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WSTC $23.5

WSTC target price
23.50
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West Corporation
Type
Public
Traded as NASDAQ: WSTC
Industry

Unified Communications Interactive Services Specialized Agent Services Telecom Services

Safety Services
Headquarters Omaha, Nebraska, US
Key people
Gary and Mary West - co-founders
Tom Barker - Chief Executive Officer
Nancee Berger - President and Chief Operating Officer
Revenue Increase $2.6 billion USD (2012
Number of employees
26,430 (2013)
Website west.com

Unified Communications Interactive Services Specialized Agent Services Telecom Services

West Corporation is a publicly traded telecommunications services provider based in Omaha, Nebraska.

West Corporation operates under two segments: Communications Services and Unified Communications to provide customer contact services, conferencing services, event services and emergency call operations. Intrado supports emergency call operations, Intercall is the world’s largest conferencing service provider, and Televox offers healthcare products and communications support in commercial markets. West also holds an office at the Wisconsin Trade Center in Middleton, Wisconsin.

Gary and Mary West co-founded WATS Marketing of America in 1978. The couple left the company in 1985 and Mary West founded West Teleservices with Troy Eaden in 1986. Gary West joined West Teleservices one year later as chairman.

During the first decade, West Teleservices hired thousands of employees and reached over $100 million in net proceeds. West Teleservices expanded their products through a series of acquisitions, including Tel Mark Sales Inc., Intercall, Televox, and HyperCube.

In November 1996, West went public with 2,000 employees.

In 2002, West acquired Tel Mark Sales, Dakotah Direct, and Attention, LLC. The following year, West acquired conferencing company InterCall and ConferenceCall.com.

In 2006, West which had been publicly traded since 1996, recapitalized under the sponsorship of investor groups led by Thomas H. Lee Partners and Quadrangle Group. Gary and Mary West continued to maintain 25 percent of the company.

In January 2015, West announced the sale of its agent services businesses to Alorica. The sale closed in early March 2015.

West Teleservices changed its name to West Corporation on Jan. 1, 2001. The company name had been West TeleServices Corporation from November 1996 through 2000.

Since 2002, West Corporation has invested approximately $2.7 billion in strategic acquisitions.

West has acquired:

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-05-06 Reiterated Rating William Blair Buy
2016-04-07 Downgrade Morgan Stanley Equal Weight to Underweight $25.00 to $22.00
2016-03-28 Downgrade Goldman Sachs Buy to Neutral $35.00
2016-03-28 Downgrade Goldman Sachs Group Inc. Buy to Neutral $35.00
2016-03-16 Downgrade Barclays Equal Weight to Underweight $22.00 to $21.00
2016-03-16 Downgrade Barclays PLC Equal Weight to Underweight $22.00 to $21.00
2016-03-01 Reiterated Rating William Blair Outperform
2016-02-24 Reiterated Rating William Blair Outperform
2016-02-03 Lower Price Target Deutsche Bank Buy $30.00 to $23.00
2016-02-03 Lower Price Target Barclays Equal Weight $29.00 to $22.00
2016-02-03 Lower Price Target Deutsche Bank AG Buy $30.00 to $23.00
2016-02-02 Reiterated Rating William Blair Buy
2015-12-15 Downgrade Goldman Sachs Neutral to Sell
2015-11-10 Reiterated Rating William Blair Outperform
2015-05-07 Lower Price Target Citigroup Inc. Buy $39.00 to $36.00
2015-03-16 Upgrade Robert W. Baird Neutral to Outperform
2015-01-30 Boost Price Target Citigroup Inc. Buy $36.00 to $39.00
2015-01-30 Boost Price Target Barclays Equal Weight $32.00 to $34.00
2015-01-30 Boost Price Target Deutsche Bank Buy $36.00 to $39.00
2015-01-30 Downgrade RBC Capital Outperform to Sector Perform
2015-01-30 Downgrade Royal Bank Of Canada Outperform to Sector Perform
2015-01-27 Downgrade Robert W. Baird Outperform to Neutral $36.00
2015-01-12 Boost Price Target RBC Capital Outperform $36.00 to $37.00
2015-01-05 Downgrade Goldman Sachs Buy to Neutral $35.00
2014-11-06 Reiterated Rating Barclays Equal Weight $27.00 to $32.00
2014-11-05 Reiterated Rating Citigroup Inc. Buy $31.00 to $36.00
2014-11-05 Reiterated Rating Deutsche Bank Buy $36.00 to $31.00
2014-11-05 Initiated Coverage William Blair Outperform
2014-11-05 Reiterated Rating Bank of America Buy $31.00 to $36.00
2014-11-05 Reiterated Rating Bank of America Corp. Buy $31.00 to $36.00
2014-09-29 Initiated Coverage Goldman Sachs Buy $35.00
2014-08-04 Reiterated Rating Deutsche Bank Buy $27.00 to $31.00
2014-08-04 Reiterated Rating Citigroup Inc. Buy $28.00 to $31.00
2014-07-01 Boost Price Target Evercore ISI Overweight $28.00 to $33.00
2014-06-24 Boost Price Target RBC Capital $30.00 to $31.00
2014-06-17 Downgrade Morgan Stanley Overweight to Equal Weight $29.00
2014-02-03 Reiterated Rating Bank of America Buy $28.00 to $29.00
2014-01-29 Downgrade Barclays Overweight to Equal Weight $26.00 to $27.00
2014-01-23 Downgrade Goldman Sachs Buy to Neutral
2014-01-10 Initiated Coverage RBC Capital Outperform $31.00
2016-05-06 Reiterated Rating William Blair Buy
2016-04-07 Downgrade Morgan Stanley Equal Weight to Underweight $25.00 to $22.00
2016-03-28 Downgrade Goldman Sachs Buy to Neutral $35.00
2016-03-28 Downgrade Goldman Sachs Group Inc. Buy to Neutral $35.00
2016-03-16 Downgrade Barclays Equal Weight to Underweight $22.00 to $21.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
DINOVI ANTHONY 21.63%  (18176113) DNKN / WSTC /
OBERG SOREN 21.63%  (18176113) WSTC /
Grattan Laura A. 21.63%  (18176113) WSTC /
THOMAS H. LEE ADVISORS, LLC 21.63%  (18176113) BKI / INCR / MGI / STSA / UMPQ / WSTC /
QCP GP Investors II LLC 4.50%  (3781961) DHX / LMOS / NTLS / WSTC /
STRUBBE TODD B Pres.-Unified Communications 0.20%  (166729) VRSN / WSTC /
STANGL STEVEN M Pres.-Communication Services 0.17%  (146852) WSTC /
MENDLIK PAUL M CFO and Treasurer 0.14%  (117053) WSTC /
WEST MARY E 0.13%  (109474) WSTC /
WEST GARY L 0.13%  (109474) WSTC /