Amber Road (NYSE:AMBR) will be posting its quarterly earnings results after the market closes on Monday, February 11th. Analysts expect Amber Road to post earnings of ($0.09) per share for the quarter.
Amber Road (NYSE:AMBR) last released its earnings results on Thursday, November 8th. The software maker reported ($0.06) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.09) by $0.03. Amber Road had a negative net margin of 11.67% and a negative return on equity of 34.61%. The firm had revenue of $22.20 million for the quarter, compared to analyst estimates of $21.71 million. During the same period in the prior year, the firm earned ($0.02) earnings per share. The business’s quarterly revenue was up 9.9% compared to the same quarter last year. On average, analysts expect Amber Road to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
AMBR stock opened at $8.78 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.64 and a current ratio of 0.64. Amber Road has a fifty-two week low of $6.71 and a fifty-two week high of $10.41. The company has a market cap of $244.00 million, a P/E ratio of -18.68 and a beta of 0.42.
Separately, Zacks Investment Research upgraded shares of Amber Road from a “hold” rating to a “buy” rating and set a $9.50 target price on the stock in a research note on Wednesday, January 23rd. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Amber Road presently has an average rating of “Buy” and a consensus target price of $11.75.
In other news, CFO Thomas E. Conway sold 20,000 shares of the stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $8.93, for a total value of $178,600.00. Following the completion of the sale, the chief financial officer now directly owns 4,623 shares of the company’s stock, valued at $41,283.39. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Thomas E. Conway sold 3,123 shares of the stock in a transaction that occurred on Wednesday, November 28th. The shares were sold at an average price of $9.03, for a total value of $28,200.69. Following the completion of the sale, the chief financial officer now directly owns 1,500 shares of the company’s stock, valued at $13,545. The disclosure for this sale can be found here. Insiders sold 126,061 shares of company stock valued at $1,120,638 over the last ninety days. 15.10% of the stock is currently owned by corporate insiders.
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About Amber Road
Amber Road, Inc provides cloud-based global trade management (GTM) solutions in the United States and internationally. 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, supply chain collaboration with overseas factories and vendors, and duty management solutions to importers and exporters, nonvessel owning common carriers (resellers), and ocean carriers.
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