Internap (NASDAQ:INAP) Earning Somewhat Favorable Media Coverage, Study Shows

News articles about Internap (NASDAQ:INAP) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Internap earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the information technology services provider an impact score of 44.8513320546459 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

How to Become a New Pot Stock Millionaire

Several brokerages have recently commented on INAP. ValuEngine lowered Internap from a “sell” rating to a “strong sell” rating in a research note on Monday. BidaskClub upgraded Internap from a “sell” rating to a “hold” rating in a research note on Tuesday, January 30th. Zacks Investment Research upgraded Internap from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research note on Wednesday, March 14th. Finally, Benchmark restated a “buy” rating and set a $28.00 price target on shares of Internap in a research note on Tuesday, January 30th. Two research analysts have rated the stock with a sell rating, two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $24.00.

INAP stock traded up $0.32 during trading on Thursday, reaching $11.07. 227,187 shares of the company traded hands, compared to its average volume of 245,704. Internap has a 12 month low of $10.34 and a 12 month high of $22.36. The company has a market cap of $217.86, a P/E ratio of -7.14 and a beta of 2.02. The company has a debt-to-equity ratio of -496.68, a current ratio of 0.64 and a quick ratio of 0.64.

Internap (NASDAQ:INAP) last issued its quarterly earnings data on Thursday, March 8th. The information technology services provider reported ($0.33) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.27. Internap had a negative return on equity of 271.76% and a negative net margin of 16.15%. The company had revenue of $70.00 million for the quarter, compared to the consensus estimate of $68.48 million. During the same quarter last year, the company earned ($0.11) earnings per share. The firm’s revenue for the quarter was down 5.5% compared to the same quarter last year. analysts anticipate that Internap will post -1.91 EPS for the current year.

TRADEMARK VIOLATION WARNING: This news story was first published by BBNS and is the sole property of of BBNS. If you are reading this news story on another site, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The correct version of this news story can be read at https://baseballnewssource.com/2018/04/05/internap-inap-earning-somewhat-positive-media-coverage-report-shows/2028760.html.

Internap Company Profile

Internap Corporation is a technology provider of Internet infrastructure. The Company provides Internet infrastructure through both Colocation Business and Enterprise Services and Cloud Services. The Company operates through two segments: Data Center and Network Services, and Cloud and Hosting Services.

Insider Buying and Selling by Quarter for Internap (NASDAQ:INAP)

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

 


Latest News

Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Red Sox Tie Record for Best Start After 17 Games
Red Sox Tie Record for Best Start After 17 Games
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Rick Porcello’s Strong Start Gives Boost to Red Sox
Rick Porcello’s Strong Start Gives Boost to Red Sox
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Xander Bogaerts Goes on Red Sox DL
Xander Bogaerts Goes on Red Sox DL


Leave a Reply

 
© 2006-2018 BBNS.