NYSE:ECOMChannelAdvisor Stock Price, Forecast & News

ChannelAdvisor's stock was trading at $7.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ECOM stock has increased by 96.9% and is now trading at $13.90. 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 earnings results on Thursday, May, 7th. The software maker reported $0.07 earnings per share (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 firm's quarterly revenue was up 1.5% on a year-over-year basis. During the same period last year, the company earned ($0.08) earnings per share. 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 Wall Street analysts have issued 12-month price targets 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 a possible upside of 2.5% from the stock's current price. View analysts' price targets for ChannelAdvisor.

News stories about ECOM stock have been trending very negative on Saturday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ChannelAdvisor earned a media sentiment score of -3.1 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutChannelAdvisor.

ChannelAdvisor saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 202,500 shares, an increase of 5.4% from the April 30th total of 192,200 shares. Based on an average daily volume of 211,600 shares, the short-interest ratio is currently 1.0 days. Currently, 0.8% of the shares of the company are short sold. View ChannelAdvisor's Current Options Chain.

Some companies that are related to ChannelAdvisor include Zuora (ZUO), Materialise (MTLS), Sapiens International (SPNS), MicroStrategy (MSTR), Talend (TLND), Secureworks (SCWX), 3D Systems (DDD), QAD (QADA), Upland Software (UPLD), Domo (DOMO), Opera (OPRA), Cango (CANG), American Software (AMSWA), QAD (QADB) 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."

ChannelAdvisor's stock is owned by many different retail and institutional investors. Top institutional investors include ArrowMark Colorado Holdings LLC (12.12%), BlackRock Inc. (7.09%), Altai Capital Management L.P. (6.40%), Janus Henderson Group PLC (6.28%), Disciplined Growth Investors Inc. MN (2.32%) and Needham Investment Management LLC (1.79%). Company insiders that own ChannelAdvisor stock include M Scot Wingo and Richard Cornetta. View institutional ownership trends for ChannelAdvisor.

ECOM stock was sold by a variety of institutional investors in the last quarter, including Altai Capital Management L.P., Squarepoint Ops LLC, Parametric Portfolio Associates LLC, Two Sigma Investments LP, Disciplined Growth Investors Inc. MN, Janus Henderson Group PLC, UBS Group AG, and ArrowMark Colorado Holdings LLC. View insider buying and selling activity for ChannelAdvisor.

ECOM stock was bought by a variety of institutional investors in the last quarter, including Hillsdale Investment Management Inc., Needham Investment Management LLC, Acadian Asset Management LLC, Deutsche Bank AG, JPMorgan Chase & Co., Mesirow Financial Investment Management Inc., Trexquant Investment LP, and Geode Capital Management LLC. View insider buying and selling activity for ChannelAdvisor.

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 $13.90.

ChannelAdvisor has a market capitalization of $394.34 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]