According to Zacks, “Interxion Holding N.V. operates as a provider of carrier-neutral colocation data center services in Europe. The Company’s data centre facilitates processing, storage, sharing and distribution of data, content, applications and media among carriers and customers. Its carrier-neutral colocation services includes space, power, cooling to house its customers’ computing, network, storage and IT infrastructure. Additionally, Interxion also offers network monitoring, remote monitoring of customer equipment, systems management, engineering support services, cross connects, data backup and storage. The Company’s data centres are located in London, Frankfurt, Paris, Amsterdam and Madrid, the main data center markets in Europe. Interxion Holding N.V. is headquartered in Schiphol-Rijk, the Netherlands. “
A number of other equities analysts have also issued reports on INXN. Wells Fargo & Co lowered InterXion from an outperform rating to a market perform rating and set a $85.00 price objective for the company. in a report on Monday, September 9th. They noted that the move was a valuation call. SunTrust Banks increased their price objective on InterXion from $85.00 to $95.00 and gave the stock a buy rating in a report on Wednesday, October 16th. They noted that the move was a valuation call. ValuEngine upgraded InterXion from a hold rating to a buy rating in a research report on Friday, November 1st. Guggenheim set a $90.00 target price on InterXion and gave the stock a buy rating in a research report on Thursday, September 12th. Finally, Royal Bank of Canada restated a buy rating and issued a $84.00 target price on shares of InterXion in a research report on Sunday, August 11th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company has an average rating of Buy and a consensus target price of $85.63.
INXN stock traded down $0.68 on Friday, reaching $80.85. The company’s stock had a trading volume of 1,769,585 shares, compared to its average volume of 659,237. InterXion has a 52 week low of $50.05 and a 52 week high of $102.66. The company has a market capitalization of $6.52 billion, a P/E ratio of 122.50, a price-to-earnings-growth ratio of 12.26 and a beta of 0.93. The firm has a fifty day moving average of $83.36 and a two-hundred day moving average of $77.23. The company has a debt-to-equity ratio of 2.51, a current ratio of 0.68 and a quick ratio of 0.68.
InterXion (NYSE:INXN) last issued its quarterly earnings data on Wednesday, August 7th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.05). InterXion had a return on equity of 5.29% and a net margin of 6.00%. The business had revenue of $158.48 million during the quarter, compared to the consensus estimate of $157.18 million. During the same period last year, the company earned $0.12 earnings per share. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. As a group, equities analysts expect that InterXion will post 0.56 EPS for the current fiscal year.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Flinton Capital Management LLC lifted its position in shares of InterXion by 215.4% during the 2nd quarter. Flinton Capital Management LLC now owns 656 shares of the technology company’s stock valued at $50,000 after acquiring an additional 448 shares during the last quarter. Meadow Creek Investment Management LLC lifted its position in shares of InterXion by 215.4% during the 2nd quarter. Meadow Creek Investment Management LLC now owns 902 shares of the technology company’s stock valued at $69,000 after acquiring an additional 616 shares during the last quarter. Glen Harbor Capital Management LLC lifted its position in shares of InterXion by 215.4% during the 2nd quarter. Glen Harbor Capital Management LLC now owns 1,148 shares of the technology company’s stock valued at $87,000 after acquiring an additional 784 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of InterXion during the 3rd quarter valued at $96,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of InterXion during the 3rd quarter valued at $97,000. Hedge funds and other institutional investors own 92.81% of the company’s stock.
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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