InnerWorkings (INWK) Receives a Hold from Barrington
Barrington analyst Kevin Steinke maintained a Hold rating on InnerWorkings (INWK) today. The company’s shares opened today at $3.84, close to its 52-week low of $3.12.
According to TipRanks.com, Steinke is a 1-star analyst with an average return of -3.3% and a 42.6% success rate. Steinke covers the Services sector, focusing on stocks such as Cross Country Healthcare, Echo Global Logistics, and Heidrick & Struggles.
InnerWorkings has an analyst consensus of Hold.
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Based on InnerWorkings’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $29.26 million. In comparison, last year the company had a net profit of $1.5 million.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INWK in relation to earlier this year.
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InnerWorkings, Inc. engages in creation, production and distribution of marketing and promotional materials signage and displays, retail experiences events and promotions, and product packaging. It operates in two segments: North America and International. The North America segment includes operations in the United States and Canada.