iPass (IPAS) Scheduled to Post Quarterly Earnings on Wednesday

iPass (NASDAQ:IPAS) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.

iPass (IPAS) opened at $0.44 on Wednesday. The stock has a market cap of $28.50, a PE ratio of -1.63 and a beta of -0.34. iPass has a twelve month low of $0.39 and a twelve month high of $1.51.

Several research analysts have issued reports on IPAS shares. Zacks Investment Research cut shares of iPass from a “hold” rating to a “sell” rating in a report on Friday, January 19th. Maxim Group reaffirmed a “buy” rating and issued a $2.00 target price on shares of iPass in a report on Thursday, November 2nd. Finally, Roth Capital started coverage on shares of iPass in a report on Wednesday, January 17th. They issued a “buy” rating and a $2.00 target price for the company. Two research analysts have rated the stock with a sell rating and five have given a buy rating to the stock. iPass has a consensus rating of “Hold” and a consensus target price of $2.22.

A hedge fund recently raised its stake in iPass stock. Northern Trust Corp grew its position in iPass Inc. (NASDAQ:IPAS) by 2.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 130,999 shares of the technology company’s stock after buying an additional 3,058 shares during the period. Northern Trust Corp owned approximately 0.20% of iPass worth $173,000 as of its most recent SEC filing. 28.10% of the stock is currently owned by institutional investors.

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About iPass

iPass Inc (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users’ access to its global Wi-Fi network to stay connected to the people and information.

Earnings History for iPass (NASDAQ:IPAS)

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