InterXion Holding NV (NYSE:INXN) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $67.27 and last traded at $66.46, with a volume of 9507 shares trading hands. The stock had previously closed at $67.23.
INXN has been the topic of several research analyst reports. Stifel Nicolaus set a $74.00 price target on InterXion and gave the company a “buy” rating in a research report on Thursday, August 2nd. TheStreet downgraded InterXion from a “b-” rating to a “c” rating in a research report on Thursday, August 23rd. Finally, Zacks Investment Research raised InterXion from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. One equities research analyst has rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $71.80.
The stock has a market capitalization of $4.60 billion, a price-to-earnings ratio of 97.04, a PEG ratio of 6.15 and a beta of 0.65. The company has a debt-to-equity ratio of 1.76, a current ratio of 1.37 and a quick ratio of 1.37.
InterXion (NYSE:INXN) last released its earnings results on Thursday, August 2nd. The technology company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). InterXion had a return on equity of 7.27% and a net margin of 6.32%. The firm had revenue of $138.80 million for the quarter, compared to analyst estimates of $138.27 million. During the same period last year, the business earned $0.14 earnings per share. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. equities research analysts anticipate that InterXion Holding NV will post 0.74 EPS for the current fiscal year.
A number of hedge funds have recently added to or reduced their stakes in the stock. Franklin Resources Inc. grew its position in InterXion by 100.2% during the first quarter. Franklin Resources Inc. now owns 4,203,534 shares of the technology company’s stock worth $261,084,000 after buying an additional 2,104,104 shares in the last quarter. American Century Companies Inc. boosted its holdings in InterXion by 8.0% during the second quarter. American Century Companies Inc. now owns 3,194,356 shares of the technology company’s stock valued at $199,392,000 after purchasing an additional 235,414 shares in the last quarter. Rivulet Capital LLC boosted its holdings in InterXion by 0.6% during the first quarter. Rivulet Capital LLC now owns 1,746,274 shares of the technology company’s stock valued at $108,461,000 after purchasing an additional 11,200 shares in the last quarter. BlackRock Inc. boosted its holdings in InterXion by 11.6% during the second quarter. BlackRock Inc. now owns 1,683,109 shares of the technology company’s stock valued at $105,060,000 after purchasing an additional 175,543 shares in the last quarter. Finally, Frontier Capital Management Co. LLC boosted its holdings in InterXion by 0.5% during the second quarter. Frontier Capital Management Co. LLC now owns 1,593,498 shares of the technology company’s stock valued at $99,466,000 after purchasing an additional 8,238 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.
InterXion Company Profile (NYSE:INXN)
InterXion Holding N.V. provides carrier and cloud-neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, Austria, Belgium, Denmark, Ireland, Spain, Sweden, and Switzerland. The company enables its customers to connect to a range of telecommunications carriers, Internet service providers, and other customers.
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