InterXion Holding NV (NYSE:INXN) – Oppenheimer issued their Q1 2018 earnings estimates for shares of InterXion in a research report issued to clients and investors on Wednesday. Oppenheimer analyst T. Horan forecasts that the technology company will earn $0.24 per share for the quarter. Oppenheimer has a “Buy” rating and a $68.00 price objective on the stock. Oppenheimer also issued estimates for InterXion’s Q2 2018 earnings at $0.24 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.25 EPS, FY2018 earnings at $0.97 EPS and FY2020 earnings at $1.12 EPS.
A number of other equities analysts have also recently issued reports on INXN. SunTrust Banks restated a “buy” rating and set a $68.00 price objective on shares of InterXion in a report on Thursday, December 7th. Zacks Investment Research raised InterXion from a “hold” rating to a “buy” rating and set a $66.00 target price for the company in a research report on Wednesday, January 3rd. Citigroup reaffirmed an “outperform” rating and set a $68.00 target price (up from $62.00) on shares of InterXion in a research report on Tuesday, January 9th. Barclays reaffirmed a “buy” rating and set a $72.00 target price on shares of InterXion in a research report on Friday, January 19th. Finally, Guggenheim reaffirmed a “buy” rating and set a $67.00 target price on shares of InterXion in a research report on Thursday, January 25th. Two analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $65.45.
InterXion (NYSE:INXN) last posted its quarterly earnings data on Wednesday, March 7th. The technology company reported $0.20 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.20. InterXion had a return on equity of 7.45% and a net margin of 8.46%. The company had revenue of $129.90 million during the quarter, compared to analysts’ expectations of $127.51 million. During the same quarter in the previous year, the business earned $0.14 EPS. InterXion’s revenue was up 17.6% compared to the same quarter last year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Lenox Wealth Management Inc. raised its position in shares of InterXion by 26.9% in the 3rd quarter. Lenox Wealth Management Inc. now owns 12,747 shares of the technology company’s stock worth $649,000 after acquiring an additional 2,704 shares in the last quarter. Monarch Partners Asset Management LLC raised its position in shares of InterXion by 0.4% in the 4th quarter. Monarch Partners Asset Management LLC now owns 348,443 shares of the technology company’s stock worth $20,534,000 after acquiring an additional 1,260 shares in the last quarter. Navellier & Associates Inc bought a new position in shares of InterXion in the 4th quarter worth $430,000. Ninepoint Partners LP bought a new position in shares of InterXion in the 3rd quarter worth $1,880,000. Finally, Quantitative Systematic Strategies LLC raised its position in shares of InterXion by 12.3% in the 4th quarter. Quantitative Systematic Strategies LLC now owns 14,056 shares of the technology company’s stock worth $828,000 after acquiring an additional 1,539 shares in the last quarter. 91.52% of the stock is owned by hedge funds and other institutional investors.
InterXion Holding N.V. is a provider of carrier and cloud neutral colocation data center services in Europe. The Company operates through two segments: France, Germany, The Netherlands and UK, and rest of Europe, which consists of its operations in Austria, Belgium, Denmark, Ireland, Spain, Sweden and Switzerland.
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