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Datawatch (NASDAQ:DWCH) has received a consensus recommendation of “Buy” from the nine ratings firms that are currently covering the company, ARN reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $33.34.

Shares of Datawatch (NASDAQ:DWCH) traded up 1.10% on Friday, hitting $14.65. The stock had a trading volume of 34,561 shares. Datawatch has a 52 week low of $11.75 and a 52 week high of $38.70. The stock’s 50-day moving average is $13.78 and its 200-day moving average is $24.38. The company’s market cap is $157.0 million.

Datawatch (NASDAQ:DWCH) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by $0.08. During the same quarter in the previous year, the company posted ($0.10) earnings per share. On average, analysts predict that Datawatch will post $-0.94 earnings per share for the current fiscal year.

DWCH has been the subject of a number of recent research reports. Analysts at Imperial Capital initiated coverage on shares of Datawatch in a research note on Thursday. They set an “outperform” rating and a $18.00 price target on the stock. Separately, analysts at Sidoti downgraded shares of Datawatch from a “buy” rating to a “neutral” rating in a research note on Friday, April 11th. Finally, analysts at Sidoti downgraded shares of Datawatch from a “buy” rating to a “neutral” rating in a research note on Friday, April 11th.

Datawatch Corporation is engaged in the design, development, manufacture, marketing, and support of business computer software primarily for the operational reporting and data analysis, data integration, enterprise content management and business service management markets to allow organizations to access and analyze information in a more meaningful fashion.

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