-$0.05 EPS Expected for Amber Road, Inc. (AMBR) This Quarter

Brokerages expect that Amber Road, Inc. (NYSE:AMBR) will announce ($0.05) earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Amber Road’s earnings, with estimates ranging from ($0.05) to ($0.04). Amber Road reported earnings of ($0.10) per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 50%. The firm is expected to announce its next earnings results on Thursday, February 15th.

According to Zacks, analysts expect that Amber Road will report full-year earnings of ($0.30) per share for the current financial year, with EPS estimates ranging from ($0.31) to ($0.29). For the next fiscal year, analysts forecast that the business will report earnings of ($0.15) per share, with EPS estimates ranging from ($0.19) to ($0.13). Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow Amber Road.

Amber Road (NYSE:AMBR) last issued its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.06. The business had revenue of $20.20 million for the quarter, compared to analysts’ expectations of $20.36 million. Amber Road had a negative return on equity of 53.22% and a negative net margin of 20.19%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.08) EPS.

AMBR has been the topic of a number of recent research reports. Canaccord Genuity dropped their price objective on Amber Road from $11.00 to $10.00 and set a “buy” rating on the stock in a report on Friday, November 3rd. Needham & Company LLC reissued a “buy” rating and set a $11.00 price objective on shares of Amber Road in a report on Wednesday, November 1st. Finally, Zacks Investment Research cut Amber Road from a “buy” rating to a “hold” rating in a report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $11.25.

Shares of Amber Road (AMBR) opened at $7.42 on Friday. The stock has a market capitalization of $201.52, a PE ratio of -13.02 and a beta of 0.77. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.64 and a current ratio of 0.64. Amber Road has a 1-year low of $6.14 and a 1-year high of $9.82.

In other Amber Road news, VP Albert C. Cooke III sold 4,182 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $7.09, for a total value of $29,650.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Thomas E. Conway sold 4,843 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $6.47, for a total value of $31,334.21. The disclosure for this sale can be found here. Company insiders own 13.10% of the company’s stock.

Large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its holdings in shares of Amber Road by 12.8% in the 2nd quarter. Vanguard Group Inc. now owns 817,604 shares of the software maker’s stock valued at $7,007,000 after acquiring an additional 92,670 shares in the last quarter. Cadence Capital Management LLC raised its holdings in shares of Amber Road by 58.2% in the 3rd quarter. Cadence Capital Management LLC now owns 113,959 shares of the software maker’s stock valued at $875,000 after acquiring an additional 41,939 shares in the last quarter. Disciplined Growth Investors Inc. MN raised its holdings in shares of Amber Road by 51.1% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 346,175 shares of the software maker’s stock valued at $2,659,000 after acquiring an additional 117,020 shares in the last quarter. Cramer Rosenthal Mcglynn LLC raised its holdings in shares of Amber Road by 24.7% in the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 1,001,992 shares of the software maker’s stock valued at $8,587,000 after acquiring an additional 198,725 shares in the last quarter. Finally, Oaktop Capital Management II L.P. raised its holdings in shares of Amber Road by 25.5% in the 3rd quarter. Oaktop Capital Management II L.P. now owns 1,196,812 shares of the software maker’s stock valued at $9,192,000 after acquiring an additional 242,852 shares in the last quarter. 72.64% of the stock is currently owned by hedge funds and other institutional investors.

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Amber Road Company Profile

Amber Road, Inc is a provider of cloud-based global trade management (GTM) solutions. 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 to importers and exporters, non-vessel owning common carriers (resellers), and ocean carriers.

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