Internap Corp. engages in the provision of information technology infrastructure services. It operates through the following segments: INAP US and INAP INTL. The INAP US segment consists of U. S. Colocation, U. S. Cloud, and U. S. Network services based in the United States. The INAP INTL segment consists of these same services based in countries other than the United States, and Ubersmith.
Read More…
Industry, Sector and Symbol
Industry Computer programming, data processing, & other computer related
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Phone404-302-9700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$317.37 million
Profitability
Miscellaneous
Employees640
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable
Internap (NASDAQ:INAP) Frequently Asked Questions
What is Internap's stock symbol?
Internap trades on the NASDAQ under the ticker symbol "INAP."
When did Internap's stock split? How did Internap's stock split work?
Internap's stock reverse split on the morning of Monday, November 20th 2017. The 1-4 reverse split was announced on Thursday, November 2nd 2017. The number of shares owned by shareholders was adjusted after the market closes on Friday, November 17th 2017. An investor that had 100 shares of Internap stock prior to the reverse split would have 25 shares after the split.
How were Internap's earnings last quarter?
Internap Corp (NASDAQ:INAP) released its quarterly earnings results on Tuesday, August, 6th. The information technology services provider reported ($0.78) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.56) by $0.22. The information technology services provider earned $73.13 million during the quarter, compared to analyst estimates of $76.75 million. The company's revenue for the quarter was down 10.8% on a year-over-year basis. During the same period in the previous year, the business posted ($0.47) earnings per share. View Internap's Earnings History.
When is Internap's next earnings date?
What guidance has Internap issued on next quarter's earnings?
Internap issued an update on its FY 2019 earnings guidance on Tuesday, August, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $290-300 million, compared to the consensus revenue estimate of $317.16 million.
What price target have analysts set for INAP?
6 brokers have issued 1-year price targets for Internap's stock. Their forecasts range from $6.00 to $10.00. On average, they anticipate Internap's share price to reach $8.25 in the next twelve months. This suggests a possible upside of 283.7% from the stock's current price. View Analyst Price Targets for Internap.
What is the consensus analysts' recommendation for Internap?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Internap in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Internap.
Has Internap been receiving favorable news coverage?
Media stories about INAP stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Internap earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave headlines about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Internap.
Are investors shorting Internap?
Internap saw a drop in short interest in September. As of September 30th, there was short interest totalling 4,310,000 shares, a drop of 8.1% from the August 30th total of 4,690,000 shares. Based on an average trading volume of 273,500 shares, the short-interest ratio is currently 15.8 days. Currently, 17.4% of the shares of the stock are sold short. View Internap's Current Options Chain.
Who are some of Internap's key competitors?
What other stocks do shareholders of Internap own?
Who are Internap's key executives?
Internap's management team includes the folowing people:
- Peter D. Aquino, President, Chief Executive Officer & Director
- Andrew G. Day, Chief Operating Officer & Executive Vice President
- James C. Keeley, Chief Financial Officer & Executive Vice President
- Richard P. Diegnan, Secretary, Executive VP & General Counsel
- Richard O'Dea, Senior Vice President & Head-Global Sales
Who are Internap's major shareholders?
Internap's stock is owned by a number of of institutional and retail investors. Top institutional investors include Pacer Advisors Inc. (0.37%). Company insiders that own Internap stock include Debora J Wilson, Gamco Investors, Inc Et Al, Gary M Pfeiffer, Peter D Aquino, Peter J Rogers Jr, Richard Ramlall and Robert Dennerlein. View Institutional Ownership Trends for Internap.
Which institutional investors are buying Internap stock?
INAP stock was bought by a variety of institutional investors in the last quarter, including Pacer Advisors Inc.. Company insiders that have bought Internap stock in the last two years include Debora J Wilson, Gary M Pfeiffer, Peter D Aquino, Peter J Rogers Jr, Richard Ramlall and Robert Dennerlein. View Insider Buying and Selling for Internap.
How do I buy shares of Internap?
Shares of INAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Internap's stock price today?
One share of INAP stock can currently be purchased for approximately $2.15.
How big of a company is Internap?
Internap has a market capitalization of $57.51 million and generates $317.37 million in revenue each year. The information technology services provider earns $-62,500,000.00 in net income (profit) each year or ($3.01) on an earnings per share basis. Internap employs 640 workers across the globe.View Additional Information About Internap.
What is Internap's official website?
How can I contact Internap?
Internap's mailing address is 12120 SUNSET HILLS ROAD SUITE 330, RESTON VA, 20190. The information technology services provider can be reached via phone at 404-302-9700 or via email at [email protected]
MarketBeat Community Rating for Internap (NASDAQ INAP)
MarketBeat's community ratings are surveys of what our community members think about Internap and other stocks. Vote "Outperform" if you believe INAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INAP will underperform the S&P 500 over the long term. You may vote once every thirty days.
