According to Zacks, "WEB.COM GROUP, INC. is a leading provider of online marketing for small businesses. Web.com offers a full range of online services, including Internet marketing and advertising, local search, search engine marketing, search engine optimization, lead generation, home contractor specific leads, website design and publishing, logo and brand development, and eCommerce solutions, meeting the needs of small businesses anywhere along their lifecycle. "
Other research analysts have also recently issued research reports about the stock. B. Riley reiterated a "buy" rating and issued a $30.00 price target on shares of Web.com Group in a report on Friday, September 25th. Roth Capital restated a "buy" rating on shares of Web.com Group in a report on Friday. Piper Jaffray reiterated an "overweight" rating and set a $31.00 price target on shares of Web.com Group in a report on Sunday. RBC Capital reissued a "sector perform" rating and issued a $20.00 price objective on shares of Web.com Group in a research report on Monday, July 27th. Finally, FBR & Co. reaffirmed a "buy" rating on shares of Web.com Group in a research report on Sunday, August 2nd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. Web.com Group currently has an average rating of "Hold" and a consensus price target of $27.73.
Shares of Web.com Group (NASDAQ:WWWW) traded up 1.43% during midday trading on Tuesday, reaching $24.13. 515,127 shares of the company's stock were exchanged. The stock has a market cap of $1.21 billion and a price-to-earnings ratio of 287.26. The firm has a 50 day moving average of $22.43 and a 200-day moving average of $22.68. Web.com Group has a one year low of $14.52 and a one year high of $26.04.
Web.com Group (NASDAQ:WWWW) last released its earnings results on Thursday, October 29th. The company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.02. The firm had revenue of $140.40 million for the quarter, compared to analysts' expectations of $139.55 million. The firm's quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 EPS. On average, equities research analysts anticipate that Web.com Group will post $2.42 earnings per share for the current year.
Web.com Group, Inc. (NASDAQ:WWWW) supplies a range of Internet services to small businesses. The Business offers Domain Name Registration and Services, Do-It-For-Me Web Solutions, Do It Yourself Web Solutions and Internet Marketing Services. It gives Domain Name Registration and Services, such as domain name registration, transfers, renewals, expiration protection and privacy services. It offers Do-It-For-Me (DIFM) Web Solutions, such as custom Website, Ignite, Facebook Boost by Web.com and eCommerce. It offers Do It Yourself Web Solutions, such as promotion alternatives and Website construction. It provides On-Line Advertising Services, like internet search engine Optimization (orSEO), search engine marketing, Leads by Web and renovation specialists. Web.com offers small businesses subscription-based alternatives, such as domain names, hosting, Website design and management, SEO, online advertising efforts, local sales leads, social media, cellular products and eCommerce solution s.document.write('
To get a free copy of the research report on Web.com Group (WWWW), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Web.com Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Web.com Group and related companies with MarketBeat.com's FREE daily email newsletter.
Source: Web.com Group Lifted to "Hold" at Zacks (WWWW)
No comments:
Post a Comment