Instructure Company Profile (NYSE:INST)

About Instructure (NYSE:INST)

Instructure logoInstructure, Inc. provides cloud-based learning management platform for academic institutions and companies across the world. The Company operates in the cloud-based learning management systems segment. The Company builds its learning management applications, Canvas 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 develops software that students, teachers and employees use to help achieve their education and learning goals. Its applications develop academic and corporate learning by providing a platform for instructors and learners, enabling frequent and open interactions, streamlining workflow, and allowing the creation and sharing of content. The Company's platform runs on a cloud-based architecture that enables users to teach, learn and engage across a range of application environments, operating systems, devices and locations.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Enterprise Software
  • Sub-Industry: N/A
  • Symbol: NYSE:INST
  • CUSIP: N/A
  • Web: www.instructure.com
Capitalization:
  • Market Cap: $1.02 billion
  • Outstanding Shares: 29,379,000
Average Prices:
  • 50 Day Moving Avg: $32.86
  • 200 Day Moving Avg: $28.85
  • 52 Week Range: $17.85 - $35.60
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -44.68
  • P/E Growth: -0.79
Sales & Book Value:
  • Annual Revenue: $133.71 million
  • Price / Sales: 7.66
  • Book Value: ($0.14) per share
  • Price / Book: -248.93
Profitability:
  • EBITDA: ($47,350,000.00)
  • Net Margins: -38.12%
  • Return on Equity: -827.22%
  • Return on Assets: -45.34%
Debt:
  • Current Ratio: 0.88%
  • Quick Ratio: 0.88%
Misc:
  • Average Volume: 280,303 shs.
  • Beta: 1.89
  • Short Ratio: 6.18
 

Frequently Asked Questions for Instructure (NYSE:INST)

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) released its quarterly earnings results on Monday, July, 31st. The company reported ($0.46) earnings per share for the quarter, beating the consensus estimate of ($0.50) by $0.04. The firm had revenue of $38 million for the quarter, compared to analysts' expectations of $37.09 million. Instructure had a negative return on equity of 827.22% and a negative net margin of 38.12%. The company's revenue was up 46.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.44) EPS. View Instructure's Earnings History.

When will Instructure make its next earnings announcement?

Instructure is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Instructure.

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

Instructure issued an update on its FY17 earnings guidance on Monday, July, 31st. The company provided earnings per share (EPS) guidance of ($1.26)-(1.23) for the period, compared to the Thomson Reuters consensus EPS estimate of ($1.27). The company issued revenue guidance of $152.9-154.1 million, compared to the consensus revenue estimate of $151.70 million.Instructure also updated its Q3 guidance to ($0.32)-(0.30) EPS.

Where is Instructure's stock going? Where will Instructure's stock price be in 2017?

7 brokerages have issued 12 month price objectives for Instructure's stock. Their predictions range from $29.00 to $39.00. On average, they expect Instructure's share price to reach $36.14 in the next year. View Analyst Ratings for Instructure.

What are 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. " (10/4/2017)
  • 2. Jefferies Group LLC analysts commented, "4Q results topped Street estimates, and rev reaccelerated, after a slight miss/ disappointing guidance in 3Q. 2017 guidance was raised modestly and above the Street. We believe the adjusted bar, which implies only modest new business growth in 2017, is attainable, with baseline growth in the academic LMS market and continued traction in the corporate and int'l markets. INST plans to announce other HCM products, which will expand its TAM." (2/7/2017)
  • 3. Needham & Company LLC analysts commented, "We reiterate our Strong Buy on Instructure after reporting very good 4Q results with better than expected margin leverage and Y/Y billings growth in line with expectations. 4Q sales commentary added several new themes to the INST thesis including strong international traction in Australia and LATAM with Moodle displacements, a Higher Ed customer purchasing both Canvas and Bridge, and better than expected Bridge commentary. We continue to believe FY17 will be a transformational year for Instructure's operating model as commentary on domestic Canvas sales coverage reaches nearly 100% saturation levels which should drive higher than guided operating margin leverage in FY17. We also believe the recent incremental traction with Bridge could drive incremental upside to current FY18 estimates if recent sales success is sustained." (2/7/2017)
  • 4. UBS AG analysts commented, "Instructure reported a very solid 4Q:2016, in our assessment, with results mostly above consensus, and with the business showing upper echelon SaaS industry growth trends (40%+) across the leading indicators (subscription revenues, deferred revenue, billings, subscription billings, backlog). The 4Q:2016 strength looks broad- based (Ed-Tech, corporate, international) and included a strong quarter for adding Bridge logos. Bottom line: Instructure’s results and business momentum clearly rebounded to finish 2016, which should support a higher valuation, with INST reflecting a 35%+ recurring revenue growth business that’s currently trading <3x sales. We believe as management's execution stays the course in upcoming quarterly reported results, it should lead to increasing investor recognition around INST's valuation multiples, and over time, help narrow a sizable valuation gap between peers and the SaaS industry average (~3x vs. ~4x EV/2018E revenue)."" (2/7/2017)

Who are some of Instructure's key competitors?

Who are Instructure's key executives?

Instructure's management team includes the folowing people:

  • Joshua L. Coates, Chief Executive Officer, Director
  • Steven B. Kaminsky, Chief Financial Officer
  • Mitchell E. Macfarlane, Chief Operating Officer
  • Marc T. Maloy, Executive Vice President Worldwide Sales
  • Matthew A. Kaminer, Senior Vice President, General Counsel and Secretary
  • Steven Alan Collins, Independent Director
  • William M. Conroy, Independent Director
  • Ellen Levy, Independent Director
  • Jim Steele, Independent Director
  • Kevin B. Thompson, Independent Director

When did Instructure IPO?

(INST) raised $75 million in an initial public offering (IPO) 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 acted as the underwriters for the IPO and Needham, Oppenheimer and Raymond James were co-managers.

Who owns Instructure stock?

Instructure's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.08%). Company insiders that own Instructure stock include Adam D Marcus, Affiliates Fund Lp Openview II, Byron B Deeter, Ellen Levy, Epic Venture Fund Iv, Llc, Joshua L Coates, 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.

Who sold Instructure stock? Who is selling Instructure stock?

Instructure's stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have sold Instructure stock in the last year include Affiliates Fund Lp Openview II, 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 Insider Buying and Selling for Instructure.

How do I buy Instructure stock?

Shares of Instructure 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 Instructure's stock price today?

One share of Instructure stock can currently be purchased for approximately $34.85.


MarketBeat Community Rating for Instructure (NYSE INST)
Community Ranking:  3.4 out of 5 (star star star)
Outperform Votes:  163 (Vote Outperform)
Underperform Votes:  80 (Vote Underperform)
Total Votes:  243
MarketBeat's community ratings are surveys of what our community members think about Instructure 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.

Analyst Ratings

Consensus Ratings for Instructure (NYSE:INST) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 6 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.14)
Consensus Price Target: $36.14 (3.71% upside)
Consensus Price Target History for Instructure (NYSE:INST)
Price Target History for Instructure (NYSE:INST)
Analysts' Ratings History for Instructure (NYSE:INST)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017Oppenheimer Holdings, Inc.Reiterated RatingBuy$38.00N/AView Rating Details
10/1/2017Needham & Company LLCReiterated RatingBuy$39.00MediumView Rating Details
9/18/2017Morgan StanleyUpgradeEqual Weight -> Overweight$35.00 -> $39.00HighView Rating Details
8/1/2017Jefferies Group LLCBoost Price TargetBuy$30.00 -> $37.00HighView Rating Details
7/27/2017First AnalysisBoost Price TargetOverweight$34.00 -> $38.00LowView Rating Details
6/26/2017SunTrust Banks, Inc.Initiated CoverageBuy$33.00LowView Rating Details
3/16/2017Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$28.00 -> $29.00HighView Rating Details
8/3/2016Barrington ResearchBoost Price TargetOutperform$25.00 -> $30.00N/AView Rating Details
12/8/2015Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$25.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Instructure (NYSE:INST)
Earnings by Quarter for Instructure (NYSE:INST)
Earnings History by Quarter for Instructure (NYSE INST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017($0.31)N/AView Earnings Details
7/31/2017Q2 2017($0.50)($0.46)$37.09 million$38.00 millionViewN/AView Earnings Details
5/1/2017Q1 2017($0.37)($0.33)$32.96 million$34.00 millionViewListenView Earnings Details
2/6/2017Q416($0.43)($0.35)$30.77 million$31.55 millionViewListenView Earnings Details
10/31/2016Q316($0.51)($0.34)$30.28 million$30.10 millionViewListenView Earnings Details
8/1/2016Q216($0.52)($0.44)$24.31 million$25.89 millionViewN/AView Earnings Details
5/4/2016Q116($0.48)($0.50)$22.39 million$23.30 millionViewN/AView Earnings Details
2/9/2016Q415($0.57)($0.43)$20.80 million$21.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Instructure (NYSE:INST)
Current Year EPS Consensus Estimate: $-1.24 EPS
Next Year EPS Consensus Estimate: $-0.78 EPS

Dividends

Dividend History for Instructure (NYSE:INST)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Instructure (NYSE:INST)
Insider Ownership Percentage: 62.50%
Institutional Ownership Percentage: 78.33%
Insider Trades by Quarter for Instructure (NYSE:INST)
Institutional Ownership by Quarter for Instructure (NYSE:INST)
Insider Trades by Quarter for Instructure (NYSE:INST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/16/2017William M ConroyDirectorSell8,000$33.94$271,520.00View SEC Filing  
10/2/2017Marc T MaloyEVPSell2,000$33.52$67,040.00View SEC Filing  
9/7/2017Mitch MacfarlaneCOOSell7,650$30.12$230,418.00View SEC Filing  
9/1/2017Marc T MaloyEVPSell2,000$29.66$59,320.00View SEC Filing  
8/22/2017Matthew KaminerSVPSell2,000$31.36$62,720.00View SEC Filing  
8/7/2017Steven A CollinsDirectorSell3,000$30.64$91,920.00View SEC Filing  
8/1/2017Marc T MaloyEVPSell2,000$31.70$63,400.00View SEC Filing  
7/17/2017William M ConroyDirectorSell8,000$29.59$236,720.00View SEC Filing  
7/13/2017Steven B KaminskyCFOSell10,000$30.00$300,000.00View SEC Filing  
7/3/2017Marc T MaloyEVPSell2,000$29.11$58,220.00View SEC Filing  
5/8/2017Marc T MaloyEVPSell3,000$25.21$75,630.00View SEC Filing  
5/4/2017Steven B KaminskyCFOSell17,781$24.59$437,234.79View SEC Filing  
5/2/2017William M ConroyDirectorSell8,000$25.00$200,000.00View SEC Filing  
3/17/2017Marc T MaloyEVPSell2,000$25.03$50,060.00View SEC Filing  
3/17/2017William M ConroyDirectorSell8,000$25.01$200,080.00View SEC Filing  
3/16/2017Affiliates Fund Lp Openview IIMajor ShareholderSell19,900$24.73$492,127.00View SEC Filing  
3/2/2017Marc T MaloyEVPSell3,333$23.28$77,592.24View SEC Filing  
2/9/2017Steven A CollinsDirectorSell2,000$23.56$47,120.00View SEC Filing  
2/8/2017Epic Venture Fund Iv, LlcMajor ShareholderSell417,000$23.04$9,607,680.00View SEC Filing  
2/1/2017Affiliates Fund Lp Openview IIMajor ShareholderSell60,000$21.92$1,315,200.00View SEC Filing  
1/20/2017Zions Sbic LlcMajor ShareholderSell125,326$21.90$2,744,639.40View SEC Filing  
1/6/2017Zions Sbic LlcMajor ShareholderSell20,000$20.53$410,600.00View SEC Filing  
12/7/2016Zions Sbic LlcMajor ShareholderSell63,233$19.92$1,259,601.36View SEC Filing  
12/5/2016Zions Sbic LlcMajor ShareholderSell18,276$20.01$365,702.76View SEC Filing  
11/11/2016Joshua L CoatesCEOBuy5,500$18.80$103,400.00View SEC Filing  
11/7/2016Epic Venture Fund Iv, LlcMajor ShareholderSell30,204$20.48$618,577.92View SEC Filing  
11/3/2016Joshua L CoatesCEOBuy10,000$19.76$197,600.00View SEC Filing  
11/3/2016Matthew KaminerSVPBuy1,601$19.79$31,683.79View SEC Filing  
10/26/2016Epic Venture Fund Iv, LlcMajor ShareholderSell40,000$26.68$1,067,200.00View SEC Filing  
10/21/2016Epic Venture Fund Iv, LlcMajor ShareholderSell80,000$25.60$2,048,000.00View SEC Filing  
10/17/2016Marc T MaloyEVPSell2,000$24.22$48,440.00View SEC Filing  
10/7/2016Epic Venture Fund Iv, LlcMajor ShareholderSell4,558$24.73$112,719.34View SEC Filing  
10/3/2016Steven B KaminskyCFOSell2,000$25.20$50,400.00View SEC Filing  
9/28/2016Epic Venture Fund Iv, LlcMajor ShareholderSell17,772$25.59$454,785.48View SEC Filing  
9/16/2016Affiliates Fund Lp Openview IIMajor ShareholderSell98,150$24.09$2,364,433.50View SEC Filing  
9/15/2016Marc T MaloyEVPSell2,000$23.79$47,580.00View SEC Filing  
9/8/2016Adam D MarcusDirectorSell45,900$24.25$1,113,075.00View SEC Filing  
9/6/2016Adam D MarcusDirectorSell72,844$24.06$1,752,626.64View SEC Filing  
9/2/2016Marc T MaloyEVPSell414$23.95$9,915.30View SEC Filing  
9/2/2016Matthew KaminerSVPSell389$24.02$9,343.78View SEC Filing  
9/2/2016Steven B KaminskyCFOSell534$23.97$12,799.98View SEC Filing  
8/31/2016Byron B DeeterDirectorSell8,798$23.85$209,832.30View SEC Filing  
8/25/2016Adam D MarcusDirectorSell27,484$24.09$662,089.56View SEC Filing  
8/15/2016Affiliates Fund Lp Openview IIMajor ShareholderSell123,604$24.28$3,001,105.12View SEC Filing  
8/15/2016Marc T MaloyEVPSell2,000$23.98$47,960.00View SEC Filing  
8/8/2016Steven A CollinsDirectorSell2,000$23.60$47,200.00View SEC Filing  
8/2/2016Steven B KaminskyCFOSell2,000$25.00$50,000.00View SEC Filing  
7/15/2016Marc T MaloyEVPSell2,000$20.58$41,160.00View SEC Filing  
6/15/2016Marc T MaloyEVPSell2,000$18.00$36,000.00View SEC Filing  
6/2/2016Marc T MaloyEVPSell408$18.10$7,384.80View SEC Filing  
6/2/2016Steven B KaminskyCFOSell535$18.08$9,672.80View SEC Filing  
5/26/2016Marc T MaloyEVPSell2,000$17.88$35,760.00View SEC Filing  
5/23/2016Joshua L CoatesCEOBuy10,000$16.97$169,700.00View SEC Filing  
2/29/2016Joshua L CoatesCEOBuy14,000$14.17$198,380.00View SEC Filing  
11/18/2015Ellen LevyDirectorBuy4,687$16.00$74,992.00View SEC Filing  
11/18/2015Joshua L CoatesCEOBuy125,000$16.00$2,000,000.00View SEC Filing  
11/18/2015Marc T MaloyEVPBuy6,250$16.00$100,000.00View SEC Filing  
11/18/2015Matthew KaminerSVPBuy12,500$16.00$200,000.00View SEC Filing  
11/18/2015Steven B KaminskyCFOBuy15,625$16.00$250,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

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Instructure (INST) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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