Media stories about CommerceHub (NASDAQ:CHUBA) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. CommerceHub earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.8662282154496 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of equities analysts recently weighed in on CHUBA shares. Zacks Investment Research downgraded shares of CommerceHub from a “buy” rating to a “hold” rating in a report on Friday, December 1st. Oppenheimer assumed coverage on shares of CommerceHub in a research report on Friday, December 22nd. They issued a “market perform” rating on the stock. CIBC assumed coverage on shares of CommerceHub in a research report on Friday, December 22nd. They issued a “market perform” rating on the stock. BidaskClub cut shares of CommerceHub from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Finally, Northland Securities started coverage on shares of CommerceHub in a research report on Thursday, December 28th. They set an “outperform” rating and a $28.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $26.17.
NASDAQ:CHUBA opened at $22.50 on Friday. The company has a market cap of $978.43, a PE ratio of 102.28, a P/E/G ratio of 3.20 and a beta of -0.17. CommerceHub has a fifty-two week low of $14.94 and a fifty-two week high of $24.53.
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CommerceHub, Inc is a provider of cloud-based e-commerce fulfillment and marketing solutions that integrate supply, demand and delivery for retailers and consumer brands, manufacturers and distributors. The Company’s end-to-end solutions are provided through the CommerceHub software platform, a hub that streamlines integration and enables transactions among its retailer and supplier customers and their other trading partners, while also enabling them to access the online marketplaces, search engines, social and product advertising and other digital marketing channels where consumers browse and buy.
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