eGain (NASDAQ:EGAN) announced its earnings results on Thursday. The technology company reported $0.02 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.03, Bloomberg Earnings reports. The business had revenue of $15.40 million for the quarter, compared to the consensus estimate of $14.74 million. During the same quarter last year, the firm posted ($0.04) EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis.
eGain (NASDAQ EGAN) traded up $0.70 on Friday, hitting $5.90. The stock had a trading volume of 108,870 shares, compared to its average volume of 159,145. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of -0.91. The stock has a market cap of $139.02, a price-to-earnings ratio of -34.66 and a beta of 0.05. eGain has a 12-month low of $1.30 and a 12-month high of $6.50.
Several research firms have recently issued reports on EGAN. Roth Capital began coverage on eGain in a research report on Wednesday, January 17th. They issued a “buy” rating and a $8.00 price target for the company. Zacks Investment Research lowered eGain from a “buy” rating to a “hold” rating in a research report on Monday, November 20th. ValuEngine lowered eGain from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Benchmark raised eGain from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Dougherty & Co reaffirmed a “buy” rating on shares of eGain in a research report on Monday, December 18th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $4.63.
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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