Web.com Group, Inc. (WWWW) in Focus: Stock Rises 14.6% – Tale of the Tape

Zacks

Web.com Group, Inc. (WWWW) was a big mover last session, as the company saw its shares rise nearly 15% on the day. The upside came after the online marketing and Internet services company reported its first-quarter 2015 results, wherein both earnings per share of 58 cents and revenues of $137.7 million beat analyst expectations. This led to far more shares changing hands than in a normal session, breaking the recent trend of the company, as the stock is now trading above the volatile price range of $18.37 to $19.64 over the past one-month time frame.

None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Web.com Group carries a Zacks Rank #3 (Hold).

A better-ranked stock in the Internet services industry is Autohome Inc. (ATHM), sporting a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research

Be the first to comment

Leave a Reply