Equities research analysts expect InterXion Holding NV (NYSE:INXN) to report $0.18 earnings per share for the current quarter, according to Zacks. Six analysts have made estimates for InterXion’s earnings, with the highest EPS estimate coming in at $0.21 and the lowest estimate coming in at $0.14. InterXion reported earnings per share of $0.20 during the same quarter last year, which suggests a negative year over year growth rate of 10%. The business is scheduled to issue its next quarterly earnings results on Wednesday, March 6th.
According to Zacks, analysts expect that InterXion will report full year earnings of $0.70 per share for the current financial year, with EPS estimates ranging from $0.67 to $0.73. For the next year, analysts expect that the company will post earnings of $0.86 per share, with EPS estimates ranging from $0.75 to $1.00. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for InterXion.
InterXion (NYSE:INXN) last released its quarterly earnings results on Thursday, November 1st. The technology company reported $0.19 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.19. The firm had revenue of $142.20 million for the quarter, compared to the consensus estimate of $141.79 million. InterXion had a return on equity of 7.29% and a net margin of 6.27%. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period last year, the business posted $0.15 EPS.
Several equities analysts recently weighed in on INXN shares. Stifel Nicolaus set a $74.00 target price on InterXion and gave the company a “buy” rating in a research report on Thursday, August 2nd. Citigroup lowered their target price on InterXion from $75.00 to $73.00 and set a “buy” rating on the stock in a research report on Thursday, November 1st. Wells Fargo & Co lowered their target price on InterXion from $72.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday, November 2nd. Zacks Investment Research upgraded InterXion from a “sell” rating to a “hold” rating in a research report on Tuesday, August 7th. Finally, Berenberg Bank started coverage on InterXion in a research report on Thursday, September 20th. They set a “buy” rating and a $93.00 target price on the stock. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $73.73.
Shares of INXN stock traded up $1.85 on Wednesday, reaching $61.79. The stock had a trading volume of 718,112 shares, compared to its average volume of 489,801. The company has a market cap of $4.25 billion, a P/E ratio of 89.57, a price-to-earnings-growth ratio of 5.90 and a beta of 0.86. InterXion has a 1 year low of $54.35 and a 1 year high of $68.95. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.89 and a quick ratio of 1.89.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kovack Advisors Inc. bought a new stake in InterXion during the second quarter valued at about $253,000. WINTON GROUP Ltd bought a new stake in InterXion during the first quarter valued at about $254,000. Laurel Grove Capital LLC bought a new stake in InterXion during the third quarter valued at about $370,000. Fox Run Management L.L.C. raised its holdings in InterXion by 37.0% during the second quarter. Fox Run Management L.L.C. now owns 5,526 shares of the technology company’s stock valued at $345,000 after acquiring an additional 1,491 shares during the period. Finally, D.B. Root & Company LLC bought a new stake in InterXion during the third quarter valued at about $388,000. Institutional investors own 89.16% 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, 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.
See Also: Return on Investment (ROI)
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