Instructure, Inc., a software-as-a-service technology company, provides applications for learning, assessment, and performance management worldwide. The company offers its platform through a software-as-a-service business model. It develops Canvas, a learning management system for K12 and higher education; Bridge, a learning and performance management suite for businesses; Arc, a next-generation online video learning platform for academic and corporate learning; and Gauge, an assessment management system for K12 schools. The company's applications enhance academic and corporate learning by providing a system of engagement for teachers and learners enabling frequent and open interactions, a streamlined workflow, and the creation and sharing of content with anytime, anywhere access to information. Its platform also provides data analytics that enable real-time reaction to information and benchmarking in order to personalize curricula and goal setting; and enhance the efficacy of the learning, assessment, and performance management processes. Instructure, Inc. was founded in 2008 and is headquartered in Salt Lake City, Utah.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:INST
Previous Symbol
CUSIPN/A
Phone800-203-6755
Debt
Debt-to-Equity RatioN/A
Current Ratio1.47
Quick Ratio1.47
Price-To-Earnings
Trailing P/E Ratio-21.74
Forward P/E Ratio-26.71
P/E GrowthN/A
Sales & Book Value
Annual Sales$158.81 million
Price / Sales8.25
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.15 per share
Price / Book249.27
Profitability
EPS (Most Recent Fiscal Year)($1.72)
Net Income$-49,820,000.00
Net Margins-24.15%
Return on Equity-49.49%
Return on Assets-19.97%
Miscellaneous
Employees1,140
Outstanding Shares35,060,000
Market Cap$1.30 billion
OptionableOptionable
Instructure (NYSE:INST) Frequently Asked Questions
What is Instructure's stock symbol?
Instructure trades on the New York Stock Exchange (NYSE) under the ticker symbol "INST."
How were Instructure's earnings last quarter?
Instructure Inc (NYSE:INST) issued its quarterly earnings data on Monday, October, 29th. The technology company reported ($0.15) EPS for the quarter, topping the Zacks' consensus estimate of ($0.41) by $0.26. The technology company had revenue of $55.24 million for the quarter, compared to analysts' expectations of $53.93 million. Instructure had a negative return on equity of 49.49% and a negative net margin of 24.15%. The firm's quarterly revenue was up 27.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.24) earnings per share. View Instructure's Earnings History.
When is Instructure's next earnings date?
What guidance has Instructure issued on next quarter's earnings?
Instructure issued an update on its fourth quarter earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of (0.16-0.14) for the period, compared to the Thomson Reuters consensus estimate of ($0.21). The company issued revenue guidance of ~$55.2-56.2 million, compared to the consensus revenue estimate of $55.55 million.Instructure also updated its FY 2018 guidance to $-0.76--0.74 EPS.
What price target have analysts set for INST?
12 analysts have issued 1 year price objectives for Instructure's stock. Their predictions range from $41.00 to $58.00. On average, they anticipate Instructure's stock price to reach $46.60 in the next twelve months. This suggests a possible upside of 24.6% from the stock's current price. View Analyst Price Targets for Instructure.
What is the consensus analysts' recommendation for Instructure?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Instructure in the last year. There are currently 5 hold ratings, 6 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Instructure.
What are Wall Street analysts saying about Instructure stock?
Here are some recent quotes from research analysts about Instructure stock:
- 1. According to Zacks Investment Research, "Instructure, Inc. provides cloud-based online education technology. It develops Canvas, a learning management application for the education market and Bridge, for the corporate market, to enable its customers to develop, deliver and manage face-to-face and online learning experiences. The company's platform also provides data analytics that enable real-time reaction to information and benchmarking in order to personalize curricula and increase the efficacy of the learning process. Instructure, Inc. is based in Salt Lake City, Utah. " (12/5/2018)
- 2. Barrington Research analysts commented, "We view this discount as unwarranted given that Instructure’s projected growth rate is much higher at 30%/27% in 2018/2019, compared to an average of 21%/22% for the Ed Tech peer group and 19%/18% for the vertical‐focused SaaS peer group. As Instructure moves towards cash positive (2018E) and profitability (2020E), we would expect its multiple to expand versus its peers. As such, we are reiterating our OUTPERFORM investment rating and our 12‐month price target of $50, which assumes a 5.5x multiple on our 2019 revenue estimate, suggesting 25% upside from current levels." (5/1/2018)
Has Instructure been receiving favorable news coverage?
Press coverage about INST stock has been trending very positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press 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. Instructure earned a news sentiment score of 3.9 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.
Who are some of Instructure's key competitors?
Some companies that are related to Instructure include HubSpot (HUBS), SolarWinds (SWI), Momo (MOMO), RealPage (RP), New Relic (NEWR), SINA (SINA), Medidata Solutions (MDSO), LogMeIn (LOGM), Mongodb (MDB), Nuance Communications (NUAN), BlackBerry (BB), Alteryx (AYX), Coupa Software (COUP), Anaplan (PLAN) and Paylocity (PCTY).
Who are Instructure's key executives?
Instructure's management team includes the folowing people:
- Mr. Joshua L. Coates, CEO & Director (Age 44)
- Mr. Steven B. Kaminsky, Chief Financial Officer (Age 59)
- Mr. Matthew A. Kaminer, Sr. VP, Gen. Counsel & Sec. (Age 44)
- Mr. Dan Goldsmith, Pres & Director
- Ms. Amanda Buckley, Sr. VP of Exec. Strategy & Operations
When did Instructure IPO?
(INST) raised $75 million in an initial public offering on Friday, November 13th 2015. The company issued 4,400,000 shares at $16.00-$18.00 per share. Morgan Stanley, Goldman Sachs and Jefferies served as the underwriters for the IPO and Needham, Oppenheimer and Raymond James were co-managers.
Who are Instructure's major shareholders?
Instructure's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Nine Ten Capital Management LLC (8.87%), JPMorgan Chase & Co. (7.39%), BlackRock Inc. (5.93%), Vanguard Group Inc. (4.21%), Mackenzie Financial Corp (3.38%) and Janus Henderson Group PLC (3.24%). Company insiders that own Instructure stock include Affiliates Fund Lp Openview II, Ellen Levy, Epic Venture Fund Iv, Llc, Marc T Maloy, Matthew Kaminer, Mitch Macfarlane, Steven A Collins, Steven B Kaminsky, William M Conroy and Zions Sbic Llc. View Institutional Ownership Trends for Instructure.
Which major investors are selling Instructure stock?
INST stock was sold by a variety of institutional investors in the last quarter, including Vista Equity Partners Management LLC, Maple Rock Capital Partners Inc., Putnam Investments LLC, FMR LLC, JPMorgan Chase & Co., Russell Investments Group Ltd., Penn Capital Management Co. Inc. and Frontier Capital Management Co. LLC. Company insiders that have sold Instructure company stock in the last year include Ellen Levy, Matthew Kaminer, Mitch Macfarlane, Steven A Collins, Steven B Kaminsky and William M Conroy. View Insider Buying and Selling for Instructure.
Which major investors are buying Instructure stock?
INST stock was bought by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, EastBay Asset Management LLC, Emerald Mutual Fund Advisers Trust, Janus Henderson Group PLC, Nine Ten Capital Management LLC, First Washington CORP, Wasatch Advisors Inc. and Emerald Advisers Inc. PA. View Insider Buying and Selling for Instructure.
How do I buy shares of Instructure?
Shares of INST 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 Instructure's stock price today?
One share of INST stock can currently be purchased for approximately $37.39.
How big of a company is Instructure?
Instructure has a market capitalization of $1.30 billion and generates $158.81 million in revenue each year. The technology company earns $-49,820,000.00 in net income (profit) each year or ($1.72) on an earnings per share basis. Instructure employs 1,140 workers across the globe.
What is Instructure's official website?
How can I contact Instructure?
Instructure's mailing address is 6330 SOUTH 3000 EAST SUITE 700, SALT LAKE CITY UT, 84121. The technology company can be reached via phone at 800-203-6755 or via email at [email protected]
MarketBeat Community Rating for Instructure (NYSE INST)
MarketBeat's community ratings are surveys of what our community members think about Instructure and other stocks. Vote "Outperform" if you believe INST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INST will underperform the S&P 500 over the long term. You may vote once every thirty days.
