NASDAQ:INAP - Internap Stock Price, News, & Analysis

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$4.81 +0.01 (+0.21 %)
(As of 03/20/2019 11:13 AM ET)
Previous Close$4.80
Today's Range$4.73 - $4.81
52-Week Range$3.86 - $15.31
Volume835 shs
Average Volume350,643 shs
Market Capitalization$122.70 million
P/E Ratio-1.57
Dividend YieldN/A
Beta2.91
Internap Corporation provides Internet infrastructure services. It operates through two business segments, INAP COLO and INAP CLOUD. The INAP COLO 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 (IP) connectivity services comprising its patented Performance IP and content delivery network services, IP routing hardware and software platforms, and Managed Internet Route Optimizer controllers. This segment offers its colocation services through 56 data centers and 97 points of presence worldwide. The INAP CLOUD segment provides hosted Infrastructure-as-a-Service as a cloud platform or through managed hosting that includes the provision and maintenance of hardware, data center infrastructure, and interconnection that enables its customers to own and manage their software applications and content. This segment offers cloud and managed hosting services, which comprise compute and storage services, as well as a single tenant infrastructure environment through an integrated platform that includes servers, storage, and network. The company serves various industries, including healthcare; advertising technology; financial; technology infrastructure; and gaming and software. The company was formerly known as Internap Network Services Corporation and changed its name to Internap Corporation in November 2014. Internap Corporation was founded in 1996 and is headquartered in Reston, Virginia.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:INAP
CUSIP45885A30
Phone404-302-9700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$317.37 million
Cash Flow$2.4171 per share
Book Value($0.05) per share

Profitability

Net Income$-62,500,000.00

Miscellaneous

Employees503
Market Cap$122.70 million
Next Earnings Date5/2/2019 (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?

Shares of Internap reverse split on 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 closing bell 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) issued its quarterly earnings results on Thursday, March, 14th. The information technology services provider reported ($0.82) EPS for the quarter, missing analysts' consensus estimates of ($0.51) by $0.31. The information technology services provider earned $78.20 million during the quarter, compared to analysts' expectations of $82.52 million. Internap had a negative net margin of 19.69% and a negative return on equity of 2,471.65%. The company's quarterly revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.35) earnings per share. View Internap's Earnings History.

When is Internap's next earnings date?

Internap is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Internap.

What guidance has Internap issued on next quarter's earnings?

Internap updated its FY 2019 earnings guidance on Thursday, March, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $320-330 million, compared to the consensus revenue estimate of $330.06 million.

What price target have analysts set for INAP?

5 Wall Street analysts have issued 12-month price targets for Internap's shares. Their predictions range from $7.50 to $15.00. On average, they expect Internap's stock price to reach $12.10 in the next year. This suggests a possible upside of 155.3% from the stock's current price. View Analyst Price Targets for Internap.

What is the consensus analysts' recommendation for Internap?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Internap in the last year. There are currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Internap.

Has Internap been receiving favorable news coverage?

News articles about INAP stock have trended somewhat positive this week, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Internap earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave media coverage 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 next several days.

Who are some of Internap's key competitors?

What other stocks do shareholders of Internap own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Internap investors own include Micron Technology (MU), General Electric (GE), Advanced Micro Devices (AMD), Opko Health (OPK), Idera Pharmaceuticals (IDRA), Alibaba Group (BABA), Kinder Morgan (KMI), Walmart (WMT), Lam Research (LRCX) and Antares Pharma (ATRS).

Who are Internap's key executives?

Internap's management team includes the folowing people:
  • Mr. Peter D. Aquino, Pres, CEO & Director (Age 58)
  • Mr. Andrew G. Day, Exec. VP & Chief Operating Officer (Age 53)
  • Mr. Richard P. Diegnan Jr., Exec. VP, Gen. Counsel & Corp. Sec. (Age 50)
  • Mr. James C. Keeley, Exec. VP & CFO (Age 53)
  • Ms. Joanna E. Lanni, VP, Corp. Controller & Principal Accounting Officer (Age 49)

Who are Internap's major shareholders?

Internap's stock is owned by a number of of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (11.72%), Gabelli Funds LLC (11.43%), BlackRock Inc. (5.73%), Avenir Corp (5.12%), Portolan Capital Management LLC (3.51%) and Dimensional Fund Advisors LP (2.79%). Company insiders that own Internap stock include Debora J Wilson, Gary M Pfeiffer, Park West Asset Management Llc, Peter D Aquino, Peter J Rogers Jr, Richard Ramlall and Robert Dennerlein. View Institutional Ownership Trends for Internap.

Which major investors are selling Internap stock?

INAP stock was sold by a variety of institutional investors in the last quarter, including Portolan Capital Management LLC, Connor Clark & Lunn Investment Management Ltd., GSA Capital Partners LLP, New York State Common Retirement Fund, Emerald Advisers LLC, Raymond James & Associates, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. View Insider Buying and Selling for Internap.

Which major investors are buying Internap stock?

INAP stock was purchased by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Gabelli Funds LLC, Avenir Corp, BlackRock Inc., Two Sigma Investments LP, Teton Advisors Inc., Assenagon Asset Management S.A. and Millennium Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Internap's stock price today?

One share of INAP stock can currently be purchased for approximately $4.74.

How big of a company is Internap?

Internap has a market capitalization of $120.92 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 503 workers across the globe.

What is Internap's official website?

The official website for Internap is http://www.internap.com.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  292 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  550
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.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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