10 Best Income Stocks To Watch For 2015: Web.com Group Inc(WWWW)
Web.com Group, Inc. provides Internet services for small- to medium-sized businesses (SMBs) in North America, South America, and the United Kingdom. It provides .com, .net, .co, .org, and .info domains, as well as domain services, including domain name registration, domain name transfers, domain name renewal, domain expiration protection, and domain privacy services; develops and supports a subscription Web service package that includes the tools and functionality necessary for a business to create and maintain online presence, as well as provide tutorials and tools for customers to edit and manage their sites. The company?s primary Do It For Me subscription offering comprise eWorks! XL, which provides domain name registration, initial site design, technical support, Webmail, online Web tools, and Internet scorecard; custom Website design services comprising map and directions pages, external links pages, Website statistics, database applications, password security, and e mail services; and social media and call center services. It also provides various Do-It-Yourself Website building and marketing solutions for SMBs, such as hosting services, Website design tools, email marketing tools, and LogoYes design and brand building tools. In addition, the company offers online marketing services, including search engine optimization, local and national search engine marketing, subscription-based services, budget-based search engine marketing, and click search engine marketing services; lead generation services consisting of Leads by Web.com to contractors, homebuilders, and remodeling professionals; and eCommerce merchant services. Web.com Group, Inc. markets its products and services through outbound and inbound telesales, online channel, affiliate network and private label partners, distribution partners, resellers, and direct sales. The company! was incorporated in 1999 and is headquartered in Jacksonville, Florida.
Advisors' Opinion:- [By Roberto Pedone]
One technology player that insiders are snapping up a lot of stock in here is Web.com (WWWW), which provides Internet services to small businesses in North America, South America, and the United Kingdom. Insiders are buying this stock into major weakness, since shares plunged lower by 49% so far in 2014.
Web.com has a market cap of $820 million and an enterprise value of $1.3 billion. This stock trades at a fair valuation, with a forward price-to-earnings of 6.5. Its estimated growth rate for this year is 13.1%, and for next year it's pegged at 1.7%. This is not a cash-rich company, since the total cash position on its balance sheet is $15.90 million and its total debt is $520.83 million.
A beneficial owner just bought 1,440,000 shares, or about $22.59 million worth of stock, at $15.69 per share.
From a technical perspective, WWWW is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock recently gapped down sharply from over $20 a share to $14.71 a share with heavy downside volume. Following that move, shares of WWWW have started to rebound off its new 52-week low of $14.71 share to its recent high of $16.23 a share. That move has now pushed shares of WWWW within range of triggering a major breakout trade.
If you're bullish on WWWW, then I would look for long-biased trades as long as this stock is trending above its new 52-week low of $14.71 and then once it breaks out above some key near-term overhead resistance levels at $16.23 a share to its gap-down-day high of $16.35 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average volume of 756,302 shares. If that breakout develops soon, then WWWW will set up to re-fill some of its previous gap-down-day zone from earlier this month that started just abo! ve $20 a ! share.
Must Read: 10 Stocks Billionaire John Paulson Loves in 2014
Chesapeake - [By Garrett Cook]
Web.com Group (NASDAQ: WWWW) shares tumbled 21.63 percent to $15.87 after the company reported Q3 earnings of $0.63 per share on revenue of $143.80 million and announced a $100 million stock repurchase authorization. JP Morgan downgraded Web.com Group from Overweight to Neutral and lowered the price target from $35.00 to $20.00.
- [By Sean Williams]
Worldwide bargain?
Lower and lower it goes; where Web.com Group's (NASDAQ: WWWW ) bottom is, nobody knows.Shares of Web.com Group, a supplier of Internet-based solutions such as hosting, website design and management, and search engine optimization for small businesses, have gone cliff diving following the company's last two earnings reports and are off about 50% from their all-time high set in March.
source from Top Stocks For 2015:http://www.topstocksblog.com/10-best-income-stocks-to-watch-for-2015-3.html
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