Web.com Group, Inc. (NASDAQ:WEB) to Release Earnings on Thursday

Web.com Group, Inc. (NASDAQ:WEB) will post its quarterly earnings results after the market closes on Thursday, August 3rd. Analysts expect Web.com Group to post earnings of $0.71 per share for the quarter.

Receive News & Ratings for Web.com Group Inc. Daily

Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Web.com Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Shares of Web.com Group, Inc. (NASDAQ WEB) opened at 22.15 on Monday. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 110.75 and a beta of 0.94. Web.com Group, Inc. has a one year low of $12.90 and a one year high of $25.95. The company has a 50-day moving average price of $23.70 and a 200 day moving average price of $20.92.

WEB has been the subject of several research reports. Cantor Fitzgerald upgraded shares of Web.com Group from a “neutral” rating to an “overweight” rating and increased their target price for the company from $20.00 to $24.00 in a research note on Monday, May 15th. ValuEngine upgraded shares of Web.com Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 20th. B. Riley increased their target price on shares of Web.com Group to $31.00 and gave the company a “buy” rating in a research note on Thursday, July 6th. Zacks Investment Research cut shares of Web.com Group from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. Finally, BidaskClub cut shares of Web.com Group from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Web.com Group presently has a consensus rating of “Buy” and an average price target of $22.71.

In related news, insider Roseann Duran sold 10,000 shares of the stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $23.04, for a total value of $230,400.00. Following the completion of the transaction, the insider now owns 35,500 shares of the company’s stock, valued at $817,920. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 7.51% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This report was first reported by [[site]] and is the property of of [[site]]. If you are accessing this report on another publication, it was illegally stolen and republished in violation of US & international copyright and trademark legislation. The original version of this report can be accessed at [[permalink]].

About Web.com Group

Web.com Group, Inc provides a range of Internet services to small businesses. The Company operates through Web services and products segment. The Company offers subscription-based solutions, including domains, hosting, Website design and management, search engine optimization, online marketing campaigns, local sales leads, social media, mobile products and e-commerce solutions.