Analysts See $-0.60 EPS for Internap Corporation (INAP)

February 24, 2018 - By Winifred Garcia

 Analysts See $ 0.60 EPS for Internap Corporation (INAP)
Investors sentiment decreased to 1.07 in Q3 2017. Its down 0.43, from 1.5 in 2017Q2. It fall, as 14 investors sold Internap Corporation shares while 32 reduced holdings. 19 funds opened positions while 30 raised stakes. 72.36 million shares or 4.24% more from 69.42 million shares in 2017Q2 were reported.
Deutsche National Bank Ag stated it has 0% of its portfolio in Internap Corporation (NASDAQ:INAP). Macquarie Limited stated it has 0% in Internap Corporation (NASDAQ:INAP). Avenir Corporation holds 2.9% or 7.76 million shares. Eidelman Virant reported 67,000 shares or 0.17% of all its holdings. Parametric Limited Liability Corp stated it has 291,733 shares or 0% of all its holdings. Pinnacle Assoc Limited holds 0.01% of its portfolio in Internap Corporation (NASDAQ:INAP) for 185,750 shares. Renaissance Technology Ltd holds 3.09M shares. West Oak Capital Limited Com holds 0.01% of its portfolio in Internap Corporation (NASDAQ:INAP) for 2,000 shares. Teton Advisors invested 0.57% in Internap Corporation (NASDAQ:INAP). Citigroup invested in 0% or 250 shares. Fincl Bank Of Montreal Can holds 0% or 958 shares. Wells Fargo Mn has invested 0% in Internap Corporation (NASDAQ:INAP). Bankshares Of America De owns 138,280 shares for 0% of their portfolio. Jefferies Gp Limited Liability Company reported 71,054 shares or 0% of all its holdings. Tradewinds Cap Mgmt Limited Com holds 0% in Internap Corporation (NASDAQ:INAP) or 165 shares.

Analysts expect Internap Corporation (NASDAQ:INAP) to report $-0.60 EPS on March, 8 before the open.They anticipate $0.12 EPS change or 25.00 % from last quarter’s $-0.48 EPS. After having $-0.56 EPS previously, Internap Corporation’s analysts see 7.14 % EPS growth. The stock decreased 1.01% or $0.14 during the last trading session, reaching $13.73. About 171,601 shares traded. Internap Corporation (NASDAQ:INAP) has risen 55.77% since February 24, 2017 and is uptrending. It has outperformed by 39.07% the S&P500.

Internap Corporation (NASDAQ:INAP) Ratings Coverage

Among 10 analysts covering Internap Corp (NASDAQ:INAP), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Internap Corp had 18 analyst reports since August 22, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Saturday, August 22 by TheStreet. The stock of Internap Corporation (NASDAQ:INAP) earned “Market Perform” rating by Wells Fargo on Friday, September 25. The stock of Internap Corporation (NASDAQ:INAP) earned “Neutral” rating by SunTrust on Tuesday, November 24. The stock of Internap Corporation (NASDAQ:INAP) has “Buy” rating given on Friday, March 10 by Stifel Nicolaus. On Friday, August 4 the stock rating was upgraded by Raymond James to “Strong Buy”. DA Davidson downgraded the shares of INAP in report on Friday, September 25 to “Neutral” rating. The stock of Internap Corporation (NASDAQ:INAP) has “Buy” rating given on Friday, November 6 by Benchmark. Oppenheimer downgraded the stock to “Perform” rating in Friday, September 25 report. The firm has “Buy” rating by Benchmark given on Friday, August 4. Suntrust Robinson initiated Internap Corporation (NASDAQ:INAP) rating on Tuesday, November 24. Suntrust Robinson has “Neutral” rating and $7.50 target.

Internap Corporation operates as a technology well-known provider of Internet infrastructure services. The company has market cap of $270.62 million. It operates through two business divisions, Data Center and Network Services, and Cloud and Hosting Services. It currently has negative earnings. The Data Center and Network Services segment offers colocation services, including physical space within data centers and related services, such as power, interconnection, environmental controls, monitoring, and security; and Internet protocol connectivity services comprising its patented Performance IP and content delivery network services, IP routing hardware and software platforms, and Managed Internet Route Optimizer controllers.

More recent Internap Corporation (NASDAQ:INAP) news were published by: Streetinsider.com which released: “Internap Network Services (INAP) Reports Acquisition of SingleHop LLC for $132M” on January 29, 2018. Also Streetinsider.com published the news titled: “Form 8-K Internap Corp For: Jan 31” on January 31, 2018. Globenewswire.com‘s news article titled: “INAP Announces Multi-Year Cloud Hosting Agreement with Cutting Edge Creator of …” with publication date: February 22, 2018 was also an interesting one.

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