Media headlines about Autobytel (NASDAQ:ABTL) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Autobytel earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the information services provider an impact score of 45.6239069084727 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Autobytel (ABTL) traded up 4.35% on Friday, hitting $8.40. 242,512 shares of the stock traded hands. Autobytel has a 12 month low of $6.63 and a 12 month high of $18.39. The company has a market capitalization of $108.09 million, a PE ratio of 25.38 and a beta of 0.90. The firm has a 50-day moving average price of $11.50 and a 200-day moving average price of $12.51.
Autobytel (NASDAQ:ABTL) last posted its quarterly earnings data on Thursday, August 3rd. The information services provider reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.07. The business had revenue of $34.60 million for the quarter, compared to analyst estimates of $34.30 million. Autobytel had a return on equity of 10.96% and a net margin of 3.15%. The business’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.24 earnings per share. Analysts forecast that Autobytel will post $0.78 earnings per share for the current year.
ABTL has been the topic of a number of analyst reports. B. Riley reiterated a “buy” rating and issued a $12.00 target price on shares of Autobytel in a research report on Wednesday. ValuEngine upgraded shares of Autobytel from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Zacks Investment Research raised shares of Autobytel from a “sell” rating to a “hold” rating and set a $14.00 price target on the stock in a report on Wednesday, May 10th. Finally, Barrington Research lowered shares of Autobytel from an “outperform” rating to a “market perform” rating in a research note on Friday, August 4th.
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In other Autobytel news, Director Jeffrey M. Stibel sold 4,000 shares of the business’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of $12.98, for a total transaction of $51,920.00. Following the completion of the transaction, the director now owns 5,000 shares in the company, valued at approximately $64,900. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Wesley Ozima sold 2,500 shares of the business’s stock in a transaction on Wednesday, May 24th. The stock was sold at an average price of $13.31, for a total value of $33,275.00. Following the sale, the senior vice president now directly owns 7,557 shares in the company, valued at $100,583.67. The disclosure for this sale can be found here. Insiders sold a total of 80,778 shares of company stock worth $1,060,935 over the last ninety days. Corporate insiders own 12.80% of the company’s stock.
Autobytel Company Profile
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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