Alert: Positive Investment/Fundamental Signals (11/14/23)-eGain Corp (NASDAQ: EGAN)


Extremely important positive changes in investment behavior have recently occurred for eGain Corp (NASDAQ: EGAN): its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

eGain Corp (NASDAQ: EGAN). Important positive changes in fundamentals have recently occurred: the consensus estimate for June, 2025 increased significantly, and the consensus estimate for June, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, EGAN is expected to be an important Value Builder.

eGain has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. eGain has a poor Appreciation Score of 25 but a neutral Power Rating of 55, and the Negative Value Trend Rating results.

Recent Price Action

On 11/14/23, eGain Corp (NASDAQ: EGAN) stock enjoyed a large increase of 2.8%, closing at $7.05. The stock has been weak relative to the market over the last nine months but has risen 8.6% during the last week.

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