Published On: Mon, May 9th, 2016
Uncategorized | By Sylvia Delisle

InnerWorkings, Inc. (NASDAQ:INWK) Expected To Report Earnings On Monday

Analysts await InnerWorkings, Inc. (NASDAQ:INWK) to report earnings on May, 09 for the fiscal quarter ending Mar 2016.

They expect $0.03 EPS, up 0% or $0 from last year’s $0.03 per share.

At the moment 5 analysts are watching InnerWorkings, Inc. (NASDAQ:INWK), 1 rate it “Buy”, 3 “Outperform”, 1 “Underperform”, 0 “Sell”, while 0 “Hold”.

Looking forward, for the quarter ending Jun-16, 5 analysts have a mean sales target of 262.72 million. For the quarter ending Sep-16, 5 analysts have a mean sales target of 279.54 million whilst for the year ending Dec-16, 5 analysts have a mean target of 1,074.07 million.

In terms of earnings per share, 5 analysts have a 0.05 EPS mean target for the quarter ending Jun-16, for the quarter ending Sep-16, 5 analysts have a 0.13 EPS mean target and for the quarter ending Sep-16 there are 5 estimates of 0.31 EPS.

The biggest institutional shareholders in InnerWorkings, Inc. include Sagard Capital Partners Management CORP which owns 7 million shares in the company valued at $56.00 million. Riverbridge Partners LLC is the second biggest holder with 4 million shares currently valued at 29.07 million whilst Rutabaga Capital Management Llc has 3 million shares valued at 25.56 million.

Total shares held by institutions as of the most recent company filings are 45,631,554 with a reported 1,571,752 bought and 2,167,018 sold. These holdings make up 84.11% of the company’s outstanding shares.

Currently insiders hold 2,893,661 shares in the business which makes up 5.34% of shares. The biggest holder currently is Heise Richard A Jr who owns 434,173 shares (0.80% of those outstanding), whilst Joseph M. Busky holds 412,265 (0.76% of shares outstanding) and Eric D. Belcher holds 396,687 (0.73% of shares outstanding).

The stock increased 1.01% or $0.08 during the last trading session, hitting $8.03. InnerWorkings, Inc. (NASDAQ:INWK) has risen 1.37% over the past 6 months and is uptrending.

Receive News & Ratings Via Email


Enter your email address below to get the latest news and analysts' ratings for your stocks with MarketBeat's FREE daily email newsletter:


Navigation