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 95.3% and is now trading at $13.79. 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) posted its quarterly earnings results on Thursday, May, 7th. The software maker reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.01. The software maker earned $32.03 million during the quarter, compared to analysts' expectations of $31.48 million. ChannelAdvisor had a return on equity of 9.14% and a net margin of 5.99%. ChannelAdvisor's revenue was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($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 earnings per share 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 brokerages have issued 1 year price objectives for ChannelAdvisor's stock. Their forecasts range from $11.00 to $18.00. On average, they expect ChannelAdvisor's stock price to reach $14.25 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View analysts' price targets for ChannelAdvisor.

News coverage about ECOM stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ChannelAdvisor earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutChannelAdvisor.

ChannelAdvisor saw a increase in short interest during 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 trading volume, of 211,600 shares, the short-interest ratio is currently 1.0 days. Currently, 0.8% of the shares of the stock are sold short. View ChannelAdvisor's Current Options Chain.

Some companies that are related to ChannelAdvisor include Materialise (MTLS), Zuora (ZUO), MicroStrategy (MSTR), Sapiens International (SPNS), Secureworks (SCWX), Talend (TLND), 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 a variety of institutional and retail investors. Top institutional shareholders 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 $13.79.

ChannelAdvisor has a market capitalization of $391.22 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]