Equities research analysts predict that InterXion Holding NV (NYSE:INXN) will post sales of $150.52 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for InterXion’s earnings, with the lowest sales estimate coming in at $147.55 million and the highest estimate coming in at $152.58 million. InterXion reported sales of $119.24 million in the same quarter last year, which indicates a positive year over year growth rate of 26.2%. The business is expected to announce its next earnings report before the market opens on Wednesday, March 7th.

On average, analysts expect that InterXion will report full year sales of $150.52 million for the current year, with estimates ranging from $564.46 million to $582.98 million. For the next fiscal year, analysts anticipate that the business will post sales of $648.77 million per share, with estimates ranging from $622.80 million to $667.78 million. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that follow InterXion.

Several analysts have issued reports on INXN shares. Zacks Investment Research cut InterXion from a “buy” rating to a “hold” rating in a research note on Thursday, January 4th. SunTrust Banks restated a “buy” rating and set a $68.00 price objective on shares of InterXion in a research note on Thursday, December 7th. BidaskClub upgraded InterXion from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 4th. Barclays upped their price objective on InterXion from $56.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, October 18th. Finally, Citigroup upped their price objective on InterXion from $57.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Two analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $63.00.

Shares of InterXion (NYSE:INXN) opened at $58.40 on Friday. InterXion has a one year low of $36.94 and a one year high of $64.00. The stock has a market capitalization of $4,155.51, a P/E ratio of 94.19, a price-to-earnings-growth ratio of 5.84 and a beta of 0.65. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22.

Several large investors have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership bought a new position in shares of InterXion during the fourth quarter valued at approximately $589,000. BlackRock Inc. grew its holdings in shares of InterXion by 5.7% during the fourth quarter. BlackRock Inc. now owns 1,627,626 shares of the technology company’s stock valued at $95,916,000 after purchasing an additional 87,795 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of InterXion by 2.7% during the fourth quarter. Bank of New York Mellon Corp now owns 44,340 shares of the technology company’s stock valued at $2,612,000 after purchasing an additional 1,163 shares during the last quarter. Chartwell Investment Partners LLC grew its holdings in shares of InterXion by 3.5% during the fourth quarter. Chartwell Investment Partners LLC now owns 105,237 shares of the technology company’s stock valued at $6,202,000 after purchasing an additional 3,520 shares during the last quarter. Finally, Keybank National Association OH bought a new position in shares of InterXion during the fourth quarter valued at approximately $257,000. 87.27% of the stock is owned by institutional investors.

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InterXion Company Profile

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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Earnings History and Estimates for InterXion (NYSE:INXN)

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