Stock Analysis on InterXion Holding NV (NYSE:INXN)

[Business Wire] InterXion Holding NV (NYSE:INXN)(TREND ANALYSIS) a leading European provider of carrier-neutral colocation data centre services, announced today that CFO Josh Joshi is scheduled to speak in Miami at the Jefferies 2015 TMT Conference on Wednesday, May 13, 2015 at 8:30 a.m. ET. Interested parties can listen to the session via a live webcast at http://wsw.com/webcast/jeff87/inxn. Shortly after the conclusion of the conference, the webcast will be archived for 90 days following the live presentation.

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INXN reported last quarter earnings on May 07. The Computer Software company announced earnings per share of $0.2 against a consensus Street estimate of $0.14, beating the average estimate by $0.06. This corresponds to a decrease of $0.01 compared to the same quarter of the previous fiscal year.

InterXion Holding NV (NYSE:INXN) is currently trading 10.89% below its 52-week-high, 20.46% above its 52-week-low. The 1-year range for the stock is $24.53 – $33.16. InterXion Holding NV (INXN) has a price to earnings ratio of 55.03 versus Technology sector average of 16.8. INXN stock price has outperformed the S&P 500 by 5.6%. The Computer Software company is currently valued at $2.05 billion and its share price closed the last trading session at $29.55. The stock has a 50-day moving average of $30.07 and a 200-day moving average of $28.77.

InterXion Holding NV (INXN) current short interest stands at 4.04 million shares. It has decreased by 10% from the same period of last month. Around 2% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.84 million shares, the number of days required to cover the short positions stand at 0.5 day.

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There are currently ten analysts that cover INXN stock. Of those ten, two have a Buy rating, eight have a Hold rating. On a consensus basis this yields to a Hold rating. The consensus target price stands at $32.

A recent analyst activity consisted of Citigroup reiterating their Neutral stance on May 8. Citigroup decreased price target from $36 to $34. This corresponds to a 15.06% upside from the last closing price. On the date of report, the stock closed at $29.55.

Raymond James downgraded their Outperform rating to Market Perform on March 13, and fixed their price target at $31. This corresponds to a 4.91% upside from the last closing price. On the date of report, the stock closed at $29.8.

Another research firm was CanaccordGenuity who downgraded their Buy rating to Hold on March 5. CanaccordGenuity fixed their price target at $32. This translates to a 8.29% upside from the last closing price. On the date of report, the stock closed at $30.08.

Company profile

InterXion Holding NV operates as a holding company. The Company, through its subsidiaries, provides colocation services, equipment housing, connectivity services, managed services, and performance management.

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