UNIVERSITY OF OREGON INVESTMENT GROUP 4-30-2010 Consumer Goods Rosetta Stone Inc. RECOMMENDATION: BUY Stock Data Price (52 weeks) Symbol/Exchange Beta Shares Outstanding Average daily volume (3 month average) Current market cap(M) Current Price Valuation (per share) DCF Analysis Comparables Analysis Current Price Target Price Summary Financials 2009A ($M) Revenue Net Income Operating Cash Flow $252 $13.4 $41.1 $16.06- 32.97 RST / NYSE .65 19.9 287,505 $569 $26.25 $31.88 (50% weight) $37.10
Words: 5281 - Pages: 22
Why Has IPO Underpricing Increased Over Time? Tim Loughran University of Notre Dame P.O. Box 399 Notre Dame IN 46556-0399 219.631.8432 voice Loughran.9@nd.edu and Jay R. Ritter University of Florida P.O. Box 117168 Gainesville FL 32611-7168 352.846.2837 voice ritter@dale.cba.ufl.edu http://bear.cba.ufl.edu/ritter March 18, 2002 We wish to thank Hsuan-Chi Chen, Craig Dunbar, Todd Houge, Josh Lerner, Alexander Ljungqvist, Donghang Zhang, two anonymous referees, and seminar participants
Words: 13928 - Pages: 56
Мнацаканян К. К., Музиченко А. Г. Донецький національний університет Перспективи IPO українських компаній на європейській фондовій біржі Актуальність теми. На сучасному етапі розвитку української економіки дефіцит інвестиційних ресурсів ставить перед керівництвом компаній питання вибору форм фінансування, серед яких найбільш визначними є надання довгострокових кредитів, емісія цінних паперів: облігацій чи акцій компанії. У нинішніх умовах функціонування української економіки банківське кредитування
Words: 1314 - Pages: 6
We’re on Twitter time now. The official announcement, sealed with a Tweet of course, said simply, “We’ve confidentially submitted an S-1 to the SEC for a planned IPO.” Not following the “jobs and growth” movement? You may have missed a newfangled way start-ups can start the process of raising money from the public — and create jobs and economic growth—with less regulation and much less paperwork. On April 5 of last year, the Jumpstart Our Business Startups Act (JOBS Act or Act) became law in the
Words: 290 - Pages: 2
ACC201 Unit 5: Module 5 - M5 Assignment 1 Assignment 1: LASA: IPO Presentation You work for a medium sized privately held electronics firm which is considering transitioning to a publically held organization. Your boss found out that you were taking business courses at Argosy University and has asked you to prepare a presentation for upper level management to explain the process by which a privately held company would transition to publicly held company. He has asked you to describe the general
Words: 266 - Pages: 2
Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation JetBlue Airways IPO Valuation
Words: 308 - Pages: 2
emerging markets IPOs Published by Deutsche Börse AG in collaboration with Deutsche Börse Listing Partners 2 Preamble Preamble The following recommendations and suggestions are designed to help issuers as well as participating banks and advisors to address the special characteristics of an emerging markets company’s initial public offering (IPO) and thus to contribute to a successful IPO. They do not constitute mandatory procedures for conducting an emerging markets IPO. The specific features
Words: 3612 - Pages: 15
ISSUE MANAGER REPUTATION, UNDERPRICING LONGAND LONG-RUN PERFORMANCE OF INITIAL PUBLIC OFFERINGS: EVIDENCE FROM THE SINGAPORE IPO MARKET VOON PEIJUN (Bachelor of Business Administration (Hons), NUS) A THESIS SUBMITTED FOR THE DEGREE OF MASTERS OF SCIENCE (BUSINESS) DEPART DEPARTMENT OF FINANCE AND ACCOUNTING NATIONAL UNIVERSITY OF SINGAPORE 2009 ACKNOWLEDGEMENT I would like to express my warmest gratitude to Professor Michael Shih for his patient guidance and encouragement all this
Words: 28110 - Pages: 113
Hertz Ipo Case Analysis Executive Summary Hertz group had initiated an IPO in July 2006 when Carlyle group, together with Clayton, Dubilier &Rice, and Merril Lynch Global Private equity , three prominent firms had filed to take the firm public. However this action has come just seven months after the three had combined to purchase Hertz from Ford Motor Company for Approx. $15 million. Berg, MD of Vandelay Capital Management debated whether to invest in this IPO.The LBO sponsors had borrowed
Words: 1734 - Pages: 7
1) In general, what attributes make a company a good candidate for an IPO? Explains what type of company makes a good candidate for an IPO in depth. Explains the Advantages and Disadvantages of an IPO. An initial public offering, often shortened to an IPO, is when a company turns from a private company into a public company. This is done by the first sale of stock to the public by the former private company. This process is usually completed by a smaller company that is trying to increase
Words: 3438 - Pages: 14
