Datawatch (NASDAQ:DWCH) is scheduled to post its quarterly earnings results after the market closes on Thursday, January 25th. Analysts expect Datawatch to post earnings of ($0.02) per share for the quarter.
Datawatch (NASDAQ:DWCH) last announced its quarterly earnings results on Wednesday, November 1st. The technology company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.03). The company had revenue of $10.20 million for the quarter, compared to analyst estimates of $9.49 million. Datawatch had a negative return on equity of 6.82% and a negative net margin of 11.01%. The firm’s quarterly revenue was up 18.6% on a year-over-year basis. On average, analysts expect Datawatch to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Datawatch (DWCH) opened at $11.20 on Thursday. The firm has a market capitalization of $142.20, a PE ratio of -32.94, a price-to-earnings-growth ratio of 8.29 and a beta of 0.81. Datawatch has a 12-month low of $5.40 and a 12-month high of $12.65.
An institutional investor recently raised its position in Datawatch stock. Northern Trust Corp increased its holdings in shares of Datawatch Co. (NASDAQ:DWCH) by 4.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 24,514 shares of the technology company’s stock after acquiring an additional 1,148 shares during the period. Northern Trust Corp owned approximately 0.20% of Datawatch worth $228,000 as of its most recent SEC filing. Institutional investors own 39.54% of the company’s stock.
Several equities research analysts have weighed in on the company. Zacks Investment Research downgraded Datawatch from a “hold” rating to a “sell” rating in a research report on Monday, January 8th. Craig Hallum set a $18.00 price target on Datawatch and gave the stock a “buy” rating in a research report on Friday, January 5th. ValuEngine raised Datawatch from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $10.00 price target on shares of Datawatch in a research report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $13.33.
Datawatch Company Profile
Datawatch Corporation is engaged in the design, development, marketing, distribution and support of business computer software primarily for the self-service data preparation and visual data discovery markets. The Company also provides services, including implementation and support of its software products, as well as training on their use and administration.
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