Instructure Company Profile (NYSE:INST)

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

Instructure, Inc. (NYSE:INST) announced its quarterly earnings data on Monday, May, 1st. The company reported ($0.33) earnings per share for the quarter, beating the consensus estimate of ($0.37) by $0.04. The firm had revenue of $34 million for the quarter, compared to analyst estimates of $32.96 million. Instructure had a negative net margin of 43.24% and a negative return on equity of 385.77%. The business's quarterly revenue was up 45.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.42) earnings per share. View Instructure's Earnings History.

Instructure is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Instructure.

Instructure issued an update on its FY17 earnings guidance on Monday, May, 1st. The company provided EPS guidance of ($1.29)-(1.26) for the period, compared to the Thomson Reuters consensus estimate of ($1.31). The company issued revenue guidance of $150.7-152.2 million, compared to the consensus revenue estimate of $150.36 million.Instructure also updated its Q2 guidance to ($0.36)-(0.34) EPS.

7 equities research analysts have issued 12 month target prices for Instructure's shares. Their predictions range from $29.00 to $39.00. On average, they expect Instructure's share price to reach $33.14 in the next year. View Analyst Ratings for Instructure.

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. " (7/5/2017)
• 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)

Some companies that are related to Instructure include Envestnet (ENV), Q2 Holdings (QTWO), Luxoft Holding (LXFT), AppFolio (APPF), Talend S.A. (TLND), Benefitfocus (BNFT), Varonis Systems (VRNS), PROS Holdings (PRO), Mitel Networks Corporation (MITL), Fidessa Group plc (FDSA), Hortonworks (HDP), Apptio (APTI), Workiva (WK), Sapiens International Corporation N.V. (SPNS), Upland Software (UPLD), Xactly Corp (XTLY), QAD (QADA) and QAD (QADB).

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

(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.

Instructure's stock is owned by many different of institutional and retail investors. Top institutional investors include Gagnon Securities LLC (0.65%), Hamilton Lane Advisors LLC (0.56%), Gagnon Advisors LLC (0.39%), Spark Investment Management LLC (0.28%), Kornitzer Capital Management Inc. KS (0.24%) and Strs Ohio (0.09%). 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, Steven A Collins, Steven B Kaminsky, William M Conroy and Zions Sbic Llc. View Institutional Ownership Trends for Instructure.

Instructure's stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS and Spark Investment Management LLC. Company insiders that have sold Instructure stock in the last year include Adam D Marcus, Affiliates Fund Lp Openview II, Byron B Deeter, Epic Venture Fund Iv, Llc, Marc T Maloy, Matthew Kaminer, Steven A Collins, Steven B Kaminsky, William M Conroy and Zions Sbic Llc. View Insider Buying and Selling for Instructure.

Instructure's stock was acquired by a variety of institutional investors in the last quarter, including Gagnon Securities LLC, Gagnon Advisors LLC, Hamilton Lane Advisors LLC, Strs Ohio and Russell Investments Group Ltd.. Company insiders that have bought Instructure stock in the last two years include Ellen Levy, Joshua L Coates, Marc T Maloy, Matthew Kaminer and Steven B Kaminsky. View Insider Buying and Selling for Instructure.

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.

One share of Instructure stock can currently be purchased for approximately $31.00.