iPass Inc. (iPass), is a provider of global mobile connectivity, offering wireless fidelity (Wi-Fi) on mobile devices. The Company, through its Mobile Connectivity Services segment, offers a cloud-based solution allowing its customers and their users' access to its global Wi-Fi network to stay connected to the people and information. The Company has categorized its services into two approaches: Enterprise and Strategic Partnerships. Enterprise, formerly Open Mobile Enterprise (OME), focuses on providing mobile connectivity solutions to enterprises, from large to small. Strategic Partnerships, formerly Open Mobile Exchange (OMX), is executed through business development deals intended to open channel distributions for its product to reach the consumer market. Strategic Partnerships include global Original Equipment Manufacturers (OEMs), programs, including credit card companies, software product and service providers, and communication companies.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Wi-Fi & Wi-Max Providers
- Sub-Industry: Internet Software & Services
- Symbol: NASDAQ:IPAS
- CUSIP: 46261V10
- Web: www.ipass.com
Capitalization:- Market Cap: $40.01 million
- Outstanding Shares: 66,681,000
Average Prices:- 50 Day Moving Avg: $0.63
- 200 Day Moving Avg: $1.12
- 52 Week Range: $0.51 - $1.89
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -7.50
- P/E Growth: -0.10
Sales & Book Value:- Annual Revenue: $59.75 million
- Price / Sales: 0.67
- Book Value: $0.15 per share
- Price / Book: 4.00
Profitability:- EBIDTA: ($10,620,000.00)
- Net Margins: -20.49%
- Return on Equity: -78.31%
- Return on Assets: -41.09%
Debt:- Current Ratio: 1.65%
- Quick Ratio: 1.65%
Misc:- Average Volume: 246,058 shs.
- Beta: -0.23
- Short Ratio: 2.4
Frequently Asked Questions for iPass (NASDAQ:IPAS)
What is iPass' stock symbol?
iPass trades on the NASDAQ under the ticker symbol "IPAS."
How were iPass' earnings last quarter?
iPass Inc. (NASDAQ:IPAS) released its earnings results on Wednesday, August, 2nd. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.05. The company earned $13.47 million during the quarter. iPass had a negative return on equity of 78.31% and a negative net margin of 20.49%. View iPass' Earnings History.
When will iPass make its next earnings announcement?
Where is iPass' stock going? Where will iPass' stock price be in 2017?
5 equities research analysts have issued 1-year price targets for iPass' shares. Their forecasts range from $1.40 to $3.00. On average, they anticipate iPass' stock price to reach $2.28 in the next year. View Analyst Ratings for iPass.
What are analysts saying about iPass stock?
Here are some recent quotes from research analysts about iPass stock:
- 1. According to Zacks Investment Research, "iPass Inc provides software-enabled enterprise connectivity services for mobile workers. iPass' primary service is designed to enable enterprises to provide their employees with secure access to the enterprise's internal network through an easy-to-use interface. " (9/15/2017)
- 2. Maxim Group analysts commented, "Mobilise, an IPAS value added reseller to the Mobile Virtual Network Operator (MVNO) market, will deliver unlimited WiFi service to German-based mobilcom-debitel." (9/14/2017)
Who are some of iPass' key competitors?
Some companies that are related to iPass include Numerex Corp. (NMRX), Key Tronic Corporation (KTCC), Perceptron (PRCP), Resonant (RESN), TransAct Technologies Incorporated (TACT), CYREN (CYRN), eGain Corporation (EGAN), Identiv (INVE), ClearOne (CLRO), LightPath Technologies (LPTH), Finjan Holdings (FNJN), Evolving Systems (EVOL), RadiSys Corporation (RSYS), Fusion Telecommunications International (FSNN), Neonode (NEON), Nano Dimension (NNDM), On Track Innovations Ltd (OTIV) and China Finance Online Co. Limited (JRJC).
Who are iPass' key executives?
iPass' management team includes the folowing people:
- Michael A. Tedesco, Independent Chairman of the Board
- Gary Alan Griffiths, President, Chief Executive Officer, Director
- Darin R. Vickery, Chief Financial Officer, Vice President
- Rajani Kolli, Vice President - Global Cloud Operations
- Keith Waldorf, Vice President - Engineering
- Patricia R. Hume, Chief Commercial Officer
- Michael Chang, Independent Director
- David E. Panos, Independent Director
- Damien J. Park, Independent Director
- Justin R. Spencer, Independent Director
Who owns iPass stock?
iPass' stock is owned by many different of institutional and retail investors. Top institutional shareholders include
LEVITICUS PARTNERS L P
(7.68%), Adirondack Research & Management Inc. (3.37%), Vanguard Group Inc. (3.24%), Dimensional Fund Advisors LP (1.29%), Royce & Associates LP (1.26%) and California Public Employees Retirement System (0.53%). Company insiders that own iPass stock include Brent Morrison, Damien Park, E David Panos, Gary A Griffiths, Michael Tedesco and Patricia Hume. View Institutional Ownership Trends for iPass.
Who sold iPass stock? Who is selling iPass stock?
iPass' stock was sold by a variety of institutional investors in the last quarter, including Adirondack Research & Management Inc., Vanguard Group Inc. and Dimensional Fund Advisors LP. View Insider Buying and Selling for iPass.
Who bought iPass stock? Who is buying iPass stock?
iPass' stock was purchased by a variety of institutional investors in the last quarter, including P.A.W. Capital Corp, Royce & Associates LP, Emancipation Management LLC, Sterling Capital Management LLC, Susquehanna International Group LLP, Abbrea Capital LLC and Northern Trust Corp. Company insiders that have bought iPass stock in the last two years include Damien Park, E David Panos, Gary A Griffiths, Michael Tedesco and Patricia Hume. View Insider Buying and Selling for iPass.
How do I buy iPass stock?
Shares of iPass can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is iPass' stock price today?
One share of iPass stock can currently be purchased for approximately $0.60.
MarketBeat Community Rating for iPass (NASDAQ IPAS)MarketBeat's community ratings are surveys of what our community members think about iPass and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for iPass (NASDAQ:IPAS) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 4 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.80) |
| Consensus Price Target: | $2.28 (279.17% upside) |
Analysts' Ratings History for iPass (NASDAQ:IPAS)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/14/2017 | Maxim Group | Reiterated Rating | Buy | $2.00 | High |  |
| 9/13/2017 | Aegis | Lower Price Target | Buy -> Buy | $2.75 -> $1.40 | Medium | |
| 4/25/2017 | Benchmark Co. | Initiated Coverage | Buy -> Buy | $3.00 | Low | |
| 4/3/2017 | Ladenburg Thalmann Financial Services | Initiated Coverage | Buy | $2.70 | High | |
| 12/16/2016 | Chardan Capital | Downgrade | Buy -> Neutral | | N/A | |
(Data available from 9/20/2015 forward)
Earnings History for iPass (NASDAQ:IPAS)Earnings History by Quarter for iPass (NASDAQ IPAS)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/1/2017 | | | | | | | N/A | |
| 8/2/2017 | Q2 2017 | ($0.03) | ($0.08) | | $13.47 million | View | Listen | |
| 2/9/2017 | Q416 | ($0.01) | ($0.02) | $16.29 million | $16.10 million | View | Listen | |
| 11/3/2016 | Q316 | ($0.02) | ($0.02) | $16.03 million | $15.90 million | View | Listen | |
| 8/3/2016 | Q216 | ($0.01) | ($0.02) | $16.31 million | $16.50 million | View | Listen | |
| 5/4/2016 | Q116 | ($0.06) | ($0.06) | $15.29 million | $14.70 million | View | Listen | |
| 2/17/2016 | Q415 | ($0.03) | ($0.04) | $15.96 million | $15.40 million | View | Listen | |
| 11/4/2015 | Q315 | ($0.04) | ($0.05) | $16.09 million | $15.00 million | View | Listen | |
| 8/10/2015 | Q215 | ($0.07) | ($0.10) | $16.49 million | $15.60 million | View | Listen | |
| 5/7/2015 | Q115 | ($0.08) | ($0.05) | $16.70 million | $16.60 million | View | Listen | |
| 2/18/2015 | Q414 | ($0.05) | ($0.04) | $17.48 million | $17.20 million | View | Listen | |
| 8/11/2014 | Q2 | ($0.08) | ($0.01) | | $17.76 million | View | Listen | |
| 5/7/2014 | Q1 | ($0.08) | ($0.09) | | $25.34 million | View | Listen | |
| 2/12/2014 | Q4 | ($0.05) | ($0.07) | $26.60 million | $26.00 million | View | Listen | |
| 11/6/2013 | Q313 | ($0.03) | ($0.04) | $28.25 million | $26.90 million | View | Listen | |
| 5/8/2013 | Q1 2013 | ($0.04) | ($0.05) | $30.00 million | $29.60 million | View | Listen | |
| 11/7/2012 | Q312 | ($0.02) | ($0.01) | $30.45 million | $30.80 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for iPass (NASDAQ:IPAS)Current Year EPS Consensus Estimate: $-0.24 EPS
Next Year EPS Consensus Estimate: $-0.08 EPS
Dividend History for iPass (NASDAQ:IPAS)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for iPass (NASDAQ:IPAS)Insider Ownership Percentage: 5.70%
Institutional Ownership Percentage: 23.36%
Insider Trades by Quarter for iPass (NASDAQ:IPAS)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/18/2017 | Michael Tedesco | Director | Buy | 25,000 | $0.59 | $14,750.00 | |
| 8/10/2017 | Gary A Griffiths | CEO | Buy | 100,000 | $0.56 | $56,000.00 | |
| 5/10/2017 | Gary A Griffiths | CEO | Buy | 5,000 | $1.22 | $6,100.00 | |
| 5/10/2017 | Patricia Hume | Insider | Buy | 8,130 | $1.23 | $9,999.90 | |
| 5/8/2017 | Gary A. Griffiths | CEO | Buy | 20,000 | $1.23 | $24,600.00 | |
| 3/15/2017 | Damien Park | Director | Buy | 25,000 | $1.10 | $27,500.00 | |
| 3/14/2017 | Gary A Griffiths | CEO | Buy | 50,000 | $1.03 | $51,500.00 | |
| 3/14/2017 | Michael Tedesco | Director | Buy | 15,000 | $1.04 | $15,600.00 | |
| 2/14/2017 | Gary A Griffiths | CEO | Buy | 50,000 | $1.29 | $64,500.00 | |
| 11/29/2016 | Michael Tedesco | Director | Buy | 20,000 | $1.62 | $32,400.00 | |
| 11/10/2016 | E David Panos | Director | Buy | 15,000 | $1.53 | $22,950.00 | |
| 11/10/2016 | Patricia Hume | Insider | Buy | 6,440 | $1.53 | $9,853.20 | |
| 11/9/2016 | Gary A Griffiths | CEO | Buy | 10,000 | $1.52 | $15,200.00 | |
| 11/8/2016 | Gary A. Griffiths | CEO | Buy | 40,000 | $1.53 | $61,200.00 | |
| 9/9/2016 | Patricia Hume | Insider | Buy | 5,000 | $1.57 | $7,850.00 | |
| 9/8/2016 | Gary A Griffiths | CEO | Buy | 5,000 | $1.53 | $7,650.00 | |
| 8/8/2016 | Gary A Griffiths | CEO | Buy | 20,000 | $1.58 | $31,600.00 | |
| 5/24/2016 | Brent Morrison | Director | Sell | 9,100 | $1.16 | $10,556.00 | |
| 5/16/2016 | Gary A Griffiths | CEO | Buy | 5,000 | $1.16 | $5,800.00 | |
| 5/10/2016 | Gary A Griffiths | CEO | Buy | 20,000 | $1.19 | $23,800.00 | |
| 3/9/2016 | Gary A Griffiths | CEO | Buy | 10,000 | $1.01 | $10,100.00 | |
| 3/8/2016 | Gary A Griffiths | CEO | Buy | 20,000 | $0.98 | $19,600.00 | |
| 3/1/2016 | Michael Tedesco | Director | Buy | 15,000 | $0.98 | $14,700.00 | |
| 2/25/2016 | Damien Park | Director | Buy | 10,000 | $0.97 | $9,700.00 | |
| 2/25/2016 | Gary A Griffiths | CEO | Buy | 20,000 | $0.96 | $19,200.00 | |
| 9/11/2015 | E David Panos | Director | Buy | 25,000 | $1.09 | $27,250.00 | |
| 8/19/2015 | Gary A Griffiths | CEO | Buy | 20,000 | $1.10 | $22,000.00 | |
| 7/24/2015 | Evan Kaplan | CEO | Sell | 130,249 | $1.11 | $144,576.39 | |
| 6/22/2015 | Evan Kaplan | CEO | Sell | 39,046 | $1.10 | $42,950.60 | |
| 6/18/2015 | Evan Kaplan | CEO | Sell | 90,752 | $1.10 | $99,827.20 | |
| 6/2/2015 | Gary A Griffiths | Director | Buy | 20,000 | $1.10 | $22,000.00 | |
| 6/1/2015 | Michael Tedesco | Director | Buy | 50,000 | $1.10 | $55,000.00 | |
| 2/25/2015 | Robert J Majteles | Director | Buy | 110,000 | $0.87 | $95,700.00 | |
| 2/24/2015 | Evan Kaplan | CEO | Buy | 20,000 | $0.90 | $18,000.00 | |
| 2/23/2015 | John D Beletic | Director | Buy | 20,000 | $0.92 | $18,400.00 | |
| 2/23/2015 | Karen Willem | CFO | Buy | 10,000 | $0.92 | $9,200.00 | |
| 6/7/2013 | Evan Kaplan | CEO | Buy | 30,000 | $1.65 | $49,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for iPass (NASDAQ:IPAS)
Latest Headlines for iPass (NASDAQ:IPAS)
| Source: |
|
| Date | Headline |
|---|
 | iPass, Inc. :IPAS-US: Earnings Analysis: Q2, 2017 By the Numbers : September 20, 2017
finance.yahoo.com - September 20 at 4:24 PM |
 | iPass Inc. (IPAS) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - September 16 at 11:44 AM |
| iPass Inc. (IPAS) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 15 at 12:02 PM |
| iPass Inc. (IPAS) Rating Reiterated by Maxim Group
www.americanbankingnews.com - September 14 at 9:34 AM |
| iPass Inc. (IPAS) Price Target Lowered to $1.40 at Aegis
www.americanbankingnews.com - September 13 at 6:04 PM |
| iPass Inc. (IPAS) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - September 9 at 9:28 AM |
 | Scandinavian Airlines Partners with iPass and Teleena to Offer Global Wi-Fi to Customers - GlobeNewswire (press release)
globenewswire.com - September 5 at 9:45 PM |
| Scandinavian Airlines Partners with iPass and Teleena to Offer Global Wi-Fi to Customers
finance.yahoo.com - September 5 at 4:51 AM |
 | BRIEF-Ipass Inc files for mixed shelf of upto $20 million
www.reuters.com - September 2 at 5:13 AM |
| Mobilise Technology and iPass to Provide Global Wi-Fi Service to mobilcom-debitel - GlobeNewswire (press release)
globenewswire.com - September 2 at 12:12 AM |
| Mobilise Technology and iPass to Provide Global Wi-Fi Service to mobilcom-debitel
finance.yahoo.com - September 2 at 12:12 AM |
| iPass Inc. (IPAS) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - August 26 at 12:16 AM |
| iPass to Present at the Liolios 6th Annual Gateway Conference on September 7, 2017 - GlobeNewswire (press release)
globenewswire.com - August 25 at 10:08 PM |
| iPass to Present at the Liolios 6th Annual Gateway Conference on September 7, 2017
finance.yahoo.com - August 25 at 7:09 AM |
| BRIEF-AMH Equity LLC reports 7.68 pct passive stake in iPass Inc
www.reuters.com - August 23 at 5:44 AM |
| Michael Tedesco Purchases 25,000 Shares of iPass Inc. (IPAS) Stock
www.americanbankingnews.com - August 22 at 1:32 PM |
| iPass Inc. (IPAS) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 21 at 10:02 AM |
| iPass Inc. (NASDAQ:IPAS) CEO Buys $56,000.00 in Stock
www.americanbankingnews.com - August 10 at 10:46 PM |
| iPass Joins SITA Marketplace.aero to Offer Global Wi-Fi Connectivity Solutions to Small and Medium-Sized Airlines and Airports Around the World
finance.yahoo.com - August 8 at 7:36 PM |
| iPass Inc. (IPAS) Posts Quarterly Earnings Results, Misses Expectations By $0.05 EPS
www.americanbankingnews.com - August 4 at 3:33 PM |
| Edited Transcript of IPAS earnings conference call or presentation 2-Aug-17 9:00pm GMT
finance.yahoo.com - August 3 at 8:06 PM |
 | iPass Inc. 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - August 2 at 11:48 PM |
| iPass Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 2 at 11:48 PM |
| iPass Inc. (IPAS) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - July 27 at 5:46 PM |
| Critical Contrast: iPass (NASDAQ:IPAS) versus Boingo Wireless (WIFI)
www.americanbankingnews.com - July 27 at 11:02 AM |
| iPass Inc. (IPAS) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:26 AM |
| Mobilise Technology Launches Copenhagen Airport Wi-Fi Travel Service Powered by iPass
finance.yahoo.com - July 25 at 5:19 AM |
| Head to Head Contrast: Boingo Wireless (WIFI) and iPass (IPAS)
www.americanbankingnews.com - July 21 at 7:46 AM |
 | iPass to Report Second Quarter 2017 Financial Results on August 2
feeds.benzinga.com - July 21 at 7:46 AM |
| iPass Inc. (NASDAQ:IPAS) Receives Average Rating of "" from Analysts
www.americanbankingnews.com - July 17 at 11:30 AM |
| iPass (IPAS) versus Boingo Wireless (WIFI) Critical Contrast
www.americanbankingnews.com - July 17 at 11:29 AM |
| Head-To-Head Analysis: NQ Mobile (NQ) & iPass (IPAS)
www.americanbankingnews.com - July 14 at 4:10 PM |
| ETFs with exposure to iPass, Inc. : July 7, 2017
finance.yahoo.com - July 8 at 11:48 AM |
| Financial Review: NQ Mobile (NQ) versus iPass (NASDAQ:IPAS)
www.americanbankingnews.com - July 6 at 8:26 AM |
 | LendingClub Appoints Ken Denman to its Board of Directors
www.bizjournals.com - July 6 at 6:34 AM |
| Brokerages Set $2.98 Target Price for iPass Inc. (IPAS)
www.americanbankingnews.com - June 30 at 5:08 PM |
| Critical Comparison: NQ Mobile (NQ) & iPass (IPAS)
www.americanbankingnews.com - June 21 at 7:36 AM |
 | Form 4 IPASS INC For: Jun 13 Filed by: Spencer Justin
www.streetinsider.com - June 16 at 5:39 AM |
| iPass Inc. (IPAS) Given $2.86 Consensus Target Price by Brokerages
www.americanbankingnews.com - June 15 at 8:54 AM |
| ETFs with exposure to iPass, Inc. : June 5, 2017
finance.yahoo.com - June 5 at 5:59 PM |
| Reviewing KT Corp (KT) & iPass (IPAS)
www.americanbankingnews.com - June 4 at 8:28 PM |
| iPass Inc. (IPAS) Receives Average Recommendation of "Strong Buy" from Brokerages
www.americanbankingnews.com - May 30 at 11:04 AM |
| iPass, Inc. :IPAS-US: Earnings Analysis: Q1, 2017 By the Numbers : May 26, 2017
finance.yahoo.com - May 26 at 6:41 PM |
| ETFs with exposure to iPass, Inc. : May 26, 2017
finance.yahoo.com - May 26 at 6:41 PM |
| iPass (IPAS) Shows Strength: Stock Adds 5.1% in Session
finance.yahoo.com - May 26 at 2:28 AM |
| Trouble at the Top – iPass Finds CEOs to be Greatest Risk to Enterprise Security
globenewswire.com - May 24 at 5:53 PM |
| iPass Inc. (IPAS) Upgraded at Aegis
www.americanbankingnews.com - May 24 at 12:46 PM |
| Maxim Group Analysts Give iPass Inc. (IPAS) a $3.00 Price Target
www.americanbankingnews.com - May 23 at 10:36 PM |
| Trouble at the Top - iPass Finds CEOs to be Greatest Risk to Enterprise Security
finance.yahoo.com - May 23 at 11:13 AM |
| Zacks: iPass Inc. (IPAS) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 15 at 10:48 AM |
iPass (IPAS) Chart for Wednesday, September, 20, 2017
