Northland Capital Partners Increases inContact Price Target to $11.50 (SAAS)
Equities research analysts at Northland Capital Partners upped their target price on shares of inContact (NASDAQ:SAAS) from $10.00 to $11.50 in a research note issued to investors on Wednesday, Analyst Ratings Net reports. The firm currently has an “outperform” rating on the stock. Northland Capital Partners’ price objective suggests a potential upside of 27.78% from the stock’s previous close.
inContact (NASDAQ:SAAS) opened at 9.00 on Wednesday. inContact has a one year low of $5.61 and a one year high of $9.77. The stock has a 50-day moving average of $8.24 and a 200-day moving average of $8.17. The company’s market cap is $499.0 million.
inContact (NASDAQ:SAAS) last issued its quarterly earnings data on Monday, November 4th. The company reported ($0.05) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.05). The company had revenue of $32.20 million for the quarter, compared to the consensus estimate of $32.37 million. During the same quarter last year, the company posted ($0.02) earnings per share. inContact’s revenue was up 15.4% compared to the same quarter last year. Analysts expect that inContact will post $-0.15 EPS for the current fiscal year.
inContact, Inc (NASDAQ:SAAS) is a provider of cloud-based contact center solutions.
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