Analysts at Rosenblatt downgraded Constant Contact, Inc. (CTCT) from ‘Buy‘ to ‘Neutral‘ in a research report issued to clients on Friday.
On valuation measures, Constant Contact Inc. stock it’s trading at a forward P/E multiple of 15.61x, and at a multiple of 61.43x this year’s estimated earnings. The t-12-month revenue at Constant Contact is $331.68 million. CTCT ‘s ROE for the same period is 5.79%.
Shares of the $868.53 million market cap company are up 34.76% year-over-year ; down 5.04% year-to-date.
Constant Contact Inc., currently with a median Wall Street price target of $46.00 and a high target of $50.00, dropped $7.82 to $27.03 in recent trading.
The chart below shows where the equity has traded over the past 52-weeks.
Baidu, Inc. (BIDU) was downgraded from ‘Buy‘ to ‘Hold‘ and the price target was cut to $196 from $253 at Jefferies.
Shares have traded today between $196.13 and $202.50 with the price of the stock fluctuating between $148.44 to $251.99 over the last 52 weeks.
Baidu Inc. ADS shares are currently changing hands at 33.46x this year’s forecasted earnings, compared to the industry’s 17.61x earnings multiple. Ticker has a t-12 price/sales ratio of 8.88. EPS for the same period registers at $6.02.
Shares of BIDU have gained $1.16 to $201.44 in mid-day trading on Friday, giving it a market cap of roughly $70.72 billion. The stock traded as high as $251.99 in Nov 13, 2014.
Shares of LinkedIn Corporation (LNKD) are down $51.74 at $200.39, after Barclays this morning lowered its price target on the shares to $225 from $260, and reiterated an ‘Equal Weight’ rating.
The stock is up 64.29% year-over-year and has gained roughly 9.76% year-to-date. In the past 52 weeks, shares of Mountain View, California-based company have traded between a low of $136.02 and a high of $276.18.
LinkedIn Corp. Cl A closed Thursday at $252.13. The name has a total market cap of $25.23 billion.
First Solar, Inc. (FSLR) was reiterated as ‘Buy’ and the price target was decreased to $69 from $75 at Needham.
FSLR closed at $59.67 on Thursday and is currently trading down $2.23.
In the past 52 weeks, shares of the company have traded between a low of $39.18 and a high of $73.78 and are now trading at $57.44. Shares are down 11.59% year-over-year ; up 33.79% year-to-date.
Shares of Insulet Corporation (PODD) are down $3.40 to $26.45 in mid-day trading after The Benchmark Company reiterated its ‘Buy’ rating and decreased its 12-month base case estimate on the name by 9 points to $30 a share.
Ticker has a forward P/E of 665.77 and t-12 price-to-sales ratio of 5.84. EPS for the same period is ($0.93). In the past 52 weeks, shares of Billerica, Massachusetts-based company have traded between a low of $24.95 and a high of $47.97 and are now at $26.28. Shares are down 20.67% year-over-year and 35.19% year-to-date.
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