News coverage about Autobytel (NASDAQ:ABTL) has been trending very positive on Saturday, according to Alpha One Sentiment Analysis. Alpha One, a division of Accern, rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Autobytel earned a news sentiment score of 0.58 on Alpha One’s scale. Alpha One also assigned media headlines about the information services provider an impact score of 82 out of 100, indicating that recent news coverage is very likely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected AlphaOne Sentiment Analysis’s analysis:
- Insider Selling: Autobytel Inc. (ABTL) Director Sells 4,000 Shares of Stock (americanbankingnews.com)
- Autobytel (ABTL) and Children's Place (PLCE) are Aggressive Growth Rank Buys and Article (finance.yahoo.com)
- William Ferriolo Sells 13,488 Shares of Autobytel Inc. (ABTL) Stock (americanbankingnews.com)
- Glenn Evan Fuller Sells 13,907 Shares of Autobytel Inc. (ABTL) Stock (americanbankingnews.com)
- Forget Profit: Bet on 5 Stocks with Increasing Cash Flows (finance.yahoo.com)
A number of research firms recently weighed in on ABTL. B. Riley reaffirmed a “buy” rating and set a $20.00 price target on shares of Autobytel in a report on Wednesday, May 10th. Zacks Investment Research raised Autobytel from a “sell” rating to a “hold” rating and set a $14.00 target price for the company in a research note on Wednesday, May 10th.
Autobytel (NASDAQ:ABTL) traded down 0.46% on Friday, hitting $13.02. The stock had a trading volume of 120,962 shares. The company has a 50 day moving average of $12.54 and a 200 day moving average of $13.15. Autobytel has a 12-month low of $10.72 and a 12-month high of $18.39. The company has a market capitalization of $144.14 million, a PE ratio of 36.27 and a beta of 1.25.
Autobytel (NASDAQ:ABTL) last announced its quarterly earnings results on Thursday, May 4th. The information services provider reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.07. Autobytel had a net margin of 2.54% and a return on equity of 12.15%. The firm had revenue of $37.34 million during the quarter, compared to the consensus estimate of $35.05 million. During the same period last year, the firm earned $0.21 EPS. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. On average, equities analysts expect that Autobytel will post $1.26 earnings per share for the current year.
In other Autobytel news, CAO Glenn Evan Fuller sold 13,907 shares of the business’s stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $13.75, for a total value of $191,221.25. Following the completion of the sale, the chief accounting officer now directly owns 20,607 shares of the company’s stock, valued at $283,346.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP William Ferriolo sold 13,488 shares of the business’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of $13.72, for a total transaction of $185,055.36. Following the completion of the sale, the executive vice president now directly owns 164,253 shares of the company’s stock, valued at $2,253,551.16. The disclosure for this sale can be found here. Insiders have sold a total of 31,395 shares of company stock valued at $428,197 over the last ninety days. 13.30% of the stock is currently owned by insiders.
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.
Receive News & Ratings for Autobytel Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autobytel Inc. and related companies with MarketBeat.com's FREE daily email newsletter.