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Control4 Corp (NASDAQ:CTRL) has been given an average recommendation of “Buy” by the eight analysts that are presently covering the stock, AnalystRatings.NET reports. Seven equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $23.83.

A number of research firms have recently commented on CTRL. Analysts at Needham & Company LLC cut their price target on shares of Control4 Corp from $23.00 to $20.00 in a research note on Friday. They now have a “buy” rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Control4 Corp from $25.00 to $18.00 in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of Control4 Corp in a research note on Tuesday, May 6th. They now have a $25.00 price target on the stock.

Shares of Control4 Corp (NASDAQ:CTRL) traded down 8.34% on Friday, hitting $15.4075. 338,815 shares of the company’s stock traded hands. Control4 Corp has a 52 week low of $13.77 and a 52 week high of $32.50. The stock has a 50-day moving average of $18.40 and a 200-day moving average of $19.92. The company has a market cap of $365.2 million and a P/E ratio of 100.66.

Control4 Corp (NASDAQ:CTRL) last announced its earnings results on Thursday, July 31st. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.02. The company had revenue of $36.66 million for the quarter, compared to the consensus estimate of $37.47 million. During the same quarter in the prior year, the company posted $0.08 earnings per share. The company’s quarterly revenue was up 12.7% on a year-over-year basis. Analysts expect that Control4 Corp will post $0.47 EPS for the current fiscal year.

Control4 Corporation is a provider of automation and control solutions for the connected home. The Company provides its consumers with the ability to integrate music, video, lighting, temperature, security, communications and other functionalities into a unified home automation solution.

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