News articles about InnerWorkings (NASDAQ:INWK) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. InnerWorkings earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 46.1676946891995 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of InnerWorkings (INWK) traded down 1.82% during mid-day trading on Monday, hitting $10.76. The stock had a trading volume of 196,805 shares. The company’s 50 day moving average price is $11.29 and its 200 day moving average price is $11.04. InnerWorkings has a 12-month low of $8.07 and a 12-month high of $12.03. The stock has a market cap of $575.84 million, a P/E ratio of 31.28 and a beta of 1.61.
InnerWorkings (NASDAQ:INWK) last posted its earnings results on Monday, August 7th. The business services provider reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.01. The business had revenue of $279.53 million for the quarter, compared to analyst estimates of $282.62 million. InnerWorkings had a net margin of 1.76% and a return on equity of 8.84%. The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.11 EPS. Equities research analysts predict that InnerWorkings will post $0.48 EPS for the current fiscal year.
A number of research analysts have commented on the company. Zacks Investment Research upgraded InnerWorkings from a “sell” rating to a “hold” rating in a research note on Wednesday, October 11th. Lake Street Capital assumed coverage on InnerWorkings in a research note on Monday, October 2nd. They set a “buy” rating and a $14.00 price target on the stock. Finally, BidaskClub cut InnerWorkings from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $14.00.
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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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