Autoweb Inc (AUTO) Lowered to “D+” at TheStreet
Autoweb Inc (NASDAQ:AUTO) was downgraded by investment analysts at TheStreet from a “c” rating to a “d+” rating in a report released on Monday.
Other research analysts also recently issued reports about the stock. B. Riley reaffirmed a “buy” rating and issued a $12.00 target price on shares of Autoweb in a research report on Wednesday, August 9th. Zacks Investment Research downgraded shares of Autoweb from a “buy” rating to a “hold” rating in a research report on Monday, July 10th. ValuEngine raised shares of Autoweb from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Finally, Barrington Research downgraded shares of Autoweb from an “outperform” rating to a “market perform” rating in a research report on Friday, August 4th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $12.00.
Shares of Autoweb (AUTO) opened at 7.67 on Monday. The stock’s 50 day moving average is $7.50 and its 200-day moving average is $10.86. Autoweb has a one year low of $6.63 and a one year high of $17.85.
Autoweb (NASDAQ:AUTO) last posted its earnings results on Thursday, August 3rd. The information services provider reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.07. The firm had revenue of $34.60 million for the quarter, compared to the consensus estimate of $34.30 million. Autoweb had a net margin of 0.93% and a return on equity of 1.00%. The company’s revenue was down 4.2% on a year-over-year basis. During the same period last year, the firm posted $0.24 EPS.
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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