$-0.03 EPS Expected for iPass Inc. (IPAS)

July 27, 2018 - By Vernon Prom

iPass Inc. (NASDAQ:IPAS) LogoInvestors sentiment increased to 1.33 in Q1 2018. Its up 0.57, from 0.76 in 2017Q4. It is positive, as 4 investors sold iPass Inc. shares while 5 reduced holdings. 6 funds opened positions while 6 raised stakes. 10.75 million shares or 2.97% more from 10.44 million shares in 2017Q4 were reported.
23,735 were reported by Guggenheim Ltd Liability Com. Jacobs Levy Equity Mngmt reported 452,065 shares or 0% of all its holdings. Morgan Stanley holds 0% or 61 shares in its portfolio. Manatuck Hill Prtnrs Limited Company invested in 450,000 shares. Susquehanna Intl Llp holds 26,934 shares or 0% of its portfolio. Bank Of Mellon Corp has invested 0% of its portfolio in iPass Inc. (NASDAQ:IPAS). Northern Tru reported 134,197 shares. 99,900 are owned by Bridgeway Mngmt Incorporated. Geode Capital Limited Liability reported 0% in iPass Inc. (NASDAQ:IPAS). California Public Employees Retirement Sys holds 351,470 shares or 0% of its portfolio. Eidelman Virant holds 0.16% of its portfolio in iPass Inc. (NASDAQ:IPAS) for 650,000 shares. State Street Corp has invested 0% in iPass Inc. (NASDAQ:IPAS). Nomura Holding reported 82,452 shares. Renaissance Tech Limited Liability holds 3.29M shares or 0% of its portfolio. Creative Planning holds 30,000 shares.

Analysts expect iPass Inc. (NASDAQ:IPAS) to report $-0.03 EPS on August, 1.They anticipate $0.05 EPS change or 62.50 % from last quarter’s $-0.08 EPS. After having $-0.06 EPS previously, iPass Inc.’s analysts see -50.00 % EPS growth. The stock decreased 3.09% or $0.0114 during the last trading session, reaching $0.3576. About 97,204 shares traded. iPass Inc. (NASDAQ:IPAS) has declined 71.59% since July 27, 2017 and is downtrending. It has underperformed by 84.16% the S&P500.

iPass Inc. (NASDAQ:IPAS) Ratings Coverage

Among 2 analysts covering iPass (NASDAQ:IPAS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. iPass has $2.0 highest and $1.25 lowest target. $1.63’s average target is 355.82% above currents $0.3576 stock price. iPass had 3 analyst reports since February 22, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, July 19 by Maxim Group. Maxim Group maintained it with “Buy” rating and $2.0 target in Thursday, February 22 report. Roth Capital maintained iPass Inc. (NASDAQ:IPAS) on Friday, March 23 with “Buy” rating.

iPass Inc. provides mobile connectivity that enables Wi-Fi access on various mobile devices in the United States and internationally. The company has market cap of $26.01 million. The firm offers mobile connectivity services that provide cloud solution allowing clients and their users access to its Wi-Fi network to stay connected to the people and information. It currently has negative earnings. It offers business to business mobile connectivity solutions to large and small enterprises, as well as to strategic partnerships comprising original equipment manufacturers, loyalty programs, software product and service providers, and communication companies; and iPass SmartConnect that takes the guesswork out of Wi-Fi automatically connecting clients to the hotspot for their needs.

Another recent and important iPass Inc. (NASDAQ:IPAS) news was published by Nasdaq.com which published an article titled: “iPass to Report Second Quarter 2018 Financial Results on August 8” on July 24, 2018.

iPass Inc. (NASDAQ:IPAS) Institutional Positions Chart

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