Comments for RATE - Stockpickr! Your Source for Stock Ideas

Comments for RATE

Added By	Comments	Type	Date Added
barrons3	First, let me say that of the ones that are overly shorted, I like Ethan Allen (ETH), Sears (SHLD), Bankrate (RATE) and Panera (PNRA), all profitable, all either doing well or could turn, and all do well if the housing market turns.	Love	September 18, 2008
barrons2	Buy - Price $33.01 on July 7 by Merriman Curhan Ford We are upgrading to Buy from Neutral. We believe that this morning's preannouncement and lower outlook for FY08 is more than priced into the stock. Among other reasons for our upgrade are: 1) Bankrate is among the most pure plays in online advertising, in our view; 2) the company is a leading financial portal in the sector; 3) it has diversified its revenue base away from mortgages; 4) it has a very high level of organic traffic, a valuable asset; 5) the release of the redesigned Website should optimize advertising sales; and 6) it trades below its peer group and the recent takeout multiples of online media companies... .RATE is trading at 9.2 times EV/Ebitda [enterprise value, or market value plus net debt, to earnings before interest, taxes, depreciation and amortization], below the peer group average of 11.2 times. The company has an above-average Ebitda growth outlook of 32% in FY08, which could potentially command a modest premium valuation to peers. Market cap: $510 million.	Love	July 12, 2008
barrons2	Market Outperform - Price 40.24 on June 24 by JMP Securities [We note] some softness in site traffic in June as interest-rate volatility subsides, offset by continued strength in the [certificate of deposit/money-market] channel....We expect the 15% to 20% price increase for CD/MM rate tables to add about $2 million to revenues in 2008, offsetting the weakness in mortgages. RATE trades at 11 times 2008 enterprise value/earnings before interest, taxes, depreciation and amortization...in line with the comparable group's 10.9 times....[this] strong business model is expected to generate 25%-plus organic growth in '08. Market cap: $747 million.	Love	June 28, 2008
barrons2	Market Outperform - Price 49.60 on May 21 by JMP Securities Target: 55. RATE is down 6.5% since announcing impressive 1Q08 results May 1. We believe this [is because] despite 1Q08 outperformance, management did not raise guidance, or discuss organic growth....We believe investor fears are overdone...demand for advertising on Bankrate remains robust, despite the difficult environment...as acquisitions scale, margin expansion should come from both top-line growth and expense optimization. Bankrate currently trades at 13.8 times our 2008 adjusted Ebitda [earnings before interest, taxes, depreciation and amortization] estimate of $65.6 million. Market cap: $910 million.	Love	May 24, 2008
barrons2	Barring a deep recession, Bankrate's outlook is surprisingly strong. Bulls see its stock up 25% in a year.	Love	March 22, 2008
barrons2	Outperform - Price 48.82 on Oct. 16 by RBC Capital Markets Shares currently trade at 14 times 2008 Ebitda and 25 times EPS, a reasonable but not overly inexpensive multiple versus the range of 10 times to 16 times over the past 12 months...advertisers are spending more on Bankrate than they did this time last year, or even in 1H07...We continue to believe that RATE has among the best fundamentals in the small-cap Internet space. [Yet] we believe the easy money may have been made, [thus, we reduce] our rating from Top Pick to Outperform. Target: 59.	Love	October 20, 2007
pk picks	motley fool	Love	July 05, 2007
kolinnie	reco	Love	May 31, 2007
Barrons	From Barron's 5-7-07 "This Internet-based consumer-banking marketplace [offers] original editorial [and] aggregates information on about 300 financial products, including mortgages, credit cards, loans, [deposit products] and online banking fees...Revenues of $22.2 million were better than our $21.5 million estimate, but below Street mean, $23.2 million. Ebitda of $10 million [beat] our $8 million estimate...GAAP EPS of 27 cents [beat] our 20-cent estimate and Street mean, 22 cents...Lower-than-forecast [general and administrative] costs added 4 cents to EPS; better-than-expected gross margins added 2 cents."	Love	May 05, 2007
Barrons	From Barron's 3-26-07 "We are still short Bankrate [RATE]. We were painfully early on Bankrate, judging from the fact the stock went from 20 at the time we spoke two years ago to 39 now. But we actually think our original thesis is unfolding now and see Bankrate as a play on mortgage velocity, which is coming down. Organic growth has all but stopped, as you can see from the deceleration of their page-view growth, but they have made some acquisitions. They've surprised on the upside with earnings expectations because they raised prices aggressively for advertising on their site with Internet banner ads and click-throughs. We think the price increases on ad rates are unsustainable."	Hate	March 24, 2007
Bobl	Been following	Love	March 05, 2007
James O'Flaherty	Rotation	Love	January 25, 2007