Equities analysts expect InnerWorkings, Inc. (NASDAQ:INWK) to announce earnings per share (EPS) of $0.13 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for InnerWorkings’ earnings, with the highest EPS estimate coming in at $0.14 and the lowest estimate coming in at $0.12. InnerWorkings posted earnings per share of $0.12 in the same quarter last year, which suggests a positive year over year growth rate of 8.3%. The firm is expected to issue its next earnings report after the market closes on Tuesday, February 27th.
According to Zacks, analysts expect that InnerWorkings will report full-year earnings of $0.49 per share for the current fiscal year, with EPS estimates ranging from $0.48 to $0.49. For the next year, analysts expect that the business will report earnings of $0.57 per share, with EPS estimates ranging from $0.54 to $0.61. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for InnerWorkings.
A number of equities research analysts have recently weighed in on INWK shares. Zacks Investment Research upgraded shares of InnerWorkings from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a report on Friday, January 12th. Dougherty & Co started coverage on shares of InnerWorkings in a report on Tuesday, October 31st. They issued a “buy” rating and a $14.00 price objective for the company. One investment analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $13.40.
Shares of InnerWorkings (NASDAQ INWK) traded up $0.06 on Wednesday, hitting $8.87. 285,785 shares of the stock were exchanged, compared to its average volume of 252,767. The company has a market cap of $488.18, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 1.17 and a beta of 1.65. The company has a current ratio of 1.86, a quick ratio of 1.63 and a debt-to-equity ratio of 0.51. InnerWorkings has a 1 year low of $8.19 and a 1 year high of $12.03.
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InnerWorkings, Inc is a marketing execution company. The Company’s software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities of its supplier network, as well as detailed pricing data. The Company’s segments include North America and International.
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