NEW YORK, November 21, 2016 /PRNewswire/ --
This morning, Stock-Callers.com presents four Application Software equities for evaluation: Intuit Inc. (NASDAQ: INTU), LifeLock Inc. (NYSE: LOCK), the Rubicon Project Inc. (NYSE: RUBI), and Endurance International Group Holdings Inc. (NASDAQ: EIGI). These companies belong to the Technology sector, which edged lower on Friday, November 18, 2016, with shares of tech companies in the S&P 500 sinking less than 0.1%. Learn more about these stocks by downloading their free report at:
Last Friday, shares in Mountain View, California headquartered Intuit Inc. ended the session 1.92% higher at $115.98. The stock recorded a trading volume of 4.79 million shares, which was above its three months average volume of 1.42 million shares. The Company's shares have advanced 7.49% in the last month, 3.38% in the previous three months, and 21.60% since the start of this year. The stock is trading 6.82% and 9.54% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Intuit, which provides business and financial management solutions for small businesses, consumers, and accounting professionals primarily in the US and internationally, have a Relative Strength Index (RSI) of 72.02.
On November 17th, 2016, Intuit reported Q1 FY17 revenue of $778 million, up 9% on a y-o-y basis. The company's total QuickBooks online subscribers grew 41% to more than 1.6 million subscribers compared to Q1 FY16. QuickBooks Online subscribers' growth outside the U.S. was 50% to 323,000 subscribers, led by growth in the U.K., Australia, and Canada; subscriber growth in the U.K. accelerated to 87%. Intuit reported net loss per share of $0.12 compared to net loss of $0.11 per share in Q1 FY16. The free research report on INTU is available at:
Tempe, Arizona headquartered LifeLock Inc.'s stock gained 0.14%, to close the day at $20.75 with a total trading volume of 990,785 shares. The Company's shares have advanced 20.29% in the past month, 22.56% over the previous three months, and 44.60% on an YTD basis. The stock is trading 21.35% above its 50-day moving average and 42.60% above its 200-day moving average. Additionally, shares of LifeLock, which provides identity theft protection services for consumers; and consumer risk management services for enterprises in the US, have an RSI of 77.87.
On November 14th, 2016, research firm Canaccord Genuity reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $21 a share to $23 a share.
On November 20th, 2016, Symantec Corp. and LifeLock announced that they have entered into a definitive agreement for Symantec to acquire LifeLock for $24 per share, or $2.3 billion, in enterprise value. The deal, which was approved by both companies' boards of directors, is expected to close in Q1 2017, subject to customary closing conditions including LifeLock's stockholders approval. The complimentary report on LOCK can be downloaded at:
The Rubicon Project
Shares in the Los Angeles, California headquartered Rubicon Project Inc. recorded a trading volume of 225,167 shares at the close of the last trading session, and ended 0.50% higher at $8.01. The stock is trading above its 50-day moving average by 0.23%. Shares of the Company, which engages in automating the buying and selling of advertising, have an RSI of 56.44.
On November 17th, 2016, Placemedia, the fully automated supply-side platform for television, and Rubicon Project announced a new strategic partnership broadening access to programmatic television advertising demand. Under the agreement, hundreds of thousands of advertiser brands on Rubicon Project's platform will be given direct, efficient access to Placemedia's premium supply of impressions from national cable networks, local MVPDs and other partners, representing more than 100 million US households in 210 Designated Market Areas. This year, the programmatic TV market is expected to climb 127.8% to $710 million, according to eMarketer, and will continue to climb to 6.0% of all TV ad spend - or $4.43 billion - by 2018. Visit us today and download our complete research report on RUBI for free at:
Burlington, Massachusetts headquartered Endurance International Group Holdings Inc.'s stock finished Friday's session 6.38% higher at $7.50. A total volume of 796,945 shares was traded, which was above their three months average volume of 704,710 shares. The Company's shares are trading below their 50-day moving average by 6.32%. Furthermore, shares of Endurance International, which together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide, have an RSI of 51.07.
On November 01st, 2016, Endurance reported that revenue for Q3 2016 was $291.2 million, an increase of 54% compared to $188.5 million in Q3 2015. Net loss for Q3 2016 was $(29.8) million compared to net loss of $(15.4) million for Q3 2015. Cash flow from operations for Q3 2016 was $36.2 million, a decrease of 4% compared to $37.6 million for Q3 2015. Get free access to your technical report on EIGI at:
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