IntraLinks Holdings Inc. (IL) Trading Up 1.7%
Shares of IntraLinks Holdings Inc. (NYSE:IL) were up 1.7% during trading on Tuesday . The stock traded as high as $9.20 and last traded at $9.15, with a volume of 194,946 shares trading hands. The stock had previously closed at $9.00.
Several analysts have recently commented on IL shares. Zacks Investment Research upgraded IntraLinks Holdings from a “hold” rating to a “strong-buy” rating and set a $8.75 target price for the company in a research note on Friday, May 6th. Craig Hallum raised shares of IntraLinks Holdings from a “hold” rating to a “buy” rating and set a $9.00 price target on the stock in a research report on Thursday, August 4th. Finally, B. Riley reaffirmed a “buy” rating and issued a $17.50 price target on shares of IntraLinks Holdings in a research report on Saturday, August 6th.
The firm’s 50-day moving average is $7.25 and its 200 day moving average is $7.65. The firm’s market cap is $521.28 million.
IntraLinks Holdings (NYSE:IL) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by $0.17. The firm had revenue of $73 million for the quarter, compared to analysts’ expectations of $72.81 million. During the same quarter last year, the firm posted $0.01 EPS. The firm’s revenue was up 5.8% on a year-over-year basis. Equities analysts expect that IntraLinks Holdings Inc. will post $0.20 earnings per share for the current year.
Intralinks Holdings, Inc is a technology provider of software-as-a-service (SaaS) solutions for secure enterprise content collaboration within and among organizations. The Company’s cloud-based solutions enable organizations to manage, control, track, search, exchange and collaborate on sensitive information inside and outside the firewall.
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