Dougherty & Co Reiterates Buy Rating for eGain Communications (EGAN)
eGain Communications (NASDAQ:EGAN)‘s stock had its “buy” rating reaffirmed by stock analysts at Dougherty & Co in a report issued on Thursday, Analyst Ratings.Net reports. They currently have a $12.50 target price on the stock. Dougherty & Co’s target price would indicate a potential downside of 12.53% from the company’s current price.
A number of other firms have also recently commented on EGAN. Analysts at Ladenburg Thalmann reiterated a “buy” rating on shares of eGain Communications (NASDAQ:EGAN) in a research note to investors on Thursday. They now have a $14.50 price target on the stock. Separately, analysts at Northland Securities raised their price target on shares of eGain Communications (NASDAQ:EGAN) from $13.50 to $16.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Finally, analysts at Northland Capital Partners raised their price target on shares of eGain Communications (NASDAQ:EGAN) from $13.50 to $16.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Seven analysts have rated the stock with a buy rating, eGain Communications has a consensus rating of “Buy” and a consensus target price of $14.25.
eGain Communications (NASDAQ:EGAN) traded up 5.04% during mid-day trading on Thursday, hitting $15.01. The stock had a trading volume of 31,586 shares. eGain Communications has a 52 week low of $3.72 and a 52 week high of $14.96. The stock’s 50-day moving average is $12.60 and its 200-day moving average is $9.7. The company has a market cap of $376.0 million and a P/E ratio of 510.36.
eGain Communications (NASDAQ:EGAN) last announced its earnings results on Wednesday, August 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.09. The company had revenue of $18.00 million for the quarter, compared to the consensus estimate of $14.54 million. During the same quarter last year, the company posted ($0.14) earnings per share. On average, analysts predict that eGain Communications will post $-0.03 earnings per share for the current fiscal year.
eGain Communications Corporation (NASDAQ:EGAN) provides multichannel customer service and knowledge management software for in-house or cloud deployment.
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