Intapp (NASDAQ:INTA) Issues FY25 Earnings Guidance

Intapp (NASDAQ:INTA) issued an update on its FY25 earnings guidance on Monday morning. The company provided EPS guidance of $0.73-0.77 for the period, compared to the consensus EPS estimate of $0.62. The company issued revenue guidance of $495.5-499.5 million, compared to the consensus revenue estimate of $495.78 million. Intapp also updated its FY 2025 guidance to 0.730-0.770 EPS.

Intapp Price Performance

Shares of INTA traded up $0.30 during mid-day trading on Thursday, reaching $59.06. 405,251 shares of the company’s stock traded hands, compared to its average volume of 646,776. The stock’s 50-day moving average is $48.01 and its two-hundred day moving average is $40.06. Intapp has a 12 month low of $30.36 and a 12 month high of $59.43. The stock has a market cap of $4.55 billion, a P/E ratio of -201.59 and a beta of 0.64.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.13 by $0.08. The company had revenue of $118.81 million for the quarter, compared to the consensus estimate of $117.88 million. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.15%. The firm’s revenue was up 17.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.20) EPS. Research analysts predict that Intapp will post -0.15 earnings per share for the current year.

Analysts Set New Price Targets

INTA has been the topic of several research analyst reports. Bank of America dropped their price objective on Intapp from $52.00 to $48.00 and set a “buy” rating on the stock in a research note on Wednesday, August 14th. Raymond James upped their price objective on shares of Intapp from $46.00 to $55.00 and gave the stock an “outperform” rating in a research note on Tuesday. JPMorgan Chase & Co. raised their target price on shares of Intapp from $52.00 to $58.00 and gave the company an “overweight” rating in a research report on Tuesday. Citigroup increased their price objective on shares of Intapp from $52.00 to $63.00 and gave the company a “buy” rating in a research note on Wednesday, September 25th. Finally, Truist Financial reissued a “buy” rating and issued a $55.00 price objective (up previously from $47.00) on shares of Intapp in a research note on Tuesday. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $53.55.

Insider Activity

In related news, insider Michele Murgel sold 1,252 shares of the company’s stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $50.00, for a total transaction of $62,600.00. Following the transaction, the insider now directly owns 152,702 shares of the company’s stock, valued at $7,635,100. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. In other Intapp news, insider Thad Jampol sold 31,666 shares of Intapp stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $49.09, for a total transaction of $1,554,483.94. Following the completion of the sale, the insider now owns 772,412 shares of the company’s stock, valued at approximately $37,917,705.08. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Michele Murgel sold 1,252 shares of the stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $50.00, for a total value of $62,600.00. Following the completion of the transaction, the insider now directly owns 152,702 shares in the company, valued at $7,635,100. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 151,239 shares of company stock worth $7,360,981. Insiders own 13.02% of the company’s stock.

Intapp Company Profile

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.