eGain Corp Gets a Buy Rating from Benchmark Co.

Benchmark Co. analyst Mark Schappel reiterated a Buy rating on eGain Corp (NASDAQ: EGAN) today and set a price target of $12. The company’s shares closed yesterday at $9.15, close to its 52-week high of $9.50.

According to TipRanks.com, Schappel is a 5-star analyst with an average return of 21.3% and a 68.7% success rate. Schappel covers the Technology sector, focusing on stocks such as Progress Software Corp, Tyler Technologies, and SPS Commerce.

eGain Corp has an analyst consensus of Moderate Buy, with a price target consensus of $11.50.

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Based on eGain Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $788K. In comparison, last year the company had a GAAP net loss of $2.52 million.

Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock.

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eGain Corp. provides cloud-based and on-site customer interaction software solutions. It specializes the development, license, implementation, and support of customer service infrastructure software solutions. Its services spans a range of applications include eGain Suite, mobile, web, desktops, management, and messaging.