Interxion (INXN) Reaches New 12-Month High and Low at $64.28

Interxion (NYSE:INXN) hit a new 52-week high and low during trading on Monday . The stock traded as low as $64.28 and last traded at $64.30, with a volume of 181496 shares. The stock had previously closed at $63.07.

Several brokerages have recently commented on INXN. William Blair reiterated an “outperform” rating on shares of Interxion in a research report on Wednesday, March 21st. Barclays lifted their price target on shares of Interxion from $70.00 to $72.00 and gave the stock an “overweight” rating in a research report on Thursday, March 8th. Raymond James Financial reiterated an “outperform” rating and set a $72.00 price target (up previously from $65.00) on shares of Interxion in a research report on Thursday, March 8th. SunTrust Banks lifted their price target on shares of Interxion to $76.00 and gave the stock a “buy” rating in a research report on Thursday, March 8th. Finally, TheStreet upgraded shares of Interxion from a “c+” rating to a “b” rating in a research report on Monday, April 9th. Two research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $65.45.

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The company has a market capitalization of $4,498.59, a price-to-earnings ratio of 91.41, a P/E/G ratio of 5.17 and a beta of 0.68. The company has a current ratio of 0.63, a quick ratio of 0.72 and a debt-to-equity ratio of 1.21.

Interxion (NYSE:INXN) last released its quarterly earnings data on Wednesday, March 7th. The technology company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. Interxion had a net margin of 8.61% and a return on equity of 7.55%. The business had revenue of $129.90 million for the quarter, compared to analyst estimates of $127.51 million. During the same quarter last year, the firm earned $0.14 EPS. Interxion’s quarterly revenue was up 17.6% compared to the same quarter last year. equities analysts anticipate that Interxion will post 0.86 earnings per share for the current year.

A number of institutional investors have recently added to or reduced their stakes in INXN. Financial Gravity Companies Inc. bought a new position in Interxion during the 4th quarter worth approximately $140,000. LPL Financial LLC bought a new position in Interxion during the 4th quarter worth approximately $216,000. AXA bought a new position in Interxion during the 4th quarter worth approximately $241,000. Vident Investment Advisory LLC bought a new position in Interxion during the 3rd quarter worth approximately $250,000. Finally, Keybank National Association OH bought a new position in Interxion during the 4th quarter worth approximately $257,000. 91.50% of the stock is currently owned by institutional investors and hedge funds.

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Interxion Company Profile

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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