Control4 Corp (NASDAQ:CTRL) has been assigned an average rating of “Hold” from the eleven analysts that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $33.00.
CTRL has been the subject of several recent analyst reports. BidaskClub cut shares of Control4 from a “hold” rating to a “sell” rating in a research report on Tuesday, October 9th. Zacks Investment Research cut shares of Control4 from a “buy” rating to a “hold” rating in a research report on Tuesday, November 13th. Imperial Capital reissued an “in-line” rating and issued a $32.00 price target on shares of Control4 in a research report on Wednesday, November 7th. Cowen set a $40.00 price target on shares of Control4 and gave the company a “buy” rating in a research report on Monday, September 10th. Finally, DA Davidson boosted their price target on shares of Control4 to $38.00 and gave the company a “buy” rating in a research report on Thursday, September 6th.
In other news, SVP Susan Cashen sold 7,071 shares of the company’s stock in a transaction dated Monday, September 17th. The shares were sold at an average price of $36.84, for a total value of $260,495.64. Following the completion of the sale, the senior vice president now directly owns 2,049 shares of the company’s stock, valued at $75,485.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Bryce Judd sold 2,844 shares of the company’s stock in a transaction dated Monday, November 19th. The shares were sold at an average price of $21.79, for a total transaction of $61,970.76. The disclosure for this sale can be found here. Over the last three months, insiders sold 39,127 shares of company stock valued at $988,874. 6.10% of the stock is owned by corporate insiders.
Shares of Control4 stock traded down $0.73 during trading on Monday, hitting $19.77. 277,646 shares of the stock were exchanged, compared to its average volume of 355,952. The stock has a market cap of $547.52 million, a P/E ratio of 26.36, a price-to-earnings-growth ratio of 1.90 and a beta of 0.27. Control4 has a 12-month low of $19.58 and a 12-month high of $37.62.
Control4 (NASDAQ:CTRL) last released its quarterly earnings data on Thursday, November 1st. The electronics maker reported $0.38 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.02. The business had revenue of $71.59 million during the quarter, compared to analysts’ expectations of $71.52 million. Control4 had a net margin of 7.22% and a return on equity of 14.94%. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.35 EPS. On average, sell-side analysts expect that Control4 will post 0.94 earnings per share for the current year.
Control4 Company Profile
Control4 Corp. engages in the provision of automation and control solutions. It offers networking systems to control lighting, entertainment, security, energy and other connected devices. The firm builds secure infrastructure to provide cloud-base services which includes remote customer system access.
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