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4-Traders Homepage  >  Equities  >  Nasdaq  >  Web.com Group Inc    WEB

WEB.COM GROUP INC (WEB)
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Web com : Jacksonville's Web.com to construct new company headquarters on Gate Parkway

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11/15/2017 | 10:36pm CET

Nov. 15--Jacksonville-based Web.com is in the process of developing a new global headquarters.

The internet site designer and marketer for small businesses announced in a news release Wednesday that it is planning a new headquarters in what will be a six-story, 218,700-square-foot building on 18 acres of land set to be opened in Jacksonville in the spring of 2019. The new headquarters will be at 5379 Gate Parkway.

The small business website company launched in Jacksonville in 1997 and has grown to employ 3,800 employees. Web.com CEO and president David Brown said about a third of those employees are split between two office buildings on Jacksonville's Southside at 12808 Gran Bay Parkway West. That's where more than 1,000 employees based in Jacksonville work.

The new headquarters will lead to a more centralized workforce at the new facility that will be called "Town Center Two." The remainder of Web.com's employes work in offices scattered in 28 different markets in the U.S. and five other countries.

The new Web.com building will be owned by VanTrust Real Estate LLC, the news release said.

Drew Dixon/Times-Union

___

(c)2017 The Florida Times-Union (Jacksonville, Fla.)

Visit The Florida Times-Union (Jacksonville, Fla.) at www.jacksonville.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2017 755 M
EBIT 2017 171 M
Net income 2017 34,9 M
Debt 2017 591 M
Yield 2017 -
P/E ratio 2017 36,07
P/E ratio 2018 21,32
EV / Sales 2017 2,25x
EV / Sales 2018 1,98x
Capitalization 1 108 M
Chart WEB.COM GROUP INC
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Web.com Group Inc Technical Analysis Chart | WEB | US94733A1043 | 4-Traders
Technical analysis trends WEB.COM GROUP INC
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 27,0 $
Spread / Average Target 19%
EPS Revisions
Managers
NameTitle
David L. Brown Chairman, President & Chief Executive Officer
Kevin M. Carney Chief Financial Officer & Executive Vice President
Jane L. Landon Chief Technology Officer
Timothy I. Maudlin Lead Independent Non-Executive Director
Hugh M. Durden Independent Non-Executive Director
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