Borderfree Stock Rating Reaffirmed by RBC Capital (BRDR)
Borderfree (NASDAQ:BRDR)‘s stock had its “sector perform” rating reaffirmed by analysts at RBC Capital in a research report issued to clients and investors on Tuesday. They currently have a $17.00 price objective on the stock. RBC Capital’s price target suggests a potential upside of 27.92% from the company’s current price.
Borderfree (NASDAQ:BRDR) traded up 0.30% during mid-day trading on Tuesday, hitting $13.29. 362,836 shares of the company’s stock traded hands. Borderfree has a 52-week low of $10.82 and a 52-week high of $21.25. The stock’s 50-day moving average is $15.57 and its 200-day moving average is $15.36. The company’s market cap is $418.0 million.
Borderfree (NASDAQ:BRDR) last released its earnings data on Monday, August 4th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.05. The company had revenue of $31.00 million for the quarter, compared to the consensus estimate of $30.54 million. The company’s revenue for the quarter was up 21.0% on a year-over-year basis. Analysts expect that Borderfree will post $0.08 EPS for the current fiscal year.
Borderfree’s e-commerce technology enables the retailers to market, sell and fulfill merchandise internationally to shoppers in every corner of the globe.
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