News coverage about InnerWorkings (NASDAQ:INWK) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. InnerWorkings earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 45.8914983104317 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- InnerWorkings, Inc. (INWK) Expected to Post Earnings of $0.13 Per Share (americanbankingnews.com)
- InnerWorkings, Inc. (INWK) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Contrasting InnerWorkings (INWK) & LSC Communications (LKSD) (americanbankingnews.com)
- InnerWorkings (INWK) vs. LSC Communications (LKSD) Critical Contrast (americanbankingnews.com)
A number of research analysts recently commented on the company. Zacks Investment Research raised InnerWorkings from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. Lake Street Capital assumed coverage on InnerWorkings in a report on Monday, October 2nd. They issued a “buy” rating and a $14.00 price target for the company. Finally, Dougherty & Co assumed coverage on InnerWorkings in a report on Tuesday, October 31st. They issued a “buy” rating and a $14.00 price target for the company. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. InnerWorkings currently has a consensus rating of “Buy” and a consensus target price of $13.40.
InnerWorkings (NASDAQ:INWK) last announced its quarterly earnings data on Tuesday, November 7th. The business services provider reported $0.15 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.02. InnerWorkings had a return on equity of 9.53% and a net margin of 2.04%. The firm had revenue of $288.40 million for the quarter, compared to analysts’ expectations of $289.82 million. During the same quarter in the prior year, the firm posted $0.11 earnings per share. InnerWorkings’s revenue for the quarter was up 3.0% compared to the same quarter last year. research analysts anticipate that InnerWorkings will post 0.49 EPS for the current fiscal year.
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InnerWorkings Company Profile
InnerWorkings, Inc is a marketing execution company. The Company’s software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities of its supplier network, as well as detailed pricing data. The Company’s segments include North America and International.
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