eGain (EGAN) Given “Buy” Rating at Dougherty & Co

eGain (NASDAQ:EGAN)‘s stock had its “buy” rating reaffirmed by research analysts at Dougherty & Co in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. Dougherty & Co also issued estimates for eGain’s Q2 2018 earnings at ($0.05) EPS and FY2018 earnings at ($0.17) EPS.

Several other equities research analysts also recently weighed in on the stock. ValuEngine downgraded shares of eGain from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Zacks Investment Research raised shares of eGain from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a research note on Wednesday, November 22nd. Finally, Craig Hallum raised shares of eGain from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a research note on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $3.50.

Shares of eGain (EGAN) opened at $4.95 on Monday. eGain has a 12 month low of $1.30 and a 12 month high of $5.15. 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 announced its earnings results on Wednesday, November 8th. The technology company reported ($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.04. The firm had revenue of $14.58 million during the quarter, compared to analysts’ expectations of $14.38 million. During the same period in the prior year, the company posted ($0.09) EPS. The company’s revenue was down 1.2% compared to the same quarter last year. equities analysts expect that eGain will post -0.17 EPS for the current year.

A hedge fund recently bought a new stake in eGain stock. Oaktop Capital Management II L.P. purchased a new position in eGain Corp (NASDAQ:EGAN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,036,843 shares of the technology company’s stock, valued at approximately $3,361,000. eGain accounts for about 0.6% of Oaktop Capital Management II L.P.’s holdings, making the stock its 17th largest holding. Oaktop Capital Management II L.P. owned 7.51% of eGain as of its most recent SEC filing. 51.31% of the stock is owned by hedge funds and other institutional investors.

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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.

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