Shares of InterXion Holding NV (NYSE:INXN) have been given an average rating of “Buy” by the eleven analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $84.43.
Several brokerages recently issued reports on INXN. Royal Bank of Canada reissued a “buy” rating and issued a $84.00 price objective on shares of InterXion in a research note on Sunday, August 11th. Credit Suisse Group set a $82.00 price objective on InterXion and gave the stock a “buy” rating in a research note on Thursday, July 11th. SunTrust Banks increased their price objective on InterXion from $85.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, October 16th. They noted that the move was a valuation call. Guggenheim set a $90.00 price objective on InterXion and gave the stock a “buy” rating in a research note on Thursday, September 12th. Finally, Zacks Investment Research downgraded InterXion from a “hold” rating to a “sell” rating in a research note on Wednesday, October 9th.
Shares of NYSE INXN traded down $0.68 during mid-day trading on Friday, hitting $80.85. 1,769,585 shares of the company traded hands, compared to its average volume of 1,880,164. InterXion has a 1 year low of $50.05 and a 1 year high of $102.66. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 122.50, a PEG ratio of 12.26 and a beta of 0.93. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 2.51. The business has a 50 day moving average of $83.32 and a two-hundred day moving average of $77.16.
InterXion (NYSE:INXN) last announced its earnings results on Wednesday, August 7th. The technology company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.05). InterXion had a net margin of 6.00% and a return on equity of 5.29%. The company had revenue of $158.48 million for the quarter, compared to analysts’ expectations of $157.18 million. During the same period in the prior year, the company earned $0.12 earnings per share. The company’s revenue for the quarter was up 14.2% on a year-over-year basis. As a group, research analysts anticipate that InterXion will post 0.56 EPS for the current year.
A number of hedge funds have recently modified their holdings of the business. Cambridge Trust Co. increased its holdings in shares of InterXion by 37.7% during the 2nd quarter. Cambridge Trust Co. now owns 9,451 shares of the technology company’s stock valued at $719,000 after acquiring an additional 2,588 shares during the last quarter. Wells Fargo & Company MN grew its holdings in InterXion by 135.3% in the 2nd quarter. Wells Fargo & Company MN now owns 2,249,738 shares of the technology company’s stock valued at $171,183,000 after buying an additional 1,293,785 shares during the last quarter. Dupont Capital Management Corp grew its holdings in InterXion by 350.0% in the 2nd quarter. Dupont Capital Management Corp now owns 60,947 shares of the technology company’s stock valued at $4,637,000 after buying an additional 47,403 shares during the last quarter. Crestline Management LP acquired a new stake in InterXion in the 2nd quarter valued at approximately $761,000. Finally, Invesco Ltd. grew its holdings in InterXion by 4.4% in the 2nd quarter. Invesco Ltd. now owns 235,800 shares of the technology company’s stock valued at $17,942,000 after buying an additional 10,001 shares during the last quarter. 92.81% of the stock is currently owned by institutional investors.
InterXion Holding N.V. provides carrier and cloud-neutral colocation data center services in France, Germany, the Netherlands, the United Kingdom, Austria, Belgium, Denmark, Ireland, Spain, Sweden, and Switzerland. The company enables its customers to connect to a range of telecommunications carriers, cloud platforms, Internet service providers, and other customers.
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