Analysts Anticipate Intrusion Inc. (NASDAQ:INTZ) Will Post Quarterly Sales of $2.31 Million

Equities research analysts predict that Intrusion Inc. (NASDAQ:INTZ) will post sales of $2.31 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Intrusion’s earnings. The highest sales estimate is $2.39 million and the lowest is $2.22 million. Intrusion reported sales of $1.59 million in the same quarter last year, which indicates a positive year-over-year growth rate of 45.3%. The company is expected to announce its next earnings results on Thursday, November 11th.

According to Zacks, analysts expect that Intrusion will report full-year sales of $9.35 million for the current year, with estimates ranging from $8.97 million to $9.73 million. For the next financial year, analysts forecast that the business will post sales of $16.98 million, with estimates ranging from $16.84 million to $17.12 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover Intrusion.

Intrusion (NASDAQ:INTZ) last posted its earnings results on Thursday, August 12th. The company reported ($0.28) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.21) by ($0.07). The firm had revenue of $1.96 million for the quarter, compared to the consensus estimate of $1.95 million. Intrusion had a negative return on equity of 141.52% and a negative net margin of 203.31%.

A number of equities analysts have recently commented on the stock. HC Wainwright lowered shares of Intrusion from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $25.00 to $5.00 in a report on Wednesday, July 21st. Zacks Investment Research lowered shares of Intrusion from a “hold” rating to a “sell” rating in a report on Thursday, July 8th.

Shares of NASDAQ:INTZ traded down $0.24 during trading on Wednesday, reaching $4.23. The company had a trading volume of 490,286 shares, compared to its average volume of 828,694. The company has a fifty day moving average of $4.48 and a two-hundred day moving average of $12.68. The stock has a market capitalization of $74.55 million, a P/E ratio of -5.10 and a beta of 0.97. Intrusion has a 12 month low of $3.33 and a 12 month high of $29.90. The company has a current ratio of 2.75, a quick ratio of 2.75 and a debt-to-equity ratio of 0.01.

Several hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its holdings in shares of Intrusion by 2,716.1% during the 2nd quarter. Royal Bank of Canada now owns 43,650 shares of the company’s stock valued at $673,000 after purchasing an additional 42,100 shares during the last quarter. Pinz Capital Management LP purchased a new stake in Intrusion during the 2nd quarter valued at $110,000. State Street Corp boosted its position in Intrusion by 325.0% during the 2nd quarter. State Street Corp now owns 52,703 shares of the company’s stock valued at $812,000 after buying an additional 40,303 shares during the period. United Capital Financial Advisers LLC boosted its position in Intrusion by 3.7% during the 2nd quarter. United Capital Financial Advisers LLC now owns 203,400 shares of the company’s stock valued at $3,134,000 after buying an additional 7,292 shares during the period. Finally, OLD Mission Capital LLC purchased a new stake in Intrusion during the 2nd quarter valued at $246,000. 21.28% of the stock is currently owned by institutional investors.

Intrusion Company Profile

Intrusion, Inc engages in the provision of network security solutions. It specializes in the development and marketing of entity identification, high speed data mining cybercrime and advanced persistent threat detection products. The company supports a range of customers including United States federal government entities, local government, banks, airlines, credit unions, and other financial institutions as well as hospitals, and other healthcare providers by providing products such as TraceCop for identity discovery and disclosure, and Savant for network data mining and advanced persistent threat detection.

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Earnings History and Estimates for Intrusion (NASDAQ:INTZ)

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