Control4 Corp. (CTRL) Reaches New 12-Month High at $11.03
Control4 Corp. (NASDAQ:CTRL) hit a new 52-week high during trading on Thursday . The stock traded as high as $11.03 and last traded at $11.00, with a volume of 421,903 shares. The stock had previously closed at $10.95.
Several equities research analysts have commented on the stock. Imperial Capital dropped their price target on shares of Control4 Corp. from $11.00 to $8.50 and set an “in-line” rating on the stock in a research report on Friday. TheStreet upgraded shares of Control4 Corp. from a “sell” rating to a “hold” rating in a research report on Monday, August 1st. Zacks Investment Research upgraded shares of Control4 Corp. from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a research report on Wednesday, July 20th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Control4 Corp. in a research report on Friday, June 10th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Control4 Corp. has an average rating of “Hold” and a consensus target price of $8.55.
The firm has a 50-day moving average price of $8.88 and a 200 day moving average price of $8.04. The company has a market cap of $258.16 million and a PE ratio of 34.52.
Control4 Corp. (NASDAQ:CTRL) last announced its earnings results on Thursday, August 4th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.18 by $0.05. The business had revenue of $53.20 million for the quarter, compared to the consensus estimate of $50.44 million. Control4 Corp.’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.16 EPS. Equities analysts expect that Control4 Corp. will post $0.74 earnings per share for the current fiscal year.
Control4 Corporation (Control4) is a provider of automation and control solutions for the connected home. The Company provides its consumers with the ability to integrate audio, video, lighting, temperature, security, communications and other functionalities into a unified home-automation solution. The Company’s solution functions as the operating system of the home, making connected devices work together to control, automate and personalize the homes and businesses of its consumers.
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