SeaChange International (SEAC) Stock Forecast, Price & News

SeaChange International's stock was trading at $9.4220 at the start of the year. Since then, SEAC shares have decreased by 11.5% and is now trading at $8.34.
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SeaChange International saw a decrease in short interest in May. As of May 15th, there was short interest totaling 7,900 shares, a decrease of 96.7% from the April 30th total of 242,000 shares. Based on an average daily trading volume, of 9,100 shares, the days-to-cover ratio is currently 0.9 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 14th 2023.
View our SEAC earnings forecast.

SeaChange International, Inc. (NASDAQ:SEAC) announced its earnings results on Tuesday, December, 14th. The software maker reported ($0.60) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.20) by $0.60. The software maker earned $7.15 million during the quarter. SeaChange International had a negative trailing twelve-month return on equity of 1.65% and a negative net margin of 35.10%. During the same period in the previous year, the firm earned ($2.40) earnings per share.

SeaChange International shares reverse split on the morning of Tuesday, May 23rd 2023. The 1-20 reverse split was announced on Tuesday, May 23rd 2023. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, May 23rd 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

5 employees have rated SeaChange International Chief Executive Officer Yossi Aloni on Glassdoor.com. Yossi Aloni has an approval rating of 2% among the company's employees. This puts Yossi Aloni in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other SeaChange International investors own include Energy Transfer (ET), Inovio Pharmaceuticals (INO), OPKO Health (OPK), Nokia Oyj (NOK), Pfizer (PFE), Sierra Wireless (SWIR), AT&T (T), CBL & Associates Properties (CBL), OpGen (OPGN) and Xilinx (XLNX).

SeaChange International trades on the NASDAQ under the ticker symbol "SEAC."

SeaChange International's stock is owned by many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.55%) and Bank of America Corp DE (0.21%). Insiders that own company stock include Karen Singer, Marek Kielczewski, Michael Prinn, Peter D Aquino, Robert M Pons and Yosef Aloni.
View institutional ownership trends.

Shares of SEAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SEAC stock can currently be purchased for approximately $8.34.

SeaChange International (NASDAQ:SEAC) has a market capitalization of $21.02 million and generates $32.49 million in revenue each year. The software maker earns $-11,400,000.00 in net income (profit) each year or ($4.60) on an earnings per share basis.

The company employs 150 workers across the globe.

SeaChange International's mailing address is 500 TOTTEN POND ROAD, WALTHAM MA, 02451. The official website for the company is www.seachange.com. The software maker can be reached via phone at (978) 897-0100, via email at seac@gatewayir.com, or via fax at 978-897-0132.