Dougherty & Co Comments on IntriCon Co.’s Q1 2018 Earnings (IIN)

IntriCon Co. (NASDAQ:IIN) – Equities researchers at Dougherty & Co issued their Q1 2018 earnings per share estimates for IntriCon in a research note issued on Tuesday. Dougherty & Co analyst R. Ryan forecasts that the technology company will post earnings of $0.06 per share for the quarter. Dougherty & Co also issued estimates for IntriCon’s FY2018 earnings at $0.62 EPS.

A number of other equities research analysts have also issued reports on the company. TheStreet raised IntriCon from a “c” rating to a “b-” rating in a research report on Wednesday, November 8th. Zacks Investment Research lowered IntriCon from a “buy” rating to a “hold” rating in a research report on Wednesday. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. IntriCon presently has a consensus rating of “Hold” and a consensus price target of $17.00.

Shares of IntriCon (NASDAQ IIN) opened at $19.75 on Wednesday. The company has a quick ratio of 0.54, a current ratio of 1.45 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $124.67, a price-to-earnings ratio of 64.82, a PEG ratio of 1.51 and a beta of 0.12. IntriCon has a twelve month low of $6.05 and a twelve month high of $24.00.

IntriCon (NASDAQ:IIN) last announced its quarterly earnings data on Monday, February 12th. The technology company reported $0.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.01. The business had revenue of $22.23 million during the quarter. IntriCon had a return on equity of 10.82% and a net margin of 2.04%.

In other news, VP Michael Geraci sold 2,737 shares of the business’s stock in a transaction on Monday, November 27th. The stock was sold at an average price of $17.60, for a total transaction of $48,171.20. Following the sale, the vice president now directly owns 22,011 shares of the company’s stock, valued at $387,393.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 21.40% of the stock is owned by insiders.

A number of large investors have recently bought and sold shares of IIN. EAM Investors LLC raised its position in IntriCon by 185.6% during the fourth quarter. EAM Investors LLC now owns 138,873 shares of the technology company’s stock valued at $2,750,000 after buying an additional 90,253 shares during the period. Algert Global LLC raised its position in IntriCon by 165.7% during the fourth quarter. Algert Global LLC now owns 87,059 shares of the technology company’s stock valued at $1,724,000 after buying an additional 54,299 shares during the period. Renaissance Technologies LLC raised its position in IntriCon by 21.5% during the fourth quarter. Renaissance Technologies LLC now owns 288,600 shares of the technology company’s stock valued at $5,714,000 after buying an additional 51,000 shares during the period. Essex Investment Management Co. LLC acquired a new position in IntriCon during the third quarter valued at $267,000. Finally, Prescott Group Capital Management L.L.C. acquired a new position in IntriCon in the 4th quarter worth about $366,000. 31.45% of the stock is currently owned by hedge funds and other institutional investors.

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About IntriCon

IntriCon Corporation is engaged in designing, developing, engineering, manufacturing and distributing body-worn devices. The Company operates through body-worn device segment. The Company serves the body-worn device market by designing, developing, engineering and manufacturing micro-miniature products, microelectronics, micro-mechanical assemblies, complete assemblies and software solutions, primarily for the value hearing health market, the medical bio-telemetry market and the professional audio communication market.

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