Autobytel Inc (NASDAQ:ABTL)

CAPS Rating: 3 out of 5

An automotive media and marketing services company that helps dealers sell cars and services, and manufacturers build brands through efficient marketing and advertising primarily through the Internet.

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Member Avatar LowEnterpriseVal (< 20) Submitted: 5/28/2014 8:00:04 AM : Outperform Start Price: $12.72 ABTL Score: -20.29

Uncanny success rate of 20% vs 7% avg for leads aimed at selling cars adds incredible value.

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Member Avatar DoubleAmerica (96.67) Submitted: 5/21/2014 1:20:25 PM : Outperform Start Price: $11.83 ABTL Score: -15.90

ABTL is a best of breed company and large player in the small but growing automotive lead industry. The importance of a dealer's website and ability to attract customers through the internet will keep increasing with the general population's increasing adoption and comfort with technology. ABTL's leads provided to dealers result in a sale for the dealer around 21-23 % of the time, compared to an industry average of 6-8%. They've published a Case Study with Google Adwords, highlighting their improvements and focus on automotive lead quality. The value proposition they offer to dealers is unmatched and I can see them growing into an even more integral part of the car buying process in the future. They've also completed an acquisition recently which should be very accretive and have the potential for more due to the fragmented structure of the industry. Because of the minimal capital requirements of the business and large quantity of NOLs, the business produces strong FCF, which will continue to increase along with organic growth and accretive acquisitions. It wouldn't be a huge surprise to see a PE firm or other strategic buyer express interest, as many competitors in this space are privately owned.

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Member Avatar tedski2000 (< 20) Submitted: 10/29/2013 2:20:21 PM : Outperform Start Price: $8.66 ABTL Score: +11.85

This stock was on the Zacks list of #1 Rank Additions on the day it was placed in the CAPS portfolio.

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Member Avatar bull176 (< 20) Submitted: 9/7/2013 5:33:59 AM : Outperform Start Price: $7.11 ABTL Score: +32.52

Auto sales are up and this company is right in the middle reporting record revenues!!!

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Member Avatar KimLanners (< 20) Submitted: 5/4/2011 6:12:02 AM : Outperform Start Price: $7.10 ABTL Score: +4.60

internet automobile

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Member Avatar Oakes5429 (< 20) Submitted: 10/2/2010 8:16:10 PM : Outperform Start Price: $3.94 ABTL Score: +108.54

Industry turnaround in '11 & '12

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Member Avatar xdogg (< 20) Submitted: 9/18/2007 5:27:37 PM : Underperform Start Price: $15.15 ABTL Score: +68.97

Overvalued...weak fundamentals.

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Member Avatar rskutty (< 20) Submitted: 7/24/2007 12:17:43 AM : Outperform Start Price: $20.35 ABTL Score: -87.93

myride.com

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Member Avatar oooitsjustin (< 20) Submitted: 6/15/2007 4:18:12 AM : Outperform Start Price: $21.85 ABTL Score: -91.65

The auto season is on dispite gas prices. Internet leads are huge these days it will due well

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Member Avatar NetscribeServcs (< 20) Submitted: 2/8/2007 7:36:17 AM : Outperform Start Price: $19.25 ABTL Score: -94.27

Autobytel Inc is an automotive marketing company, which owns and operates a list of websites that helps dealers to sell cars and manufacturers to build brands through efficient marketing and advertising. It provides tools and programs to automotive dealers and manufacturers to help them generate sales, enhance customer loyalty and reduce customer acquisition costs. With 60% of the revenues coming from Lead Fees, rest of the revenues is being shared by advertising, CRM, and data and applications segment.

It is estimated that automotive dealers and manufacturers in US spent approximately $ 30 billion on marketing and advertising annually. The internet automotive space continues to grow, as more and more marketing dollars from both dealers and manufacturers migrate to the internet. The online automotive advertising market, which was about $ 1.95 billion in 2006, is expected to reach $ 2.7 billion by 2007. Endorsing the same, companies like Autobytel are well positioned to reap the benefits, by enhancing customer loyalty and reduce acquisition cost by providing them specific solutions to generate sales.

Autobytel has recently sold off its price and specification business called Automotive Information Center (AIC) to R.L Polk and Company. This divesture helps Autobytel to focus on its core business of developing new ways to deliver value and solutions to its customers. Also, it has announced that it is going to launch its new website named MyRide.com, in second quarter of 2007, which will provide single step solutions for consumers who need automotive content on internet, related to purchase and ownership lifecycle.

Autobytel has teamed up with AOL, which will make the Autobytel network, an exclusive fulfillment channel for consumers who look to AOL Autos every month for assistance in obtaining new vehicle price quotes from their local dealers. With a pipeline of initiatives already being announced, which are likely to show results during second half of 2007, investors should feel free to take an exposure in this stock with a long-term objective.

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Member Avatar fimachine (97.48) Submitted: 10/10/2006 6:20:36 PM : Underperform Start Price: $15.60 ABTL Score: +92.00

This stock is way overvalued @ 3.10 a share. This is more like a 1.00-1.20 a share stock.

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Member Avatar jdominic (54.67) Submitted: 10/3/2006 7:26:06 PM : Underperform Start Price: $14.65 ABTL Score: +89.16

Unusual Option activity

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Member Avatar TMFBreakerRick (81.92) Submitted: 9/29/2006 6:09:13 PM : Outperform Start Price: $14.90 ABTL Score: -89.96

I once interviewed the former CEO. I was sold on the model -- it really does work as a cheaper way for carmakers to move cars off their lots over more conventional forms of marketing -- but felt the execution was lacking. Now that it's new blood at the helm, I'm hopeful that they will get the right model right.

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Member Avatar dhillssfo (< 20) Submitted: 9/16/2006 11:59:22 PM : Outperform Start Price: $16.35 ABTL Score: -99.05

New management who recently left AOL. Three guys who have worked together for a while and good experience in the industry. Core business is solid but slow growth. Think between expense cuts and new efforts this team will do well.

Results 1 - 14 of 14

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