NEW YORK (TheStreet) -- WebMD (WBMD) shares are up 19.5% to $44.92 in trading on Monday.
The jump follows the online health information provider's increased first quarter and full year financial guidance.
The company expects its updated 2014 first quarter revenue guidance to land in the top half of the $130 million to $133 million range of its previous guidance. Analysts' consensus target for the quarter is $132.5 million.
"The update to our guidance that we are providing today reflects recent improvements in our sales activity compared to our experience in the early weeks of 2014," said CEO David Schlanger.
The company's website saw a first quarter year over year 32% increase to 174 million unique users per month, an increase in conjunction with a 26% increase to 3.5 billion page views during the same period.
TheStreet Ratings team rates WEBMD HEALTH CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate WEBMD HEALTH CORP (WBMD) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and generally higher debt management risk."