ChannelAdvisor - ECOM Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ChannelAdvisor in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ECOM shares.
View ECOM analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1 year target prices for ChannelAdvisor's stock. Their ECOM share price forecasts range from $24.00 to $26.00. On average, they predict the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 61.6% from the stock's current price.
View analysts price targets for ECOM or view top-rated stocks among Wall Street analysts.

ChannelAdvisor's stock was trading at $24.68 at the beginning of the year. Since then, ECOM stock has decreased by 37.3% and is now trading at $15.47.
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ChannelAdvisor saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,020,000 shares, a drop of 20.3% from the July 15th total of 1,280,000 shares. Based on an average daily trading volume, of 237,300 shares, the short-interest ratio is currently 4.3 days. Currently, 3.5% of the shares of the company are sold short.
View ChannelAdvisor's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our ECOM earnings forecast.

ChannelAdvisor Co. (NYSE:ECOM) issued its earnings results on Tuesday, August, 9th. The software maker reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03. The software maker had revenue of $42.80 million for the quarter, compared to analyst estimates of $42.70 million. ChannelAdvisor had a net margin of 23.74% and a trailing twelve-month return on equity of 7.03%.

ChannelAdvisor updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $43.40 million-$43.80 million, compared to the consensus revenue estimate of $44.28 million.

102 employees have rated ChannelAdvisor Chief Executive Officer David Spitz on Glassdoor.com. David Spitz has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ChannelAdvisor investors own include Advanced Micro Devices (AMD), CrowdStrike (CRWD), NVIDIA (NVDA), Pfizer (PFE), DocuSign (DOCU), QUALCOMM (QCOM), Applied Materials (AMAT), Marvell Technology (MRVL), Skyworks Solutions (SWKS) and Taiwan Semiconductor Manufacturing (TSM).

ChannelAdvisor trades on the New York Stock Exchange (NYSE) under the ticker symbol "ECOM."

ChannelAdvisor's stock is owned by a number of retail and institutional investors. Top institutional investors include Royce & Associates LP (1.50%), Loomis Sayles & Co. L P (1.26%), Lapides Asset Management LLC (1.22%), Assenagon Asset Management S.A. (0.89%), Herald Investment Management Ltd (0.82%) and Russell Investments Group Ltd. (0.62%). Insiders that own company stock include David J Spitz, Elizabeth Segovia, Janet Raye Cowell, M Scot Wingo, Marshall Heinberg, Timothy Buckley and Timothy V Williams.
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Shares of ECOM 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 ECOM stock can currently be purchased for approximately $15.47.

ChannelAdvisor (NYSE:ECOM) has a market capitalization of $471.53 million and generates $167.73 million in revenue each year. The software maker earns $47.22 million in net income (profit) each year or $1.29 on an earnings per share basis.

The company employs 846 workers across the globe.

ChannelAdvisor's mailing address is 3025 Carrington Mill Boulevard, Morrisville NC, 27560. The official website for the company is www.channeladvisor.com. The software maker can be reached via phone at (919) 228-4700, via email at raiford.garrabrant@channeladvisor.com, or via fax at 866-225-3085.