Will earnings report, end it’s winning streak? SeaChange International (NASDAQ:SEAC)

Earnings results for SeaChange International (NASDAQ:SEAC)

SeaChange International, Inc. is expected* to report earnings on 06/10/2021 after market close. The report will be for the fiscal Quarter ending Apr 2021. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.1. The reported EPS for the same quarter last year was $-0.15.

SeaChange International last released its earnings data on April 12th, 2021. The software maker reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.01. The business earned $5.12 million during the quarter. SeaChange International has generated ($0.50) earnings per share over the last year. SeaChange International has confirmed that its next quarterly earnings report will be published on Thursday, June 10th, 2021.

Analyst Opinion on SeaChange International (NASDAQ:SEAC)

2 Wall Street analysts have issued ratings and price targets for SeaChange International in the last 12 months. Their average twelve-month price target is $2.50 The high price target for SEAC is $3.00 and the low price target for SEAC is $2.00. There are currently 2 buy ratings 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 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $2.50, SeaChange International has a forecasted upside of ∞ from its current price of $0.00. SeaChange International has only been the subject of 1 research reports 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 bought more of their company’s stock than they have sold. Specifically, they have bought $104,000.00 in company stock and sold $0.00 in company stock. Only 3.80% of the stock of SeaChange International is held by insiders. Only 15.40% of the stock of SeaChange International is held by institutions.

Earnings and Valuation of SeaChange International (NASDAQ:SEAC

The P/E ratio of SeaChange International is -2.07, 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 -2.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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