Intapp (NASDAQ:INTA) Updates FY25 Earnings Guidance

Intapp (NASDAQ:INTA) updated its FY25 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $0.73-0.77 for the period, compared to the consensus estimate of $0.62. The company issued revenue guidance of $495.5-499.5 million, compared to the consensus revenue estimate of $495.78 million. Intapp also updated its FY 2025 guidance to 0.730-0.770 EPS.

Analysts Set New Price Targets

A number of research firms have recently weighed in on INTA. Oppenheimer restated a “market perform” rating on shares of Intapp in a report on Monday, July 8th. Barclays restated an “equal weight” rating and issued a $44.00 target price on shares of Intapp in a report on Monday, October 7th. Citigroup boosted their price objective on shares of Intapp from $52.00 to $63.00 and gave the stock a “buy” rating in a research note on Wednesday, September 25th. Stifel Nicolaus boosted their target price on shares of Intapp from $45.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, September 23rd. Finally, UBS Group lifted their price objective on Intapp from $49.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, August 14th. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $50.00.

Intapp Trading Up 1.5 %

INTA stock traded up $0.72 during trading hours on Monday, hitting $50.22. 733,204 shares of the stock were exchanged, compared to its average volume of 639,786. Intapp has a 12 month low of $30.36 and a 12 month high of $51.80. The company has a 50-day simple moving average of $47.64 and a two-hundred day simple moving average of $39.79. The firm has a market capitalization of $3.87 billion, a P/E ratio of -111.60 and a beta of 0.64.

Intapp (NASDAQ:INTA) last issued its quarterly earnings results on Tuesday, August 13th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The company had revenue of $114.38 million for the quarter, compared to analysts’ expectations of $111.58 million. Intapp had a negative return on equity of 5.36% and a negative net margin of 7.44%. Intapp’s revenue was up 20.9% on a year-over-year basis. During the same quarter last year, the business earned ($0.14) earnings per share. On average, equities research analysts predict that Intapp will post -0.15 earnings per share for the current year.

Insider Transactions at Intapp

In other news, insider Thad Jampol sold 31,666 shares of the stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $49.09, for a total value of $1,554,483.94. Following the completion of the sale, the insider now owns 772,412 shares of the company’s stock, valued at approximately $37,917,705.08. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, insider Michele Murgel sold 1,252 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $50.00, for a total transaction of $62,600.00. Following the transaction, the insider now directly owns 152,702 shares of the company’s stock, valued at $7,635,100. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Thad Jampol sold 31,666 shares of the firm’s stock in a transaction dated Thursday, September 19th. The shares were sold at an average price of $49.09, for a total transaction of $1,554,483.94. Following the completion of the transaction, the insider now directly owns 772,412 shares in the company, valued at approximately $37,917,705.08. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 151,239 shares of company stock worth $7,360,981. Insiders own 13.02% of the company’s stock.

About Intapp

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; collaboration and content solutions, including Intapp documents, an engagement-centric document management system, and Intapp workspaces; risk and compliance management solutions, such as Intapp conflicts, Intapp intake, Intapp terms, Intapp walls, and Intapp employee compliance; and operational and financial management solutions comprising Intapp Billstream, a cloud-based automated proforma invoice solution, Intapp time, and Intapp terms.