Shares of Control4 Corp. (NASDAQ:CTRL) were down 2.4% during trading on Friday . The company traded as low as $8.37 and last traded at $8.40, with a volume of 68,946 shares. The stock had previously closed at $8.61.

A number of analysts have recently commented on CTRL shares. Zacks Investment Research upgraded shares of Control4 Corp. from a “hold” rating to a “buy” rating and set a $9.75 price target for the company in a research note on Wednesday. Needham & Company LLC reiterated a “hold” rating on shares of Control4 Corp. in a research note on Friday, June 10th. Six investment analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average price target of $8.55.

The stock’s 50 day moving average is $8.16 and its 200 day moving average is $7.68. The firm has a market capitalization of $195.16 million and a P/E ratio of 22.05.

Control4 Corp. (NASDAQ:CTRL) last announced its quarterly earnings data on Thursday, May 5th. The company reported $0.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.05. During the same period in the previous year, the business earned ($0.05) earnings per share. The company earned $43 million during the quarter, compared to analysts’ expectations of $39.30 million. The business’s revenue for the quarter was up 34.0% compared to the same quarter last year. Equities research analysts predict that Control4 Corp. will post $0.69 EPS 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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