Earnings and Growth Analysis : SeaChange International (NASDAQ:SEAC)

Earnings results for SeaChange International (NASDAQ:SEAC)

SeaChange International, Inc. is expected* to report earnings on 04/13/2021 after market close. The report will be for the fiscal Quarter ending Jan 2021. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.11. The reported EPS for the same quarter last year was $0.11.

Analyst Opinion on SeaChange International (NASDAQ:SEAC)

1 Wall Street analysts have issued ratings and price targets for SeaChange International in the last 12 months. Their average twelve-month price target is $2.00, predicting that the stock has a possible upside of 39.86%. The high price target for SEAC is $2.00 and the low price target for SEAC is $2.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

SeaChange International has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $2.00, SeaChange International has a forecasted upside of 39.9% from its current price of $1.43. SeaChange International has received no research coverage in the past 90 days.

Dividend Strength: SeaChange International (NASDAQ:SEAC)

SeaChange International does not currently pay a dividend. SeaChange International does not have a long track record of dividend growth.

Insiders buying/selling: SeaChange International (NASDAQ:SEAC)

In the past three months, SeaChange International insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,156.00 in company stock. Only 3.80% of the stock of SeaChange International is held by insiders. Only 25.24% of the stock of SeaChange International is held by institutions.

Earnings and Valuation of SeaChange International (NASDAQ:SEAC

Earnings for SeaChange International are expected to grow in the coming year, from ($0.53) to ($0.32) per share. The P/E ratio of SeaChange International is -3.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of SeaChange International is -3.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. SeaChange International has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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