BidaskClub upgraded shares of Control4 (NASDAQ:CTRL) from a strong sell rating to a sell rating in a research note released on Monday, February 4th.
CTRL has been the subject of several other research reports. Imperial Capital set a $24.00 price target on shares of Control4 and gave the company a hold rating in a report on Tuesday, November 6th. Raymond James lowered shares of Control4 from an outperform rating to a market perform rating in a research note on Tuesday, January 15th. ValuEngine downgraded shares of Control4 from a hold rating to a sell rating in a report on Friday, November 2nd. Cowen set a $30.00 price target on shares of Control4 and gave the stock a buy rating in a report on Sunday, November 18th. Finally, Zacks Investment Research upgraded shares of Control4 from a hold rating to a buy rating and set a $20.00 target price for the company in a research report on Thursday, January 3rd. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $28.13.
Shares of NASDAQ:CTRL traded down $0.09 during trading on Monday, reaching $17.92. 217,115 shares of the stock traded hands, compared to its average volume of 665,568. Control4 has a 52-week low of $15.59 and a 52-week high of $37.62. The stock has a market cap of $475.24 million, a price-to-earnings ratio of 18.67, a PEG ratio of 2.45 and a beta of 0.88.
Control4 (NASDAQ:CTRL) last released its quarterly earnings results on Monday, February 4th. The electronics maker reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.02. The firm had revenue of $72.50 million during the quarter, compared to analysts’ expectations of $73.07 million. Control4 had a net margin of 16.09% and a return on equity of 14.53%. The firm’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.40 EPS. On average, sell-side analysts forecast that Control4 will post 0.68 EPS for the current year.
In other news, SVP Susan Cashen sold 5,022 shares of Control4 stock in a transaction on Monday, December 17th. The shares were sold at an average price of $18.10, for a total value of $90,898.20. Following the transaction, the senior vice president now directly owns 5,022 shares of the company’s stock, valued at approximately $90,898.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Bryce Judd sold 3,342 shares of Control4 stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $17.83, for a total transaction of $59,587.86. Following the completion of the transaction, the senior vice president now owns 8,844 shares in the company, valued at $157,688.52. The disclosure for this sale can be found here. Insiders sold 26,630 shares of company stock valued at $486,682 in the last quarter. 4.40% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Flinton Capital Management LLC purchased a new position in Control4 in the 4th quarter worth approximately $31,000. Neuburgh Advisers LLC acquired a new position in shares of Control4 during the fourth quarter valued at $37,000. Harvest Fund Management Co. Ltd bought a new position in Control4 during the third quarter valued at about $129,000. Stratos Wealth Partners LTD. acquired a new position in shares of Control4 in the 3rd quarter valued at $139,000. Finally, NumerixS Investment Technologies Inc boosted its position in shares of Control4 by 866.7% in the 4th quarter. NumerixS Investment Technologies Inc now owns 5,800 shares of the electronics maker’s stock valued at $100,000 after purchasing an additional 5,200 shares during the period. 84.65% of the stock is owned by institutional investors.
Control4 Corporation provides smart home and business solutions in the United States, Canada, and internationally. The company offers Control4 solution that functions as the operating system of the home, integrating audio, video, lighting, temperature, security, communications, and other devices into a unified automation solution.
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