Media stories about Control4 (NASDAQ:CTRL) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Control4 earned a news impact score of 0.12 on Accern’s scale. Accern also gave media stories about the electronics maker an impact score of 45.1295051631412 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- How to Enjoy Greater Net Gains With Network Monitoring (securitysales.com)
- EPS for WisdomTree Investments, Inc. (WETF) Expected At $0.08; Control4 (CTRL)’s Sentiment Is 1.09 (mtastar.com)
- How To Find Great Growth Stocks: Learn To Spot The Flat Base, A Bullish Chart Pattern (finance.yahoo.com)
- Retail Properties of America, Inc. (RPAI) Analysts See $0.24 EPS; Sanctuary Wealth Advisors Has Cut Its Control4 Com … (mtastar.com)
- Global Smart Home System Market Share 2018 Control4 Corporation, Schneider Electric, Emerson Electric, ABB and … (themobileherald.com)
CTRL stock traded up $0.43 during midday trading on Thursday, hitting $22.10. The company’s stock had a trading volume of 105,973 shares, compared to its average volume of 520,835. The stock has a market capitalization of $567.78, a PE ratio of 29.31, a price-to-earnings-growth ratio of 2.57 and a beta of -0.31. Control4 has a 12 month low of $15.05 and a 12 month high of $35.99.
Control4 (NASDAQ:CTRL) last released its quarterly earnings data on Thursday, February 8th. The electronics maker reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.05. The business had revenue of $68.34 million for the quarter, compared to analysts’ expectations of $67.21 million. Control4 had a return on equity of 12.74% and a net margin of 6.53%. The firm’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.31 EPS. analysts predict that Control4 will post 0.81 EPS for the current year.
Control4 declared that its board has initiated a stock repurchase plan on Thursday, February 8th that allows the company to repurchase $20.00 million in outstanding shares. This repurchase authorization allows the electronics maker to repurchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.
CTRL has been the topic of a number of analyst reports. BidaskClub raised Control4 from a “hold” rating to a “buy” rating in a research report on Wednesday, December 20th. Zacks Investment Research cut Control4 from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. Cowen reissued a “buy” rating on shares of Control4 in a research report on Tuesday, January 9th. Imperial Capital boosted their price target on Control4 from $28.00 to $30.00 and gave the stock an “in-line” rating in a research report on Tuesday, January 23rd. Finally, Maxim Group raised Control4 from a “hold” rating to a “buy” rating and upped their price objective for the company from $33.00 to $36.00 in a research report on Friday, February 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company. Control4 has an average rating of “Buy” and an average price target of $29.13.
In other news, SVP Bryce Judd sold 19,073 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $24.97, for a total transaction of $476,252.81. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Martin Plaehn sold 41,585 shares of the stock in a transaction on Tuesday, February 13th. The shares were sold at an average price of $24.51, for a total value of $1,019,248.35. The disclosure for this sale can be found here. Insiders sold a total of 158,377 shares of company stock worth $3,904,668 over the last ninety days. 6.10% of the stock is currently owned by insiders.
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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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