Equities research analysts expect Autobytel Inc. (NASDAQ:ABTL) to report $0.19 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Autobytel’s earnings. The lowest EPS estimate is $0.17 and the highest is $0.21. Autobytel posted earnings of $0.49 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 61.2%. The firm is scheduled to report its next earnings report on Thursday, November 2nd.

On average, analysts expect that Autobytel will report full-year earnings of $1.04 per share for the current financial year, with EPS estimates ranging from $0.78 to $1.30. For the next year, analysts expect that the business will report earnings of $1.24 per share, with EPS estimates ranging from $0.94 to $1.54. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Autobytel.

Autobytel (NASDAQ:ABTL) last issued its quarterly earnings data on Thursday, August 3rd. The information services provider reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.07. Autobytel had a net margin of 3.15% and a return on equity of 10.96%. The firm had revenue of $34.60 million for the quarter, compared to the consensus estimate of $34.30 million. During the same quarter in the previous year, the firm earned $0.24 EPS. The company’s quarterly revenue was down 4.2% compared to the same quarter last year.

Several analysts recently weighed in on the stock. Zacks Investment Research cut shares of Autobytel from a “hold” rating to a “strong sell” rating in a report on Monday, August 14th. B. Riley reaffirmed a “buy” rating and issued a $12.00 target price on shares of Autobytel in a report on Wednesday, August 9th. Barrington Research cut shares of Autobytel from an “outperform” rating to a “market perform” rating in a report on Friday, August 4th. Finally, ValuEngine raised shares of Autobytel from a “hold” rating to a “buy” rating in a report on Thursday, July 6th.

A number of hedge funds have recently added to or reduced their stakes in the company. Oxford Asset Management boosted its stake in Autobytel by 51.4% in the first quarter. Oxford Asset Management now owns 148,194 shares of the information services provider’s stock worth $1,857,000 after buying an additional 50,333 shares during the last quarter. Trexquant Investment LP boosted its stake in Autobytel by 38.2% in the first quarter. Trexquant Investment LP now owns 40,184 shares of the information services provider’s stock worth $504,000 after buying an additional 11,107 shares during the last quarter. Nine Chapters Capital Management LLC bought a new stake in Autobytel during the first quarter worth $467,000. TFS Capital LLC boosted its stake in Autobytel by 35.3% in the first quarter. TFS Capital LLC now owns 23,181 shares of the information services provider’s stock worth $290,000 after buying an additional 6,048 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in Autobytel during the first quarter worth $931,000. 58.59% of the stock is currently owned by institutional investors.

Shares of Autobytel (NASDAQ:ABTL) traded up 4.55% on Tuesday, hitting $7.59. 77,895 shares of the stock were exchanged. The stock has a market cap of $97.67 million, a PE ratio of 22.93 and a beta of 0.90. The company’s 50 day moving average is $9.65 and its 200-day moving average is $11.95. Autobytel has a 52-week low of $6.63 and a 52-week high of $18.32.

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Autobytel Company Profile

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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