Somewhat Positive News Coverage Somewhat Unlikely to Affect Autoweb (AUTO) Share Price

Headlines about Autoweb (NASDAQ:AUTO) have been trending somewhat positive on Sunday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Autoweb earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news coverage about the information services provider an impact score of 45.1664770302753 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of Autoweb (NASDAQ AUTO) opened at $9.38 on Friday. The stock has a market cap of $122.72, a P/E ratio of 55.18 and a beta of 1.07. Autoweb has a 1 year low of $6.63 and a 1 year high of $14.79. The company has a current ratio of 2.99, a quick ratio of 2.99 and a debt-to-equity ratio of 0.07.

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

A number of analysts recently issued reports on the stock. Barrington Research raised shares of Autoweb from a “market perform” rating to an “outperform” rating in a research report on Tuesday, November 7th. Zacks Investment Research downgraded shares of Autoweb from a “buy” rating to a “hold” rating in a research report on Thursday, December 28th. TheStreet downgraded shares of Autoweb from a “c” rating to a “d+” rating in a research report on Monday, October 9th. Finally, B. Riley reissued a “buy” rating and set a $12.00 target price on shares of Autoweb in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $11.00.

In other Autoweb news, insider Jeffrey H. Coats sold 19,590 shares of the company’s 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Kimberly Boren sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $9.22, for a total value of $92,200.00. The disclosure for this sale can be found here. 20.73% of the stock is owned by corporate insiders.

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Autoweb Company Profile

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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