eGain Corporation (NASDAQ:EGAN) previous close was $12.61 while the outstanding shares total 30.85M. The firm has a beta of 0.37, a 12-month trailing P/E ratio of 48.88, and a growth ratio of 4.89. EGAN’s shares traded lower over the last trading session, losing -3.09% on 12/29/20. The shares fell to a low of $12.16 before closing at $12.22. Intraday shares traded counted 1.07 million, which was -123.48% lower than its 30-day average trading volume of 479.77K. The stock’s Relative Strength Index (RSI) is 50.38, with weekly volatility at 5.25% and ATR at 0.53. The EGAN stock’s 52-week price range has touched low of $4.80 and a $20.88 high.
Investors have identified the Software – Application company eGain Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $379.43 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
eGain Corporation (EGAN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 72.47 million total, with 48.1 million as their total liabilities.
EGAN were able to record 5.66 million as free cash flow during the Q1 2021 quarter of the year, this saw their quarterly net cash flow reduce by 6.49 million. In cash movements, the company had a total of 5.73 million as operating cash flow.
Potential earnings growth for eGain Corporation (EGAN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the Q1 2021 quarter of the year, eGain Corporation recorded a total of 19.06 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 9.83% coming in sequential stages and their sales for the Q1 2021 quarter increasing by 0.17%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 4.63 million trying to sell their products during the last quarter, with the result yielding a gross income of 14.43 million. This allows shareholders to hold on to 30.85M with the recently reported earning now reading 0.07 cents per share. This is a figure that compared to analyst’s prediction for their Q1 2021 (0.06 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.08 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on EGAN sounds very interesting.
Is the stock of EGAN attractive?
In related news, Chief Financial Officer, SMIT ERIC sold 5,000 shares of the company’s stock in a transaction that recorded on Dec 15. The sale was performed at an average price of 11.53, for a total value of 57,660. As the sale deal closes, the Director, Darukhanavala Phiroz P now sold 25,500 shares of the company’s stock, valued at 289,425. Also, Chief Financial Officer, SMIT ERIC sold 5,000 shares of the company’s stock in a deal that was recorded on Nov 16. The shares were price at an average price of 11.37 per share, with a total market value of 56,850. Following this completion of acquisition, the Chief Financial Officer, SMIT ERIC now holds 5,000 shares of the company’s stock, valued at 90,610. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.10%.
7 out of 7 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on eGain Corporation. 0 analysts has assigned a Sell rating on the EGAN stock. The 12-month mean consensus price target for the company’s shares has been set at $16.71.