Intapp (INTA) to Release Earnings on Tuesday

Intapp (NASDAQ:INTA) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Intapp (NASDAQ:INTA) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.08. Intapp had a negative net margin of 4.74% and a negative return on equity of 2.08%. The firm had revenue of $118.81 million during the quarter, compared to the consensus estimate of $117.88 million. During the same quarter in the previous year, the firm posted ($0.20) earnings per share. The company’s revenue was up 17.0% on a year-over-year basis. On average, analysts expect Intapp to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intapp Stock Performance

Intapp stock opened at $67.62 on Tuesday. The company has a 50 day moving average price of $65.20 and a 200-day moving average price of $52.09. Intapp has a fifty-two week low of $30.36 and a fifty-two week high of $72.82. The company has a market capitalization of $5.23 billion, a PE ratio of -233.17 and a beta of 0.73.

Analysts Set New Price Targets

Several brokerages recently issued reports on INTA. Raymond James reissued a “market perform” rating on shares of Intapp in a report on Friday, January 3rd. Citigroup reissued a “neutral” rating and set a $78.00 price objective (down from $87.00) on shares of Intapp in a report on Thursday, January 16th. Piper Sandler reissued an “overweight” rating and set a $60.00 price objective (up from $46.00) on shares of Intapp in a report on Tuesday, November 5th. Barclays lifted their price target on shares of Intapp from $44.00 to $48.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 5th. Finally, Stifel Nicolaus lifted their price target on shares of Intapp from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, Intapp has an average rating of “Moderate Buy” and an average price target of $63.36.

Insider Transactions at Intapp

In related news, COO Donald F. Coleman sold 35,778 shares of the business’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $54.23, for a total transaction of $1,940,240.94. Following the completion of the transaction, the chief operating officer now directly owns 668,239 shares in the company, valued at $36,238,600.97. The trade was a 5.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John T. Hall sold 70,986 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $68.83, for a total transaction of $4,885,966.38. Following the transaction, the chief executive officer now owns 5,026,096 shares of the company’s stock, valued at $345,946,187.68. This represents a 1.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 402,624 shares of company stock worth $24,954,154. Company insiders own 13.02% of the company’s stock.

Intapp Company Profile

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.