Equities research analysts expect ChannelAdvisor Corp (NYSE:ECOM) to report earnings per share of $0.10 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for ChannelAdvisor’s earnings. ChannelAdvisor reported earnings of $0.03 per share during the same quarter last year, which indicates a positive year over year growth rate of 233.3%. The business is scheduled to issue its next earnings report on Thursday, November 14th.

On average, analysts expect that ChannelAdvisor will report full-year earnings of $0.43 per share for the current financial year, with EPS estimates ranging from $0.41 to $0.47. For the next year, analysts anticipate that the business will report earnings of $0.54 per share, with EPS estimates ranging from $0.49 to $0.62. Zacks’ EPS calculations are an average based on a survey of analysts that cover ChannelAdvisor.

ChannelAdvisor (NYSE:ECOM) last announced its quarterly earnings data on Thursday, August 8th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.03. ChannelAdvisor had a negative return on equity of 5.35% and a negative net margin of 4.09%. The business had revenue of $31.93 million during the quarter, compared to analysts’ expectations of $31.71 million. During the same quarter last year, the business posted ($0.10) EPS. The business’s quarterly revenue was down 2.2% compared to the same quarter last year.

ECOM has been the subject of several analyst reports. ValuEngine upgraded shares of ChannelAdvisor from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Zacks Investment Research upgraded shares of ChannelAdvisor from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a report on Thursday, August 15th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. ChannelAdvisor presently has a consensus rating of “Buy” and a consensus price target of $15.76.

ChannelAdvisor stock traded down $0.13 during trading on Friday, reaching $9.28. The stock had a trading volume of 117,655 shares, compared to its average volume of 68,050. ChannelAdvisor has a 52-week low of $8.01 and a 52-week high of $14.36. The business has a 50 day moving average price of $9.03 and a 200 day moving average price of $10.32. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.13. The stock has a market cap of $259.11 million, a PE ratio of -35.69 and a beta of 0.36.

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in shares of ChannelAdvisor by 74.1% in the fourth quarter. Bank of America Corp DE now owns 22,553 shares of the software maker’s stock valued at $256,000 after buying an additional 9,598 shares during the period. BNP Paribas Arbitrage SA raised its holdings in ChannelAdvisor by 77,442.9% during the first quarter. BNP Paribas Arbitrage SA now owns 5,428 shares of the software maker’s stock worth $66,000 after acquiring an additional 5,421 shares in the last quarter. State Board of Administration of Florida Retirement System grew its stake in ChannelAdvisor by 7.8% in the first quarter. State Board of Administration of Florida Retirement System now owns 28,412 shares of the software maker’s stock valued at $346,000 after purchasing an additional 2,056 shares in the last quarter. IndexIQ Advisors LLC acquired a new stake in shares of ChannelAdvisor in the 1st quarter valued at approximately $570,000. Finally, Spark Investment Management LLC raised its position in ChannelAdvisor by 67.2% during the first quarter. Spark Investment Management LLC now owns 151,500 shares of the software maker’s stock worth $1,845,000 after acquiring an additional 60,899 shares in the last quarter. 81.37% of the stock is owned by institutional investors and hedge funds.

ChannelAdvisor Company Profile

ChannelAdvisor Corporation provides software-as-a-service solutions in the United States and internationally. Its e-commerce cloud platform helps brands and retailers to improve their online performance by expanding sales channels, connecting with consumers around the world, optimizing their operations for peak performance, and providing actionable analytics to improve competitiveness.

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Earnings History and Estimates for ChannelAdvisor (NYSE:ECOM)

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