Control4 Corp. (CTRL) Trading 2.2% Higher
Control4 Corp. (NASDAQ:CTRL) traded up 2.2% on Thursday . The stock traded as high as $11.29 and last traded at $11.29, with a volume of 70,246 shares trading hands. The stock had previously closed at $11.05.
Several equities research analysts recently weighed in on the stock. TheStreet upgraded shares of Control4 Corp. from a “sell” rating to a “hold” rating in a research note 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 target price for the company in a research note on Wednesday, July 20th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Control4 Corp. in a research note on Friday, June 10th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $8.55.
The stock has a 50-day moving average of $9.99 and a 200-day moving average of $8.47. The firm has a market capitalization of $266.32 million and a PE ratio of 35.61.
Control4 Corp. (NASDAQ:CTRL) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.05. The business earned $53.20 million during the quarter, compared to the consensus estimate of $50.44 million. During the same period in the previous year, the business posted $0.16 earnings per share. Control4 Corp.’s revenue was up 19.3% compared to the same quarter last year. On average, equities research analysts expect that Control4 Corp. will post $0.74 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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