Media coverage about Control4 Corp (NASDAQ:CTRL) has trended somewhat positive on Saturday, AlphaOne Sentiment reports. The research firm, a division of Accern, rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Control4 Corp earned a daily sentiment score of 0.14 on AlphaOne’s scale. AlphaOne also assigned press coverage about the electronics maker an impact score of 84 out of 100, indicating that recent press coverage is very likely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted AlphaOne’s scoring:
Several analysts have recently issued reports on CTRL shares. Zacks Investment Research raised Control4 Corp from a “sell” rating to a “hold” rating in a report on Tuesday, April 18th. Imperial Capital increased their target price on Control4 Corp from $12.00 to $16.00 and gave the stock a “line” rating in a report on Tuesday, February 14th. Raymond James Financial, Inc. raised Control4 Corp from a “market perform” rating to an “outperform” rating and set a $17.00 target price on the stock in a report on Friday, February 10th. Singular Research started coverage on Control4 Corp in a report on Monday, April 17th. They set a “buy” rating and a $21.00 target price on the stock. Finally, S&P Equity Research raised Control4 Corp from a “market perform” rating to an “outperform” rating and set a $17.00 target price on the stock in a report on Friday, February 10th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $16.80.
Control4 Corp (NASDAQ:CTRL) traded up 5.54% during mid-day trading on Friday, hitting $17.90. The stock had a trading volume of 944,839 shares. The stock has a market capitalization of $428.38 million, a P/E ratio of 33.77 and a beta of -0.97. Control4 Corp has a 52 week low of $7.30 and a 52 week high of $18.25. The company’s 50 day moving average is $15.90 and its 200-day moving average is $13.07.
Control4 Corp (NASDAQ:CTRL) last posted its earnings results on Thursday, May 4th. The electronics maker reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.07. Control4 Corp had a return on equity of 7.50% and a net margin of 6.20%. The firm had revenue of $50.20 million for the quarter, compared to the consensus estimate of $47.29 million. During the same quarter in the prior year, the business earned $0.04 EPS. The business’s revenue for the quarter was up 16.7% on a year-over-year basis. On average, analysts expect that Control4 Corp will post $0.94 EPS for the current fiscal year.
In other Control4 Corp news, insider Greg Bishop sold 12,500 shares of the company’s stock in a transaction that occurred on Wednesday, March 29th. The stock was sold at an average price of $16.00, for a total transaction of $200,000.00. Following the transaction, the insider now owns 26,795 shares in the company, valued at approximately $428,720. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Jefferson Dungan sold 66,371 shares of the company’s stock in a transaction that occurred on Thursday, February 16th. The stock was sold at an average price of $15.19, for a total value of $1,008,175.49. Following the transaction, the senior vice president now owns 30,724 shares in the company, valued at approximately $466,697.56. The disclosure for this sale can be found here. Insiders have sold a total of 131,074 shares of company stock worth $1,977,678 in the last quarter. Company insiders own 6.10% of the company’s stock.
About Control4 Corp
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.