Equities research analysts at Barclays Capital lifted their price target on shares of DealerTrack Holdings (NASDAQ: TRAK)
Separately, analysts at Evercore Partners initiated coverage on shares of DealerTrack Holdings in a research note to investors on Monday, October 15th. They set an ?overweight? rating on the stock.
Shares of DealerTrack Holdings traded down 0.43% during mid-day trading on Monday, hitting $30.15. DealerTrack Holdings has a 52 week low of $23.31 and a 52 week high of $31.98. The stock?s 50-day moving average is currently $27.15. The company has a market cap of $1.288 billion and a P/E ratio of 25.13. DealerTrack Holdings last posted its quarterly earnings results on Thursday, November 8th. The company reported $0.28 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.30 by $0.02. The company had revenue of $99.10 million for the quarter, compared to the consensus estimate of $99.46 million. During the same quarter in 2012, the company posted $0.34 earnings per share. The company?s quarterly revenue was up 3.4% on a year-over-year basis. DealerTrack Holdings has set its FY12 guidance at $1.08-1.12 EPS. Analysts expect that DealerTrack Holdings will post $1.10 EPS for the current fiscal year. DealerTrack Holdings, Inc. (DealerTrack) is a holding company. The Company provides software solutions to the automotive retail industry, including dealers, lenders, original equipment manufacturers (OEMs), agents and aftermarket providers.