News articles about CommerceHub (NASDAQ:CHUBA) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CommerceHub earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.4108307513844 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research raised CommerceHub from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research report on Tuesday, November 14th. BidaskClub downgraded CommerceHub from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Northland Securities assumed coverage on CommerceHub in a research report on Thursday, December 28th. They issued an “outperform” rating and a $28.00 target price for the company. Oppenheimer assumed coverage on CommerceHub in a research report on Saturday, December 30th. They issued a “market perform” rating for the company. Finally, CIBC assumed coverage on CommerceHub in a research report on Friday, December 22nd. They issued a “market perform” rating for the company. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $26.17.
Shares of CommerceHub (NASDAQ:CHUBA) traded up $0.14 during midday trading on Thursday, hitting $19.14. The stock had a trading volume of 190,500 shares, compared to its average volume of 152,995. CommerceHub has a 52 week low of $14.94 and a 52 week high of $24.53. The stock has a market capitalization of $822.98, a P/E ratio of 68.36, a price-to-earnings-growth ratio of 2.56 and a beta of -1.16.
WARNING: This report was first reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.chaffeybreeze.com/2018/02/15/commercehub-chuba-earns-coverage-optimism-score-of-0-11.html.
CommerceHub, Inc is a provider of cloud-based e-commerce fulfillment and marketing solutions that integrate supply, demand and delivery for retailers and consumer brands, manufacturers and distributors. The Company’s end-to-end solutions are provided through the CommerceHub software platform, a hub that streamlines integration and enables transactions among its retailer and supplier customers and their other trading partners, while also enabling them to access the online marketplaces, search engines, social and product advertising and other digital marketing channels where consumers browse and buy.
Receive News & Ratings for CommerceHub Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommerceHub and related companies with MarketBeat.com's FREE daily email newsletter.