Analysts forecast that InterXion Holding NV (NYSE:INXN) will post $0.21 earnings per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for InterXion’s earnings, with the highest EPS estimate coming in at $0.23 and the lowest estimate coming in at $0.20. InterXion reported earnings of $0.16 per share during the same quarter last year, which indicates a positive year over year growth rate of 31.3%. The business is expected to announce its next earnings results on Wednesday, August 1st.
According to Zacks, analysts expect that InterXion will report full year earnings of $0.87 per share for the current fiscal year, with EPS estimates ranging from $0.76 to $0.96. For the next financial year, analysts expect that the company will report earnings of $1.01 per share, with EPS estimates ranging from $0.80 to $1.20. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow InterXion.
InterXion (NYSE:INXN) last posted its quarterly earnings results on Thursday, May 3rd. The technology company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The company had revenue of $133.80 million during the quarter, compared to analysts’ expectations of $133.00 million. InterXion had a return on equity of 7.62% and a net margin of 8.46%. InterXion’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.15 EPS.
Several equities analysts have recently issued reports on the company. Barclays lifted their price target on InterXion from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, March 8th. TheStreet downgraded InterXion from a “b-” rating to a “c+” rating in a report on Thursday, March 1st. Citigroup lifted their price objective on InterXion from $68.00 to $75.00 and gave the stock a “buy” rating in a report on Friday, May 4th. William Blair reiterated an “outperform” rating on shares of InterXion in a report on Wednesday, March 7th. Finally, Zacks Investment Research upgraded InterXion from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a report on Tuesday, March 13th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. InterXion currently has a consensus rating of “Buy” and a consensus price target of $68.45.
InterXion opened at $62.35 on Tuesday, according to MarketBeat. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $4.59 billion, a PE ratio of 90.36, a P/E/G ratio of 5.24 and a beta of 0.64. InterXion has a 1 year low of $44.03 and a 1 year high of $67.19.
Institutional investors have recently added to or reduced their stakes in the business. Financial Gravity Companies Inc. bought a new stake in shares of InterXion during the 4th quarter valued at about $140,000. Harvest Fund Management Co. Ltd bought a new stake in shares of InterXion during the 1st quarter valued at about $149,000. Financial Gravity Wealth Inc. bought a new stake in shares of InterXion during the 1st quarter valued at about $173,000. LPL Financial LLC bought a new stake in shares of InterXion during the 4th quarter valued at about $216,000. Finally, WINTON GROUP Ltd bought a new stake in shares of InterXion during the 1st quarter valued at about $254,000. Institutional investors and hedge funds own 86.44% of the company’s stock.
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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