eGain Corp (NASDAQ:EGAN) has been assigned a consensus rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $6.67.
EGAN has been the topic of a number of research reports. Zacks Investment Research upgraded shares of eGain from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a research report on Wednesday, November 22nd. ValuEngine downgraded shares of eGain from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Benchmark upgraded shares of eGain from a “hold” rating to a “buy” rating and set a $8.00 target price on the stock in a research report on Friday, February 9th. Roth Capital initiated coverage on shares of eGain in a research report on Wednesday, January 17th. They set a “buy” rating and a $8.00 target price on the stock. Finally, Dougherty & Co reiterated a “buy” rating on shares of eGain in a research report on Monday, December 18th.
In other eGain news, CFO Eric Smit sold 7,500 shares of the company’s stock in a transaction on Friday, December 29th. The shares were sold at an average price of $5.22, for a total transaction of $39,150.00. Following the transaction, the chief financial officer now owns 270,365 shares in the company, valued at $1,411,305.30. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 32,500 shares of company stock worth $195,400. Corporate insiders own 39.00% of the company’s stock.
eGain (EGAN) traded down $0.05 during trading on Thursday, hitting $7.80. 109,300 shares of the company were exchanged, compared to its average volume of 198,278. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of -0.64. eGain has a 52 week low of $1.30 and a 52 week high of $8.00. The firm has a market cap of $212.82, a P/E ratio of -55.71 and a beta of -0.50.
eGain (NASDAQ:EGAN) last released its earnings results on Thursday, February 8th. The technology company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.03. The company had revenue of $15.40 million for the quarter, compared to analyst estimates of $14.74 million. During the same quarter in the previous year, the firm earned ($0.04) EPS. The firm’s revenue was up 2.7% on a year-over-year basis. analysts anticipate that eGain will post -0.13 earnings per share for the current fiscal year.
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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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