Autobytel Inc. (AUTO) Set to Announce Quarterly Earnings on Thursday
Autobytel Inc. (NASDAQ:AUTO) will announce its earnings results after the market closes on Thursday, November 2nd. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Autobytel has set its FY17 guidance at $0.78-0.82 EPS.
Autobytel (NASDAQ:AUTO) last posted its quarterly earnings data on Thursday, August 3rd. The information services provider reported $0.19 EPS for the quarter, topping the consensus estimate of $0.12 by $0.07. Autobytel had a net margin of 3.15% and a return on equity of 10.96%. The business had revenue of $34.60 million for the quarter, compared to analyst estimates of $34.30 million. During the same quarter in the previous year, the firm posted $0.24 earnings per share. Autobytel’s quarterly revenue was down 4.2% on a year-over-year basis. On average, analysts expect Autobytel to post $0.48 EPS for the current fiscal year and $0.65 EPS for the next fiscal year.
Shares of Autobytel Inc. (NASDAQ:AUTO) opened at 6.70 on Tuesday. The company has a market cap of $86.22 million, a price-to-earnings ratio of 18.11 and a beta of 0.97. Autobytel Inc. has a 1-year low of $6.63 and a 1-year high of $16.46. The company’s 50-day moving average is $7.38 and its 200 day moving average is $10.36.
AUTO has been the topic of a number of research reports. TheStreet downgraded shares of Autobytel from a “c” rating to a “d+” rating in a research report on Monday, October 9th. ValuEngine raised shares of Autobytel from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Barrington Research downgraded shares of Autobytel from an “outperform” rating to a “market perform” rating in a research report on Friday, August 4th. Zacks Investment Research downgraded shares of Autobytel from a “buy” rating to a “hold” rating in a research report on Monday, July 10th. Finally, B. Riley reissued a “buy” rating and set a $12.00 target price on shares of Autobytel in a research report on Friday, August 4th. Three analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $12.00.
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Autobytel Company Profile
AutoWeb, Inc, formerly Autobytel Inc, is an automotive marketing services company that assists automotive retail dealers and automotive manufacturers market and sell new and used vehicles to consumers through the programs for online lead referrals, dealer marketing products and services, and online advertising programs and mobile products.
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