Autoweb (AUTO) Receiving Somewhat Favorable Media Coverage, Analysis Shows

News coverage about Autoweb (NASDAQ:AUTO) has trended somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Autoweb earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 44.0041198888957 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of Autoweb (NASDAQ AUTO) opened at $9.38 on Tuesday. Autoweb has a 12-month low of $6.63 and a 12-month high of $14.79. The company has a debt-to-equity ratio of 0.07, a quick ratio of 2.99 and a current ratio of 2.99. The stock has a market cap of $122.38, a P/E ratio of 55.18 and a beta of 1.07.

Autoweb (NASDAQ:AUTO) last posted its quarterly earnings results on Thursday, November 2nd. The information services provider reported $0.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.08. Autoweb had a net margin of 1.51% and a return on equity of 7.47%. The company had revenue of $36.90 million during the quarter, compared to the consensus estimate of $36.84 million. During the same period last year, the firm earned $0.49 EPS. The company’s revenue for the quarter was down 12.6% on a year-over-year basis. sell-side analysts anticipate that Autoweb will post 0.49 earnings per share for the current year.

A number of brokerages recently commented on AUTO. Zacks Investment Research upgraded shares of Autoweb from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. B. Riley restated a “buy” rating and issued a $12.00 price objective on shares of Autoweb in a research report on Friday, November 3rd. TheStreet downgraded shares of Autoweb from a “c” rating to a “d+” rating in a research report on Monday, October 9th. Finally, Barrington Research upgraded shares of Autoweb from a “market perform” rating to an “outperform” rating in a research report on Tuesday, November 7th. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $11.00.

In related news, EVP Kimberly Boren sold 10,000 shares of Autoweb stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $9.22, for a total transaction of $92,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jeffrey H. Coats sold 19,590 shares of Autoweb stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $8.62, for a total value of $168,865.80. The disclosure for this sale can be found here. Insiders own 12.80% of the company’s stock.

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About Autoweb

AutoWeb, Inc, formerly Autobytel Inc, is an automotive marketing services company that assists automotive retail dealers and automotive manufacturers market and sell new and used vehicles to consumers through the programs for online lead referrals, dealer marketing products and services, and online advertising programs and mobile products.

Insider Buying and Selling by Quarter for Autoweb (NASDAQ:AUTO)

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