Equities research analysts expect Control4 Corp (NASDAQ:CTRL) to post earnings per share of $0.36 for the current quarter, Zacks reports. Four analysts have made estimates for Control4’s earnings. The lowest EPS estimate is $0.35 and the highest is $0.38. Control4 reported earnings per share of $0.35 in the same quarter last year, which suggests a positive year-over-year growth rate of 2.9%. The company is expected to announce its next quarterly earnings report on Thursday, November 1st.

According to Zacks, analysts expect that Control4 will report full-year earnings of $1.42 per share for the current year, with EPS estimates ranging from $1.40 to $1.44. For the next year, analysts forecast that the business will report earnings of $1.55 per share, with EPS estimates ranging from $1.45 to $1.77. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Control4.

Control4 (NASDAQ:CTRL) last issued its quarterly earnings data on Thursday, August 2nd. The electronics maker reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.21. The firm had revenue of $69.20 million during the quarter, compared to analysts’ expectations of $68.02 million. Control4 had a net margin of 7.21% and a return on equity of 15.03%. The business’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.32 earnings per share.

Several brokerages recently commented on CTRL. BidaskClub cut shares of Control4 from a “buy” rating to a “hold” rating in a report on Saturday, September 1st. Imperial Capital set a $32.00 target price on shares of Control4 and gave the stock an “outperform” rating in a report on Friday, August 3rd. Maxim Group restated a “buy” rating and set a $36.00 target price on shares of Control4 in a report on Friday, August 3rd. DA Davidson increased their target price on shares of Control4 to $38.00 and gave the stock a “buy” rating in a report on Thursday, September 6th. Finally, Needham & Company LLC increased their target price on shares of Control4 from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, August 3rd. Five analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $33.50.

Shares of NASDAQ CTRL opened at $35.04 on Friday. The company has a market cap of $885.42 million, a P/E ratio of 46.72, a PEG ratio of 3.17 and a beta of -0.10. Control4 has a 52-week low of $20.50 and a 52-week high of $37.62.

In related news, General Counsel Joshua D. Ellis sold 716 shares of the company’s stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $35.18, for a total value of $25,188.88. Following the transaction, the general counsel now directly owns 2,186 shares in the company, valued at $76,903.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Martin Plaehn sold 110,000 shares of the company’s stock in a transaction dated Thursday, August 9th. The shares were sold at an average price of $31.67, for a total transaction of $3,483,700.00. The disclosure for this sale can be found here. Insiders sold 551,039 shares of company stock worth $17,975,926 over the last three months. Insiders own 4.40% of the company’s stock.

Several hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC grew its stake in Control4 by 1,687.7% during the first quarter. Millennium Management LLC now owns 385,463 shares of the electronics maker’s stock worth $8,280,000 after buying an additional 363,901 shares in the last quarter. BlackRock Inc. grew its stake in Control4 by 9.9% during the second quarter. BlackRock Inc. now owns 3,280,943 shares of the electronics maker’s stock worth $79,760,000 after buying an additional 294,268 shares in the last quarter. Systematic Financial Management LP grew its stake in Control4 by 42.5% during the second quarter. Systematic Financial Management LP now owns 855,095 shares of the electronics maker’s stock worth $20,787,000 after buying an additional 255,140 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Control4 by 15.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,081,596 shares of the electronics maker’s stock worth $23,233,000 after buying an additional 142,699 shares in the last quarter. Finally, Barclays PLC grew its stake in Control4 by 1,065.7% during the first quarter. Barclays PLC now owns 122,805 shares of the electronics maker’s stock worth $2,638,000 after buying an additional 112,270 shares in the last quarter. Institutional investors and hedge funds own 79.40% of the company’s stock.

Control4 Company Profile

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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