NYSE:ECOMChannelAdvisor Stock Price, Forecast & News

ChannelAdvisor's stock was trading at $7.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ECOM shares have increased by 117.8% and is now trading at $15.38. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ChannelAdvisor in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for ChannelAdvisor.

ChannelAdvisor is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for ChannelAdvisor.

ChannelAdvisor Corp (NYSE:ECOM) issued its quarterly earnings results on Thursday, May, 7th. The software maker reported $0.07 EPS for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.01. The software maker had revenue of $32.03 million for the quarter, compared to the consensus estimate of $31.48 million. ChannelAdvisor had a return on equity of 9.14% and a net margin of 5.99%. The business's revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.08) EPS. View ChannelAdvisor's earnings history.

ChannelAdvisor updated its second quarter 2020 Pre-Market earnings guidance on Thursday, May, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $32.5 million, compared to the consensus revenue estimate of $32.06 million.

4 brokers have issued 1-year target prices for ChannelAdvisor's stock. Their forecasts range from $11.00 to $18.00. On average, they anticipate ChannelAdvisor's share price to reach $14.25 in the next year. This suggests that the stock has a possible downside of 7.3%. View analysts' price targets for ChannelAdvisor.

Press coverage about ECOM stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. ChannelAdvisor earned a daily sentiment score of 0.8 on InfoTrie's scale. They also gave headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news about ChannelAdvisor.

ChannelAdvisor saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 253,500 shares, an increase of 14.9% from the May 31st total of 220,600 shares. Based on an average daily trading volume, of 309,600 shares, the short-interest ratio is presently 0.8 days. Approximately 1.0% of the company's stock are short sold. View ChannelAdvisor's Current Options Chain.

Some companies that are related to ChannelAdvisor include Progress Software (PRGS), Cerence (CRNC), Zuora (ZUO), Sapiens International (SPNS), Materialise (MTLS), MicroStrategy (MSTR), Talend (TLND), Domo (DOMO), Opera (OPRA), Secureworks (SCWX), Upland Software (UPLD), Cango (CANG), QAD (QADA), 3D Systems (DDD) and Mobileiron (MOBL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other ChannelAdvisor investors own include salesforce.com (CRM), FireEye (FEYE), Okta (OKTA), Ring Energy (REI), Ring Energy (REI), Applied Materials (AMAT), Coupa Software (COUP), Digi International (DGII), General Electric (GE) and Adobe (ADBE).

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

Shares of ECOM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ECOM stock can currently be purchased for approximately $15.38.

ChannelAdvisor has a market capitalization of $436.33 million and generates $129.96 million in revenue each year. The software maker earns $3.48 million in net income (profit) each year or $0.15 on an earnings per share basis. ChannelAdvisor employs 730 workers across the globe.

The official website for ChannelAdvisor is www.channeladvisor.com.

ChannelAdvisor's mailing address is 3025 Carrington Mill Boulevard, Morrisville NC, 27560. The software maker can be reached via phone at 919-228-4700 or via email at [email protected]