Analysts forecast that InterXion Holding NV (NYSE:INXN) will announce earnings per share (EPS) of $0.21 for the current quarter, according to Zacks. Five analysts have issued estimates for InterXion’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.23. InterXion reported earnings of $0.16 per share during the same quarter last year, which would indicate a positive year over year growth rate of 31.3%. The business is expected to announce its next quarterly earnings results on Wednesday, August 1st.
According to Zacks, analysts expect that InterXion will report full year earnings of $0.87 per share for the current financial year, with EPS estimates ranging from $0.76 to $0.96. For the next financial year, analysts expect that the company will report earnings of $1.01 per share, with EPS estimates ranging from $0.80 to $1.20. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for InterXion.
InterXion (NYSE:INXN) last released its quarterly earnings data on Thursday, May 3rd. The technology company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). InterXion had a return on equity of 7.62% and a net margin of 8.46%. The firm had revenue of $133.80 million during the quarter, compared to analyst estimates of $133.00 million. During the same quarter in the prior year, the company posted $0.15 EPS. The company’s quarterly revenue was up 17.5% on a year-over-year basis.
INXN has been the topic of a number of research reports. TheStreet downgraded InterXion from a “b-” rating to a “c+” rating in a report on Thursday, March 1st. Wells Fargo & Co reaffirmed an “outperform” rating and set a $68.00 target price (up previously from $65.00) on shares of InterXion in a research report on Thursday, March 8th. Raymond James reaffirmed an “outperform” rating and set a $72.00 target price (up previously from $65.00) on shares of InterXion in a research report on Thursday, March 8th. Barclays upped their target price on InterXion from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, March 8th. Finally, SunTrust Banks upped their target price on InterXion to $76.00 and gave the stock a “buy” rating in a research report on Thursday, March 8th. One analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $68.45.
Institutional investors have recently made changes to their positions in the business. Financial Gravity Companies Inc. bought a new stake in shares of InterXion in the fourth quarter valued at approximately $140,000. Harvest Fund Management Co. Ltd bought a new stake in shares of InterXion in the first quarter valued at approximately $149,000. Financial Gravity Wealth Inc. bought a new stake in shares of InterXion in the first quarter valued at approximately $173,000. Summit Trail Advisors LLC boosted its position in shares of InterXion by 5,599.8% in the first quarter. Summit Trail Advisors LLC now owns 179,373 shares of the technology company’s stock valued at $179,000 after acquiring an additional 176,226 shares during the period. Finally, LPL Financial LLC bought a new stake in shares of InterXion in the fourth quarter valued at approximately $216,000. 86.43% of the stock is owned by hedge funds and other institutional investors.
InterXion traded down $0.97, reaching $65.33, during mid-day trading on Friday, MarketBeat.com reports. The stock had a trading volume of 475,300 shares, compared to its average volume of 525,526. InterXion has a fifty-two week low of $43.51 and a fifty-two week high of $67.19. The company has a market capitalization of $4.65 billion, a P/E ratio of 94.99, a P/E/G ratio of 5.22 and a beta of 0.64. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.58 and a current ratio of 0.58.
InterXion Holding N.V. provides carrier and cloud neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, and the rest of Europe. The company enables its customers to connect to a range of telecommunications carriers, Internet service providers, and other customers.
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