Control4 Corporation (CTRL) Earning Somewhat Positive News Coverage, Accern Reports
Media coverage about Control4 Corporation (NASDAQ:CTRL) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Control4 Corporation earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media coverage about the electronics maker an impact score of 45.8689071766034 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Control4 Named CES 2018 Innovation Awards Honoree For When >> Then Automation (thestreet.com)
- Control4 Named CES 2018 Innovation Awards Honoree for When >> Then Automation – Business Wire (press release) (businesswire.com)
- Control4 Announces Participation in the Southwest IDEAS Investor Conference (finance.yahoo.com)
- Control4 Named CES 2018 Innovation Awards Honoree for When >> Then Automation (finance.yahoo.com)
- Martin Plaehn Sells 222,000 Shares of Control4 Corporation (CTRL) Stock (americanbankingnews.com)
Control4 Corporation (NASDAQ:CTRL) traded up $0.27 during midday trading on Friday, reaching $31.84. 523,800 shares of the company’s stock traded hands, compared to its average volume of 489,376. The firm has a market cap of $797.66, a price-to-earnings ratio of 48.57, a price-to-earnings-growth ratio of 3.08 and a beta of -0.57. Control4 Corporation has a 52 week low of $10.08 and a 52 week high of $34.10.
Control4 Corporation (NASDAQ:CTRL) last posted its quarterly earnings results on Thursday, November 2nd. The electronics maker reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.20. The company had revenue of $64.70 million for the quarter, compared to analyst estimates of $63.59 million. Control4 Corporation had a net margin of 5.96% and a return on equity of 11.63%. The business’s quarterly revenue was up 17.2% on a year-over-year basis. During the same period last year, the business posted $0.26 EPS. equities research analysts forecast that Control4 Corporation will post 0.68 earnings per share for the current year.
A number of research firms recently issued reports on CTRL. Needham & Company LLC reiterated a “buy” rating and issued a $25.00 target price (up from $22.00) on shares of Control4 Corporation in a research note on Wednesday, August 9th. Maxim Group restated a “hold” rating and issued a $33.00 price target on shares of Control4 Corporation in a research report on Friday, November 3rd. Cowen and Company set a $30.00 price target on shares of Control4 Corporation and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Control4 Corporation from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a research report on Wednesday. Finally, BidaskClub upgraded shares of Control4 Corporation from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 12th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Control4 Corporation currently has an average rating of “Buy” and an average price target of $25.50.
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In other news, SVP Susan Cashen sold 1,768 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $22.87, for a total transaction of $40,434.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Martin Plaehn sold 117,137 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $33.02, for a total transaction of $3,867,863.74. Following the transaction, the chief executive officer now directly owns 169,257 shares of the company’s stock, valued at $5,588,866.14. The disclosure for this sale can be found here. Insiders have sold a total of 345,327 shares of company stock valued at $11,168,839 over the last ninety days. 6.10% of the stock is owned by insiders.
About Control4 Corporation
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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