{"id":10157,"date":"2012-02-27T04:07:36","date_gmt":"2012-02-27T09:07:36","guid":{"rendered":"http:\/\/drduru.com\/onetwentytwo\/?p=10157"},"modified":"2012-02-27T04:07:36","modified_gmt":"2012-02-27T09:07:36","slug":"comeback-lps-continues-after-earnings","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/","title":{"rendered":"The Comeback for LPS Continues Even After Earnings Disappoint"},"content":{"rendered":"

(This is an excerpt from an article I originally published on Seeking Alpha on February 26, 2012. Click here to read the entire piece<\/a>.)<\/strong><\/p>\n

When Lender Processing Services (LPS) reported fourth quarter and full 2011 earnings on February 13, the company provided downside guidance on earnings and revenues. When the stock opened 6% lower, it sure seemed like a solid run from a steep one-day sell-off in December<\/a> had finally come to an end. Instead, buyers stepped right in and took the stock HIGHER for the day. LPS closed UP 3.2% in a major reversal and is now an amazing 16.0% higher since reporting earnings.<\/p>\n


\n
\"LPS<\/a>
LPS has soared since December lows and responded surprising well to Feb earnings. Rally has now stalled on very low volume.<\/figcaption><\/figure>
\nSource: FreeStockCharts.com<\/a><\/strong>
\n<\/center><\/p>\n

{snip}<\/p>\n

The LPS earnings conference call provides some clues revealing why investors and traders decided to buy the brief post-earnings dip. I read through the transcripts provided by Seeking Alpha<\/a> and basically concluded that the company has put most of its legal and operational troubles behind it. {snip}<\/p>\n

{snip}<\/p>\n

In other words, LPS is positioning itself for a relatively fresh start going forward.<\/p>\n

{snip} The current run-up in LPS’s stock is starting to reflect good outcomes for the company in 2012. So, I cannot recommend buying LPS as a severely undervalued and under-appreciated company. However, based on a forward P\/E of 9.1, a price-to-sales ratio of 0.9, and healthy free cash flows, one can argue that LPS could still experience some valuation-based upside.<\/p>\n

In the meantime, I am holding my shares with a partial hedge from covered calls. I will likely be looking to increase upside exposure on any future dips in the stock (depending on the catalyst of course).<\/p>\n

Be careful out there!<\/p>\n

(This is an excerpt from an article I originally published on Seeking Alpha on February 26, 2012. Click here to read the entire piece<\/a>.)<\/strong><\/p>\n

Full disclosure: long LPS<\/p>\n","protected":false},"excerpt":{"rendered":"

(This is an excerpt from an article I originally published on Seeking Alpha on February 26, 2012. Click here to read the entire piece.) When Lender Processing Services (LPS) reported fourth quarter and full 2011 earnings on February 13, the company provided downside guidance on earnings and revenues. When the stock opened 6% lower, it … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[220,35],"tags":[530,435,436,437],"class_list":["post-10157","post","type-post","status-publish","format-standard","hentry","category-earnings","category-housing","tag-foreclosure","tag-lender-processing-services","tag-lps","tag-mortgage"],"yoast_head":"\nThe Comeback for LPS Continues Even After Earnings Disappoint - ONE-TWENTY TWO: Trading Financial Markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Comeback for LPS Continues Even After Earnings Disappoint - ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"og:description\" content=\"(This is an excerpt from an article I originally published on Seeking Alpha on February 26, 2012. Click here to read the entire piece.) When Lender Processing Services (LPS) reported fourth quarter and full 2011 earnings on February 13, the company provided downside guidance on earnings and revenues. When the stock opened 6% lower, it ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/\" \/>\n<meta property=\"og:site_name\" content=\"ONE-TWENTY TWO: Trading Financial Markets\" \/>\n<meta property=\"article:published_time\" content=\"2012-02-27T09:07:36+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/02\/120224_LPS.png\" \/>\n<meta name=\"author\" content=\"Dr. Duru\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@drduru\" \/>\n<meta name=\"twitter:site\" content=\"@drduru\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dr. Duru\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/\"},\"author\":{\"name\":\"Dr. Duru\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"headline\":\"The Comeback for LPS Continues Even After Earnings Disappoint\",\"datePublished\":\"2012-02-27T09:07:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/\"},\"wordCount\":328,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2012\\\/02\\\/120224_LPS.png\",\"keywords\":[\"foreclosure\",\"Lender Processing Services\",\"LPS\",\"mortgage\"],\"articleSection\":[\"Earnings\",\"Housing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/\",\"name\":\"The Comeback for LPS Continues Even After Earnings Disappoint - ONE-TWENTY TWO: Trading Financial Markets\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2012\\\/02\\\/120224_LPS.png\",\"datePublished\":\"2012-02-27T09:07:36+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/#primaryimage\",\"url\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2012\\\/02\\\/120224_LPS.png\",\"contentUrl\":\"http:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2012\\\/02\\\/120224_LPS.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/2012\\\/02\\\/27\\\/comeback-lps-continues-after-earnings\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Comeback for LPS Continues Even After Earnings Disappoint\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#website\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/\",\"name\":\"ONE-TWENTY TWO: Trading Financial Markets\",\"description\":\"Exploring the poetry in financial markets for students of money and economy since the year 2000.\",\"publisher\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/#\\\/schema\\\/person\\\/d9569fde6c701b021a8d958f775be9a0\",\"name\":\"Dr. Duru\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"url\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"contentUrl\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\",\"width\":900,\"height\":100,\"caption\":\"Dr. Duru\"},\"logo\":{\"@id\":\"https:\\\/\\\/drduru.com\\\/onetwentytwo\\\/wp-content\\\/uploads\\\/2018\\\/09\\\/cropped-masthead-header.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.drduru.com\\\/onetwentytwo\",\"https:\\\/\\\/www.instagram.com\\\/drduru_market_breadth\\\/\",\"https:\\\/\\\/x.com\\\/drduru\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Comeback for LPS Continues Even After Earnings Disappoint - ONE-TWENTY TWO: Trading Financial Markets","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/","og_locale":"en_US","og_type":"article","og_title":"The Comeback for LPS Continues Even After Earnings Disappoint - ONE-TWENTY TWO: Trading Financial Markets","og_description":"(This is an excerpt from an article I originally published on Seeking Alpha on February 26, 2012. Click here to read the entire piece.) When Lender Processing Services (LPS) reported fourth quarter and full 2011 earnings on February 13, the company provided downside guidance on earnings and revenues. When the stock opened 6% lower, it ... Read more","og_url":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/","og_site_name":"ONE-TWENTY TWO: Trading Financial Markets","article_published_time":"2012-02-27T09:07:36+00:00","og_image":[{"url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/02\/120224_LPS.png","type":"","width":"","height":""}],"author":"Dr. Duru","twitter_card":"summary_large_image","twitter_creator":"@drduru","twitter_site":"@drduru","twitter_misc":{"Written by":"Dr. Duru","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/#article","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/"},"author":{"name":"Dr. Duru","@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"headline":"The Comeback for LPS Continues Even After Earnings Disappoint","datePublished":"2012-02-27T09:07:36+00:00","mainEntityOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/"},"wordCount":328,"commentCount":0,"publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/02\/120224_LPS.png","keywords":["foreclosure","Lender Processing Services","LPS","mortgage"],"articleSection":["Earnings","Housing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/","url":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/","name":"The Comeback for LPS Continues Even After Earnings Disappoint - ONE-TWENTY TWO: Trading Financial Markets","isPartOf":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#website"},"primaryImageOfPage":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/#primaryimage"},"image":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/#primaryimage"},"thumbnailUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/02\/120224_LPS.png","datePublished":"2012-02-27T09:07:36+00:00","breadcrumb":{"@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/#primaryimage","url":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/02\/120224_LPS.png","contentUrl":"http:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2012\/02\/120224_LPS.png"},{"@type":"BreadcrumbList","@id":"https:\/\/drduru.com\/onetwentytwo\/2012\/02\/27\/comeback-lps-continues-after-earnings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/drduru.com\/onetwentytwo\/"},{"@type":"ListItem","position":2,"name":"The Comeback for LPS Continues Even After Earnings Disappoint"}]},{"@type":"WebSite","@id":"https:\/\/drduru.com\/onetwentytwo\/#website","url":"https:\/\/drduru.com\/onetwentytwo\/","name":"ONE-TWENTY TWO: Trading Financial Markets","description":"Exploring the poetry in financial markets for students of money and economy since the year 2000.","publisher":{"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/drduru.com\/onetwentytwo\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Person","Organization"],"@id":"https:\/\/drduru.com\/onetwentytwo\/#\/schema\/person\/d9569fde6c701b021a8d958f775be9a0","name":"Dr. Duru","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","url":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","contentUrl":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg","width":900,"height":100,"caption":"Dr. Duru"},"logo":{"@id":"https:\/\/drduru.com\/onetwentytwo\/wp-content\/uploads\/2018\/09\/cropped-masthead-header.jpg"},"sameAs":["http:\/\/www.drduru.com\/onetwentytwo","https:\/\/www.instagram.com\/drduru_market_breadth\/","https:\/\/x.com\/drduru"]}]}},"_links":{"self":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/10157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/comments?post=10157"}],"version-history":[{"count":14,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/10157\/revisions"}],"predecessor-version":[{"id":10193,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/posts\/10157\/revisions\/10193"}],"wp:attachment":[{"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/media?parent=10157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/categories?post=10157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/drduru.com\/onetwentytwo\/wp-json\/wp\/v2\/tags?post=10157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}