Zacks: Brokerages Anticipate Intrusion Inc. (NASDAQ:INTZ) to Announce -$0.12 Earnings Per Share


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Wall Street analysts expect Intrusion Inc. (NASDAQ:INTZ) to announce earnings per share (EPS) of ($0.12) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Intrusion’s earnings, with the lowest EPS estimate coming in at ($0.16) and the highest estimate coming in at ($0.07). Intrusion reported earnings per share of ($0.04) during the same quarter last year, which suggests a negative year-over-year growth rate of 200%. The business is expected to issue its next quarterly earnings results on Thursday, May 13th.

According to Zacks, analysts expect that Intrusion will report full-year earnings of ($0.12) per share for the current fiscal year, with EPS estimates ranging from ($0.22) to ($0.01). For the next fiscal year, analysts forecast that the firm will report earnings of $0.88 per share, with EPS estimates ranging from $0.68 to $1.07. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Intrusion.

Intrusion (NASDAQ:INTZ) last released its quarterly earnings results on Thursday, February 25th. The company reported ($0.17) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.02. Intrusion had a negative return on equity of 179.98% and a negative net margin of 30.12%. The business had revenue of $1.58 million during the quarter, compared to analysts’ expectations of $1.55 million.

Several research firms recently issued reports on INTZ. Zacks Investment Research lowered Intrusion from a “hold” rating to a “sell” rating in a research note on Monday, March 1st. HC Wainwright initiated coverage on Intrusion in a research report on Tuesday, March 30th. They issued a “buy” rating and a $35.00 price target on the stock. Finally, B. Riley increased their price target on Intrusion from $17.00 to $30.00 and gave the company a “buy” rating in a research report on Thursday, January 14th.

INTZ traded up $0.76 during mid-day trading on Friday, hitting $28.00. 3,513 shares of the stock were exchanged, compared to its average volume of 217,277. The firm’s fifty day moving average is $23.07 and its two-hundred day moving average is $18.72. Intrusion has a 1-year low of $2.83 and a 1-year high of $29.90. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 0.19. The company has a market cap of $491.09 million, a PE ratio of -161.52 and a beta of 1.25.

In other Intrusion news, Director Dale Booth bought 4,800 shares of the business’s stock in a transaction dated Thursday, March 11th. The shares were acquired at an average price of $23.50 per share, with a total value of $112,800.00. Following the transaction, the director now owns 12,050 shares of the company’s stock, valued at $283,175. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, major shareholder Michael L. Paxton sold 4,005 shares of the firm’s stock in a transaction dated Monday, March 22nd. The stock was sold at an average price of $27.18, for a total value of $108,855.90. Following the sale, the insider now directly owns 1,565,956 shares in the company, valued at approximately $42,562,684.08. The disclosure for this sale can be found here. Insiders have sold a total of 42,005 shares of company stock worth $1,101,311 in the last three months. Corporate insiders own 27.67% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of INTZ. CWM LLC acquired a new stake in shares of Intrusion during the 4th quarter worth about $74,000. Financial Sense Advisors Inc. purchased a new position in Intrusion during the 4th quarter worth approximately $285,000. Institutional & Family Asset Management LLC purchased a new position in Intrusion during the 4th quarter worth approximately $178,000. BlackRock Inc. purchased a new position in Intrusion during the 4th quarter worth approximately $678,000. Finally, Perkins Capital Management Inc. purchased a new position in Intrusion during the 4th quarter worth approximately $1,066,000.

About Intrusion

Intrusion Inc develops, markets, and supports entity identification, high speed data mining, cybercrime and advanced persistent threat detection, regulated information compliance, and data privacy protection products in the United States. Its product portfolio comprises TraceCop, which includes a database of worldwide IP addresses that aid in the identification and location of individuals involved in cybercrime, and analysis software and a GUI interface to assist analysts in locating cybercriminals and other bad guys; and Savant, a high-speed network data mining product that organizes the data into networks of relationships and associations.

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