News coverage about InnerWorkings (NASDAQ:INWK) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. InnerWorkings earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 45.8649141169566 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts have recently weighed in on the company. Zacks Investment Research lowered InnerWorkings from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Wunderlich restated a “buy” rating and set a $15.00 price target on shares of InnerWorkings in a research note on Friday, June 30th. Finally, Barrington Research boosted their price target on InnerWorkings from $12.00 to $13.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 10th.
InnerWorkings (NASDAQ INWK) traded up 0.94% during midday trading on Wednesday, hitting $11.81. The company had a trading volume of 137,294 shares. InnerWorkings has a 12 month low of $8.07 and a 12 month high of $11.94. The company has a market cap of $627.34 million, a price-to-earnings ratio of 51.80 and a beta of 1.59. The firm has a 50-day moving average price of $11.16 and a 200-day moving average price of $10.32.
InnerWorkings (NASDAQ:INWK) last posted its quarterly earnings results on Monday, May 8th. The business services provider reported $0.08 EPS for the quarter, meeting the consensus estimate of $0.08. The business had revenue of $267.40 million during the quarter, compared to analysts’ expectations of $277.43 million. InnerWorkings had a return on equity of 8.72% and a net margin of 1.15%. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period last year, the firm earned $0.06 EPS. Equities analysts anticipate that InnerWorkings will post $0.49 EPS for the current year.
InnerWorkings Company Profile
InnerWorkings, Inc is a marketing execution company. The Company’s software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities of its supplier network, as well as detailed pricing data. The Company’s segments include North America and International.
Receive News & Ratings for InnerWorkings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InnerWorkings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.