OMNITURE INC ( OMTR )
Market Cap: $1,270 million
Software 500 Rank: 210
Omniture provides a suite of “business optimization” software programs that allow business customers to manage information.
Revenue growth, which has been increasing at a very high rate since 2003, is projected by S&P to “more than double in 2008″, mostly due to recent acquisitions. However, Omniture has not yet provided positive earnings.
The company went public in mid-2006. From the peak of $38.57 in October 2007, the stock has declined more than 50% to a current price of $18.40 (7-25-08).
A covered call investing position is available for OMTR with a potential return of 4.9% and downside protection of 16.1%, so even if the price of Ominture’s stock does not decrease more than 16.1% at stock options expiration in September, the covered call investing position will remain profitable.
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $30 |
| Analysts' Targets |
| AmTech Research | $26 |
| Buy |
Thursday, July 24, 2008
|
| Friedman, Billings, Ramsey & C | $26 |
| Mkt Perform |
Thursday, July 24, 2008
|
| Deutsche Bank Securities | $41 |
| Buy |
Thursday, July 24, 2008
|
| Broadpoint Capital | $29 |
| Strong Buy |
Monday, March 31, 2008
|
| Robert W. Baird & Co. | $30 |
| Neutral |
Friday, March 14, 2008
|
| Lehman Brothers | $27 |
| Equal-weight |
Monday, March 10, 2008
|
| JMP Securities LLC | $32 |
| Mkt Outperform |
Wednesday, March 05, 2008
|
| Jefferies & Co. | $27 |
| Hold |
Wednesday, March 05, 2008
|
| RBC Capital Markets | $31 |
| Outperform |
Friday, February 08, 2008
|
| Oppenheimer & Co. Inc. | $34 |
| Outperform |
Thursday, January 24, 2008
|
$16.79 (08/05/08)
