Infoblox (BLOX) Scheduled to Release Quarterly Earnings on Thursday
Infoblox (NASDAQ:BLOX) is set to issue its Q414 quarterly earnings data on Thursday, September 4th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $60.50 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Shares of Infoblox (NASDAQ:BLOX) opened at 13.76 on Wednesday. Infoblox has a 52 week low of $11.67 and a 52 week high of $48.97. The stock’s 50-day moving average is $12.3 and its 200-day moving average is $16.6. The company’s market cap is $749.9 million.
BLOX has been the subject of a number of recent research reports. Analysts at DA Davidson cut their price target on shares of Infoblox to $14.00 in a research note on Wednesday, August 27th. They now have a “neutral” rating on the stock. On the ratings front, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Infoblox in a research note on Tuesday, August 19th. They now have a $13.00 price target on the stock, down previously from $15.00. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Infoblox in a research note on Monday, July 21st. They now have a $15.00 price target on the stock, down previously from $18.00. Eleven analysts have rated the stock with a hold rating and two have given a buy rating to the company. Infoblox presently has an average rating of “Hold” and an average target price of $22.18.
Infoblox Inc (NASDAQ:BLOX) is an automated network controller.
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