West Corp Hits New 1-Year High at $27.32 (WSTC)
West Corp (NASDAQ:WSTC) hit a new 52-week high during trading on Friday , AnalystRatings.Net reports. The company traded as high as $27.32 and last traded at $27.05, with a volume of 57,607 shares trading hands. The stock had previously closed at $26.90.
Separately, analysts at Zacks upgraded shares of West Corp from an “underperform” rating to a “neutral” rating in a research note on Monday, April 7th. They now have a $24.50 price target on the stock. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $26.83.
The stock’s 50-day moving average is $25.22 and its 200-day moving average is $24.61. The company has a market cap of $2.270 billion and a P/E ratio of 12.35.
West Corp (NASDAQ:WSTC) last released its earnings data on Wednesday, April 23rd. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.05. The company had revenue of $676.20 million for the quarter, compared to the consensus estimate of $661.07 million. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. Analysts expect that West Corp will post $2.87 EPS for the current fiscal year.
In other West Corp news, CFO Paul M. Mendlik sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $26.99, for a total transaction of $269,900.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
West Corporation is a provider of technology-driven, communication services. The Company offers a broad portfolio of services, including conferencing and collaboration, unified communications, alerts and notifications, emergency communications, business process outsourcing and telephony / interconnect services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.