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 204.8% and is now trading at $21.52.
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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."
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ChannelAdvisor is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020.
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ChannelAdvisor will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

ChannelAdvisor Corp (NYSE:ECOM) announced its 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 analysts' expectations of $31.48 million. ChannelAdvisor had a net margin of 5.99% and a return on equity of 9.14%. The company's revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.08) EPS.
View ChannelAdvisor's earnings history.

ChannelAdvisor updated its second quarter 2020 Pre-Market earnings guidance on Friday, July, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $37.3-37.3 million, compared to the consensus revenue estimate of $32.84 million.

4 brokerages have issued twelve-month price objectives for ChannelAdvisor's shares. Their forecasts range from $11.00 to $21.00. On average, they anticipate ChannelAdvisor's stock price to reach $17.00 in the next year. This suggests that the stock has a possible downside of 21.0%.
View analysts' price targets for ChannelAdvisor.

Media stories about ECOM stock have trended somewhat positive on Tuesday, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. ChannelAdvisor earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about ChannelAdvisor.

ChannelAdvisor saw a increase in short interest in the month of July. As of July 15th, there was short interest totaling 777,400 shares, an increase of 38.4% from the June 30th total of 561,600 shares. Based on an average trading volume of 662,700 shares, the days-to-cover ratio is presently 1.2 days. Currently, 2.9% of the shares of the company are short sold.
View ChannelAdvisor's Current Options Chain.

Some companies that are related to ChannelAdvisor include Pagerduty (PD), Cornerstone OnDemand (CSOD), Bottomline Technologies (EPAY), ZoomInfo Technologies (ZI), CommVault Systems (CVLT), Sapiens International (SPNS), Progress Software (PRGS), Cerence (CRNC), Zuora (ZUO), Micro Focus International (MFGP), Opera (OPRA), MicroStrategy (MSTR), Materialise (MTLS), Talend (TLND) and Secureworks (SCWX).
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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 Assenagon Asset Management S.A. (0.43%), MERIAN GLOBAL INVESTORS UK Ltd (0.25%), Mackay Shields LLC (0.15%), Dupont Capital Management Corp (0.14%), Strs Ohio (0.14%) and Wedge Capital Management L L P NC (0.12%).
View institutional ownership trends for ChannelAdvisor.

ECOM stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Dupont Capital Management Corp, Mesirow Financial Investment Management Inc., and UBS Group AG.
View insider buying and selling activity for ChannelAdvisor.

ECOM stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., MERIAN GLOBAL INVESTORS UK Ltd, Mackay Shields LLC, Wedge Capital Management L L P NC, Cornerstone Investment Partners LLC, First Quadrant L P CA, SG Americas Securities LLC, and Stone Ridge Asset 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 $21.52.

ChannelAdvisor has a market capitalization of $610.44 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]