Local.com Corp. is expected to post losses this year

Local.com Corp. (NASDAQ:LOCM). Last Market Price: 2.7, Change: +0.33, % Change: (13.93%). Shares trade in the range of 2.58 – 2.94 dollars. It has a market capitalization of 59.41M dollars, making it a Small Cap Stock and has 22.00M outstanding shares. The company has a beta of 2.22, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is -0.16. It operates in Technology sector and belongs to Computer Services industry. Percentage shares held by institutional investors is 18%. The company has a 52 week high of $ 7.25 and a 52 week low of $ 1.99. Average volumes of shares traded daily are 189,864. Volume traded in the last session was at 607,748, 3.20 times the average volume.

• The company was in the profits a year ago, is expected to post losses this year according to analyst expectations

For Q2 (Jun ’11), It had a Net profit margin of -34.68%, an Operating margin of -36.79%. Other Key stats and ratios are : Return on average assets of -32.32%, Return on average equity of -39.41%. The organization has an employee strength of 116

Consensus Recommendation is a Outperform.

Estimate for sales for the Year Ending Dec-11 show a mean of 79.80 million dollars, an estimate high of 81.50 million dollars and an estimate low of 78.10 million dollars. A year ago the figures stood at 106.08 million dollars.

Estimate for sales for the Year Ending Dec-12 show a mean of 99.25 million dollars, an estimate high of 105.30 million dollars and an estimate low of 93.20 million dollars.

Estimate for EPS for the Year Ending Dec-11 show a mean of -0.78 dollars, an estimate high of -0.75 dollars and an estimate low of -0.81 dollars. A year ago the figures stood at 0.25 dollars.

Estimate for EPS for the Year Ending Dec-12 show a mean of 0.41 dollars, an estimate high of 0.98 dollars and an estimate low of -0.16 dollars.

Sales for Quarter Ending Jun-11 was estimated at 17.10 million dollars, however the actual sales figure stood at 15.58 million dollars, 1.52 million dollars less than estimates.

Sales for Quarter Ending Mar-11 was estimated at 16.30 million dollars, however the actual sales figure stood at 16.80 million dollars, 0.5 million dollars more than estimates.

Post Written By: Ed Liston Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.