inContact Inc. (SAAS) Trading 0% Higher
inContact Inc. (NASDAQ:SAAS) traded up 0% on Friday . The stock traded as high as $13.95 and last traded at $13.94, with a volume of 114,146 shares changing hands. The stock had previously closed at $13.94.
Several equities research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of inContact from a “buy” rating to a “hold” rating in a research report on Thursday, May 12th. Summit Research downgraded shares of inContact from a “buy” rating to a “hold” rating in a research report on Wednesday, May 18th. Benchmark Co. reduced their price target on shares of inContact from $16.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday, May 18th. Lake Street Capital downgraded shares of inContact from a “buy” rating to a “hold” rating and raised their price target for the company from $13.00 to $14.00 in a research report on Wednesday, May 18th. Finally, Craig Hallum downgraded shares of inContact from a “buy” rating to a “hold” rating and set a $14.00 price target for the company. in a research report on Thursday, May 19th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $12.75.
The firm has a 50-day moving average of $13.86 and a 200 day moving average of $11.90. The firm’s market cap is $871.11 million.
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inContact (NASDAQ:SAAS) last announced its quarterly earnings results on Thursday, August 4th. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.15. inContact had a negative net margin of 7.86% and a negative return on equity of 12.85%. The firm earned $63.80 million during the quarter, compared to analysts’ expectations of $62.43 million. During the same quarter in the prior year, the company earned ($0.12) EPS. The company’s revenue was up 20.2% compared to the same quarter last year. On average, equities analysts forecast that inContact Inc. will post ($0.25) earnings per share for the current fiscal year.
inContact, Inc (inContact) is a provider of cloud contact center software solutions. The Company provides a range of cloud contact center call routing, self-service and agent optimization solutions. The Company operates through two business segments: Software and Network connectivity. inContact’s Software segment includes the services related to the delivery of its cloud contact center software solutions.
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