$-0.60 EPS Expected for Internap Corporation (INAP)

February 19, 2018 - By Darrin Black

 $ 0.60 EPS Expected for Internap Corporation (INAP)
Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.43, from 1.5 in 2017Q2. It dropped, 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.
Barclays Public Limited Company invested in 0% or 10,437 shares. Connor Clark Lunn Invest Mngmt Ltd reported 1.97M shares. Metropolitan Life Ins Com New York reported 58,455 shares. Avenir owns 7.76M shares. Pnc Fincl Services Grp Inc owns 20,000 shares. 1.96M are held by Emerald Mutual Fund Advisers Trust. Eidelman Virant reported 0.17% of its portfolio in Internap Corporation (NASDAQ:INAP). Aqr Cap Mgmt holds 0% or 68,667 shares. 958 were accumulated by Bank Of Montreal Can. Cannell Cap Ltd Liability Corp invested in 1.80 million shares or 2.3% of the stock. Moreover, Hutchin Hill Cap L P has 0% invested in Internap Corporation (NASDAQ:INAP) for 15,500 shares. 53,565 are held by Amer Int. Legal General Grp Pcl holds 0% of its portfolio in Internap Corporation (NASDAQ:INAP) for 21,178 shares. National Bank Of America De holds 0% or 138,280 shares. Guggenheim Capital Ltd Liability Corporation, Illinois-based fund reported 290,146 shares.

Analysts expect Internap Corporation (NASDAQ:INAP) to report $-0.60 EPS on March, 8.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 increased 0.48% or $0.06 during the last trading session, reaching $12.64. About 194,108 shares traded. Internap Corporation (NASDAQ:INAP) has risen 55.77% since February 19, 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. Oppenheimer downgraded the stock to “Perform” rating in Friday, September 25 report. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, September 13. The stock of Internap Corporation (NASDAQ:INAP) has “Strong Buy” rating given on Friday, August 4 by Raymond James. The rating was initiated by SunTrust on Tuesday, November 24 with “Neutral”. The firm has “Buy” rating given on Friday, November 6 by Benchmark. The stock has “Hold” rating by Craig Hallum on Friday, February 19. The firm has “Market Perform” rating by Wells Fargo given on Friday, September 25. The firm has “Buy” rating given on Friday, August 4 by Stifel Nicolaus. The stock has “Hold” rating by TheStreet on Saturday, August 22. The firm has “Neutral” rating given on Tuesday, November 24 by Suntrust Robinson.

Internap Corporation operates as a technology well-known provider of Internet infrastructure services. The company has market cap of $249.14 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 important recent Internap Corporation (NASDAQ:INAP) news were published by: Seekingalpha.com which released: “Internap Corporation’s (INAP) CEO Pete Aquino on Q3 2017 Results – Earnings …” on November 02, 2017, also Streetinsider.com published article titled: “Internap Network Services (INAP) Reports Acquisition of SingleHop LLC for $132M”, Streetinsider.com published: “Form 8-K Internap Corp For: Jan 31” on January 31, 2018. More interesting news about Internap Corporation (NASDAQ:INAP) was released by: Globenewswire.com and their article: “INAP to Release Fourth Quarter Financial Results on March 8, 2018” with publication date: February 13, 2018.

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