Analysts expect InterXion Holding NV (NYSE:INXN) to report sales of $168.86 million for the current quarter, Zacks Investment Research reports. Six analysts have issued estimates for InterXion’s earnings, with estimates ranging from $167.47 million to $172.28 million. InterXion reported sales of $152.95 million in the same quarter last year, which indicates a positive year over year growth rate of 10.4%. The company is expected to report its next earnings report on Wednesday, March 6th.
According to Zacks, analysts expect that InterXion will report full-year sales of $641.62 million for the current year, with estimates ranging from $640.45 million to $644.14 million. For the next financial year, analysts expect that the firm will report sales of $740.21 million, with estimates ranging from $732.37 million to $748.41 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow InterXion.
InterXion (NYSE:INXN) last posted its earnings results on Thursday, November 1st. The technology company reported $0.19 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.19. InterXion had a return on equity of 7.29% and a net margin of 6.27%. The company had revenue of $142.20 million for the quarter, compared to the consensus estimate of $141.79 million. During the same period in the previous year, the business earned $0.15 earnings per share. InterXion’s quarterly revenue was up 14.1% compared to the same quarter last year.
INXN has been the subject of a number of analyst reports. Stifel Nicolaus set a $72.00 price target on InterXion and gave the stock a “buy” rating in a report on Tuesday, July 17th. Zacks Investment Research raised InterXion from a “sell” rating to a “hold” rating in a report on Tuesday, August 7th. TheStreet lowered InterXion from a “b-” rating to a “c” rating in a research note on Thursday, August 23rd. Berenberg Bank started coverage on InterXion in a research note on Thursday, September 20th. They issued a “buy” rating and a $93.00 target price for the company. Finally, Citigroup dropped their target price on InterXion from $75.00 to $73.00 and set a “buy” rating for the company in a research note on Thursday, November 1st. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $73.73.
Shares of NYSE INXN traded down $1.03 during trading on Friday, reaching $61.09. The company had a trading volume of 467,200 shares, compared to its average volume of 490,148. InterXion has a twelve month low of $54.35 and a twelve month high of $68.95. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of 88.54, a price-to-earnings-growth ratio of 6.03 and a beta of 0.86. The company has a quick ratio of 1.89, a current ratio of 1.89 and a debt-to-equity ratio of 2.04.
A number of institutional investors have recently added to or reduced their stakes in INXN. Kovack Advisors Inc. acquired a new position in InterXion in the second quarter valued at $253,000. WINTON GROUP Ltd acquired a new position in InterXion in the first quarter valued at $254,000. DekaBank Deutsche Girozentrale acquired a new stake in InterXion during the third quarter worth about $326,000. Fox Run Management L.L.C. increased its stake 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 worth $345,000 after acquiring an additional 1,491 shares during the last quarter. Finally, Laurel Grove Capital LLC acquired a new stake in InterXion during the third quarter worth about $370,000. Hedge funds and other 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.
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