Equities analysts predict that InterXion Holding N.V. (NYSE:INXN) will announce $144.74 million in sales for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for InterXion Holding N.V.’s earnings. The highest sales estimate is $146.21 million and the lowest is $143.53 million. InterXion Holding N.V. reported sales of $117.47 million during the same quarter last year, which would indicate a positive year over year growth rate of 23.2%. The company is expected to issue its next earnings results on Wednesday, November 1st.
According to Zacks, analysts expect that InterXion Holding N.V. will report full-year sales of $144.74 million for the current financial year, with estimates ranging from $567.51 million to $573.43 million. For the next financial year, analysts expect that the firm will report sales of $632.69 million per share, with estimates ranging from $627.67 million to $643.30 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that cover InterXion Holding N.V..
InterXion Holding N.V. (NYSE:INXN) last posted its quarterly earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. InterXion Holding N.V. had a net margin of 9.25% and a return on equity of 6.85%. The business had revenue of $120.80 million during the quarter, compared to the consensus estimate of $117.13 million. During the same quarter last year, the company posted $0.13 EPS. The firm’s revenue was up 16.2% on a year-over-year basis.
INXN has been the topic of several research reports. Cowen and Company upgraded InterXion Holding N.V. from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $45.00 to $54.00 in a research note on Wednesday, August 2nd. Zacks Investment Research lowered InterXion Holding N.V. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. Barclays PLC boosted their target price on InterXion Holding N.V. from $45.00 to $56.00 and gave the company an “overweight” rating in a research note on Monday, August 7th. ValuEngine upgraded InterXion Holding N.V. from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Stifel Nicolaus restated a “buy” rating and issued a $55.00 target price (up from $49.00) on shares of InterXion Holding N.V. in a research note on Thursday, August 3rd. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. InterXion Holding N.V. currently has a consensus rating of “Buy” and an average price target of $52.50.
Shares of InterXion Holding N.V. (INXN) opened at 51.85 on Friday. InterXion Holding N.V. has a 1-year low of $32.21 and a 1-year high of $51.86. The company has a market cap of $3.57 billion, a PE ratio of 75.47 and a beta of 0.63. The company has a 50-day moving average price of $48.57 and a 200-day moving average price of $43.59.
Institutional investors have recently made changes to their positions in the stock. Franklin Resources Inc. bought a new position in shares of InterXion Holding N.V. during the second quarter valued at $72,151,000. Frontier Capital Management Co. LLC bought a new position in shares of InterXion Holding N.V. during the second quarter valued at $54,874,000. Janus Henderson Group PLC bought a new position in shares of InterXion Holding N.V. during the second quarter valued at $35,699,000. Great West Life Assurance Co. Can bought a new position in shares of InterXion Holding N.V. during the second quarter valued at $30,614,000. Finally, Soros Fund Management LLC bought a new position in shares of InterXion Holding N.V. during the first quarter valued at $13,846,000. Institutional investors own 88.38% of the company’s stock.
About InterXion Holding N.V.
InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company operates through two segments: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its operations in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland.
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