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 K?12 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 K?12 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
SymbolNYSE:INST
CUSIPN/A
Phone800-203-6755
Debt
Debt-to-Equity RatioN/A
Current Ratio1.85
Quick Ratio1.85
Price-To-Earnings
Trailing P/E Ratio-26.10
Forward P/E Ratio-28.40
P/E GrowthN/A
Sales & Book Value
Annual Sales$158.81 million
Price / Sales9.94
Cash FlowN/A
Price / CashN/A
Book Value$0.15 per share
Price / Book306.67
Profitability
EPS (Most Recent Fiscal Year)($1.72)
Net Income$-49,820,000.00
Net Margins-28.33%
Return on Equity-162.98%
Return on Assets-30.84%
Miscellaneous
Employees1,140
Outstanding Shares34,330,000
Market Cap$1,544.71
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) posted its quarterly earnings results on Monday, April, 30th. The technology company reported ($0.21) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.23) by $0.02. The technology company had revenue of $47.99 million for the quarter, compared to the consensus estimate of $47.12 million. Instructure had a negative return on equity of 162.98% and a negative net margin of 28.33%. The company's revenue for the quarter was up 39.2% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.33) 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 updated its FY18 earnings guidance on Monday, April, 30th. The company provided earnings per share (EPS) guidance of (0.94-0.88) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.98). The company issued revenue guidance of $204.5-209.5 million, compared to the consensus revenue estimate of $207.51 million.Instructure also updated its Q2 guidance to (0.27-0.25) EPS.
What price target have analysts set for INST?
11 Wall Street analysts have issued 1-year price objectives for Instructure's shares. Their predictions range from $38.00 to $55.00. On average, they expect Instructure's share price to reach $45.50 in the next year. This suggests that the stock has a possible downside of 1.1%. View Analyst Ratings for Instructure.
What is the consensus analysts' recommendation for Instructure?
11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Instructure in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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. " (7/4/2018)
- 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)
Are investors shorting Instructure?
Instructure saw a increase in short interest in June. As of June 29th, there was short interest totalling 1,634,512 shares, an increase of 67.4% from the June 15th total of 976,155 shares. Based on an average daily trading volume, of 452,790 shares, the short-interest ratio is presently 3.6 days. Currently, 5.4% of the company's stock are short sold. View Instructure's Current Options Chain.
Who are some of Instructure's key competitors?
Some companies that are related to Instructure include New Relic (NEWR), SINA (SINA), MuleSoft (MULE), Twilio (TWLO), National Instruments (NATI), Okta (OKTA), LogMeIn (LOGM), Blackbaud (BLKB), BlackBerry (BB), 2U (TWOU), HubSpot (HUBS), Medidata Solutions (MDSO), RealPage (RP), Ceridian HCM (CDAY) and Nuance Communications (NUAN).
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, CFO & Principal Accounting Officer (Age 59)
- Mr. Matthew A. Kaminer, Sr. VP, Gen. Counsel & Sec. (Age 44)
- Mr. Dan Goldsmith, Pres
- Mr. Keaton Godfrey, Mang. of Investor Relations
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.
Has Instructure been receiving favorable news coverage?
Media coverage about INST stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Instructure earned a media sentiment score of 0.19 on Accern's scale. They also gave press coverage about the technology company an impact score of 44.74 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Instructure's major shareholders?
Instructure's stock is owned by many different of institutional and retail investors. Top institutional investors include Xact Kapitalforvaltning AB (0.02%), Evanson Asset Management LLC (0.02%) and Atria Investments LLC (0.01%). 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.
Which major investors are buying Instructure stock?
INST stock was acquired by a variety of institutional investors in the last quarter, including Xact Kapitalforvaltning AB, Evanson Asset Management LLC and Atria Investments LLC. Company insiders that have bought Instructure stock in the last two years include Joshua L Coates and Matthew Kaminer. 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 $46.00.
How big of a company is Instructure?
Instructure has a market capitalization of $1.54 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.
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.
