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MCHX $1.37

MCHX target price
1.37
0
0
Marchex
Traded as NASDAQ: MCHX
Industry Digital marketing, Call tracking
Founded 2003 (2003)
Headquarters Seattle, Washington, United States
Key people
  • Michael Arends (Chief Financial Officer)
  • Ethan Caldwell (Chief Administrative Officer, General Counsel and Corporate Secretary)
  • Gary NafusChief Revenue Officer
Products
  • Marchex Call Analytics
  • Marchex Call Marketplace
  • Marchex Call Analytics for Search
Number of employees
300+

Marchex Inc. is a Seattle-based public company, founded in 2003, with offices in NYC and Las Vegas and over 300 employees. As an advertising analytics company. Marchex Inc. provides solutions that help companies drive more calls, understand what happens on those calls, and convert more of those callers into customers. Thanks to multiple integrations, Marchex Inc. can be connected to a company website, social medias, keywords campaigns, video campaigns and more to understand the source of the calls received.

In October 2000, an internet-based company named Go2Net Inc. merged with another company named InfoSpace Inc. It was a $1.5 billion deal that set the stage for the formation of Marchex, a start-up company whose founders were all former Go2Net executives. John Keister, Ethan Caldwell, and Peter Christothoulou were part of the Go2Net team that founded Marchex, led by a fourth member, Go2Net's founder and the former CEO of Marchex, Russell Horowitz. In January 2003, the four formed Marchex, Inc. Each member of the founding team assumed executive responsibilities at the new start-up.

Marchex’s IPO was filed in December 2003 and the company has made several acquisitions since its founding.

In February 2015, Russell Horowitz stepped down as CEO while remaining active on the board of directors. Peter Christothoulou, co-founder of Marchex, Inc., was announced as Horowitz’s replacement.

In October 2016, both CEO Pete Christothoulou and Board Chairman Clark Kokich resigned from the company. The company is now led by an “interim office of the CEO” headed up by Anne Devereux-Mills, a Marchex board member since 2006.

As of October 2016, the board of directors at Marchex is:

Marchex has partnered with the following companies

Marchex Call Analytics platform measures and analyzes the leads/calls delivered to businesses by their mobile, online and offline ad campaigns, then provides insights about which ad campaigns give the most ROI.

Marchex Call Marketplace aggregates a set of mobile distribution partners who deliver new customer phone calls to businesses on a pay-for-call basis.

The only real-time solution that provides 100% attribution from every phone call from mobile search.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-07 Future report Set alerts
Q2 2022 2022-08-09 -0.01 -0.01
Q1 2022 2022-05-12 0.00 0.00
Q4 2021 2022-03-02 -0.01 -0.01
Q3 2021 2021-11-09 -0.01 -0.01
Q2 2021 2021-08-05 -0.02 -0.02
Q1 2021 2021-05-13 -0.08 -0.08
Q4 2020 2021-03-02 -0.06 -0.06
Q3 2020 2020-11-04 -0.03 -0.03
Q2 2020 2020-08-10 -0.05 -0.05

Ratings

2016-02-19 Reiterated Rating Piper Jaffray Overweight $9.00 to $7.00
2016-02-19 Reiterated Rating RBC Capital Outperform $6.00 to $5.00
2016-02-19 Reiterated Rating Piper Jaffray Cos. Overweight $9.00 to $7.00
2016-02-19 Reiterated Rating Royal Bank Of Canada Outperform $6.00 to $5.00
2016-02-14 Reiterated Rating Roth Capital Buy
2015-12-28 Initiated Coverage Roth Capital Buy $6.00
2015-12-22 Reiterated Rating Piper Jaffray Buy
2015-12-22 Initiated Coverage Roth Capital Buy $6.00
2015-11-05 Reiterated Rating Piper Jaffray Buy $9.00
2015-11-05 Boost Price Target RBC Capital Outperform $5.50 to $6.00
2015-08-28 Reiterated Rating Piper Jaffray Overweight $9.00
2015-08-27 Reiterated Rating RBC Capital Outperform $5.50
2015-08-11 Reiterated Rating Deutsche Bank Hold $5.00
2015-08-11 Reiterated Rating Deutsche Bank AG Hold $5.00
2015-08-06 Reiterated Rating Piper Jaffray Overweight $9.00
2015-08-06 Boost Price Target RBC Capital Outperform $5.00 to $5.50
2015-07-15 Reiterated Rating Piper Jaffray Buy $9.00
2015-07-01 Downgrade HC Wainwright Overweight to Equal Weight
2015-07-01 Downgrade Stephens Overweight to Equal Weight
2015-05-08 Reiterated Rating Piper Jaffray Overweight $9.00
2015-05-08 Reiterated Rating RBC Capital Outperform $5.00
2015-03-18 Reiterated Rating Deutsche Bank Hold $5.00
2015-03-13 Reiterated Rating Piper Jaffray Buy $8.00
2015-03-01 Reiterated Rating RBC Capital Outperform $5.00
2014-09-19 Reiterated RBC Capital Mkts Outperform $12 to $6
2014-09-19 Reiterated Northland Capital Outperform $17 to $6
2014-09-19 Lower Price Target RBC Capital Outperform $12.00 to $6.00
2014-09-19 Lower Price Target Northland Securities Outperform $17.00 to $6.00
2014-09-19 Downgrade BMO Capital Markets Outperform to Market Perform $14.00 to $5.00
2014-09-18 Downgrade Deutsche Bank Buy to Hold
2014-06-30 Reiterated Northland Capital Outperform $15.50 to $17
2014-06-30 Boost Price Target Northland Securities Outperform $15.50 to $17.00
2014-05-02 Reiterated Rating Deutsche Bank Buy $14.00
2014-05-02 Boost Price Target Northland Securities Outperform $14.50 to $15.50
2014-04-07 Initiated Coverage Deutsche Bank Buy to Buy $13.00
2014-02-20 Boost Price Target RBC Capital Outperform $11.00 to $13.00
2014-02-20 Boost Price Target Northland Securities $14.00
2013-11-07 Boost Price Target BMO Capital Markets Outperform $8.00 to $11.00
2013-11-06 Boost Price Target RBC Capital Outperform $10.00 to $11.00
2013-11-05 Initiated Coverage Northland Securities Outperform $12.00
2013-10-29 Initiated Coverage Stephens Overweight
2011-09-23 Reiterated Kaufman Bros Hold $6 to $9
2010-06-09 Upgrade The Benchmark Company Sell to Hold $4
2009-07-23 Downgrade Benchmark Hold to Sell $3
2009-05-29 Initiated Benchmark Hold $3
2009-02-20 Downgrade Thomas Weisel Overweight to Market Weight
2008-12-19 Initiated Canaccord Adams Hold $5.50
2008-06-30 Downgrade Stanford Research Hold to Sell $10
2008-05-15 Downgrade Susquehanna Financial Positive to Neutral
2008-05-07 Reiterated Morgan Joseph Buy $11 to $13
2016-02-19 Reiterated Rating Piper Jaffray Overweight $9.00 to $7.00
2016-02-19 Reiterated Rating RBC Capital Outperform $6.00 to $5.00
2016-02-19 Reiterated Rating Piper Jaffray Cos. Overweight $9.00 to $7.00
2016-02-19 Reiterated Rating Royal Bank Of Canada Outperform $6.00 to $5.00
2016-02-14 Reiterated Rating Roth Capital Buy

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Edenbrook Capital, LLC 86.39%  (4520574) FEIM / MCHX /
PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. 61.13%  (3198949) ADPT / BPHX / CHCI / MCHX / NATR / PAR / PIP /
HANAUER NICOLAS J 44.61%  (2334411) MCHX /
CHRISTOTHOULOU PETER President 14.83%  (775908) MCHX /
ARENDS MICHAEL A Chief Financial Officer 10.72%  (560754) MCHX /
Caldwell Ethan A General Counsel & CAO 10.28%  (538002) MCHX /
KEISTER JOHN Executive Vice Chairman 8.86%  (463721) MCHX /
HOROWITZ RUSSELL C Chief Executive Officer 8.61%  (450418) MCHX /
Devereux Anne B 6.42%  (335860) MCHX /
Ismail Ziad Chief Product Officer 5.68%  (297433) MCHX /
Nafus Gary Chief Revenue Officer 5.64%  (295000) CHUBA / MCHX /
KOKICH CLARK M Executive Chairman 5.19%  (271317) ACXM / FUEL / MCHX /
Wisehart Manuel W 4.42%  (231145) ELNK / MCHX /
CLINE DENNIS 3.57%  (186760) MCHX /
Morris Ian H 1.02%  (53559) MCHX / TRLA /
Miller Michael Sr. VP Acctg & Corp Controller 0.48%  (24875) MCHX /