After beating estimates last quarter by $0.07, InfoSpace
What analysts say:
- Buy, sell, or hold?: The majority of analysts back InfoSpace as a buy. But with 66.7% of analysts rating it a buy, InfoSpace is still below the mean analyst rating of its nearest 10 competitors, which average 68.6% buys. Analysts don't like InfoSpace as much as competitor MIVA overall. Two out of two analysts rate MIVA a buy compared to two of three for InfoSpace. Analysts still rate the stock a Moderate buy, but they are a bit more wary about it compared to three months ago.
- Revenue forecasts: On average, analysts predict $55.1 million in revenue this quarter. That would represent a decline of 10.8% from the year-ago quarter.
- Wall Street earnings expectations: The average analyst estimate is earnings of $0.11 per share. Estimates range from $0.08 to $0.14.
What our community says:
CAPS All-Stars are solidly backing the stock with 77.4% awarding it an outperform rating. The community at large backs the All-Stars with 76.7% granting it a rating of outperform. Fools are keen on InfoSpace, though the message boards have been quiet lately with only 56 posts in the past 30 days. Despite the majority sentiment in favor of InfoSpace, the stock has a middling CAPS rating of three out of five stars.
Revenue has fallen for the past three quarters. The company's gross margin shrank by 6.9 percentage points in the last quarter. Revenue fell 8.6% while cost of sales rose 2% to $35.8 million from a year earlier.
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