2 weeks Ago By ABMN Staff
StockNews.com upgraded shares of eGain ( NASDAQ:EGAN – Free Report ) from a buy rating to a strong-buy rating in a research note issued to investors on Wednesday morning. Several other research analysts also recently commented on EGAN.
Craig Hallum increased their price objective on eGain from $6.00 to $7.00 and gave the company a “hold” rating in a research note on Friday, September 6th.
Roth Mkm reiterated a “buy” rating and issued a $12.00 target price on shares of eGain in a research report on Friday, September 6th. Get Our Latest Report on EGAN eGain Price Performance eGain ( NASDAQ:EGAN – Get Free Report ) last released its earnings results on Thursday, September 5th.
The technology company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.
07. The business had revenue of $22.46 million during the quarter, compared to analysts’ expectations of $21.
37 million. eGain had a net margin of 6.45% and a return on equity of 9.
53%. As a group, research analysts predict that eGain will post 0.06 EPS for the current fiscal year.
Institutional Investors Weigh In On eGain Large investors have recently made changes to their positions in the stock. Williams & Novak LLC acquired a new position in eGain during the third quarter worth $66,000. Gladius Capital Management LP acquired a new position in shares of eGain during the 3rd quarter valued at about $84,000.
Jane Street Group LLC grew its holdings in shares of eGain by 16.8% in the third quarter. Jane Street Group LLC now owns 35,753 shares of the technology company’s stock valued at $182,000 after purchasing an additional 5,144 shares during the period.
Seizert Capital Partners LLC increased its position in eGain by 99.5% during the third quarter. Seizert Capital Partners LLC now owns 38,068 shares of the technology company’s stock worth $194,000 after purchasing an additional 18,989 shares during the last quarter.
Finally, BNP Paribas Financial Markets raised its stake in eGain by 7.0% during the first quarter. BNP Paribas Financial Markets now owns 43,377 shares of the technology company’s stock worth $280,000 after purchasing an additional 2,852 shares during the period.
53.94% of the stock is currently owned by hedge funds and other institutional investors. eGain Company Profile ( Get Free Report ) eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific.
It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge. Read More Receive News & Ratings for eGain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for eGain and related companies with MarketBeat.com's FREE daily email newsletter .
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