Intapp (INTA) to Release Earnings on Tuesday

Intapp (NASDAQ:INTA) is expected to be posting its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Intapp to post earnings of $0.17 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

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

Intapp Price Performance

NASDAQ:INTA opened at $67.62 on Tuesday. The firm has a market capitalization of $5.23 billion, a price-to-earnings ratio of -233.17 and a beta of 0.73. Intapp has a one year low of $30.36 and a one year high of $72.82. The business has a fifty day moving average price of $65.20 and a 200-day moving average price of $52.09.

Analyst Ratings Changes

A number of brokerages have issued reports on INTA. Truist Financial increased their price target on Intapp from $55.00 to $77.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Citigroup reiterated a “neutral” rating and issued a $78.00 price target (down previously from $87.00) on shares of Intapp in a research note on Thursday, January 16th. Stifel Nicolaus increased their price target on Intapp from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Raymond James restated a “market perform” rating on shares of Intapp in a research report on Friday, January 3rd. Finally, Barclays raised their price objective on Intapp from $44.00 to $48.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 5th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Intapp presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.36.

Insider Activity at Intapp

In other Intapp news, insider Thad Jampol sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $61.85, for a total value of $1,237,000.00. Following the completion of the sale, the insider now owns 828,197 shares of the company’s stock, valued at $51,223,984.45. This trade represents a 2.36 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Donald F. Coleman sold 35,778 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $54.23, for a total transaction of $1,940,240.94. Following the completion of the sale, the chief operating officer now directly owns 668,239 shares of the company’s stock, valued at approximately $36,238,600.97. The trade was a 5.08 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 402,624 shares of company stock valued at $24,954,154. 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.