Venoco Beats Expectations but Takes a Step Back Anyway

Venoco (NYSE: VQ  ) filed its 10-K on Feb. 16. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Venoco missed slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased significantly.
Margins grew across the board.
Revenue details
Venoco recorded revenue of $83.4 million. The seven analysts polled by S&P Capital IQ foresaw a top line of $84.7 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $72.1 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.35. The 10 earnings estimates compiled by S&P Capital IQ averaged $0.11 per share on the same basis. GAAP EPS of $0.50 for Q4 were much higher than the prior-year quarter's $0.07 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 68.0%, 140 basis points better than the prior-year quarter. Operating margin was 46.9%, 6,080 basis points better than the prior-year quarter. Net margin was 36.5%, 3,030 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $99.4 million. On the bottom line, the average EPS estimate is $0.10.
Next year's average es! timate f or revenue is $432.8 million. The average EPS estimate is $1.08.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 133 members out of 152 rating the stock outperform, and 19 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give Venoco a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Venoco is hold, with an average price target of $12.93.
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Zagg Inc crossed 52 Week High Price - NASDAQ:ZAGG

Zagg Inc (NASDAQ:ZAGG) achieved its new 52 week high price of $16.00 where it was opened at $15.96 down -0.44 points or -2.79% by closing at $15.32. ZAGG transacted shares during the day were over 3.18 million shares however it has an average volume of 2.90 million shares.
ZAGG has a market capitalization $374.99 million and an enterprise value at $388.16 million. Trailing twelve months price to sales ratio of the stock was 3.98 while price to book ratio in most recent quarter was 10.65. In profitability ratios, net profit margin in past twelve months appeared at 13.23% whereas operating profit margin for the same period at 21.69%.
The company made a return on asset of 33.33% in past twelve months and return on equity of 47.24% for similar period. In the period of trailing 12 months it generated revenue amounted to $94.34 million gaining $4.08 revenue per share. Its year over year, quarterly growth of revenue was 207.40% holding 318.50% quarterly earnings growth.
According to preceding quarter balance sheet results, the company had $1.77 million cash in hand making cash per share at 0.07. The total of $4.16 million debt was there putting a total debt to equity ratio 11.10. Moreover its current ratio according to same quarter results was 2.37 and book value per share was 1.44.
Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 22.45% where the stock current price exhibited up beat from its 50 day moving average price $12.83 and remained above from its 200 Day Moving Average price $9.67.
ZAGG holds 24.48 million outstanding shares with 13.20 million floating shares where insider possessed 36.60% and institutions kept 38.00%.