Analysts Set Innovative Solutions and Support, Inc. (NASDAQ:ISSC) PT at $16.25

Shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSC) have received an average rating of “Strong Buy” from the six analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation, one has issued a buy recommendation and four have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $16.25.

A number of analysts recently weighed in on ISSC shares. Northland Securities started coverage on shares of Innovative Solutions and Support in a report on Friday, November 21st. They set an “outperform” rating and a $16.50 target price for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Innovative Solutions and Support in a research report on Thursday. Craig Hallum started coverage on Innovative Solutions and Support in a research note on Friday, December 5th. They set a “buy” rating and a $16.00 price objective for the company. Jones Trading raised Innovative Solutions and Support to a “strong-buy” rating in a research report on Monday, January 5th. Finally, Wall Street Zen raised Innovative Solutions and Support from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of Innovative Solutions and Support by 589.9% during the third quarter. Bank of America Corp DE now owns 9,113 shares of the aerospace company’s stock valued at $114,000 after acquiring an additional 7,792 shares during the period. Matauro LLC acquired a new position in Innovative Solutions and Support in the 3rd quarter worth approximately $125,000. Quantbot Technologies LP purchased a new position in Innovative Solutions and Support during the 3rd quarter worth approximately $160,000. American Century Companies Inc. raised its stake in Innovative Solutions and Support by 21.9% during the 2nd quarter. American Century Companies Inc. now owns 12,386 shares of the aerospace company’s stock valued at $172,000 after purchasing an additional 2,228 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in Innovative Solutions and Support during the 3rd quarter valued at $180,000. 28.53% of the stock is currently owned by institutional investors and hedge funds.

Innovative Solutions and Support Price Performance

Shares of NASDAQ ISSC opened at $20.50 on Friday. Innovative Solutions and Support has a twelve month low of $5.30 and a twelve month high of $22.60. The company has a current ratio of 3.04, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34. The firm has a 50-day moving average of $15.40 and a two-hundred day moving average of $13.61. The company has a market capitalization of $363.88 million, a price-to-earnings ratio of 23.56 and a beta of 0.67.

Innovative Solutions and Support Company Profile

Innovative Solutions and Support, Inc (NASDAQ: ISSC) is a provider of technology solutions and mission support services to U.S. federal government agencies, with a focus on defense, intelligence, and national security programs. The company delivers integrated program management, systems engineering, and advanced IT infrastructure support designed to enhance operational readiness and maintain secure, scalable environments for mission-critical operations.

Its core service offerings include systems integration, custom software development, data analytics, cybersecurity, and logistics management.