Autoweb (AUTO) Posts Earnings Results

Autoweb (NASDAQ:AUTO) released its quarterly earnings results on Thursday. The information services provider reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.06), Fidelity Earnings reports. Autoweb had a negative return on equity of 7.50% and a negative net margin of 61.64%. The company had revenue of $31.70 million for the quarter, compared to the consensus estimate of $30.74 million.

Shares of NASDAQ AUTO traded down $0.11 during midday trading on Friday, reaching $2.15. The company’s stock had a trading volume of 88,992 shares, compared to its average volume of 43,449. Autoweb has a one year low of $2.10 and a one year high of $9.91. The company has a market capitalization of $30.54 million, a P/E ratio of 7.41 and a beta of 1.40.

A number of analysts recently commented on the stock. Barrington Research reiterated a “hold” rating on shares of Autoweb in a report on Tuesday, July 31st. ValuEngine upgraded shares of Autoweb from a “hold” rating to a “buy” rating in a report on Wednesday, August 8th. Five analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus price target of $6.67.

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Autoweb Company Profile

AutoWeb, Inc operates as a digital marketing company for the automotive industry in the United States. It assists automotive retail dealers and manufacturers to market and sell new and used vehicles to consumers through its programs. The company's products include new vehicle lead program, which allows consumers to submit requests for pricing and availability of specific makes and models; and used vehicle lead program, which allows consumers to search for used vehicles according to search parameters, such as price, make, model, mileage, year, and location of the vehicle.

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Earnings History for Autoweb (NASDAQ:AUTO)

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