Analysts expect InnerWorkings, Inc. (NASDAQ:INWK) to post earnings per share (EPS) of $0.13 for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for InnerWorkings’ earnings. The lowest EPS estimate is $0.12 and the highest is $0.14. InnerWorkings posted earnings of $0.12 per share during the same quarter last year, which suggests a positive year over year growth rate of 8.3%. The business is expected to issue its next earnings report on Thursday, February 22nd.

On average, analysts expect that InnerWorkings will report full year earnings of $0.49 per share for the current financial year, with EPS estimates ranging from $0.48 to $0.49. For the next fiscal year, analysts forecast that the firm will post earnings of $0.57 per share, with EPS estimates ranging from $0.54 to $0.61. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow InnerWorkings.

InnerWorkings (NASDAQ:INWK) last posted its earnings results on Tuesday, November 7th. The business services provider reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. InnerWorkings had a return on equity of 9.53% and a net margin of 2.04%. The firm had revenue of $288.40 million for the quarter, compared to analyst estimates of $289.82 million. During the same quarter in the prior year, the company earned $0.11 EPS. InnerWorkings’s revenue was up 3.0% on a year-over-year basis.

INWK has been the subject of several analyst reports. Zacks Investment Research upgraded InnerWorkings from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a report on Friday, January 12th. Dougherty & Co started coverage on InnerWorkings in a report on Tuesday, October 31st. They set a “buy” rating and a $14.00 price objective for the company. Finally, Lake Street Capital started coverage on InnerWorkings in a report on Monday, October 2nd. They set a “buy” rating and a $14.00 price objective for the company. One research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $13.40.

Large investors have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd purchased a new position in InnerWorkings in the 2nd quarter valued at about $550,000. Stifel Financial Corp bought a new position in shares of InnerWorkings during the second quarter worth about $7,623,000. Vanguard Group Inc. lifted its position in shares of InnerWorkings by 4.6% during the second quarter. Vanguard Group Inc. now owns 3,669,795 shares of the business services provider’s stock worth $42,570,000 after purchasing an additional 160,330 shares during the last quarter. Swiss National Bank lifted its position in shares of InnerWorkings by 21.6% during the second quarter. Swiss National Bank now owns 82,200 shares of the business services provider’s stock worth $954,000 after purchasing an additional 14,600 shares during the last quarter. Finally, Gotham Asset Management LLC bought a new position in shares of InnerWorkings during the second quarter worth about $251,000. 80.53% of the stock is owned by institutional investors.

Shares of InnerWorkings (NASDAQ INWK) traded up $0.20 on Friday, reaching $10.19. The company’s stock had a trading volume of 278,489 shares, compared to its average volume of 262,292. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.86 and a quick ratio of 1.63. The firm has a market cap of $572.26, a P/E ratio of 24.85, a PEG ratio of 1.30 and a beta of 1.68. InnerWorkings has a 52 week low of $9.08 and a 52 week high of $12.03.

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InnerWorkings Company Profile

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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