Sunday, March 9, 2014

2012 US IPOs: All 93 Companies Up 98% in Only 20 Months.....11 Health Care Stocks Up 245% and 27 Tech Stocks Up 140% Under Obama, Democratic US Senate and the US Fed

With the superb Initial Public Offering (IPO) data available from IPO Scoop, there were 101 US Company IPOs in the year 2012, nearly 6 times the 17 IPOs in 2008, where the Company has its common stock still trading and it also has a Market Capitalization of more than $100 mil presently.

The historical stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.  The superb Yahoo Finance website was also utilized.

Of these 101 US IPOs in 2012, 27 are Technology Companies, 18 are Oil & Gas, 16 are Services, 11 are Health Care, 9 are Other Financial, 8 are REITs and 12 are in Other Sectors.

From a stock market price perspective, the 8 REITs are unlike the Other 93 Companies because in order to keep their tax-exempt status, REITs must distribute each year at least 90% of their taxable income.

The 93 Non-REIT Companies having IPOs in 2012 posted an average stock market price increase of an incredibly off-the-charts 98% in the very short 20 month average period of time through March 7, 2014.

Technology and Health Care Companies drove this stock market price appreciation avalanche.

There was an incredibly huge number of 27 Technology Companies having IPOs in 2012 and they registered an average stock price increase of a monstrous 140% in the very short 20 month average period.  Two what I would call Technology Companies.....Solar City and WageWorks.....both had their stock market prices increase by more than 5 times.  Eight of these 27 Techs had their stock market prices increase by more than 2 times.  And fourteen of these 27 Technology Companies had their stock market prices more than double in this very short period of time through March 7, 2014.

Six Application Software Companies issuing IPOs in 2012 had their average stock prices more than double.

The 11 US Health Care Companies having IPOs in 2012 had their average stock market price increase by an incredibly off-the-charts 245% in the very short 20 month average period through March 7, 2014.  Drug Company Intercept Pharmaceuticals had its stock market price increase by an almost unbelievable 19 times.  And there were 3 Biotechnology Companies which had their stock market prices more than double.  Altogether there were 8 Biotechnology Companies filing IPOs in 2012. 

There were a huge number of 18 2012 IPOs related to US Oil and Gas Companies, with an average stock market price increase of 37% through March7, 2014, led by Diamondback Energy's massive 265% stock market price growth.     

There were 16 US Services Company IPOs in 2012 with an average stock market price increase of 41% through March 7, 2014.  Three of them had their stock prices more than double, including Bloomin Brands, which has the outstanding restaurant chain Outback as part of it.

The 9 Other Financial Companies having IPOs in 2012 had an average stock market price increase of an impressive 57% through March 7, 2014, with all 9 registering stock market price increases.

The 12 Other Sector Companies having IPOs in 2012 had an average stock market price increase of a very impressive 68% through March 7, 2014, with 3 of these Companies having their stock market prices more than double.

In addition to these 101 US IPOs in 2012, there were another 5 US IPOs in 2012 where the Company was acquired subsequently.  Their average stock market price increase for the extremely short period from IPO date to stock sale date was a very healthy 39%, with the lowest increase of the 5 being a respectable 21%.

It should also be pointed out that this exceptional average stock market price growth for all of these 2012 US IPOs as well as the nearly 500% increase in the number of US IPOs over 2008 both occurred when the US Senate was in Democratic Control.

It is pretty clear to me that Obama can now be called the IPO President.

Below here are the stock market prices of these 106 US Companies having IPOs in 2012 on March 7, 2014 or the Company sale date and also on the first day IPO closing market price in 2012, along with the related % Change for this period of time:





1st Day





IPO
2012


3-7-14 Closing
IPO


Market Market %
Date Company Sector Industry Price Price Change








Technology




12/13/12 SolarCity  Technology Semiconductor-Specialized $77.80 $11.79 560%
5/10/12 WageWorks  Technology Management Services $62.02 $9.99 521%
10/10/12 Ambarella  Technology Semiconductor Equip&Materials $31.50 $6.06 420%
10/11/12 Shutterstock  Technology Business Services $93.20 $21.66 330%
3/2/12 Yelp!   Technology Internet Information Providers $97.25 $24.58 296%
3/15/12 Demandware  Technology Application Software $76.27 $23.85 220%
1/25/12 Guidewire Software  Technology Business Software & Services $54.54 $17.12 219%
4/20/12 Proofpoint  Technology Application Software $43.96 $14.05 213%
6/29/12 ServiceNow   Technology Information Technology Services $67.14 $24.60 173%
2/8/12 EPAM Systems  Technology Information Technolgy Services $36.42 $14.00 160%
4/19/12 Splunk  Technology Application Software $88.64 $35.48 150%
10/3/12 LifeLock  Technology Application Software $20.20 $8.36 142%
7/26/12 E2open  Technology Application Software $28.76 $13.60 111%
10/12/12 Workday  Technology Application Software $102.08 $48.69 110%
9/28/12 Qualys  Technology Application Software $27.46 $14.16 94%
5/18/12 Facebook  Technology Internet Information Providers $69.80 $38.23 83%
7/20/12 Palo Alto Networks  Technology Networking&Communication Devices $77.12 $53.13 45%
6/28/12 Exa Corporation  Technology Application Software $14.46 $9.98 45%
9/20/12 Trulia  Technology Internet Service Providers $32.53 $24.00 36%
11/16/12 Ruckus Wireless   Technology Computer Based Systems $15.19 $12.25 24%
3/30/12 Enphase Energy  Technology Semiconductor Equip&Materials $8.52 $7.34 16%
3/15/12 M/A-COM Technology Solutions  Technology Semiconductor-Broad Line $19.39 $20.55 -6%
3/28/12 Vocera Communications  Technology Communication Equipment $16.68 $21.03 -21%
2/17/12 Brightcove  Technology Application Software $10.79 $14.30 -25%
5/10/12 Audience  Technology Semiconductor-Integrated Circuits $12.79 $19.00 -33%
2/24/12 Bazaarvoice  Technology Application Software $8.10 $16.51 -51%
8/8/12 Peregrine Semiconductor  Technology Semiconductor-Integrated Circuits $6.91 $14.71 -53%

Average % Change all 27 Technology


140%








Health Care




10/11/12 Intercept Pharmaceuticals  Healthcare Drug Manufacturers- Major $411.29 $20.40 1916%
7/26/12 Hyperion Therapeutics  Healthcare Biotechnology $28.82 $10.11 185%
10/4/12 Regulus Therapeutics  Healthcare Biotechnology $10.30 $4.20 145%
10/11/12 KYTHERA Biopharmaceuticals  Healthcare Drug Manufacturers- Major $45.02 $19.79 127%
6/28/12 TESARO  Healthcare Biotechnology $30.16 $13.69 120%
2/3/12 Cempra Holdings  Healthcare Biotechnology $11.39 $6.06 88%
5/1/12 Supernus Pharmaceuticals  Healthcare Generic Drugs $9.18 $5.37 71%
7/19/12 Durata Therapeutics  Healthcare Biotechnology $14.15 $9.04 57%
1/27/12 Verastem  Healthcare Biotechnology $14.37 $11.09 30%
3/29/12 Merrimack Pharmaceuticals  Healthcare Biotechnology $5.43 $6.04 -10%
2/8/12 ChemoCentryx  Healthcare Biotechnology $7.12 $11.00 -35%

Average % Change all 11 Health Care


245%








Oil & Gas




10/12/12 Diamondback Energy  Basic Materials Independent Oil & Gas $63.88 $17.50 265%
6/27/12 EQT Midstream Partners, LP  Basic Materials Major Integrated Oil & Gas $65.22 $23.75 175%
2/2/12 Matador Resources  Basic Materials Independent Oil & Gas $23.40 $11.75 99%
7/26/12 Northern Tier Energy  Basic Materials Oil&Gas Refining&Marketing $26.77 $14.16 89%
10/26/12 MPLX LP  Basic Materials Oil & Gas Pipelines $49.32 $27.20 81%
12/7/12 Western Gas Equity Partners, LP  Basic Materials Oil & Gas Pipelines $44.15 $28.00 58%
11/2/12 Delek Logistics Partners, LP  Basic Materials Independent Oil & Gas $33.68 $22.35 51%
10/25/12 Lehigh Gas Partners LP  Basic Materials Oil&Gas Refining&Marketing $26.86 $20.23 33%
4/12/12 MRC Global  Basic Materials Oil&Gas Equipment&Services $26.36 $21.04 25%
4/12/12 Forum Energy Technologies  Basic Materials Oil&Gas Equipment&Services $27.03 $21.75 24%
1/19/12 Renewable Energy Group  Basic Materials Oil & Gas Refining & Marketing $11.48 $10.10 14%
12/13/12 PBF Energy  Basic Materials Oil&Gas Refining&Marketing $26.85 $26.25 2%
10/12/12 Linn Co LLC    Basic Materials Independent Oil & Gas $29.44 $38.26 -23%
11/120 Alon USA Partners, LP  Basic Materials Oil&Gas Refining&Marketing $14.12 $18.40 -23%
5/3/12 Pacific Coast Oil Trust  Basic Materials Independent Oil & Gas $13.40 $20.00 -33%
3/23/12 Whiting USA Trust II  Basic Materials Independent Oil & Gas $13.15 $24.46 -46%
4/18/12 SandRidge Mississippian Trust II  Basic Materials Independent Oil & Gas $8.22 $21.40 -62%
4/20/12 Midstates Petroleum  Basic Materials Independent Oil & Gas $5.13 $15.03 -66%

Average % Change all 18 Oil & Gas


37%








Services




7/24/12 Chuy's Holdings  Services Restaurants $39.64 $15.06 163%
7/25/12 Natural Grocers by Vitamin Cottage   Services Grocery Stores $42.31 $17.86 137%
8/8/12 Bloomin Brands  Services Restaurants $25.27 $12.41 104%
7/27/12 Del Friscos Restaurant Group  Services Restaurants $25.32 $13.00 95%
11/2/12 Restoration Hardware Holdings   Services Home Furnishing Stores $64.66 $33.30 94%
2/8/12 Caesars Entertainment  Services Resorts & Casinos $25.76 $15.39 67%
3/22/12 Vantiv  Services Business Services $31.88 $19.50 63%
9/20/12 Susser Petroleum Partners LP  Services Industrial Equipment Wholesale $36.90 $22.91 61%
7/19/12 Five Below  Services Specialty Retail $38.60 $26.50 46%
4/20/12 Infoblox  Services Business Services $23.24 $21.30 9%
4/19/12 Tumi Holdings  Services Specialty Retail $23.45 $26.50 -12%
5/11/12 Ignite Restaurant Group  Services Restaurants $13.91 $17.13 -19%
8/10/12 Performant Financial  Services Business Services $8.00 $10.60 -25%
5/4/12 Tillys  Services Apparel $11.98 $16.81 -29%
2/8/12 Roundys Parent  Services Grocery Stores $6.21 $9.00 -31%
3/29/12 Millennial Media  Services Marketing Services $6.33 $25.00 -75%

Average % Change all 16 Services


41%








Other Financial




3/8/12 Nationstar Mortgage Holdings  Financial Mortgage Investment $31.55 $14.25 121%
3/28/12 Regional Management  Financial Credit Services $30.38 $16.45 85%
5/3/12 EverBank Financial  Financial Regional Banks $18.60 $10.60 75%
5/3/12 Carlyle Group L.P.  Financial Asset Management $34.54 $22.05 57%
2/10/12 HomeStreet  Financial Savings & loans $18.69 $12.00 56%
10/11/12 Realogy Holdings   Financial Property Management $47.53 $34.20 39%
4/12/12 Oaktree Capital Group  Financial Asset Management $58.60 $42.39 38%
9/20/12 Capital Bank Financial  Financial Regional Banks $24.75 $18.19 36%
9/20/12 National Bank Holdings Financial Regional Banks $20.04 $19.60 2%

Average % Change all 9 Other Financial


57%








Other Sectors




4/11/12 Erickson Air-Crane  Industrial Goods Aerospace/Defense $21.54 $8.00 169%
2/24/12 Proto Labs  Industrial Goods Machine Tools & Accessories $73.87 $29.00 155%
2/1/12 U.S. Silica Holdings  Basic Materials Industrial Metals & Minerals $35.28 $16.00 121%
8/16/12 Hi-Crush Partners LP  Basic Materials Industrial Metals & Minerals $38.88 $20.00 94%
9/28/12 Summit Midstream Partners, LP  Utilities Gas Utilities $40.12 $21.11 90%
10/26/12 WhiteWave Foods (The)  Consumer Goods Food-Major Diversified $29.82 $16.75 78%
10/4/12 Berry Plastics Group   Consumer Goods Rubber & Plastics $24.43 $15.20 61%
3/29/12 Rexnord   Industrial Goods Diversified Machinery $30.82 $20.00 54%
3/15/12 Allison Transmission Holdings  Consumer Goods Auto Parts $29.95 $23.40 28%
3/28/12 Annie’s  Consumer Goods Food-Major Diversified $39.70 $35.92 11%
5/4/12 PetroLogistics LP  Basic Materials Chemicals-Major Diversified $12.52 $16.50 -24%
11/2/12 Southcross Energy Partners, L.P  Utilities Gas Utilities $16.62 $22.35 -26%

Average % Change all 12 Other Sectors


68%








Average % Change all 93 Non-REIT Companies

98%








REITs




4/5/12 Retail Properties of America  Financial REIT-Retail $13.82 $8.75 58%
3/7/12 Select Income REIT  Financial REIT-Diversified $29.53 $21.74 36%
9/20/12 Spirit Realty Capital  Financial REIT-Diversified $10.69 $7.87 36%
7/27/12 AmREIT  Financial REIT-Retail $17.41 $14.02 24%
12/14/12 Silver Bay Realty Trust  Financial REIT-Residential $15.91 $18.24 -13%
5/10/12 Western Asset Management Capital  Financial REIT-Mortgage Investment $15.88 $18.80 -16%
4/26/12 Ares Commercial Real Estate  Financial REIT-Diversified $13.63 $18.00 -24%
10/3/12 JAVELIN Mortgage Investment  Financial REIT-Mortgage Investment $14.03 $19.60 -28%

Average % Change all 8 REITs



9%








Companies Acquired




2/9/12 FX Alliance  Financial Services Foreign Exchange Trading $22.05 $13.74 60%
2/2/12 Greenway Medical Technologies  Healthcare Information Technology $20.00 $13.00 54%
3/22/12 ExactTarget   Technology Application Software $33.75 $25.11 34%
4/27/12 Edgen Group  Services Wholesaler $12.00 $9.50 26%
7/20/12 KAYAK Software  Technology Application Software $40.00 $33.18 21%

Average % Change all 5



39%