Internap Corporation Company Profile (NASDAQ:INAP)

About Internap Corporation

Internap Corporation logoInternap Corporation, formerly InterNAP Network Services Corporation, provides Internet infrastructure services. The Company operates through two segments: Data Center Services segment and Internet Protocol Services segment. It offers hybrid Internet infrastructure services, which enables customers to mix and match cloud, hosting and colocation for the combination of services. It also offers availability across a global network of data centers, and services backed by service level agreements (SLAs). The Company serves approximately 11,000 customers in various industries, including software and Internet; media and entertainment; business services; healthcare technology infrastructure, and telecommunications. Its Data Center Services segment includes colocation, hosting and cloud services. IP Services segment includes its performance IP service, content delivery network (CDN) services, IP routing hardware and software platform, and Managed Internet Route Optimizer Controller.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Information Technology Services
  • Sub-Industry: Internet Software & Services
  • Exchange: NASDAQ
  • Symbol: INAP
  • CUSIP: 45885A30
Key Metrics:
  • Previous Close: $1.82
  • 50 Day Moving Average: $1.73
  • 200 Day Moving Average: $1.64
  • 52-Week Range: $0.80 - $3.13
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -4.04
  • P/E Growth: -0.76
  • Market Cap: $94.81M
  • Outstanding Shares: 52,096,000
  • Beta: 1.67
Profitability:
  • Net Margins: -40.57%
  • Return on Equity: -43.35%
  • Return on Assets: -6.84%
Debt:
  • Debt-to-Equity Ratio: 39.38%
  • Current Ratio: 0.70%
  • Quick Ratio: 0.70%
Additional Links:
Companies Related to Internap Corporation:

Analyst Ratings

Consensus Ratings for Internap Corporation (NASDAQ:INAP) (?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $4.17 (128.94% upside)

Analysts' Ratings History for Internap Corporation (NASDAQ:INAP)
Show:
DateFirmActionRatingPrice TargetDetails
11/7/2016DA DavidsonReiterated RatingHoldView Rating Details
9/14/2016Benchmark Co.Reiterated RatingBuy$4.00View Rating Details
8/8/2016Craig HallumUpgradeHold -> Buy$3.50View Rating Details
8/5/2016Drexel HamiltonSet Price TargetBuy$5.00View Rating Details
2/22/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
2/22/2016Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
2/19/2016SunTrust Banks, Inc.Lower Price TargetNeutral$7.50 -> $3.00View Rating Details
11/6/2015Cowen and CompanyBoost Price TargetMarket Perform$8.00 -> $9.25View Rating Details
10/2/2015Brean CapitalLower Price TargetBuy$9.50View Rating Details
9/25/2015Wells Fargo & CompanyDowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/20/2015 forward)

Earnings

Earnings History for Internap Corporation (NASDAQ:INAP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/24/2017        
11/3/2016Q316($0.13)($0.15)$74.32 million$73.90 millionViewN/AView Earnings Details
8/4/2016Q216($0.12)($0.14)$76.61 million$74.30 millionViewN/AView Earnings Details
5/5/2016Q116($0.23)($0.12)$77.18 million$75.92 millionViewN/AView Earnings Details
2/18/2016Q415($0.14)($0.14)$81.56 million$78.75 millionViewListenView Earnings Details
11/5/2015Q315($0.20)($0.19)$79.71 million$78.31 millionViewN/AView Earnings Details
8/4/2015Q215($0.17)($0.20)$81.32 million$80.43 millionViewN/AView Earnings Details
4/28/2015Q115($0.15)($0.17)$85.04 million$80.78 millionViewN/AView Earnings Details
2/19/2015Q414($0.10)($0.54)$84.50 million$84.30 millionViewN/AView Earnings Details
10/28/2014Q314($0.12)($0.15)$84.50 million$84.67 millionViewN/AView Earnings Details
7/29/2014Q214($0.12)($0.15)$83.60 million$84.07 millionViewN/AView Earnings Details
4/24/2014Q114($0.07)($0.14)$83.03 million$81.90 millionViewN/AView Earnings Details
2/20/2014Q413($0.02)($0.09)$70.75 million$74.09 millionViewN/AView Earnings Details
10/24/2013Q313($0.03)($0.04)$70.31 million$69.60 millionViewN/AView Earnings Details
7/25/2013Q2 2013($0.01)($0.03)$70.11 million$69.98 millionViewN/AView Earnings Details
2/21/2013Q4 2012$0.01$0.06$69.01 million$69.70 millionViewN/AView Earnings Details
10/25/2012$0.02($0.02)ViewN/AView Earnings Details
7/26/2012$0.02$0.01ViewN/AView Earnings Details
4/26/2012$0.03ViewN/AView Earnings Details
2/23/2012($0.02)$0.01ViewN/AView Earnings Details
10/27/2011($0.01)ViewN/AView Earnings Details
7/28/2011$0.01($0.01)ViewN/AView Earnings Details
4/28/2011$0.02($0.01)ViewN/AView Earnings Details
2/24/2011$0.01$0.05ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Internap Corporation (NASDAQ:INAP)
Current Year EPS Consensus Estimate: $-0.53 EPS
Next Year EPS Consensus Estimate: $-0.45 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.27)($0.27)($0.27)
Q2 20162($0.26)($0.17)($0.22)
Q3 20162($0.25)($0.19)($0.22)
Q4 20162($0.15)($0.15)($0.15)
Q1 20171($0.15)($0.15)($0.15)
Q2 20171($0.14)($0.14)($0.14)
Q3 20171($0.23)($0.23)($0.23)
Q4 20171($0.12)($0.12)($0.12)
Q1 20181($0.13)($0.13)($0.13)
Q2 20181($0.12)($0.12)($0.12)
Q3 20181($0.12)($0.12)($0.12)
Q4 20181($0.11)($0.11)($0.11)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Internap Corporation (NASDAQ:INAP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Internap Corporation (NASDAQ:INAP)
Insider Ownership Percentage: 5.83%
Institutional Ownership Percentage: 63.58%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/12/2017Gamco Investors, Inc. Et AlMajor ShareholderSell3,000$1.92$5,760.00View SEC Filing  
9/14/2016Daniel StanzioneDirectorBuy50,000$1.93$96,500.00View SEC Filing  
4/19/2016Gamco Investors, Inc. Et AlMajor ShareholderSell2,000$2.63$5,260.00View SEC Filing  
4/5/2016Corp AvenirMajor ShareholderSell75,243$2.49$187,355.07View SEC Filing  
3/30/2016Gamco Investors, Inc. Et AlMajor ShareholderSell3,000$2.75$8,250.00View SEC Filing  
3/22/2016Corp AvenirMajor ShareholderSell6,298$2.65$16,689.70View SEC Filing  
3/4/2016Gamco Investors, Inc. Et AlMajor ShareholderSell2,000$2.88$5,760.00View SEC Filing  
2/23/2016Daniel StanzioneDirectorBuy20,000$2.11$42,200.00View SEC Filing  
2/23/2016Kevin M DottsCFOBuy24,000$2.08$49,920.00View SEC Filing  
2/23/2016Michael RuffoloCEOBuy25,000$2.15$53,750.00View SEC Filing  
2/19/2016Gamco Investors, Inc. Et AlMajor ShareholderBuy18,000$1.93$34,740.00View SEC Filing  
5/12/2015Michael RuffoloCEOBuy10,560$9.48$100,108.80View SEC Filing  
4/15/2015Daniel StanzioneDirectorSell27,000$10.48$282,960.00View SEC Filing  
6/16/2014Charles B CoeDirectorBuy12,000$6.86$82,320.00View SEC Filing  
5/2/2014James Eric CooneyCEOBuy15,000$6.73$100,950.00View SEC Filing  
4/29/2014Debora WilsonDirectorBuy10,000$6.79$67,900.00View SEC Filing  
3/14/2014Kevin DottsCFOBuy10,000$7.34$73,400.00View SEC Filing  
2/28/2014Gamco Investors, Inc. Et Almajor shareholderSell1,000$7.77$7,770.00View SEC Filing  
3/25/2013Gamco Investors, Inc. Et AlMajor ShareholderSell1,000$9.46$9,460.00View SEC Filing  
11/16/2012James Eric CooneyCEOBuy20,000$5.62$112,400.00View SEC Filing  
11/9/2012Debora J WilsonDirectorBuy10,000$5.81$58,100.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Internap Corporation (NASDAQ:INAP)
DateHeadline
4-traders.com logoInternap : IT Services Stocks under Scanner -- Xerox, Fidelity National Information Services, Internap, and Atlassian (NASDAQ:INAP)
www.4-traders.com - February 17 at 5:29 PM
investornewswire.com logoAnalyst Rating Of Internap Corporation (NASDAQ:INAP) Revised To 2.17 - Investor Newswire (NASDAQ:INAP)
www.investornewswire.com - February 15 at 9:04 PM
News IconInvestor View: Looking at Shares of Internap Corporation (NASDAQ:INAP) - Baxter Review (NASDAQ:INAP)
baxternewsreview.com - February 15 at 9:04 PM
nasdaq.com logoShould You Sell Internap Corporation (INAP) Before Earnings? - Nasdaq (NASDAQ:INAP)
www.nasdaq.com - February 15 at 9:04 PM
finance.yahoo.com logoShould You Sell Internap Corporation (INAP) Before Earnings? (NASDAQ:INAP)
finance.yahoo.com - February 15 at 9:04 PM
News IconRange Watch on Technical Indicators for Internap Network Services Corp. (INAP) - Davidson Register (NASDAQ:INAP)
davidsonregister.com - February 10 at 11:44 PM
News IconFinancialBuzz.com: Demand for Strong Internet Security Driven by Increasing Threats (NASDAQ:INAP)
www.forwardgeek.com - February 9 at 4:38 AM
realistinvestor.com logoInternap Corporation (NASDAQ:INAP) Is Expected To Post EPS Of $-0.11 - RealistInvestor.com (NASDAQ:INAP)
www.realistinvestor.com - February 8 at 6:37 PM
prnewswire.com logoINAP's Dallas Data Center Earns EPA's ENERGY STAR ... - PR Newswire (press release) (NASDAQ:INAP)
www.prnewswire.com - February 7 at 7:13 PM
finance.yahoo.com logoINAP's Dallas Data Center Earns EPA's ENERGY STAR® Certification for Superior Energy Efficiency (NASDAQ:INAP)
finance.yahoo.com - February 7 at 7:13 PM
News IconAre These Shares a Bargain: Update on Internap Corporation (NASDAQ:INAP) - Prospect Journal (NASDAQ:INAP)
prospectjournal.com - February 1 at 4:43 AM
realistinvestor.com logoInternap Corporation (NASDAQ:INAP) EPS Projection At $-0.11 - RealistInvestor.com (NASDAQ:INAP)
www.realistinvestor.com - February 1 at 4:43 AM
News IconIs This Stock Capable of a Bull Run: Internap Corporation (NASDAQ:INAP) - Nelson Research (NASDAQ:INAP)
nelsonobserver.com - January 31 at 4:39 AM
News IconCan This Stock Grab Upward Traction: Internap Corporation (NASDAQ:INAP) - Prospect Journal (NASDAQ:INAP)
prospectjournal.com - January 31 at 4:39 AM
News IconRipe for A Big Move? Update on Internap Corporation (NASDAQ:INAP) - Prospect Journal (NASDAQ:INAP)
prospectjournal.com - January 28 at 12:54 AM
News IconVolatility Watch on Shares of Internap Corporation (NASDAQ:INAP) - The Tribune (NASDAQ:INAP)
lakecitytribune.com - January 27 at 5:37 AM
News IconIs This Equity Ready for a Breakout: Internap Corporation (NASDAQ:INAP) - Prospect Journal (NASDAQ:INAP)
prospectjournal.com - January 26 at 7:35 PM
biz.yahoo.com logoINTERNAP CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligati (NASDAQ:INAP)
biz.yahoo.com - January 26 at 7:35 PM
realistinvestor.com logoMean Rating Of Internap Corporation (NASDAQ:INAP) At $2.17 - RealistInvestor.com (NASDAQ:INAP)
www.realistinvestor.com - January 26 at 5:26 AM
News IconEarnings in Full Force, Analysts Take Aim at Internap Corporation (NASDAQ:INAP) - Wall Street Beacon (NASDAQ:INAP)
wsbeacon.com - January 26 at 5:26 AM
News IconWatching the Charts on Internap Network Services Corp. (INAP) - Sherwood Daily (NASDAQ:INAP)
sherwooddaily.com - January 20 at 3:29 PM
News IconFY2016 EPS Estimates for Internap Network Services Corp. (INAP) Lowered by DA Davidson (NASDAQ:INAP)
www.lightwaveonline.com - January 20 at 5:44 AM
realistinvestor.com logoInternap Corporation (NASDAQ:INAP) Mean Rating At $2.17 - RealistInvestor.com (NASDAQ:INAP)
www.realistinvestor.com - January 18 at 11:26 PM
News IconEquities Analysts Set Expectations for Internap Corporation's Q1 2018 Earnings (INAP) (NASDAQ:INAP)
www.lightwaveonline.com - January 18 at 6:26 PM
News IconInvestors Priming the Pump as Stock Reaches Most Volatile List: Internap Corporation (NASDAQ:INAP) - Wall Street Beacon (NASDAQ:INAP)
wsbeacon.com - January 17 at 8:16 PM
News IconIs the Needle Ready to Move for Internap Corporation (NASDAQ:INAP) - Prospect Journal (NASDAQ:INAP)
prospectjournal.com - January 17 at 8:15 PM
News IconStock Momentum Skidding to a Halt For Internap Corporation (NASDAQ:INAP) - Wall Street Beacon (NASDAQ:INAP)
wsbeacon.com - January 17 at 8:15 PM
News IconWill The Needle Move For Internap Corporation (NASDAQ:INAP) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:INAP)
wsbeacon.com - January 17 at 3:15 PM
News IconSell-side Taking Aim at Shares of Internap Corporation (NASDAQ:INAP) - Aiken Advocate (NASDAQ:INAP)
aikenadvocate.com - January 16 at 5:53 PM
insidermonkey.com logoPark West Asset Management Reveals Fresh Bet On Internap Corp (INAP) (NASDAQ:INAP)
www.insidermonkey.com - January 9 at 6:38 PM
News IconValue Score Review for Internap Corporation (NASDAQ:INAP) - Wall Street Beacon (NASDAQ:INAP)
wsbeacon.com - January 4 at 2:03 AM
News IconBrokerages Set Internap Corporation (INAP) Price Target at $3.88 (NASDAQ:INAP)
www.lightwaveonline.com - January 2 at 8:30 AM
News IconInternap Corp (NASDAQ:INAP) Comes to Life Amid Reforms - The Oracle Dispatch (NASDAQ:INAP)
oracledispatch.com - December 28 at 5:51 PM
live-pr.com logoNew Market Report: Internap Corporation (INAP) - Financial and Strategic SWOT Analysis Review (NASDAQ:INAP)
www.live-pr.com - December 27 at 10:55 AM
investingnews.com logo5 Top NASDAQ Tech Stocks: Internap Makes Gains to Lead (NASDAQ:INAP)
investingnews.com - December 26 at 10:38 AM
finance.yahoo.com logoInternap (INAP) Shows Strength: Stock Adds 9.3% in Session (NASDAQ:INAP)
finance.yahoo.com - December 23 at 6:07 PM
streetinsider.com logoInternap Network Services (INAP) Offers FY17 Guidance (NASDAQ:INAP)
www.streetinsider.com - December 21 at 11:46 PM
streetinsider.com logoInternap Network Services (INAP) Offers FY17 Guidance - StreetInsider.com (NASDAQ:INAP)
www.streetinsider.com - December 21 at 12:04 AM
finance.yahoo.com logo4:17 pm InterNAP reaffirms 2016 revs guidance at $297-300 mln vs. $298 mln Capital IQ Consensus Est, sees 2017 revenue of $275-285 mln vs. $299.4 mln consensus (NASDAQ:INAP)
finance.yahoo.com - December 21 at 12:04 AM
publicnow.com logoINAP Completes Initial Round of Cost Cuts and Provides Initial 2017 Forecast (NASDAQ:INAP)
www.publicnow.com - December 21 at 12:04 AM
capitalcube.com logoETFs with exposure to Internap Corp. : December 16, 2016 (NASDAQ:INAP)
www.capitalcube.com - December 16 at 6:30 PM
biz.yahoo.com logoINTERNAP CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:INAP)
biz.yahoo.com - December 16 at 6:30 PM
News IconInternap Network Services Corp. (INAP) Sees Significant Increase in Short Interest (NASDAQ:INAP)
www.lightwaveonline.com - December 16 at 4:38 AM
moodys.com logoMoody's Affirms Fifteen Classes and Downgrades One Class of COBALT 2007-C2 (NASDAQ:INAP)
www.moodys.com - December 15 at 6:34 PM
insidermonkey.com logoIs Internap Corp (INAP) Going to Burn These Hedge Funds? (NASDAQ:INAP)
www.insidermonkey.com - December 10 at 11:58 AM
capitalcube.com logoETFs with exposure to Internap Corp. : December 5, 2016 (NASDAQ:INAP)
www.capitalcube.com - December 5 at 3:20 PM
marketexclusive.com logoInternap Corporation (NASDAQ:INAP) Files An 8-K Other Events - Market Exclusive (NASDAQ:INAP)
marketexclusive.com - November 25 at 5:39 PM
News IconTechnical Views on Shares of Internap Network Services Corp. (INAP) - MicroCap Wired (NASDAQ:INAP)
www.microcapwired.com - November 24 at 8:45 AM
4-traders.com logoInternap Corporation (NASDAQ:INAP) Files An 8-K Other Events (NASDAQ:INAP)
www.4-traders.com - November 23 at 5:40 PM
4-traders.com logoInternap Corporation (NASDAQ:INAP) Files An 8-K Other Events (NASDAQ:INAP)
www.4-traders.com - November 23 at 5:40 PM

Social

What is Internap Corporation's stock symbol?

Internap Corporation trades on the NASDAQ under the ticker symbol "INAP."

Where is Internap Corporation's stock going? Where will Internap Corporation's stock price be in 2017?

6 brokers have issued 1 year price objectives for Internap Corporation's shares. Their predictions range from $3.50 to $5.00. On average, they expect Internap Corporation's stock price to reach $4.17 in the next twelve months.

When will Internap Corporation announce their earnings?

Internap Corporation is scheduled to release their next quarterly earnings announcement on Friday, February, 24th 2017.

What are analysts saying about Internap Corporation stock?

Here are some recent quotes from research analysts about Internap Corporation stock:

  • Benchmark Co. analysts commented, "We note that, of the 1,585,000 restricted shares awarded to Mr. Aquino, only 300,000 are subject to time-based vesting, with the remainder vesting in tranches based on stock price or a hybrid of time/price, and an initial share price hurdle of $5 per share. We also suspect that, perhaps unlike past transitions, top shareholders may have been at least involved/consulted, which could provide a modicum of stability now that all of the activists have exited. Still, we acknowledge that, outside of operational outperformance, any transaction-based catalyst seems to be likely pushed out into 2017 at the earliest, which could test the patience of the remaining shareholder base." (9/14/2016)

  • According to Zacks Investment Research, "InterNAP Network Services Corp is a provider of high performance Internet connectivity services targeted at businesses seeking to maximize the performance of mission-critical Internet-based applications. Customers connected to one of their service points have their data optimally routed to and from destinations on the Internet using their overlay network, which analyzes the traffic situation on the multiplicity of networks that comprise the Internet and delivers mission-critical information and communications faster and more reliably. " (7/12/2016)

Who owns Internap Corporation stock?

Internap Corporation's stock is owned by a number of of retail and institutional investors. Top institutional investors include GAMCO INVESTORS, INC. ET AL Total Shares: 14,044,397 (24.11%), Gamco Investors INC. ET AL (13.36%), Gabelli Funds LLC (9.62%), Avenir Corporation (4.90%), Dimensional Fund Advisors LP (5.24%) and Avenir Corp (3.87%). Company insiders that own Internap Corporation stock include Corp Avenir, Daniel Stanzione, Gamco Investors, Inc Et Al, Kevin M Dotts and Michael Ruffolo.

Who sold Internap Corporation stock? Who is selling Internap Corporation stock?

Internap Corporation's stock was sold by a variety of institutional investors in the last quarter, including Avenir Corp, Gamco Investors INC. ET AL and Dimensional Fund Advisors LP. Company insiders that have sold Internap Corporation stock in the last year include Corp Avenir and Gamco Investors, Inc Et Al.

Who bought Internap Corporation stock? Who is buying Internap Corporation stock?

Internap Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Teton Advisors Inc., Renaissance Technologies LLC, Gabelli Funds LLC, Two Sigma Investments LP, Asset Management One Co. Ltd. and Pinnacle Associates Ltd.. Company insiders that have bought Internap Corporation stock in the last two years include Daniel Stanzione, Gamco Investors, Inc Et Al, Kevin M Dotts and Michael Ruffolo.

How do I buy Internap Corporation stock?

Shares of Internap Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Internap Corporation stock cost?

One share of Internap Corporation stock can currently be purchased for approximately $1.82.

Internap Corporation (NASDAQ:INAP) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Internap Corporation (NASDAQ:INAP)

Earnings History Chart

Earnings by Quarter for Internap Corporation (NASDAQ:INAP)

Dividend History Chart

Dividend Payments by Quarter for Internap Corporation (NASDAQ:INAP)

Last Updated on 2/20/2017 by MarketBeat.com Staff