Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Receives Average Recommendation of “Strong Buy” from Analysts

Innovative Solutions and Support, Inc. (NASDAQ:ISSC) has been assigned a consensus recommendation of “Strong Buy” from the six research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating, one has issued a buy rating and four have given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $16.25.

Several brokerages recently commented on ISSC. Jones Trading raised shares of Innovative Solutions and Support to a “strong-buy” rating in a research report on Monday, January 5th. Zacks Research raised shares of Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 24th. Wall Street Zen raised Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Northland Securities assumed coverage on Innovative Solutions and Support in a report on Friday, November 21st. They issued an “outperform” rating and a $16.50 target price on the stock. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Innovative Solutions and Support in a research note on Thursday, January 22nd.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Palisades Investment Partners LLC purchased a new stake in Innovative Solutions and Support during the third quarter worth approximately $2,927,000. Marshall Wace LLP boosted its position in Innovative Solutions and Support by 65.3% during the 3rd quarter. Marshall Wace LLP now owns 479,202 shares of the aerospace company’s stock worth $5,985,000 after purchasing an additional 189,375 shares during the period. Ancora Advisors LLC purchased a new stake in Innovative Solutions and Support during the 3rd quarter worth $2,031,000. Teton Advisors LLC acquired a new stake in Innovative Solutions and Support in the 3rd quarter valued at $1,707,000. Finally, Arrowstreet Capital Limited Partnership raised its position in Innovative Solutions and Support by 415.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 157,250 shares of the aerospace company’s stock valued at $2,183,000 after purchasing an additional 126,729 shares during the period. 28.53% of the stock is owned by institutional investors and hedge funds.

Innovative Solutions and Support Price Performance

Shares of NASDAQ:ISSC opened at $19.53 on Friday. The company has a market cap of $346.66 million, a P/E ratio of 22.45 and a beta of 0.67. The business has a fifty day simple moving average of $15.88 and a 200-day simple moving average of $13.71. Innovative Solutions and Support has a 52 week low of $5.30 and a 52 week high of $22.60. The company has a quick ratio of 1.50, a current ratio of 3.04 and a debt-to-equity ratio of 0.34.

Innovative Solutions and Support Company Profile

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.