Wall Street brokerages predict that InterXion Holding N.V. (NYSE:INXN) will report earnings of $0.20 per share for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for InterXion Holding N.V.’s earnings. The highest EPS estimate is $0.22 and the lowest is $0.17. InterXion Holding N.V. reported earnings of $0.13 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 53.8%. The business is scheduled to report its next quarterly earnings report on Wednesday, November 1st.
According to Zacks, analysts expect that InterXion Holding N.V. will report full year earnings of $0.74 per share for the current financial year, with EPS estimates ranging from $0.69 to $0.77. For the next financial year, analysts expect that the firm will post earnings of $0.83 per share, with EPS estimates ranging from $0.66 to $0.95. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that follow InterXion Holding N.V..
InterXion Holding N.V. (NYSE:INXN) last posted its earnings results on Wednesday, August 2nd. The technology company reported $0.16 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.01). The company had revenue of $120.80 million for the quarter, compared to analysts’ expectations of $117.13 million. InterXion Holding N.V. had a net margin of 9.25% and a return on equity of 6.85%. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 EPS.
Several analysts recently issued reports on INXN shares. Zacks Investment Research downgraded InterXion Holding N.V. from a “buy” rating to a “hold” rating in a research note on Friday, August 4th. Stifel Nicolaus reissued a “buy” rating and set a $55.00 target price on shares of InterXion Holding N.V. in a research note on Thursday, September 14th. ValuEngine raised InterXion Holding N.V. from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Oppenheimer Holdings, Inc. lifted their target price on InterXion Holding N.V. from $48.00 to $55.00 and gave the company an “outperform” rating in a research note on Thursday, August 3rd. Finally, Citigroup Inc. lifted their target price on InterXion Holding N.V. from $44.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, June 6th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $52.50.
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Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SpiderRock Advisors LLC grew its holdings in InterXion Holding N.V. by 259.2% during the 2nd quarter. SpiderRock Advisors LLC now owns 2,687 shares of the technology company’s stock valued at $123,000 after buying an additional 1,939 shares in the last quarter. Oppenheimer Asset Management Inc. purchased a new position in InterXion Holding N.V. during the 1st quarter valued at approximately $110,000. BNP Paribas Arbitrage SA grew its holdings in InterXion Holding N.V. by 6.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 3,950 shares of the technology company’s stock valued at $156,000 after buying an additional 250 shares in the last quarter. FineMark National Bank & Trust purchased a new position in InterXion Holding N.V. during the 2nd quarter valued at approximately $206,000. Finally, Stifel Financial Corp purchased a new position in InterXion Holding N.V. during the 2nd quarter valued at approximately $227,000. Institutional investors and hedge funds own 88.37% of the company’s stock.
InterXion Holding N.V. (NYSE:INXN) traded down 1.44% on Friday, reaching $50.03. The company’s stock had a trading volume of 189,479 shares. InterXion Holding N.V. has a one year low of $32.21 and a one year high of $52.15. The stock has a 50-day moving average of $50.04 and a 200-day moving average of $44.73. The stock has a market cap of $3.45 billion, a P/E ratio of 71.27 and a beta of 0.63.
InterXion Holding N.V. Company Profile
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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