eGain (EGAN) Earning Somewhat Favorable Media Coverage, Accern Reports

Media coverage about eGain (NASDAQ:EGAN) has trended somewhat positive this week, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. 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 news impact score of 0.11 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 44.0762992195963 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of research analysts have recently commented on EGAN shares. Zacks Investment Research cut 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 for the company in a research note on Monday, October 2nd. ValuEngine cut eGain from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. Finally, Dougherty & Co restated a “buy” rating on shares of eGain in a research note on Monday, December 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $3.50.

eGain (NASDAQ EGAN) traded up $0.15 on Monday, hitting $5.70. The stock had a trading volume of 280,400 shares, compared to its average volume of 267,475. The stock has a market cap of $155.23, a PE ratio of -38.00 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 has a 52 week low of $1.30 and a 52 week high of $6.00.

eGain (NASDAQ:EGAN) last released its earnings results on Wednesday, November 8th. The technology company reported ($0.02) EPS for the quarter, beating the Zacks’ 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. The company’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.09) EPS. sell-side analysts predict that eGain will post -0.17 EPS for the current fiscal year.

In related news, CFO Eric Smit sold 7,500 shares of the firm’s stock in a transaction that occurred on Saturday, December 29th. The stock was sold at an average price of $5.22, for a total transaction of $39,150.00. Following the completion of the transaction, the chief financial officer now owns 270,365 shares of the company’s stock, valued at approximately $1,411,305.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 20,000 shares of company stock valued at $99,900. 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.

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