% | $
Quotes you view appear here for quick access.

công ty OpenTable Message Board

  • luana2045 luana2045 Nov 3, 2010 8:22 AM Flag

    Stifel Nicolaus-OPEN Fully Valued

    In a note this morning Stifel Nicolaus calls OPEN fully valued.

    I see little upside and massive downside.

    See Briefing for the full article.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • OpenTable: Color on qtr (61.40)Stifel Nicolaus notes, last night, OPEN's 3Q10 impressive results beat its ests and Street consensus on all major metrics including rev, EPS, and adjusted EBITDA. N. American seated diner growth has accelerated in each qtr since generating 18% growth in 1Q09. The spread between the co's seated diner growth rate and industry traffic counts was 49.5 percentage points above industry traffic growth of 2.5% in 3Q10, compared to a spread of 45 percentage points in 2Q10, and 32 percentage points in 3Q09. As comparisons get tougher in 4Q10, firm believes the 49.5 percentage point spread will be difficult to beat. Firm continues to believe that the shares are fully valued and reflect strong business momentum and high investor expectations.
      OPEN is trading at $71.91 pre market

102.950.00(0.00%)Jul 23 4:00 PMEDT