Among 7 analysts covering Control4 (NASDAQ:CTRL), 2 have Buy rating, 0 Sell and 5 Hold.
Shares are trading at $22.57 just a bit higher than the 50 day moving average which is $21.33 and a tad above the 200 day moving average of $17.04. Imperial Capital boosted their price objective on shares of Control4 Corporation from $16.00 to $19.00 and gave the stock an "in-line" rating in a report on Monday, May 15th.
05/08/2017 - Control4 Corporation had its "in-line" rating reiterated by analysts at Imperial Capital. Zacks Investment Research cut shares of Control4 Corporation from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 10th.
Last time, the company shocked Wall Street by reporting EPS of $0.32, smashing the consensus of $0.23 per share. Control4 Corporation presently has an average rating of "Buy" and a consensus price target of $20.63.
Equity analyst Imperial Capital both downgraded the stock and lowered the price target on May 4 cutting the price target from $19.00 to $11.00 and altering the rating from "Outperform" to "In-line".
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In other Control4 Corporation news, Director Robert Born sold 2,356 shares of the business's stock in a transaction that occurred on Tuesday, August 8th. Development sold $560,319 worth of shares at an average price of $19.98 on June 5th. Renaissance Technologies LLC now owns 614,700 shares of the electronics maker's stock valued at $9,706,000 after buying an additional 354,000 shares during the period. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Shares saw a steep increase in trading volume of 38.18% over the normal average daily volume. CFO Mark Novakovich sold 568 shares at an average price of $18.15 on Friday the 19th. The disclosure for this sale can be found here. Insiders have sold a total of 36,168 shares of company stock valued at $718,042 over the last three months. Following the completion of the sale, the insider now directly owns 26,795 shares in the company, valued at $477,218.95.
Institutional investors own 75.12% of the company's stock. American Century Companies Inc now controls 99,759 shares valued at $1,956,000. Legal & General Group Plc increased its position in Control4 Corporation by 11.7% in the second quarter. The firm owned 20,000 shares of the electronics maker's stock at the end of the second quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Control4 Corporation by 110.7% in the first quarter. As of quarter end American Century Companies Inc had acquired 43,846 shares growing its holdings by 78.4%. LLC purchased a new position in Control4 Corporation during the first quarter valued at approximately $884,000. Renaissance Technologies LLC now owns 260,700 shares of the electronics maker's stock worth $2,659,000 after buying an additional 93,000 shares in the last quarter. Finally, Two Sigma Investments LP increased its stake in Control4 Corporation by 64.9% in the fourth quarter. UBS Group AG now owns 7,727 shares of the electronics maker's stock worth $122,000 after buying an additional 458 shares in the last quarter.
Shares of Control4 Corporation (NASDAQ:CTRL) traded up 2.73% during midday trading on Wednesday, reaching $23.74. These shares are worth $53,128 and were traded at $22.55 each. The 50 day moving average went up by +5.84% and the 200 day average went up by +32.45%. Control4 Corporation has a 12-month low of $8.50 and a 12-month high of $24.94. The company's P/E ratio is 82.81 and the market cap is 566.42M.
Control4 Corporation (NASDAQ:CTRL) last released its quarterly earnings results on Thursday, August 3rd. The electronics maker reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.09. The firm had revenue of $61.40 million for the quarter, compared to analyst estimates of $60.70 million. During the same quarter in the previous year, the firm earned $0.23 earnings per share. Next quarter's EPS is forecasted at $0.34 and the next full year EPS is anticipated to be $1.16. Control4 Corporation (NASDAQ:CTRL) notched a 12-month high of $23.67 while $26.00 target is by far the most aggressive out of analysts who are now evaluating CTRL, $2.33 higher than the next highest 52-week price estimate.