Q3 2019 EPS Estimates for InterXion Holding NV (NYSE:INXN) Cut by William Blair

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InterXion Holding NV (NYSE:INXN) – Analysts at William Blair reduced their Q3 2019 EPS estimates for InterXion in a note issued to investors on Wednesday, August 7th. William Blair analyst J. Breen now anticipates that the technology company will post earnings of $0.16 per share for the quarter, down from their previous estimate of $0.17. William Blair also issued estimates for InterXion’s FY2019 earnings at $0.60 EPS and FY2020 earnings at $0.84 EPS.

Other research analysts also recently issued reports about the stock. Oppenheimer downgraded shares of InterXion from an “outperform” rating to a “market perform” rating in a research report on Friday, May 10th. ValuEngine raised shares of InterXion from a “buy” rating to a “strong-buy” rating in a research report on Monday, June 3rd. Wells Fargo & Co increased their target price on shares of InterXion from $72.00 to $80.00 and gave the company an “outperform” rating in a research report on Monday, May 13th. CIBC reaffirmed a “market perform” rating on shares of InterXion in a research report on Friday, May 10th. Finally, Stifel Nicolaus set a $74.00 price objective on shares of InterXion and gave the stock a “buy” rating in a research report on Friday, May 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. InterXion presently has a consensus rating of “Buy” and an average price target of $82.00.

NYSE INXN opened at $78.35 on Friday. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a fifty day moving average of $75.94. The stock has a market cap of $5.87 billion, a P/E ratio of 118.71, a price-to-earnings-growth ratio of 8.75 and a beta of 0.93. InterXion has a 12 month low of $50.05 and a 12 month high of $78.78.

InterXion (NYSE:INXN) last posted its earnings results on Wednesday, August 7th. The technology company reported $0.11 EPS for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.05). The company had revenue of $158.48 million during the quarter, compared to analysts’ expectations of $157.18 million. InterXion had a net margin of 6.00% and a return on equity of 5.29%. The company’s quarterly revenue was up 14.2% on a year-over-year basis. During the same period last year, the business earned $0.12 earnings per share.

Institutional investors have recently modified their holdings of the business. LPL Financial LLC raised its position in InterXion by 4.9% during the second quarter. LPL Financial LLC now owns 11,531 shares of the technology company’s stock worth $877,000 after acquiring an additional 537 shares during the last quarter. Oppenheimer Asset Management Inc. grew its holdings in shares of InterXion by 62.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 12,626 shares of the technology company’s stock worth $961,000 after buying an additional 4,851 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of InterXion by 25.5% during the second quarter. Russell Investments Group Ltd. now owns 1,029,717 shares of the technology company’s stock worth $78,191,000 after buying an additional 209,116 shares in the last quarter. Schroder Investment Management Group grew its holdings in shares of InterXion by 4.0% during the second quarter. Schroder Investment Management Group now owns 400,911 shares of the technology company’s stock worth $30,505,000 after buying an additional 15,303 shares in the last quarter. Finally, Monashee Investment Management LLC purchased a new stake in shares of InterXion during the second quarter worth about $1,522,000. 89.84% of the stock is currently owned by institutional investors.

About InterXion

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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Earnings History and Estimates for InterXion (NYSE:INXN)

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