BWS Financial Comments on Web.com Group's ARPU
In a research report published today, BWS Financial said Web.com (NASDAQ: WWWW) has been taking steps to increase ARPU following last month's first quarter results.
According to BWS Financial, "The momentum from subscriber growth in the first quarter should provide WWWW with the ability to report sequentially improving second quarter number. The scale of the subscriber base, and the ability for WWWW to offer different services, provides the Company with the ability to be aggressive with domain registration. The promotion for domain registration to existing customers would be an ARPU event in itself."
BWS Financial currently has a Buy rating and $27 PT on WWWW, which closed yesterday at $16.20.
Latest Ratings for WWWW
Date | Firm | Action | From | To |
---|---|---|---|---|
Jun 2015 | B. Riley Securities | Upgrades | Neutral | Buy |
Jun 2015 | Citigroup | Downgrades | Buy | Neutral |
May 2015 | Deutsche Bank | Upgrades | Hold | Buy |
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Posted-In: BWS FinancialAnalyst Color Reiteration Analyst Ratings