Interxion (NYSE:INXN) has been assigned an average rating of “Buy” from the fifteen brokerages that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation, eleven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $66.89.
Several research firms have commented on INXN. William Blair restated an “outperform” rating on shares of Interxion in a report on Wednesday, March 21st. Barclays raised their price objective on Interxion from $70.00 to $72.00 and gave the stock an “overweight” rating in a report on Thursday, March 8th. Raymond James Financial restated an “outperform” rating and set a $72.00 price objective (up from $65.00) on shares of Interxion in a report on Thursday, March 8th. SunTrust Banks raised their price objective on Interxion to $76.00 and gave the stock a “buy” rating in a report on Thursday, March 8th. Finally, TheStreet upgraded Interxion from a “c+” rating to a “b” rating in a report on Monday, April 9th.
Institutional investors have recently bought and sold shares of the company. American Century Companies Inc. acquired a new stake in Interxion during the 4th quarter worth about $50,818,000. Wasatch Advisors Inc. lifted its position in Interxion by 87.1% during the 4th quarter. Wasatch Advisors Inc. now owns 1,195,723 shares of the technology company’s stock worth $70,464,000 after acquiring an additional 556,574 shares during the period. Deutsche Bank AG lifted its position in Interxion by 8.7% during the 4th quarter. Deutsche Bank AG now owns 2,213,551 shares of the technology company’s stock worth $130,440,000 after acquiring an additional 176,498 shares during the period. Frontier Capital Management Co. LLC lifted its position in Interxion by 12.8% during the 4th quarter. Frontier Capital Management Co. LLC now owns 1,551,412 shares of the technology company’s stock worth $91,425,000 after acquiring an additional 176,444 shares during the period. Finally, AO Asset Management LP acquired a new stake in Interxion during the 4th quarter worth about $9,582,000. 91.50% of the stock is owned by hedge funds and other institutional investors.
INXN traded down $0.18 during trading on Thursday, hitting $64.36. 111,387 shares of the stock were exchanged, compared to its average volume of 545,444. The company has a market capitalization of $4,498.59, a P/E ratio of 93.54, a PEG ratio of 5.17 and a beta of 0.68. Interxion has a 1 year low of $39.65 and a 1 year high of $65.28. The company has a quick ratio of 0.72, a current ratio of 0.63 and a debt-to-equity ratio of 1.21.
Interxion (NYSE:INXN) last released its quarterly earnings data on Wednesday, March 7th. The technology company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The company had revenue of $129.90 million for the quarter, compared to the consensus estimate of $127.51 million. Interxion had a return on equity of 7.55% and a net margin of 8.61%. Interxion’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the business posted $0.14 EPS. equities analysts anticipate that Interxion will post 0.86 earnings per share for the current year.
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Interxion Company Profile
InterXion Holding N.V. provides carrier and cloud neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, and the rest of Europe. The company enables its customers to connect to a range of telecommunications carriers, Internet service providers, and other customers.
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