LinkedIn Corp (LNKD): What to Look For In Thursday’s Earnings Report


Shares of LinkedIn Corp (NYSE:LNKD) are trading higher today as earnings season is in full swing. The company, expected to report their fourth quarter numbers on Thursday, has seen its stock drop over 10% during the last few weeks, but investors hope that a strong quarter will help the stock regain much of these losses.

Analysts are expecting LinkedIn Corp (NYSE:LNKD) to report an EPS of around $0.78 on revenue of around $864.39 million. This would equate to a $0.17 EPS gain over the same period last year and a 33% gain in revenue for that same period. A solid report, which beats these estimates, would likely send shares higher near the end of the week. Also reports by both Google and Yahoo prior to Thursday could also have an impact on shares throughout the week.

The stock is up 2.12% or $4.19 following the news, hitting $202.2 per share. About 1.27 million shares traded hands. LNKD has declined 9.17% since June 25, 2015 and is downtrending. It has underperformed the S&P500 by 0.30%.

From a total of 16 analysts covering LinkedIn (NYSE:LNKD) stock, 11 rate it a “Buy”, 0 a “Sell”, and 5 a “Hold”. This means that 69% of the ratings are positive. The highest target price is $311 while the lowest target price is $184. The mean of all analyst targets is $256.02 which is 26.62% above today’s ($202.2) stock price. LinkedIn was the topic of 26 analyst reports since July 28, 2015 according to the firm StockzIntelligence Inc. Nomura initiated shares on December 4 with a “Buy” rating. FBR Capital maintained shares with a”Mkt Perform” rating and a $189 target share price in their report from an October 30. Barclays Capital maintained LNKD stock in a recent report from November 2 with a “Overweight” rating. Axiom Capital maintained the rating on October 30. Axiom Capital has a “Buy” rating and a $285 price target on shares. Finally, Canaccord Genuity maintained the stock with a “Buy” rating in a report they issued on an October 30.

The institutional sentiment decreased to 1.01 in Q2 2015. It’s down 0.05, from 1.06 in 2015Q2. The ratio is negative, as 57 funds sold all their LinkedIn Corp shares they owned while 154 reduced their positions. 50 funds bought stakes while 163 increased their total positions. Institutions now own 95.21 million shares which is 4.27% less than the previous share count of 99.46 million in 2015Q2.

Maveron General Partner Iv Llc holds 100% of its total portfolio in LinkedIn Corp, equating to 572 shares. Scge Management L.P. owns 240,000 shares representing 7.39% of their total US portfolio. Moreover, Glynn Capital Management Llc has 6.99% of their total portfolio invested in the company, equating to 111,295 shares. The California-based Criterion Capital Management Llc has a total of 5.73% of their portfolio invested in the stock. Ibis Capital Partners Llp, a United Kingdom-based fund reported 71,207 shares owned.

Since March 3, 2015, the stock had 0 insider buys, and 15 sales for a total of $8.10 million in net activity. Gamson Michael sold 4,722 shares worth $929,429. Callahan Michael John sold 698 shares worth $136,445. Scott James Kevin sold 5,059 shares worth $947,055. Taylor Susan J.S. sold 612 shares worth $114,211. The insider Battle A George sold 174 shares worth $32,627.

LinkedIn Corporation is a professional network on the Internet. The company has a market cap of $26.11 billion. The Company’s three product lines include Talent Solutions, Marketing Solutions and Premium Subscriptions. It currently has negative earnings. All three product lines are sold through two channels, an offline field sales organization, which engages with both large and small enterprise customers, as well as an online, self-serve channel, which includes enterprise clients and individual members purchasing subscriptions.