Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Given Consensus Rating of “Strong Buy” by Analysts

Shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSC) have been assigned a consensus rating of “Strong Buy” from the six research firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $16.25.

ISSC has been the topic of several research analyst reports. Wall Street Zen upgraded Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research note on Saturday, March 28th. Weiss Ratings upgraded Innovative Solutions and Support from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd.

Institutional Investors Weigh In On Innovative Solutions and Support

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Geode Capital Management LLC raised its holdings in Innovative Solutions and Support by 0.6% during the 2nd quarter. Geode Capital Management LLC now owns 123,258 shares of the aerospace company’s stock valued at $1,711,000 after acquiring an additional 725 shares during the period. Caitong International Asset Management Co. Ltd raised its holdings in Innovative Solutions and Support by 7,484.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,441 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 1,422 shares during the period. Ritholtz Wealth Management raised its holdings in Innovative Solutions and Support by 10.0% during the 1st quarter. Ritholtz Wealth Management now owns 15,919 shares of the aerospace company’s stock valued at $327,000 after acquiring an additional 1,452 shares during the period. Gamco Investors INC. ET AL raised its holdings in Innovative Solutions and Support by 1.2% during the 3rd quarter. Gamco Investors INC. ET AL now owns 128,500 shares of the aerospace company’s stock valued at $1,605,000 after acquiring an additional 1,500 shares during the period. Finally, Meixler Investment Management Ltd. raised its holdings in Innovative Solutions and Support by 10.1% during the 3rd quarter. Meixler Investment Management Ltd. now owns 16,825 shares of the aerospace company’s stock valued at $210,000 after acquiring an additional 1,550 shares during the period. Institutional investors own 28.53% of the company’s stock.

Innovative Solutions and Support Price Performance

Innovative Solutions and Support stock opened at $21.36 on Monday. Innovative Solutions and Support has a 12 month low of $6.82 and a 12 month high of $30.94. The company has a current ratio of 2.96, a quick ratio of 1.53 and a debt-to-equity ratio of 0.31. The business’s 50 day simple moving average is $24.47 and its 200 day simple moving average is $18.51. The company has a market cap of $379.78 million, a price-to-earnings ratio of 20.34 and a beta of 0.71.

Innovative Solutions and Support (NASDAQ:ISSC) last posted its quarterly earnings data on Thursday, February 12th. The aerospace company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.10 by $0.15. Innovative Solutions and Support had a return on equity of 30.44% and a net margin of 21.02%.The business had revenue of $21.81 million for the quarter, compared to the consensus estimate of $18.82 million. Sell-side analysts forecast that Innovative Solutions and Support will post 0.92 EPS for the current year.

About Innovative Solutions and Support

Innovative Solutions and Support, Inc (NASDAQ: ISSC) is a provider of technology solutions and mission support services to U.S. federal government agencies, with a focus on defense, intelligence, and national security programs. The company delivers integrated program management, systems engineering, and advanced IT infrastructure support designed to enhance operational readiness and maintain secure, scalable environments for mission-critical operations.

Its core service offerings include systems integration, custom software development, data analytics, cybersecurity, and logistics management.