NYSE:INST - Instructure Stock Price, Forecast & News

Instructure trades on the New York Stock Exchange (NYSE) under the ticker symbol "INST."

Instructure Inc (NYSE:INST) issued its quarterly earnings data on Monday, October, 28th. The technology company reported ($0.11) earnings per share for the quarter, beating analysts' consensus estimates of ($0.19) by $0.08. The technology company had revenue of $68.30 million for the quarter, compared to analysts' expectations of $68.08 million. Instructure had a negative net margin of 26.64% and a negative return on equity of 44.38%. The company's revenue was up 23.5% on a year-over-year basis. During the same period in the previous year, the business earned ($0.15) earnings per share. View Instructure's Earnings History.

Instructure is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Instructure.

Instructure updated its FY19 earnings guidance on Monday, October, 28th. The company provided earnings per share guidance of ($0.56)-($0.53) for the period, compared to the Thomson Reuters consensus estimate of ($0.60). The company issued revenue guidance of $257.1-$258.1 million, compared to the consensus revenue estimate of $259.28 million.

12 equities research analysts have issued 12 month price objectives for Instructure's shares. Their forecasts range from $39.50 to $56.00. On average, they expect Instructure's stock price to reach $48.23 in the next year. This suggests a possible upside of 1.1% from the stock's current price. View Analyst Price Targets for Instructure.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Instructure in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Instructure.

Headlines about INST stock have been trending neutral recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog 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 0.2 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Instructure.

Instructure saw a drop in short interest in December. As of December 31st, there was short interest totalling 2,550,000 shares, a drop of 8.6% from the December 15th total of 2,790,000 shares. Based on an average trading volume of 862,100 shares, the days-to-cover ratio is currently 3.0 days. Approximately 7.7% of the company's shares are sold short. View Instructure's Current Options Chain.

Some companies that are related to Instructure include Nutanix (NTNX), Avalara (AVLR), National Instruments (NATI), Elastic (ESTC), SolarWinds (SWI), Cloudflare (NET), Nuance Communications (NUAN), Konami (KNMCY), RealPage (RP), Manhattan Associates (MANH), Smartsheet (SMAR), Cyberark Software (CYBR), Micro Focus International (MFGP), ACI Worldwide (ACIW) and LogMeIn (LOGM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Instructure investors own include Trade Desk (TTD), AT&T (T), Broadcom (AVGO), NVIDIA (NVDA), Micron Technology (MU), Magellan Midstream Partners (MMP), Paycom Software (PAYC), Shopify (SHOP), Simon Property Group (SPG) and Skyworks Solutions (SWKS).

(INST) raised $75 million in an IPO on Friday, November 13th 2015. The company issued 4,400,000 shares at a price of $16.00-$18.00 per share. Morgan Stanley, Goldman Sachs and Jefferies acted as the underwriters for the IPO and Needham, Oppenheimer and Raymond James were co-managers.

Instructure's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.18%), Carroll Financial Associates Inc. (0.00%) and Simon Quick Advisors LLC (0.00%). Company insiders that own Instructure stock include Daniel Tucker Goldsmith, Ellen Levy, Joshua L Coates, Kevin B Thompson, Marta Debellis, Matthew Kaminer, Mitch Macfarlane, Steven A Collins, Steven B Kaminsky and William M Conroy. View Institutional Ownership Trends for Instructure.

INST stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Carroll Financial Associates Inc. and Simon Quick Advisors LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of INST stock can currently be purchased for approximately $47.69.

Instructure has a market capitalization of $1.79 billion and generates $209.54 million in revenue each year. The technology company earns $-43,460,000.00 in net income (profit) each year or ($1.23) on an earnings per share basis. Instructure employs 1,219 workers across the globe.View Additional Information About Instructure.

The official website for Instructure is http://www.instructure.com/.

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]