Can Web.com Group, Inc. (NASDAQ:WWWW) Keep Up with Analyst Expectations?

Web.com Group, Inc. (NASDAQ:WWWW) reported an earnings surprise of 9.8% when the company last reported earnings for the period ending on 2015-09-30. The reported EPS of $0.56 was $0.05 away from what Wall Street analysts had expected. A significant surprise factor often results in stock volatility and sharp price movements following the earnings announcement. In terms of sales expectations, the surprise factor in per share dollar terms was $0.835 away from what analysts had projected for the quarter, or a difference of 0.598%.

Looking ahead, Web.com Group, Inc. (NASDAQ:WWWW) is expected to issue their next earnings release for the current quarter on 2016-02-11. Wall Street analysts surveyed by Zacks Research are projecting earnings per share of $0.63. This is the consensus number based on the 11 estimates taken into account. Investors will be closely watching the EPS estimate movement leading up to the expected report date.

Price Target

Brokerage firm analysts covering the stock are estimating that the stock will reach $28.454 on a short term basis. This is the consensus price target based on the 11 polled by Zacks Research. The highest estimate stands at 33 while the lowest target is $24.

Zacks uses a simplified rating system, assigning a number from 1 to 5 for each analyst rating, where 1 represents a Strong Buy recommendation and 5 a Strong Sell. Based on the analysts taken into account by Zacks, the average rating currently stands at 1.75 for Web.com Group, Inc.. When analysts were polled 3 months ago, the rating stood at 1.75.

Web.com Group, Inc. (Web.com) is a provider of a line of Internet services for small- to medium-sized businesses (SMBs). Web.com is a global domain name registrar, which seeks to meet the Internet needs of SMBs along their lifecycle with subscription solutions, including domain name registration, Website design and related services, search engine optimization, search engine marketing, social media and mobile products, local sales leads, eCommerce solutions and call center services. It offers its customers a range of Web services and products on a subscription basis. As of December 31, 2012, it had approximately three million subscribers. It offers services foe a range of customer budgets and expertise, from Do It Yourself Website and email hosting for the technically-savvy, to Do It For Me custom Website design services, online marketing and eCommerce solutions. Customers can engage its consultants for services that range from Web design to online advertising campaign management.

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