Wall Street brokerages expect Autoweb Inc (NASDAQ:AUTO) to report $0.16 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Autoweb’s earnings. Autoweb posted earnings of $0.26 per share in the same quarter last year, which would indicate a negative year over year growth rate of 38.5%. The business is scheduled to announce its next quarterly earnings results on Thursday, May 3rd.

According to Zacks, analysts expect that Autoweb will report full-year earnings of $0.95 per share for the current year, with EPS estimates ranging from $0.94 to $0.95. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Autoweb.

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Several equities analysts have commented on AUTO shares. B. Riley downgraded shares of Autoweb from a “buy” rating to a “neutral” rating and set a $4.90 target price on the stock. in a research report on Friday, March 9th. Zacks Investment Research raised shares of Autoweb from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research report on Friday, December 29th. Barrington Research reissued a “buy” rating on shares of Autoweb in a research report on Friday, March 2nd. Finally, ValuEngine raised shares of Autoweb from a “hold” rating to a “buy” rating in a research report on Saturday. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Autoweb currently has an average rating of “Buy” and a consensus target price of $7.45.

Autoweb (AUTO) opened at $3.74 on Wednesday. The company has a current ratio of 2.99, a quick ratio of 2.99 and a debt-to-equity ratio of 0.07. The company has a market cap of $51.80, a price-to-earnings ratio of -0.73 and a beta of 1.08. Autoweb has a 1 year low of $3.71 and a 1 year high of $14.30.

In other Autoweb news, EVP Kimberly Boren sold 5,739 shares of the stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $9.27, for a total transaction of $53,200.53. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 12.80% of the company’s stock.

A number of institutional investors have recently bought and sold shares of AUTO. AXA acquired a new stake in shares of Autoweb in the fourth quarter valued at about $129,000. Tocqueville Asset Management L.P. acquired a new stake in shares of Autoweb in the fourth quarter valued at about $134,000. Bingham Osborn & Scarborough LLC acquired a new stake in shares of Autoweb in the fourth quarter valued at about $135,000. Acadian Asset Management LLC acquired a new stake in shares of Autoweb in the fourth quarter valued at about $141,000. Finally, Virtu Financial LLC acquired a new stake in shares of Autoweb in the fourth quarter valued at about $143,000. 50.29% of the stock is currently owned by hedge funds and other institutional investors.

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Autoweb Company Profile

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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