Equities analysts expect Control4 Corp (NASDAQ:CTRL) to report earnings of $0.35 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Control4’s earnings. The highest EPS estimate is $0.36 and the lowest is $0.33. Control4 reported earnings of $0.31 per share during the same quarter last year, which indicates a positive year over year growth rate of 12.9%. The firm is scheduled to report its next quarterly earnings results on Thursday, February 8th.

According to Zacks, analysts expect that Control4 will report full-year earnings of $1.14 per share for the current fiscal year, with EPS estimates ranging from $1.13 to $1.15. For the next year, analysts expect that the firm will post earnings of $1.25 per share, with EPS estimates ranging from $1.18 to $1.30. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Control4.

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

CTRL has been the topic of several recent analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $27.00 target price (up previously from $25.00) on shares of Control4 in a research report on Monday, September 11th. UBS Group cut Control4 from an “outperform” rating to a “market perform” rating in a research report on Friday, November 3rd. Zacks Investment Research cut Control4 from a “buy” rating to a “hold” rating in a research report on Monday, October 9th. BidaskClub cut Control4 from a “buy” rating to a “hold” rating in a research report on Thursday, December 7th. Finally, Cowen set a $30.00 target price on Control4 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Five analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $25.50.

In related news, SVP Eric Anderson sold 14,384 shares of the company’s stock in a transaction that occurred on Friday, December 28th. The stock was sold at an average price of $30.54, for a total value of $439,287.36. Following the sale, the senior vice president now owns 17,388 shares in the company, valued at approximately $531,029.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Martin Plaehn sold 117,137 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $33.02, for a total value of $3,867,863.74. Following the completion of the sale, the chief executive officer now owns 169,257 shares in the company, valued at approximately $5,588,866.14. The disclosure for this sale can be found here. In the last 90 days, insiders sold 389,534 shares of company stock worth $12,639,835. Insiders own 6.10% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its stake in Control4 by 638.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 729,785 shares of the electronics maker’s stock valued at $14,311,000 after buying an additional 630,921 shares in the last quarter. Stifel Financial Corp purchased a new stake in Control4 in the 3rd quarter valued at approximately $12,680,000. Dimensional Fund Advisors LP lifted its stake in Control4 by 100.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 802,857 shares of the electronics maker’s stock valued at $15,744,000 after buying an additional 402,208 shares in the last quarter. Renaissance Technologies LLC lifted its stake in Control4 by 38.3% in the 2nd quarter. Renaissance Technologies LLC now owns 850,400 shares of the electronics maker’s stock valued at $16,676,000 after buying an additional 235,700 shares in the last quarter. Finally, Principal Financial Group Inc. purchased a new stake in Control4 in the 3rd quarter valued at approximately $4,540,000. Institutional investors and hedge funds own 77.34% of the company’s stock.

Control4 (NASDAQ CTRL) traded up $0.15 during midday trading on Monday, reaching $31.16. The company’s stock had a trading volume of 515,400 shares, compared to its average volume of 490,500. Control4 has a 52 week low of $10.60 and a 52 week high of $35.99. The firm has a market cap of $768.29, a PE ratio of 58.79, a price-to-earnings-growth ratio of 2.55 and a beta of -0.51.

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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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