Interactive Intelligence Group (NASDAQ:ININ)‘s stock had its “hold” rating reaffirmed by stock analysts at Wedbush in a report issued on Monday, Stock Ratings Network reports. They currently have a $66.00 price objective on the stock. Wedbush’s target price would suggest a potential upside of 0.98% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Northland Securities raised their price target on shares of Interactive Intelligence Group to $63.00 in a research note to investors on Monday. Separately, analysts at Zacks upgraded shares of Interactive Intelligence Group from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, August 7th. They now have a $68.30 price target on the stock. Finally, analysts at Roth Capital raised their price target on shares of Interactive Intelligence Group from $46.00 to $70.00 in a research note to investors on Tuesday, August 6th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $67.41.
Shares of Interactive Intelligence Group (NASDAQ:ININ) traded up 1.21% on Monday, hitting $66.15. The stock had a trading volume of 3,732 shares. Interactive Intelligence Group has a 52 week low of $28.52 and a 52 week high of $66.94. The stock has a 50-day moving average of $61.4 and a 200-day moving average of $53.47. The company has a market cap of $1.325 billion and a P/E ratio of 223.84.
Interactive Intelligence Group (NASDAQ:ININ) last posted its quarterly earnings results on Monday, August 5th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.12. The company had revenue of $76.20 million for the quarter, compared to the consensus estimate of $69.98 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was up 39.1% on a year-over-year basis. On average, analysts predict that Interactive Intelligence Group will post $0.47 earnings per share for the current fiscal year.
Interactive Intelligence Group, Inc (NASDAQ:ININ), formerly Interactive Intelligence, Inc, is a holding company.
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