-day trading on Thursday, reaching $9.20. The company’s stock had a trading volume of 48,600 shares, compared to its average volume of 68,036. ChannelAdvisor has a 1 year low of $8.30 and a 1 year high of $15.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.94 and a current ratio of 1.94. The stock has a market capitalization of $240.46, a P/E ratio of -23.00 and a beta of 0.10.

ChannelAdvisor (NYSE:ECOM) last posted its quarterly earnings results on Thursday, November 2nd. The software maker reported ($0.15) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.17) by $0.02. ChannelAdvisor had a negative return on equity of 9.48% and a negative net margin of 8.54%. The firm had revenue of $30.10 million during the quarter, compared to the consensus estimate of $30.08 million. During the same quarter in the previous year, the business earned ($0.12) earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. equities analysts predict that ChannelAdvisor will post -0.58 earnings per share for the current fiscal year.

In related news, Director Joseph L. Cowan bought 16,870 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The stock was bought at an average price of $8.48 per share, with a total value of $143,057.60. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Mark Cook bought 10,000 shares of the firm’s stock in a transaction dated Wednesday, November 8th. The stock was bought at an average cost of $8.80 per share, with a total value of $88,000.00. Following the transaction, the chief financial officer now directly owns 153,445 shares of the company’s stock, valued at $1,350,316. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 30,000 shares of company stock valued at $257,913. 11.30% of the stock is owned by company insiders.

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ChannelAdvisor Company Profile

Channeladvisor Corporation is a provider of Software as a service (SaaS) solutions. The Company’s SaaS solutions enable retailer and branded manufacturer customers to integrate, manage and optimize their merchandise sales via hundreds of online channels. The Company’s platform enable its customers to connect with new and existing sources of demand for their products, including e-commerce marketplaces, such as Amazon, eBay, Jet.com, Newegg, Sears and Walmart, search engines and comparison shopping Websites, such as Google, Microsoft’s Bing and Nextag, and social channels, such as Facebook, Instagram and Pinterest.

Insider Buying and Selling by Quarter for ChannelAdvisor (NYSE:ECOM)

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