iPass Inc. provides mobile connectivity that enables Wi-Fi access on various mobile devices in the United States and internationally. It offers mobile connectivity services that provide cloud-based solution allowing customers and their users access to its Wi-Fi network to stay connected to the people and information. The company provides business to business mobile connectivity solutions to large and small enterprises, as well as to strategic partnerships comprising original equipment manufacturers, loyalty programs, software product and service providers, and communication companies; and iPass SmartConnect that takes the guesswork out of Wi-Fi automatically connecting customers to the hotspot for their needs. It operates hotspots at airports, hotels, train stations, convention centers, outdoor venues, inflight, and others. The company sells its services directly through its global sales force, as well as through reseller and strategic partners. iPass Inc. was founded in 1996 and is headquartered in Redwood Shores, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Data processing & preparation
Sub-IndustryInternet Software & Services
SectorComputer and Technology
Current SymbolNASDAQ:IPAS
Previous Symbol
CUSIP46261V10
Phone650-232-4100
Debt
Debt-to-Equity RatioN/A
Current Ratio1.26
Quick Ratio1.26
Price-To-Earnings
Trailing P/E Ratio-0.67
Forward P/E Ratio-1.26
P/E GrowthN/A
Sales & Book Value
Annual Sales$54.40 million
Price / Sales0.32
Cash FlowN/A
Price / CashN/A
Book Value$0.12 per share
Price / Book17.38
Profitability
EPS (Most Recent Fiscal Year)($3.10)
Net Income$-20,550,000.00
Net Margins-40.13%
Return on Equity-130,046.80%
Return on Assets-105.22%
Miscellaneous
Employees158
Outstanding Shares8,400,000
Market Cap$9.83 million
OptionableNot Optionable
iPass (NASDAQ:IPAS) Frequently Asked Questions
What is iPass' stock symbol?
iPass trades on the NASDAQ under the ticker symbol "IPAS."
When did iPass' stock split? How did iPass' stock split work?
Shares of iPass reverse split on Thursday, August 23rd 2018. The 1-10 reverse split was announced on Tuesday, August 21st 2018. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, August 22nd 2018. An investor that had 100 shares of iPass stock prior to the reverse split would have 10 shares after the split.
How were iPass' earnings last quarter?
iPass Inc. (NASDAQ:IPAS) released its quarterly earnings results on Wednesday, August, 8th. The technology company reported ($0.60) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.40) by $0.20. The technology company earned $10.54 million during the quarter, compared to the consensus estimate of $12.90 million. iPass had a negative return on equity of 130,046.80% and a negative net margin of 40.13%. View iPass' Earnings History.
When is iPass' next earnings date?
What price target have analysts set for IPAS?
4 brokerages have issued 1-year target prices for iPass' stock. Their forecasts range from $3.00 to $20.00. On average, they expect iPass' share price to reach $9.3333 in the next year. This suggests a possible upside of 347.6% from the stock's current price. View Analyst Price Targets for iPass.
What is the consensus analysts' recommendation for iPass?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for iPass in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for iPass.
What are Wall Street 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. " (11/17/2018)
- 2. Aegis analysts commented, "We downgrade the shares of iPass from the announced acquisition by Pareteum Corp (TEUM, NR), a cloud software company. The deal is structured as an all-stock transaction in which iPass shareholders will receive 1.17 shares of Pareteum for each share of iPass. We do not foresee a competing offer so we assume the transaction will close.2 AEGIS CAPITAL CORP. We value IPAS stock at $1.40 per share." (11/15/2018)
- 3. Maxim Group analysts commented, "2Q18 revenue of $10.5 million, down 22% y/y, missed our estimate of $12.0 million and consensus of $12.7 million. Adjusted EBITDA loss of $(3.7) million was worse than our estimate of $(3.3) million and consensus of $(2.1) million." (8/9/2018)
Has iPass been receiving favorable news coverage?
News articles about IPAS stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. iPass earned a daily sentiment score of 1.3 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future.
Who are some of iPass' key competitors?
Some companies that are related to iPass include Innodata (INOD), Net Element (NETE), Data Storage (DTST), RESAAS Services (RSASF), Her Imports (HHER), JMU Ltd- (JMU), Agent Information Software (AIFS), CrowdGather (CRWG), Acxiom (ACXM), ChinaCache International (CCIH), DST Systems (DST), Leaf Group (LFGR), Longfin (LFIN), Marin Software (MRIN) and Sphere 3D (ANY).
Who are iPass' key executives?
iPass' management team includes the folowing people:
- Mr. Gary A. Griffiths, Pres, CEO & Director (Age 68)
- Mr. Darin R. Vickery, CFO, VP & Sec. (Age 53)
- Ms. Patricia R. Hume, Chief Operations Officer (Age 61)
- Mr. Blaz Vavpetic, Chief Technology Officer
- Ms. Kirsten F. Chapman, IR contact- LHA
Who are iPass' major shareholders?
iPass' stock is owned by many different of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (4.21%), Pratt Collard Advisory Partners LLC (2.14%) and Perkins Capital Management Inc. (1.82%). Company insiders that own iPass stock include Damien Park, Darin Vickery, Gary A Griffiths, Michael Tedesco and Patricia Hume. View Institutional Ownership Trends for iPass.
Which major investors are selling iPass stock?
IPAS stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Pratt Collard Advisory Partners LLC and Perkins Capital Management Inc.. View Insider Buying and Selling for iPass.
How do I buy shares of iPass?
Shares of IPAS 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 iPass' stock price today?
One share of IPAS stock can currently be purchased for approximately $2.0850.
How big of a company is iPass?
iPass has a market capitalization of $9.83 million and generates $54.40 million in revenue each year. The technology company earns $-20,550,000.00 in net income (profit) each year or ($3.10) on an earnings per share basis. iPass employs 158 workers across the globe.
What is iPass' official website?
How can I contact iPass?
iPass' mailing address is 3800 BRIDGE PARKWAY, REDWOOD SHORES CA, 94065. The technology company can be reached via phone at 650-232-4100 or via email at [email protected]
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 IPAS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe IPAS will underperform the S&P 500 over the long term. You may vote once every thirty days.
