West Corp Receives a Buy from William Blair

By Ryan Adsit

William Blair analyst Dmitry Netis reiterated a Buy rating on West Corp (NASDAQ: WSTC) on November 3. The company’s shares closed last Friday at $21.60.

According to TipRanks.com, Netis is a 4-star analyst with an average return of 3.7% and a 48.2% success rate. Netis covers the Technology sector, focusing on stocks such as Interactive Intelligence, Juniper Networks, and Everbridge, Inc.

West Corp has an analyst consensus of Moderate Buy.

Based on West Corp’s latest earnings report from June 30, the company posted quarterly revenue of $582.4M and quarterly net profit of $32.98M. In comparison, last year the company earned revenue of $574.4M and had a net profit of $49.48M.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WSTC in relation to earlier this year.

West Corp. provides technology-driven communication services. It offers services, which includes conferencing and collaboration, unified communications, alerts and notifications, emergency communications, business process outsourcing and telephony/interconnect services. It operates through the following segments: Unified Communications Services; Safety Services; Interactive Services; and Specialized Agent Services. The Unified Communications Services segment includes collaboration services, UCasS, and Telecom Services. the Safety Services segment comprises of 9-1-1 network services, 9-1-1 telephony systems and services, 9-1-1 solutions for enterprises and database management. The Interactive Services segment offers proactive notifications and mobility, interactive voice response (IVR) self-service, cloud contact center and professional services. The Specialized Agent Services segment provides healthcare advocacy services, cost management services and revenue generation. The company was founded by Mary E. West and Gary L. West in 1986 and is headquartered in Omaha, NE.