Media headlines about Amber Road (NYSE:AMBR) have trended positive this week, AlphaOne reports. The research group, a service of Accern, identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Amber Road earned a news impact score of 0.31 on AlphaOne’s scale. AlphaOne also gave news stories about the software maker an impact score of 100 out of 100, indicating that recent media coverage is extremely likely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted AlphaOne Sentiment’s scoring:
- ETFs with exposure to Amber Road, Inc. : June 16, 2017 (finance.yahoo.com)
- Amber Road, Inc. :AMBR-US: Earnings Analysis: Q1, 2017 By the Numbers : June 15, 2017 (finance.yahoo.com)
- Amber Road, Inc. (AMBR) Earns “Buy” Rating from Ladenburg Thalmann Financial Services (americanbankingnews.com)
- Amber Road, Inc. (AMBR) Receives Consensus Recommendation of “Buy” from Brokerages (americanbankingnews.com)
A number of analysts recently weighed in on the stock. Ladenburg Thalmann Financial Services reissued a “buy” rating and issued a $15.00 price target on shares of Amber Road in a report on Monday, June 12th. Needham & Company LLC reissued a “buy” rating and issued a $11.00 price target on shares of Amber Road in a report on Monday, June 5th. Zacks Investment Research lowered shares of Amber Road from a “hold” rating to a “sell” rating in a report on Thursday, February 23rd. Finally, Canaccord Genuity reissued a “buy” rating and issued a $11.00 price target on shares of Amber Road in a report on Tuesday, May 9th. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Amber Road currently has an average rating of “Buy” and an average price target of $12.14.
Amber Road (AMBR) opened at 8.04 on Friday. The firm has a 50-day moving average of $7.78 and a 200-day moving average of $8.38. Amber Road has a 52 week low of $6.71 and a 52 week high of $12.30. The company’s market capitalization is $217.53 million.
Amber Road (NYSE:AMBR) last announced its quarterly earnings results on Monday, May 8th. The software maker reported ($0.16) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.02. Amber Road had a negative net margin of 23.35% and a negative return on equity of 48.51%. The firm had revenue of $18.60 million during the quarter, compared to analysts’ expectations of $18.55 million. During the same period in the prior year, the company posted ($0.15) EPS. The company’s revenue was up 9.4% on a year-over-year basis. Equities analysts expect that Amber Road will post ($0.40) earnings per share for the current fiscal year.
In other news, major shareholder Donald R. Caldwell sold 258,578 shares of the stock in a transaction on Friday, March 31st. The shares were sold at an average price of $7.62, for a total transaction of $1,970,364.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Co Investment 2000 Fund Lp sold 48,449 shares of the stock in a transaction on Tuesday, April 4th. The stock was sold at an average price of $7.27, for a total transaction of $352,224.23. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 958,995 shares of company stock valued at $6,925,838. Corporate insiders own 13.10% of the company’s stock.
About Amber Road
Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. The Company’s GTM solutions include modules for logistics contract and rate management, supply chain visibility and event management, international trade compliance, and Global Knowledge trade content database to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.
Receive News & Ratings for Amber Road Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amber Road Inc. and related companies with MarketBeat.com's FREE daily email newsletter.