Markets Wired

Stock Insights on Amber Road Inc (NYSE:AMBR)

February 12
09:25 2015

[Business Wire] Amber Road Inc (NYSE:AMBR) (TREND ANALYSIS), a leading provider of global trade management (GTM) solutions, today announced its financial results for the fourth quarter and full year ended December 31, 2014.

Jim Preuninger, Chief Executive Officer of Amber Road, stated, “I am pleased with our fourth quarter and full year performance. As multinational companies of all sizes need to effectively manage the challenges of global trade in order to remain competitive, they are increasingly turning to Amber Road’s proven end-to-end solutions. We enter 2015 with a healthy pipeline across our business, an increased presence in China and are taking steps to reach the mid-market in Europe. All of this positions us well to capture the large market opportunity in front of us and to grow our business approximately 20% in 2015 when excluding the non-renewal we discussed last quarter.”

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Amber Road, Inc. (NYSE:AMBR) is currently trading 46.38% below its 52-week-high, 19.9% above its 52-week-low and in the range of $9.17-$10.7 over the past month. The 1-year range for the stock is $8.09-$18.09. Amber Road, Inc. (AMBR) has a price to book ratio of 3.85 versus S&P 500 average of 2.82. The company’s share price has underperformed the S&P 500 year to date by -5.53%.

The company is currently valued at $246.84 million and closed the last trading session at $9.7. The stock has 50-day moving average of $10.2 and a 200-day moving average of $13.24.

Amber Road, Inc. (AMBR) current short interest stands at 1,123,824 shares. It has increased by 14% from the same period of last month. Around 8.9% of the company’s shares, which are float, are short sold. With a 30-days average daily volume of 64,150 shares, the number of days required to cover the short positions stand at 23.9 days.

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There are currently eight analysts that we track that cover AMBR. Of those eight, five have a buy rating, two have a hold rating, and one has a sell rating. On a consensus basis this yields to a Buy. The overall consensus target price stands at $15.17 which represents an upside of 56.36% from the last closing price of $9.7.

Recently, several research firms updated their ratings on the stock. Indeed, in the last five days, an average price target of $15.67 has been given to the stock, which represents an upside of 61.51% from the last closing price.

Indeed, Needham & Co reiterated their buy stance on February 12nd, with a target price of $13, which represents an upside of 34.02% from the last closing price. Another research firm, Raymond James, reiterated their outperform stance on the same day, with a target price of $13, which translates into an upside of 34.02%.

Company Profile

Amber Road Inc. operates as a management software provider. The Company develops single platforms to automate and streamline global trades. Amber Road offers import and export, global logistics, and trade agreement management solutions worldwide.


About Author

Brett Sutton

Brett Sutton

Brett Sutton leads the Multi-Industry equity research team at Markets Wired. Brett has covered the US industrial space for over 6 years and has been an equity research analyst for 11 years.

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