OpenTable Inc (OPEN) Releases Q4 Earnings Guidance
OpenTable Inc (OPEN) updated its fourth quarter earnings guidance on Thursday. The company provided EPS guidance of 0.41-0.45 for the period.
Several analysts have also recently commented on the stock. Analysts at Macquarie initiated coverage on shares of OpenTable in a research note to investors on Friday, October 12th. They set an outperform rating and a $53.00 price target on the stock. On a related note, analysts at Piper Jaffray reiterated a neutral rating on shares of OpenTable in a research note to investors on Tuesday, October 2nd. Finally, analysts at Benchmark Co. reiterated a buy rating on shares of OpenTable in a research note to investors on Tuesday, October 2nd. They now have a $49.00 price target on the stock.
Shares of OpenTable Inc (OPEN) traded up 0.83% during mid-day trading on Thursday, hitting $47.36. OpenTable Inc (OPEN) has a one year low of $31.54 and a one year high of $52.95. The company has a market cap of $1.070 billion and a P/E ratio of 51.39.
OpenTable last issued its quarterly earnings data on Thursday, November 1st. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.06. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. On average, analysts predict that OpenTable Inc (OPEN) will post $1.61 earnings per share for the current fiscal year.
OpenTable, Inc. (OpenTable) provides solution that forms an online network connecting reservation-taking restaurants and people who dine at those restaurants.
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