iPass (IPAS) Given a $2.00 Price Target by Roth Capital Analysts

Roth Capital set a $2.00 price target on iPass (NASDAQ:IPAS) in a report issued on Saturday. The firm currently has a buy rating on the technology company’s stock.

Several other analysts also recently commented on IPAS. Maxim Group set a $2.00 price objective on shares of iPass and gave the company a buy rating in a research report on Thursday, February 22nd. Zacks Investment Research raised shares of iPass from a sell rating to a hold rating in a research report on Wednesday, January 3rd. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company’s stock. iPass has an average rating of Buy and a consensus target price of $2.22.

How to Become a New Pot Stock Millionaire

IPAS stock opened at $0.38 on Friday. The stock has a market cap of $27.25, a PE ratio of -1.23 and a beta of -0.02. iPass has a 12 month low of $0.28 and a 12 month high of $1.51.

iPass (NASDAQ:IPAS) last issued its quarterly earnings results on Wednesday, February 21st. The technology company reported ($0.06) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.06). The company had revenue of $13.24 million during the quarter, compared to analyst estimates of $12.90 million. iPass had a negative net margin of 37.78% and a negative return on equity of 282.05%. equities analysts expect that iPass will post -0.04 EPS for the current year.

A number of hedge funds have recently made changes to their positions in IPAS. Northern Trust Corp grew its position in iPass by 2.4% during the 2nd quarter. Northern Trust Corp now owns 130,999 shares of the technology company’s stock valued at $173,000 after purchasing an additional 3,058 shares during the last quarter. Royce & Associates LP grew its position in iPass by 14.3% during the 3rd quarter. Royce & Associates LP now owns 948,500 shares of the technology company’s stock valued at $626,000 after purchasing an additional 118,500 shares during the last quarter. Finally, Pratt Collard Advisory Partners LLC purchased a new stake in iPass during the 4th quarter valued at about $940,000. 17.91% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION WARNING: “iPass (IPAS) Given a $2.00 Price Target by Roth Capital Analysts” was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this report on another publication, it was illegally stolen and reposted in violation of international copyright legislation. The correct version of this report can be viewed at https://www.tickerreport.com/banking-finance/3303487/ipass-ipas-given-a-2-00-price-target-by-roth-capital-analysts.html.

About iPass

iPass Inc (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users’ access to its global Wi-Fi network to stay connected to the people and information.

Analyst Recommendations for iPass (NASDAQ:IPAS)

Receive News & Ratings for iPass Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iPass and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Renewable Energy Group  Cut to “Buy” at BidaskClub
Renewable Energy Group Cut to “Buy” at BidaskClub
ViewPoint Financial Group  Downgraded by BidaskClub to “Hold”
ViewPoint Financial Group Downgraded by BidaskClub to “Hold”
ICU Medical  Downgraded by BidaskClub to “Buy”
ICU Medical Downgraded by BidaskClub to “Buy”
Nvidia  Raised to “Strong-Buy” at BidaskClub
Nvidia Raised to “Strong-Buy” at BidaskClub
Silvercrest Asset Management Group Inc  Director Sells $60,116.30 in Stock
Silvercrest Asset Management Group Inc Director Sells $60,116.30 in Stock
Linda Johnson Rice Sells 499 Shares of Omnicom Group  Stock
Linda Johnson Rice Sells 499 Shares of Omnicom Group Stock


© 2006-2018 Ticker Report. Google+.