In today’s session Web.com Group Inc (WEB) recorded an unusually high (410) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious WEB decrease. With 410 contracts traded and 6334 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: WEB161118P00015000 closed last at: $0.4 or 11.1% down. About 51,027 shares traded hands. Web.com Group Inc (NASDAQ:WEB) has declined 18.02% since March 30, 2016 and is downtrending. It has underperformed by 21.04% the S&P500.
Analysts await Web.com Group Inc (NASDAQ:WEB) to report earnings on November, 3. They expect $0.55 EPS, down 1.79% or $0.01 from last year’s $0.56 per share. WEB’s profit will be $27.61M for 7.30 P/E if the $0.55 EPS becomes a reality. After $0.54 actual EPS reported by Web.com Group Inc for the previous quarter, Wall Street now forecasts 1.85% EPS growth.
Web.com Group Inc (NASDAQ:WEB) Ratings Coverage
Out of 4 analysts covering Web.com Group (NASDAQ:WEB), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Web.com Group has been the topic of 6 analyst reports since December 30, 2015 according to StockzIntelligence Inc. The stock of Web.com Group Inc (NASDAQ:WEB) has “Buy” rating given on Tuesday, January 19 by Craig Hallum. The firm has “Buy” rating by Suntrust Robinson given on Friday, February 12. Cantor Fitzgerald initiated Web.com Group Inc (NASDAQ:WEB) rating on Wednesday, October 19. Cantor Fitzgerald has “Hold” rating and $20 price target. The firm has “Sector Perform” rating given on Friday, May 6 by RBC Capital Markets. The firm has “Neutral” rating given on Wednesday, December 30 by Suntrust Robinson. On Tuesday, February 16 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.
According to Zacks Investment Research, “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.”
Web.com Group, Inc. provides a range of Internet services to small businesses. The company has a market cap of $805.63 million. The Firm operates through Web services and products segment. It has a 10.28 P/E ratio. The Firm offers subscription solutions including domains, hosting, Website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products and e-commerce solutions.
WEB Company Profile
Web.com Group, Inc., incorporated on March 2, 1999, provides a range of Internet services to small businesses. The Firm operates through Web services and products segment. The Firm offers subscription solutions including domains, hosting, Website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products and e-commerce solutions. The Firm offers Domain Name Registration and Services, Do-It-For-Me Web Solutions, Do-It-Yourself Web Solutions and Online Marketing Services. The Firm offers online advertising opportunities for companies focused on small businesses to be featured on its Websites. The Firm offers directory listings, which is an online search directory that gives businesses online exposure.
Another recent and important Web.com Group Inc (NASDAQ:WEB) news was published by Globenewswire.com which published an article titled: “Web.com Group, Inc. (Nasdaq: WEB) to Ring The Nasdaq Stock Market Closing Bell” on August 26, 2016.
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