OpenTable (OPEN) Scheduled to Post Earnings on Thursday
OpenTable (NASDAQ:OPEN) will be releasing its earnings data on Thursday, February 6th. Investors that are interested in participating in the company’s conference call can do so using this link.
Shares of OpenTable (NASDAQ:OPEN) opened at 75.58 on Wednesday. OpenTable has a 52-week low of $48.81 and a 52-week high of $87.48. The stock’s 50-day moving average is $79.05 and its 200-day moving average is $75.00. The company has a market cap of $1.759 billion and a price-to-earnings ratio of 56.68.
OPEN has been the subject of a number of recent research reports. Analysts at Citigroup Inc. upgraded shares of OpenTable from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday. They now have a $74.00 price target on the stock, up previously from $68.00. On the ratings front, analysts at Telsey Advisory Group raised their price target on shares of OpenTable from $80.00 to $91.00 in a research note to investors on Monday, January 6th. They now have a “not rated” rating on the stock. Finally, analysts at Zacks downgraded shares of OpenTable from an “outperform” rating to a “neutral” rating in a research note to investors on Thursday, January 2nd. They now have a $88.90 price target on the stock. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and one has assigned a buy rating to the company’s stock. OpenTable presently has a consensus rating of “Hold” and a consensus price target of $75.16.
In other OpenTable news, CFO I. Duncan Robertson sold 3,000 shares of OpenTable stock in a transaction dated Thursday, January 23rd. The shares were sold at an average price of $80.51, for a total transaction of $241,530.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
OpenTable, Inc (NASDAQ:OPEN) provides solution that forms an online network connecting reservation-taking restaurants and people who dine at those restaurants.
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