Interxion (NYSE:INXN)’s share price reached a new 52-week high and low during trading on Monday . The stock traded as low as $65.75 and last traded at $64.94, with a volume of 436603 shares traded. The stock had previously closed at $65.58.
Several equities analysts have commented on the stock. TheStreet upgraded shares of Interxion from a “c+” rating to a “b” rating in a research note on Monday, April 9th. William Blair restated an “outperform” rating on shares of Interxion in a research note on Wednesday, March 21st. Zacks Investment Research downgraded shares of Interxion from a “buy” rating to a “hold” rating in a research note on Wednesday, March 14th. Guggenheim set a $69.00 price target on shares of Interxion and gave the stock a “buy” rating in a research note on Thursday, March 8th. Finally, Royal Bank of Canada reaffirmed a “buy” rating on shares of Interxion in a research report on Friday, March 9th. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. Interxion presently has a consensus rating of “Buy” and an average target price of $65.45.
The stock has a market capitalization of $4,677.63, a PE ratio of 94.29, a price-to-earnings-growth ratio of 5.09 and a beta of 0.68. The company has a current ratio of 0.63, a quick ratio of 0.72 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 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.20. The business had revenue of $129.90 million during the quarter, compared to analysts’ expectations of $127.51 million. Interxion had a net margin of 8.61% and a return on equity of 7.55%. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.14 EPS. analysts predict that Interxion will post 0.91 EPS for the current year.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Gravity Companies Inc. purchased a new stake in Interxion in the fourth quarter valued at $140,000. LPL Financial LLC purchased a new stake in Interxion in the fourth quarter valued at $216,000. AXA purchased a new stake in Interxion in the fourth quarter valued at $241,000. Keybank National Association OH purchased a new stake in Interxion in the fourth quarter valued at $257,000. Finally, JPMorgan Chase & Co. lifted its position in Interxion by 87.1% in the third quarter. JPMorgan Chase & Co. now owns 5,340 shares of the technology company’s stock valued at $266,000 after acquiring an additional 2,486 shares during the last quarter. 91.51% of the stock is owned by hedge funds and other institutional investors.
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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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