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A Look At IPOs So Far In 2018
Thursday, July 5, 2018 - 3:19pm | 656The first half of 2018 brought Dropbox Inc (NASDAQ: DBX), Spotify Technology SA (NYSE: SPOT) and 118 other market newbies raising an aggregate $35.2 billion — the most since 2014. Bettors on the young blood generally made off nicely, as the average IPO traded 22 percent above its...
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Bank of America Comments On Ancestry.com After Global Tech Conference
Friday, June 3, 2011 - 7:50am | 112According to a recent report, Ancestry.com (NASDAQ: ACOM) presented yesterday at a Global Tech conference in New York hosted by Bank of America. At the conference, ACOM discussed its business and investment strategies as well as the company's increasing growth. After the CEO and CFO of ACOM...
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Piper Jaffray Reiterates Overweight on Ancestry.com (ACOM)
Friday, April 29, 2011 - 7:36am | 137Piper Jaffray is out with its report today on Ancestry.com (NASDAQ: ACOM), reiterating Overweight. In a note to clients, Piper Jaffray writes, "The bottom line is that we are buyers of ACOM following strong Q1 earnings. We believe Ancestry has quietly established itself as one of the best publicly...
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Jefferies Comments On Ancestry.com's 1Q Results
Monday, April 25, 2011 - 8:05am | 108According to Jefferies, Ancestry.com (NASDAQ: ACOM) 1Q results are expected to be in-line with Consensus, with bias to the upside given an extra month of WDYTYA in 1Q. Jefferies said that it is modeling in $86.6M of revenue and $0.16 EPS vs consensus at $87M and $0.15, respectively. “ACOM is...
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Piper Jaffray Reiterates Overweight Rating On ACOM
Wednesday, March 23, 2011 - 7:58am | 129Piper Jaffray has maintained an Overweight Rating on Ancestry.com (NASDAQ: ACOM). According to Piper Jaffray, "We continue to view shares of ACOM positively as shares appear undervalued. We believe ACOM can continue to grow revenue and EBITDA by 13-15% beyond 2012, reflecting our 14x multiple on...
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Jefferies Maintains Buy Rating on ACOM
Tuesday, March 22, 2011 - 7:53am | 96Jefferies has reiterated Ancestry.com's (NASDAQ: ACOM) Buy Rating after a series of investor meetings. According to Jefferies, "We hosted a series of investor meetings with ACOM management yesterday; here are three key takeaways. 1) We expect the company to meet if not exceed its 1Q11 ending sub...
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UPDATE: Jefferies Raises PT on Ancestry.com to $40 (ACOM)
Friday, February 25, 2011 - 11:25am | 94Jefferies is out with its report today on Ancestry.com (NASDAQ: ACOM), raising its price target from $30 to $40. In a note to clients, Jefferies writes, "We're reiterating our Buy rating on ACOM and increasing our PT to $40 (from $30) to reflect a) guidance for higher growth for 2011, b) higher...
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UPDATE: Citi Color On ACOM 4Q
Friday, February 25, 2011 - 11:00am | 94Citi, which raised its PT on Ancestry.com, Inc. (NASDAQ: ACOM), is providing some color on the stock. “ACOM reported Q4 Rev of $83MM vs. CIRA/Street at $81MM, EBITDA of $29.7MM, vs. CIRA/Street at $28.3MM/$29.6MM, & GAAP EPS of $0.25, vs. CIRA/Street at $0.24/$0.25, Citi reports. “Q1 guidance...
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Citigroup Raises PT On Ancestry.com To $50
Friday, February 25, 2011 - 9:13am | 26Citigroup has raised the price target on Ancestry.com (NASDAQ: ACOM) from $40 to $50 and maintains its Buy rating.
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Jefferies Raises PT On Ancestry.com To $40
Friday, February 25, 2011 - 9:08am | 27Jefferies & Company has raised the price target on Ancestry.com (NASDAQ: ACOM) from $30 to $40 and maintains its Buy rating.
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Piper Jaffray Raises PT On Ancestry.com To $45
Friday, February 25, 2011 - 8:44am | 27Piper Jaffray has raised the price target on Ancestry.com (NASDAQ: ACOM) from $36 to $45 and maintains its Overweight rating.
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Awareness Of Ancestry.com Is Growing According To Morgan Keegan
Monday, January 10, 2011 - 10:15am | 152Morgan Keegan has published a research report on Ancestry.com (NASDAQ: ACOM) and has raised the price target to $40. In the report, Morgan Keegan writes "We expect Ancestry.com outperformed expectations in Q4 reflecting ongoing interest in genealogy. The genealogy trend appears to have more...
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Morgan Keegan Raises PT On Ancestry.com
Monday, January 10, 2011 - 8:52am | 27Morgan Keegan has raised the price target on Ancestry.com (NASDAQ: ACOM) from $30 to $40 and maintains its Outperform rating.