AutoWeb - AUTO Stock Forecast, Price & News

AutoWeb, Inc. operates as a digital marketing company for the automotive industry in the United States. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to consumers through its programs. The company's products include new vehicle lead program, which allows consumers to submit requests for pricing and availability of specific makes and models; and used vehicle lead program, which allows consumers to search for used vehicles according to specific search parameters, such as price, make, model, mileage, year, and location of the vehicle. Its products and services also comprise WebLeads+ that offers various coupon options, which display marketing messages to consumers visiting the dealer's website; and Payment Pro, a dealer website conversion tool that offers consumers real-time online monthly payment information, as well as sells fixed placement advertising across its Website to automotive advertisers. It owns and operates automotive websites that offers consumers with the information and tools to aid them with their automotive purchase decisions; direct marketing platform that enables manufacturers to selectively target in-market consumers during the often-extended vehicle shopping process; and click traffic referral program, a pay-per-click advertising program that offer targeted offers to consumers based on make, model, and geographic location. The company was formerly known as Autobytel Inc. and changed its name to AutoWeb, Inc. in October 2017. AutoWeb, Inc. was founded in 1995 and is headquartered in Tampa, Florida.

AutoWeb Stock Performance

Shares of AUTO remained flat at $0.39 during trading hours on Friday. The stock had a trading volume of 187,400 shares, compared to its average volume of 192,001. The firm has a market cap of $5.41 million, a price-to-earnings ratio of -0.50 and a beta of 2.09. The company's 50-day moving average is $0.40 and its 200 day moving average is $1.56. AutoWeb has a 1 year low of $0.29 and a 1 year high of $4.35.

AutoWeb (NASDAQ:AUTO - Get Rating) last released its quarterly earnings data on Monday, May 16th. The information services provider reported ($0.32) EPS for the quarter. The company had revenue of $19.06 million during the quarter, compared to analysts' expectations of $18.38 million. AutoWeb had a negative return on equity of 76.04% and a negative net margin of 14.11%.

Analyst Ratings Changes

A number of research firms have weighed in on AUTO. Lake Street Capital lowered their price target on AutoWeb from $2.50 to $1.50 in a research report on Tuesday, May 17th. Ascendiant Capital Markets lowered their price target on AutoWeb from $2.00 to $1.25 and set a "na" rating on the stock in a research report on Thursday, May 19th. StockNews.com began coverage on AutoWeb in a report on Tuesday, August 9th. They issued a "hold" rating on the stock. Finally, Barrington Research downgraded AutoWeb from a "market perform" rating to an "underperform" rating in a report on Tuesday, May 17th.