Internet Initiative Japan, Inc. Forecasted to Earn FY2018 Earnings of $0.41 Per Share (IIJI)
Internet Initiative Japan, Inc. (NASDAQ:IIJI) – Equities research analysts at Jefferies Group dropped their FY2018 EPS estimates for shares of Internet Initiative Japan in a report issued on Wednesday. Jefferies Group analyst H. Sato now forecasts that the communications equipment provider will post earnings of $0.41 per share for the year, down from their prior forecast of $0.42. Jefferies Group also issued estimates for Internet Initiative Japan’s FY2019 earnings at $0.48 EPS and FY2020 earnings at $0.54 EPS.
IIJI has been the topic of a number of other research reports. TheStreet raised Internet Initiative Japan from a “c+” rating to a “b-” rating in a research report on Monday, October 23rd. Zacks Investment Research lowered Internet Initiative Japan from a “hold” rating to a “sell” rating in a research report on Wednesday, September 27th.
Shares of Internet Initiative Japan (IIJI) traded down $0.12 during trading on Thursday, hitting $9.45. 9,905 shares of the company were exchanged, compared to its average volume of 2,085. The company has a current ratio of 1.60, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $906.19, a price-to-earnings ratio of 29.39, a P/E/G ratio of 1.15 and a beta of 0.65. Internet Initiative Japan has a fifty-two week low of $6.70 and a fifty-two week high of $10.50.
Internet Initiative Japan Company Profile
Internet Initiative Japan Inc (IIJ) is an Internet service provider (ISP) in Japan that offers Internet connectivity services for both enterprises and consumers. The Company provides Internet connectivity services, wide area network (WAN) services, outsourcing services, systems integration and equipment sales as total network solutions to Japanese corporate clients and governmental organizations.
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