Share on StockTwits
 

Interactive Intelligence Group (NASDAQ:ININ) set a new 52-week high during trading on Wednesday, ARN reports. The stock traded as high as $72.81 and last traded at $72.32, with a volume of 64,210 shares. The stock had previously closed at $70.50.

A number of analysts have recently weighed in on ININ shares. Analysts at Northland Capital Partners raised their price target on shares of Interactive Intelligence Group from $78.00 to $89.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks downgraded shares of Interactive Intelligence Group from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $71.30 price target on the stock. Finally, analysts at Zacks upgraded shares of Interactive Intelligence Group from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, November 11th. They now have a $69.30 price target on the stock. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Interactive Intelligence Group currently has a consensus rating of “Buy” and an average target price of $74.29.

Interactive Intelligence Group has a 52 week low of $39.30 and a 52 week high of $72.81. The stock has a 50-day moving average of $66.16 and a 200-day moving average of $62.33. The company has a market cap of $1.457 billion and a P/E ratio of 184.07.

Interactive Intelligence Group (NASDAQ:ININ) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.18. The company had revenue of $77.90 million for the quarter, compared to the consensus estimate of $73.22 million. During the same quarter in the prior year, the company posted $0.10 earnings per share. The company’s quarterly revenue was up 31.4% on a year-over-year basis. On average, analysts predict that Interactive Intelligence Group will post $0.59 earnings per share for the current fiscal year.

Interactive Intelligence Group, Inc (NASDAQ:ININ), formerly Interactive Intelligence, Inc, is a holding company.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.