DealerTrack Holdings, Inc. - Momentum
19 12월 2011 - 9:00AM
Zacks
DealerTrack Holdings, Inc. (TRAK) has been surging for the
last two months, recently hitting a new multi-year high after
reporting another strong quarter. With estimates on the rise and a
bullish growth projection, this Zacks #1 Rank stock is on the right
track for momentum.
Company Description
DealerTrack Holdings, Inc., through its
subsidiaries, provides software solutions to the automotive retail
industry in the United States and Canada. The company was founded
in 2001 and has a market cap of $1.12 billion.
DealerTrack saw big gains in October with the
bullish market. But shares got an extra boost on Nov 7 after the
company reported strong Q3 results that came in well ahead of
expectations.
Third-Quarter Results
Revenue for the period was up 52% from last year to
$96 million. Earnings also came in strong at 28 cents, 56% ahead of
the Zacks Consensus Estimate, where the company has an average
earnings surprise of 99% over the last three quarters.
Financial Profile
The company will continue to benefit from its
strong financial profile, with cash and short-term investments of
$65 million against no long-term debt.
Estimates
We saw some bullish movement in estimates off the
good quarter, with the current year adding 11 cents to 80 cents
while the next-year estimate gained 14 cents to 91 cents, a healthy
14% growth projection.
Valuation
With a PEG ratio of 2.36, TRAK trades at a premium
to the benchmark of 1 for value.
6-Month High
On the chart, shares have been rallying since early
October, recently hitting a new multi-year. Take a look below.
![](http://www.zacks.com/images/upload_dir/1324061305.jpg)
Michael Vodicka is the Momentum Stock Strategist
for Zacks.com. He is also the Editor in charge of the
market-beating Zacks Whisper Trader Service.
DEALERTRACK HLD (TRAK): Free Stock Analysis Report
Zacks Investment Research
(MM) (NASDAQ:TRAK)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
(MM) (NASDAQ:TRAK)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024