Analysts anticipate Marchex, Inc. (NASDAQ:MCHX) to report earnings of ($0.04) per share for the present quarter, in response to Zacks. Two analysts have issued estimates for Marchex’s earnings, with estimates starting from ($0.05) to ($0.02). Marchex posted earnings per share of ($0.06) in the identical quarter final yr, which suggests a optimistic yr over yr development charge of 33.3%. The enterprise is scheduled to problem its subsequent earnings outcomes on Tuesday, March 1st.
In response to Zacks, analysts anticipate that Marchex will report full yr earnings of ($0.13) per share for the present yr, with EPS estimates starting from ($0.14) to ($0.12). For the subsequent yr, analysts anticipate that the enterprise will submit earnings of ($0.07) per share, with EPS estimates starting from ($0.09) to ($0.04). Zacks Funding Analysis’s EPS averages are a imply common based mostly on a survey of analysis companies that that present protection for Marchex.
Marchex (NASDAQ:MCHX) final launched its quarterly earnings knowledge on Tuesday, November ninth. The know-how firm reported ($0.01) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.05) by $0.04. Marchex had a damaging return on fairness of 19.29% and a damaging web margin of 14.53%. The corporate had income of $13.70 million for the quarter, in comparison with the consensus estimate of $14.37 million. Throughout the identical quarter final yr, the enterprise posted ($0.05) EPS.
A number of analysis companies just lately weighed in on MCHX. TheStreet raised Marchex from a “d” score to a “c-” score in a report on Friday, December third. Zacks Investment Research downgraded Marchex from a “purchase” score to a “maintain” score in a report on Thursday, October seventh.
In associated information, main shareholder Edenbrook Capital, Llc purchased 798,714 shares of the enterprise’s inventory in a transaction on Monday, November twenty second. The shares had been bought at a mean value of $2.50 per share, with a complete worth of $1,996,785.00. The acquisition was disclosed in a authorized submitting with the SEC, which is out there at the SEC website. 18.55% of the inventory is at the moment owned by insiders.
A number of hedge funds have just lately purchased and offered shares of MCHX. Ergoteles LLC purchased a brand new place in shares of Marchex within the 2nd quarter value about $51,000. B. Riley Monetary Inc. raised its place in shares of Marchex by 41.7% within the 2nd quarter. B. Riley Monetary Inc. now owns 2,199,098 shares of the know-how firm’s inventory value $6,729,000 after buying an extra 647,548 shares within the final quarter. Geode Capital Administration LLC raised its place in shares of Marchex by 3.9% within the 2nd quarter. Geode Capital Administration LLC now owns 262,753 shares of the know-how firm’s inventory value $804,000 after buying an extra 9,935 shares within the final quarter. Edenbrook Capital LLC raised its place in shares of Marchex by 0.7% within the 2nd quarter. Edenbrook Capital LLC now owns 13,445,095 shares of the know-how firm’s inventory value $41,142,000 after buying an extra 100,000 shares within the final quarter. Lastly, State Road Corp elevated its place in Marchex by 706.3% within the 2nd quarter. State Road Corp now owns 129,115 shares of the know-how firm’s inventory valued at $395,000 after shopping for an extra 113,101 shares within the final quarter. 57.98% of the inventory is owned by hedge funds and different institutional traders.
Shares of NASDAQ MCHX traded up $0.02 throughout mid-day buying and selling on Wednesday, hitting $2.66. 1,337 shares of the inventory traded fingers, in comparison with its common quantity of 90,379. Marchex has a twelve month low of $1.62 and a twelve month excessive of $3.67. The corporate has a market cap of $110.53 million, a PE ratio of -14.78 and a beta of 1.86. The agency has a 50 day easy shifting common of $2.91 and a two-hundred day easy shifting common of $2.92.
Marchex Firm Profile
Marchex, Inc operates as a conversational analytics and options firm which helps companies join, drive, measure, convert callers into clients, and connects the voice of the shopper to enterprise. It affords Marchex name analytics platform, Marchex name market and Marchex native leads merchandise to automotive, journey and hospitality, telecommunications, insurance coverage, house providers, digital companies, healthcare, schooling & careers, monetary providers, authorized, actual property and senior residing industries.
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