Welcome!

News Feed Item

The Zacks Analyst Blog Highlights:Auspex Pharmaceuticals, Facebook, General Motors, SINA and Twitter

CHICAGO, April 7, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Auspex Pharmaceuticals (Nasdaq:ASPX-Free Report), Facebook (Nasdaq:FB-Free Report), General Motors (NYSE:GM-Free Report), SINA (Nasdaq:SINA-Free Report) and Twitter (NYSE:TWTR-Free Report).

Zacks Investment Research, Inc., www.zacks.com.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Friday's Analyst Blog:

3 Notable Upcoming IPOs

The first three months of 2014 have been very productive for Initial Public Offerings (IPOs). Per Ernst & Young, the first three months of this year constituted the best performing first quarter since 2011. Globally, 239 deals (up 47.0% year over year) raised $44.3 billion (up 82.0%) in the first quarter.

IPO Boom in the US

Per Renaissance Capital, there were 64 U.S. IPOs during the first quarter, which raised $10.6 billion. This figure slightly differs from Ernst & Young, according to which 68 deals in the U.S. raised $11.6 billion (36.0% year-over-year increase).

While the difference between the figures is immaterial, the key growth factors that are driving the boom are worth noting. Continued low interest rate and higher deal activity from private equity and venture capital firms (72.0% of total deals) are primarily responsible for this stupendous growth.

According to Ernst & Young, the New York Stock Exchange raised $8.6 billion from 25 deals, the highest among the top six global exchanges. As per The Wall Street Journal, there were 74 new listings on the Nasdaq including 45 IPOs during the quarter. Most interestingly, 98% of Nasdaq IPOs filed as "emerging growth companies" under the JOBS Act.

The boom in this year's U.S. IPOs has also been attributed to the JOBS Act. The Act allows the companies with revenues of less than $1.0 billion in its last fiscal year to keep their IPO documents private. The law is quite lenient toward disclosures, which is also a major attraction for less profitable stocks.

According to Renaissance Capital, 66.0% of the first-quarter IPOs are unprofitable companies. However, this has not deterred investors from joining the boom as the average IPO stock is up 24.6% from its offer price. The S&P 500 increased 2.2% during the same period.

The three most trending sectors in the U.S. were healthcare (which raised $2.2 billion from 35 deals), technology ($2.0 billion from 11 deals) and energy ($2.5 billion from 18 deals).     

Upcoming Notable IPOs

The IPO pipeline remains significantly strong as more than 1000 companies have registered worldwide. Start-ups as well as old companies are rushing in to join the bandwagon and cash in on the IPO frenzy. Although the fundamentals may not always support the lofty valuations, investors are expected to aggressively bid for them in search of the next Auspex Pharmaceuticals (Nasdaq:ASPX-Free Report) or Facebook (Nasdaq:FB-Free Report).

Ernst & Young believes that the U.S. trend remains healthy as registrations soared 124.0% in the first quarter. It expects both healthcare and technology sectors to maintain momentum, going forward. We identify three notable stocks that have already filed for IPO:

IMS Health Holdings – IMS Health provides information, technology and services to the healthcare industry worldwide. The company processes more than 45 billion transactions annually and reported revenues of $2.54 billion in 2013. IMS Health plans to raise $1.27 billion by offering 65 million shares at a price range of $18.00 to $21.00, which puts its valuation at approximately $6.63 billion.

Ally Financial (ALLY) – Auto lender Ally Financial was bailed out by the U.S. Government in 2008, when it was a subsidiary of General Motors (NYSE:GM-Free Report). Per Bloomberg, the upcoming IPO is expected to fetch the Treasury Department $2.7 billion, as it reduces its stake to 17% by selling 95 million shares for $25.00–$28.00 per share. The company earned net income of $361.0 million in 2013.

Weibo Corp (WB) SINA's (Nasdaq:SINA-Free Report) subsidiary Weibo is well known as China's Twitter (NYSE:TWTR-Free Report). According to its latest amended F-1 filing, the company selected Nasdaq for filing its IPO. Weibo has approximately 129 million monthly active users (MAUs), of which 70.0% are on mobile MAUs. The company's revenues increased significantly from $65.9 million in 2012 to $188.3 million in 2013.

Conclusion

Highly anticipated filings from the likes of Alibaba, Dropbox, Spotify, Go Daddy and Univision are expected to maintain the IPO momentum for the remainder of 2014.

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Get the full Report on ASPX - FREE
Get the full Report on FB - FREE
Get the full Report on GM - FREE
Get the full Report on SINA - FREE
Get the full Report on TWTR - FREE

Follow us on Twitter: http://twitter.com/zacksresearch

Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
[email protected]
http://www.zacks.com

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Logo - http://photos.prnewswire.com/prnh/20101027/ZIRLOGO

SOURCE Zacks Investment Research, Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"ZeroStack is a startup in Silicon Valley. We're solving a very interesting problem around bringing public cloud convenience with private cloud control for enterprises and mid-size companies," explained Kamesh Pemmaraju, VP of Product Management at ZeroStack, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Codigm is based on the cloud and we are here to explore marketing opportunities in America. Our mission is to make an ecosystem of the SW environment that anyone can understand, learn, teach, and develop the SW on the cloud," explained Sung Tae Ryu, CEO of Codigm, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
"CA has been doing a lot of things in the area of DevOps. Now we have a complete set of tool sets in order to enable customers to go all the way from planning to development to testing down to release into the operations," explained Aruna Ravichandran, Vice President of Global Marketing and Strategy at CA Technologies, in this SYS-CON.tv interview at DevOps Summit at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
Enterprises are moving to the cloud faster than most of us in security expected. CIOs are going from 0 to 100 in cloud adoption and leaving security teams in the dust. Once cloud is part of an enterprise stack, it’s unclear who has responsibility for the protection of applications, services, and data. When cloud breaches occur, whether active compromise or a publicly accessible database, the blame must fall on both service providers and users. In his session at 21st Cloud Expo, Ben Johnson, C...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...