Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.
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. “
Other equities analysts also recently issued reports about the stock. Guggenheim set a $90.00 target price on shares of InterXion and gave the stock a buy rating in a research report on Thursday, September 12th. Royal Bank of Canada reissued a buy rating and set a $84.00 target price on shares of InterXion in a research report on Sunday, August 11th. SunTrust Banks increased their target price on shares of InterXion from $85.00 to $95.00 and gave the stock a buy rating in a research report on Wednesday, October 16th. They noted that the move was a valuation call. Wells Fargo & Co downgraded shares of InterXion from an outperform rating to a market perform rating and set a $85.00 target price on the stock. in a research report on Monday, September 9th. They noted that the move was a valuation call. Finally, ValuEngine raised InterXion from a hold rating to a buy rating in a research report on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $85.63.
InterXion stock traded down $0.68 during mid-day trading on Friday, hitting $80.85. 1,769,585 shares of the company’s stock were exchanged, compared to its average volume of 659,237. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 2.51. The stock has a market cap of $6.52 billion, a P/E ratio of 122.50, a P/E/G ratio of 12.26 and a beta of 0.93. InterXion has a 1-year low of $50.05 and a 1-year high of $102.66. The stock has a 50 day moving average of $83.36 and a two-hundred day moving average of $77.23.
InterXion (NYSE:INXN) last posted its earnings results on Wednesday, August 7th. The technology company reported $0.11 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.05). The business had revenue of $158.48 million for the quarter, compared to analyst estimates of $157.18 million. InterXion had a return on equity of 5.29% and a net margin of 6.00%. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.12 earnings per share. As a group, research analysts predict that InterXion will post 0.56 EPS for the current fiscal year.
Several large investors have recently modified their holdings of the company. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of InterXion in the third quarter valued at about $161,000. BBVA USA Bancshares Inc. acquired a new stake in shares of InterXion in the third quarter valued at about $553,000. Massachusetts Financial Services Co. MA grew its position in shares of InterXion by 1.1% in the third quarter. Massachusetts Financial Services Co. MA now owns 472,628 shares of the technology company’s stock valued at $38,500,000 after purchasing an additional 5,314 shares during the last quarter. LA Financiere DE L Echiquier grew its position in shares of InterXion by 9.8% in the third quarter. LA Financiere DE L Echiquier now owns 1,141,823 shares of the technology company’s stock valued at $93,013,000 after purchasing an additional 101,775 shares during the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of InterXion in the third quarter valued at about $97,000. 92.81% of the stock is currently owned by institutional investors.
InterXion Company Profile
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.
Further Reading: What is the Fibonacci sequence?
For more information about research offerings from Zacks Investment Research, visit Zacks.com