A number of research firms have changed their ratings and price targets for Autobytel (NASDAQ: ABTL):
Autobytel Inc. (NASDAQ:ABTL) opened at 13.14 on Tuesday. The firm has a market cap of $144.82 million, a P/E ratio of 45.31 and a beta of 1.25. Autobytel Inc. has a 12 month low of $10.72 and a 12 month high of $19.04. The company’s 50-day moving average is $13.20 and its 200 day moving average is $14.57.
Autobytel (NASDAQ:ABTL) last posted its earnings results on Thursday, March 9th. The company reported $0.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.05. Autobytel had a return on equity of 12.15% and a net margin of 2.54%. The company earned $40.38 million during the quarter, compared to the consensus estimate of $37.46 million. During the same quarter last year, the firm earned $0.33 earnings per share. The company’s revenue was up 10.9% on a year-over-year basis. Equities research analysts expect that Autobytel Inc. will post $1.26 EPS for the current fiscal year.
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.