Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Shares of Bankrate, (NYSE:RATE) soared nearly 20% after the company announced better-than-expected fourth-quarter results and solid forward-revenue guidance.

So what: Quarterly revenue rose 31% year over year, to $122.3 million, which translated to adjusted net income of $16.9 million, or $0.17 per diluted share. Analysts, on average, were looking for earnings of just $0.17 per share on sales of $120.16 million.

In addition, fourth-quarter adjusted earnings before interest, taxes, depreciation and amortization was $35.4 million, or 28.9% of revenue.

For the current quarter, Bankrate expects revenue between $125 million and $130 million, with adjusted EBITDA between $33 million and $36 million. For the full year 2014, Bankrate says revenue should arrive in the range of $520 million to $530 million, with adjusted EBITDA between $145 million and $150 million. Both adjusted EBITDA ranges represent roughly 20% growth over the same year-ago periods.

Meanwhile, analysts were modeling first quarter and full year 2014 sales of $127.13 million and $522.51 million, respectively.

Now what: Bankrate's results were definitely solid, but, at best, the stock looks fairly valued after today's pop, trading around 24 times this year's expected earnings. Barring any massive upside surprises going forward, I think there are plenty of more attractive stocks in which investors can put their money to work now.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.