Brokerages predict that Control4 Corporation (NASDAQ:CTRL) will report $0.35 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Control4’s earnings. The highest EPS estimate is $0.36 and the lowest is $0.33. Control4 reported earnings per share of $0.31 during the same quarter last year, which would indicate a positive year over year growth rate of 12.9%. The firm is scheduled to issue its next quarterly earnings report on Thursday, February 8th.

On average, analysts expect that Control4 will report full year earnings of $1.14 per share for the current year, with EPS estimates ranging from $1.13 to $1.15. For the next fiscal year, analysts anticipate that the company will post earnings of $1.25 per share, with EPS estimates ranging from $1.18 to $1.30. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover Control4.

Control4 (NASDAQ:CTRL) last announced its quarterly earnings data on Thursday, November 2nd. The electronics maker reported $0.35 EPS for the quarter, beating the consensus estimate of $0.15 by $0.20. Control4 had a net margin of 5.96% and a return on equity of 11.63%. The business had revenue of $64.70 million during the quarter, compared to the consensus estimate of $63.59 million. During the same period in the previous year, the business earned $0.26 earnings per share. The company’s revenue was up 17.2% on a year-over-year basis.

A number of analysts have weighed in on the stock. UBS cut shares of Control4 from an “outperform” rating to a “market perform” rating in a research note on Friday, November 3rd. Cowen set a $30.00 target price on shares of Control4 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Maxim Group reaffirmed a “hold” rating and set a $33.00 target price on shares of Control4 in a research note on Friday, November 3rd. Zacks Investment Research raised shares of Control4 from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research note on Wednesday, November 8th. Finally, BidaskClub cut shares of Control4 from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 22nd. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $25.50.

Shares of Control4 (CTRL) traded down $0.39 on Tuesday, reaching $30.44. 625,919 shares of the company’s stock traded hands, compared to its average volume of 495,632. Control4 has a 1-year low of $10.08 and a 1-year high of $35.99. The firm has a market capitalization of $766.30, a P/E ratio of 50.28, a P/E/G ratio of 3.19 and a beta of -0.51.

In related news, Director Jeremy A. Jaech sold 12,801 shares of the business’s stock in a transaction on Monday, November 27th. The shares were sold at an average price of $34.48, for a total value of $441,378.48. Following the sale, the director now owns 31,002 shares of the company’s stock, valued at $1,068,948.96. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Martin Plaehn sold 222,000 shares of the business’s stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $32.25, for a total transaction of $7,159,500.00. Following the completion of the sale, the chief executive officer now directly owns 169,257 shares in the company, valued at approximately $5,458,538.25. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 360,766 shares of company stock worth $11,761,260. Insiders own 6.10% of the company’s stock.

Several institutional investors have recently modified their holdings of the stock. Alps Advisors Inc. grew its stake in shares of Control4 by 0.3% in the second quarter. Alps Advisors Inc. now owns 32,663 shares of the electronics maker’s stock worth $641,000 after purchasing an additional 84 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Control4 by 0.4% in the second quarter. First Trust Advisors LP now owns 34,166 shares of the electronics maker’s stock worth $670,000 after purchasing an additional 142 shares during the last quarter. UBS Group AG grew its stake in shares of Control4 by 6.3% in the first quarter. UBS Group AG now owns 7,727 shares of the electronics maker’s stock worth $122,000 after purchasing an additional 458 shares during the last quarter. Legal & General Group Plc grew its stake in shares of Control4 by 11.7% in the second quarter. Legal & General Group Plc now owns 5,506 shares of the electronics maker’s stock worth $107,000 after purchasing an additional 577 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in Control4 by 10.8% in the second quarter. Bank of Montreal Can now owns 14,768 shares of the electronics maker’s stock valued at $290,000 after buying an additional 1,436 shares during the period. 77.34% of the stock is currently owned by institutional investors.

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About Control4

Control4 Corporation (Control4) is a provider of smart home and business solutions. The Company’s smart home and small business solutions provide consumers with the ability to integrate audio, video, lighting, temperature, security, communications, network management and other functionalities into a unified automation solution, customized to match their lifestyles and business needs.

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