eGain (EGAN) Receiving Somewhat Positive News Coverage, Report Shows

News headlines about eGain (NASDAQ:EGAN) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. eGain earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 44.0762992195963 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several analysts recently weighed in on the company. Dougherty & Co reiterated a “buy” rating on shares of eGain in a report on Monday, December 18th. Zacks Investment Research lowered eGain from a “buy” rating to a “hold” rating in a research note on Monday, November 20th. Craig Hallum upgraded eGain from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a research report on Monday, October 2nd. Roth Capital assumed coverage on eGain in a research report on Wednesday, January 17th. They issued a “buy” rating and a $8.00 price objective on the stock. Finally, ValuEngine lowered eGain from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $4.63.

eGain (NASDAQ EGAN) traded down $0.05 during midday trading on Tuesday, reaching $5.85. The company had a trading volume of 92,200 shares, compared to its average volume of 215,707. eGain has a 1 year low of $1.30 and a 1 year high of $6.10. The firm has a market cap of $160.82, a P/E ratio of -39.00 and a beta of 0.67. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of -0.91.

eGain (NASDAQ:EGAN) last issued its earnings results on Wednesday, November 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. The company had revenue of $14.58 million during the quarter, compared to analyst estimates of $14.38 million. During the same period last year, the business earned ($0.09) earnings per share. The firm’s revenue was down 1.2% compared to the same quarter last year. research analysts predict that eGain will post -0.13 EPS for the current fiscal year.

In other news, CFO Eric Smit sold 7,500 shares of the firm’s stock in a transaction dated Saturday, December 29th. The stock was sold at an average price of $5.22, for a total transaction of $39,150.00. Following the sale, the chief financial officer now owns 270,365 shares of the company’s stock, valued at approximately $1,411,305.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 20,000 shares of company stock worth $99,900 in the last ninety days. 39.00% of the stock is owned by corporate insiders.

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About eGain

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.

Insider Buying and Selling by Quarter for eGain (NASDAQ:EGAN)

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