Web.com Group, Inc (WEB) - NASDAQ
  • Fri, Feb. 12, 7:08 PM
    • Web.com (WEB +10.6%) had a very good day after beating Q4 estimates and announcing it's acquiring local online ad services firm Yodle for $342M. SunTrust reacted to the news by upgrading to Buy.
    • SMB online services rival Wix.com (WIX +9%) also rose sharply. Wix is now up 20% since beating Q4 estimates and issuing strong 2016 guidance on Wednesday morning.
    • On its earnings call (transcript), Web.com guided for 2016 revenue of $570M-$580M and EPS of $2.62-$2.76, in-line with a consensus of $577M and $2.70. Q1 guidance is for revenue of $138M-$140M and EPS of $0.61-$0.63, below a consensus of $142M and $0.66. Full-year free cash flow guidance is at $130M.
    • The guidance doesn't take the Yodle deal into account. Web.com plans to revise its guidance after the deal's closing (expected by the end of Q1).
    • CEO David L. Brown talked up the cross-selling opportunities provided by Yodle. "Web.com has 3.4 million customers who are potential candidates for Yodle's high-end solutions. The reverse is also true as Web.com has solutions which can be offered to Yodle's customer base." He also observed Yodle brings with it ~$50M worth of net operating loss carry-forwards (NOLs) - as it is, Web.com expects its existing NOLs to allow its cash taxes to "remain in the low single-digit range through 2017 with a gradual increase after that."
    | Fri, Feb. 12, 7:08 PM | 2 Comments
  • Aug. 19, 2015, 9:45 AM
    • Web.com (NASDAQ:WWWW) has tumbled after disclosing a data breach that may have compromised 93K customer credit card accounts.
    • Shares had closed yesterday just $2.08 away from a 52-week high of $25.85, after having rallied in late July in response to a Q2 beat and strong guidance.
    | Aug. 19, 2015, 9:45 AM
  • Jul. 31, 2015, 5:51 PM
    • In addition to beating Q2 estimates, Web.com (NASDAQ:WWWW) used its earnings call (transcript) to guide for Q3 revenue of $138.5M-$140M and 2015 revenue of $554M-$558M, favorable at the midpoints to consensus estimates of $138.6M and $554.7M.
    • Q3 and full-year EPS guidance is at $0.59-$0.61 and $2.36-$2.42 vs. consensus estimates of $0.61 and $2.38. 2015 free cash flow guidance has been hiked by $15M to $115M.
    • Subscribers rose by 21K Q/Q to 3.32M, and ARPU by $0.16 to $13.91. For now, the company is sticking to a net subscriber add target range of 10K-15K.
    • Shares rallied to $24.89 today, making new 52-week highs in the process.
    • Q2 results, PR
    | Jul. 31, 2015, 5:51 PM
  • Jun. 25, 2015, 9:59 AM
    • B. Riley has upgraded Web.com (NASDAQ:WWWW) to Buy.
    • Shares are more than recovering the Tuesday losses seen following a Citi downgrade, and are near their highest levels since last summer.
    | Jun. 25, 2015, 9:59 AM
  • May 11, 2015, 11:56 AM
    • Arguing the company offers the best risk/reward in the SMB Web services space and trades at a major discount to peers, Deutsche has upgraded Web.com (WWWW +2.6%) to Buy, and hiked its target by $10 to $28.
    • The firm observes new service launches have helped cut churn for Web.com's do-it-yourself site-building services, and has cut its debt load (still $492M at the end of Q1). "Consistent performance should restore confidence, allow for upward revisions to estimates and multiple expansion – we view this backdrop as very favorable."
    • The upgrade comes after Web.com soared 10 days ago in response to a Q1 beat. It also comes as rival GoDaddy receives overwhelmingly bullish coverage from IPO underwriters.
    | May 11, 2015, 11:56 AM
  • May 1, 2015, 12:45 PM
    | May 1, 2015, 12:45 PM
  • Apr. 14, 2015, 11:00 AM
    • Citing valuation, RBC has downgraded Web.com (NASDAQ:WWWW) to Sector Perform. The firm's target is $20.
    • Though still far below a 52-week high of $36.50, the SMB Web services provider had risen 33% from a Jan. 29 low of $14.75 going into today. It rose last Wednesday amid GoDaddy's IPO.
    | Apr. 14, 2015, 11:00 AM | 1 Comment
  • Apr. 1, 2015, 10:15 AM
    • After pricing its 22M-share IPO at $20, GoDaddy (Pending:GDDY) opened at $26.15 and is now at $26.04, up 30.2%.
    • The Web hosting/domain name service provider is valued at $3.9B, or $5B after factoring net debt. Smaller peer Web.com (WWWW +2.5%) appears to be getting a lift from GoDaddy's debut.
    • Prospectus, IPO analysis
    • Prior GoDaddy coverage
    | Apr. 1, 2015, 10:15 AM | 13 Comments
  • Mar. 26, 2015, 3:19 PM
    • Today's notable tech gainers include ultracapacitor maker Maxwell (MXWL +4.6%), SMB Web services firm Web.com (WWWW +3.7%), health site owner WebMD (WBMD +3.7%), and RF chipmaker Anadigics (ANAD +11.3%).
    • Notable decliners include NAND flash controller/4G transceiver maker Silicon Motion (SIMO -4%), hybrid storage array vendor Nimble Storage (NMBL -3.8%), local ad services provider Dex Media (DXM -8.5%). The Nasdaq is down 0.2%.
    • Maxwell's gains come a day after the company announced an ultracapacitor-based engine start module will be offered for two new Kenworth trucks. Silicon Motion has joined a slew of other chip stocks in selling off for the second day in a row. Nimble is trading near its January lows, while Dex has made fresh 52-week lows.
    • Previously covered: Cybersecurity stocks, SolarEdge, Infinera, Accenture, SuperCom, Neustar, Textura, ASML, GoPro, SanDisk, Red Hat
    | Mar. 26, 2015, 3:19 PM
  • Feb. 18, 2015, 2:59 PM
    • Today's notable tech gainers include smart grid hardware/software provider Silver Spring (SSNI +8.9%), SMB Web services provider Web.com (WWWW +4.1%), cybersecurity software firm CyberArk (CYBR +7%), Chinese online retailers JD.com (JD +3.5%) and LightInTheBox (LITB +4.5%), cloud life sciences software firm Veeva (VEEV +4.3%), online money transfer provider Xoom (XOOM +3.7%), and video infrastructure hardware vendor Concurrent (CCUR +3.8%).
    • Notable decliners include Russian online payments leader Qiwi (QIWI -6.5%), supercomputer maker SGI (SGI -3.7%), analog/mixed-signal chipmaker MagnaChip (MX -4.6%), and cloud marketing software provider Marketo (MKTO -3.3%). The Nasdaq is close to breakeven.
    • JD.com and LightInTheBox are adding to the Tuesday gains they saw following Vipshop's big Q4 beat. MagnaChip is adding to the huge losses seen last Friday after its Q1-Q3 2014 results were finally posted. Marketo is adding to last week's post-earnings losses. CyberArk is now up 74% from its Feb. 9 close, thanks to a big Q4 beat and broader cybersecurity enthusiasm.
    • Previously covered: Angie's List, GoPro, Zillow, Garmin, Qihoo, Sonus, VirnetX, Yandex, Bitauto, Cavium
    | Feb. 18, 2015, 2:59 PM
  • Jan. 29, 2015, 1:11 PM
    • Web.com (NASDAQ:WWWW) has tumbled below $15 on volume of 776K shares (already above a 3-month average of 688K). Shares made a new 52-week low of $14.52before bouncing a little.
    • The decline comes ahead of the site design/domain name registration provider's Feb. 12 Q4 report. Shares are down 26% since Web.com provided soft Q4 guidance to go with a Q3 EPS beat on Nov. 5.
    | Jan. 29, 2015, 1:11 PM
  • Dec. 3, 2014, 5:39 PM
    • Top gainers, as of 5:15 p.m.: ARRY +24.6%. TLYS +17.5%. HE +10.2%. CSH +6.9%. AVGO +5.2%.
    • Top losers, as of 5:15 p.m.: WWWW -10.2%. ARO -7.8%. GST -7.4%. PES -6.3%. LDOS -6.2%.
    | Dec. 3, 2014, 5:39 PM | 1 Comment
  • Nov. 6, 2014, 12:47 PM
    | Nov. 6, 2014, 12:47 PM
  • Nov. 6, 2014, 9:21 AM
    • Though it beat Q3 EPS estimates and posted in-line revenue, Web.com (NASDAQ:WWWW) guided on its CC (transcript) for Q4 revenue of $137M-$139M and EPS of $0.55-$0.57, below a consensus of $147.4M and $0.63. The midpoint of the revenue range assumes a $0.70 Q/Q  drop in ARPU.
    • CEO David L. Brown noted "the increased availability of [domain] names has had a near-term negative impact on domain-related revenue," primarily related to "non-core domain-related revenue such as sales of premium domain names and bulk domain sales."
    • Meanwhile, non-domain businesses (do-it-yourself websites, hosting, etc.) have been hurt by the "unintended consequences" of new marketing/bundled pricing tactics on product retention, and "the unanticipated impact of recent changes made by one of our highest-converting do-it-for-me lead generation partners" on telesales.
    • In tandem with its results/guidance, Web.com has launched a $100M buyback. After accounting for the post-earnings drop, it's good for repurchasing 12% of shares at current levels.
    • JPMorgan has downgraded Web.com to Neutral, and cut its target by $15 to $20.
    • Q3 results, PR
    | Nov. 6, 2014, 9:21 AM
  • Nov. 6, 2014, 9:14 AM
    | Nov. 6, 2014, 9:14 AM | 2 Comments
  • Aug. 1, 2014, 12:46 PM
    | Aug. 1, 2014, 12:46 PM | 1 Comment
Company Description
Web.com Group, Inc. provides Internet services and online marketing solutions for small to medium-sized businesses. The company's solutions include domains, hosting, website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile... More
Sector: Technology
Industry: Internet Information Providers
Country: United States