NYSE:ECOMChannelAdvisor Stock Price, Forecast & News

ChannelAdvisor's stock was trading at $7.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ECOM stock has increased by 94.9% and is now trading at $13.76. 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 Zacks' consensus estimate of $0.08 by $0.01. The software maker earned $32.03 million during the quarter, compared to analyst estimates of $31.48 million. ChannelAdvisor had a net margin of 5.99% and a return on equity of 9.14%. ChannelAdvisor's quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the business 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 earnings per share (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 objectives for ChannelAdvisor's stock. Their forecasts range from $11.00 to $16.00. On average, they anticipate ChannelAdvisor's share price to reach $13.75 in the next twelve months. This suggests that the stock has a possible downside of 0.1%. View analysts' price targets for ChannelAdvisor.

Media stories about ECOM stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 media sentiment score of -1.0 on InfoTrie's scale. They also gave press coverage about the software maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few 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 days-to-cover ratio is presently 1.0 days. Currently, 0.8% of the shares of the stock are short sold. View ChannelAdvisor's Current Options Chain.

Some companies that are related to ChannelAdvisor include Zuora (ZUO), Materialise (MTLS), MicroStrategy (MSTR), Sapiens International (SPNS), Secureworks (SCWX), 3D Systems (DDD), Talend (TLND), QAD (QADA), Upland Software (UPLD), NCC Group (NCCGF), Cango (CANG), Domo (DOMO), Opera (OPRA), QAD (QADB) and American Software (AMSWA). 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 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 purchased 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 $13.76.

ChannelAdvisor has a market capitalization of $390.37 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]