Carbonite (CARB) Scheduled to Post Quarterly Earnings on Wednesday
Carbonite (NASDAQ:CARB) is scheduled to be announcing its Q313 earnings results on Wednesday, October 30th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $26.96 million for the quarter.
Carbonite (NASDAQ:CARB) opened at 15.13 on Tuesday. Carbonite has a 52-week low of $5.75 and a 52-week high of $16.50. The stock’s 50-day moving average is $14.16 and its 200-day moving average is $11.94. The company’s market cap is $396.2 million.
A number of research firms have recently commented on CARB. Analysts at Zacks downgraded shares of Carbonite from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, October 1st. They now have a $17.40 price target on the stock. Finally, analysts at Northland Capital Partners upgraded shares of Carbonite from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, August 1st. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Carbonite has an average rating of “Buy” and a consensus price target of $15.63.
Carbonite, Inc (NASDAQ:CARB) focuses on the development and marketing of personal computer backup software that enables users to backup, access, and restore data files online.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.