Shares of eGain Corp (NASDAQ:EGAN) have received a consensus rating of “Buy” from the six brokerages that are covering the firm, reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $4.63.

EGAN has been the topic of several recent analyst reports. Zacks Investment Research upgraded eGain from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a report on Wednesday, November 22nd. ValuEngine downgraded eGain from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Roth Capital initiated coverage on eGain in a report on Wednesday. They set a “buy” rating and a $8.00 price objective on the stock. Craig Hallum upgraded eGain from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a report on Monday, October 2nd. Finally, Dougherty & Co restated a “buy” rating on shares of eGain in a report on Monday, December 18th.

Shares of eGain (EGAN) opened at $5.35 on Wednesday. The company has a debt-to-equity ratio of -0.91, a quick ratio of 0.61 and a current ratio of 0.61. The stock has a market capitalization of $145.70, a PE ratio of -35.67 and a beta of 0.66. eGain has a twelve month low of $1.30 and a twelve month high of $6.00.

eGain (NASDAQ:EGAN) last posted its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. The company had revenue of $14.58 million for the quarter, compared to analyst estimates of $14.38 million. eGain’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.09) EPS. equities analysts expect that eGain will post -0.17 earnings per share for the current year.

In other news, CFO Eric Smit sold 7,500 shares of the company’s stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $5.00, for a total value of $37,500.00. Following the transaction, the chief financial officer now owns 276,303 shares in the company, valued at approximately $1,381,515. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 20,000 shares of company stock worth $99,900 in the last quarter. 39.00% of the stock is owned by corporate insiders.

An institutional investor recently raised its position in eGain stock. Oaktop Capital Management II L.P. grew its holdings in eGain Corp (NASDAQ:EGAN) by 24.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,536,843 shares of the technology company’s stock after purchasing an additional 500,000 shares during the period. eGain comprises 1.1% of Oaktop Capital Management II L.P.’s portfolio, making the stock its 12th largest holding. Oaktop Capital Management II L.P. owned about 9.32% of eGain worth $6,849,000 as of its most recent SEC filing. Institutional investors own 51.31% of the company’s stock.

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eGain Company Profile

eGain Corporation (eGain) provides cloud-based and on-site customer engagement software solutions. The Company optimizes service processes across the Web, social and phone channels. The Company’s solutions help business to consumer (B2C) businesses to operationalize digital customer engagement strategies.

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