Several other equities analysts have also commented on CTRL. Maxim Group lowered shares of Control4 from a “buy” rating to a “hold” rating in a research note on Monday, May 13th. ValuEngine upgraded shares of VESTAS WIND SYS/ADR from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. DA Davidson lowered shares of Control4 from a “buy” rating to a “neutral” rating and dropped their price target for the company from $33.00 to $24.00 in a research note on Thursday, May 9th. Cowen reiterated a “hold” rating on shares of PDL BioPharma in a research note on Thursday, May 9th. Finally, Roth Capital set a $10.00 price target on shares of Savara and gave the company a “hold” rating in a research note on Tuesday, May 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $27.57.
Shares of Control4 stock opened at $23.82 on Tuesday. The stock has a market capitalization of $638.09 million, a price-to-earnings ratio of 27.37, a P/E/G ratio of 2.25 and a beta of 0.40. Control4 has a 52 week low of $15.59 and a 52 week high of $37.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.89 and a quick ratio of 2.74. The company has a 50 day moving average of $23.73.
Control4 (NASDAQ:CTRL) last announced its quarterly earnings results on Thursday, May 9th. The electronics maker reported $0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.17. The company had revenue of $60.43 million for the quarter, compared to analyst estimates of $61.64 million. Control4 had a net margin of 14.94% and a return on equity of 12.56%. The firm’s revenue was up 2.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.21 earnings per share. As a group, sell-side analysts predict that Control4 will post 0.71 earnings per share for the current year.
In other news, Director Robert Born sold 3,570 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $23.64, for a total value of $84,394.80. Following the completion of the sale, the director now directly owns 17,867 shares of the company’s stock, valued at $422,375.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Phil Molyneux sold 23,374 shares of the stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of $23.74, for a total value of $554,898.76. Following the completion of the sale, the director now directly owns 42,347 shares of the company’s stock, valued at $1,005,317.78. The disclosure for this sale can be found here. Insiders sold 28,944 shares of company stock valued at $686,674 over the last three months. Corporate insiders own 2.90% of the company’s stock.
Several hedge funds have recently bought and sold shares of CTRL. Millennium Management LLC boosted its holdings in shares of Control4 by 2,816.3% in the fourth quarter. Millennium Management LLC now owns 414,149 shares of the electronics maker’s stock valued at $7,289,000 after acquiring an additional 399,948 shares during the period. Syquant Capital Sas acquired a new stake in shares of Control4 in the second quarter valued at approximately $7,050,000. Deutsche Bank AG boosted its holdings in shares of Control4 by 133.9% in the fourth quarter. Deutsche Bank AG now owns 375,400 shares of the electronics maker’s stock valued at $6,605,000 after acquiring an additional 214,889 shares during the period. Spark Investment Management LLC boosted its holdings in shares of Control4 by 67.3% in the first quarter. Spark Investment Management LLC now owns 526,800 shares of the electronics maker’s stock valued at $8,918,000 after acquiring an additional 212,000 shares during the period. Finally, Stifel Financial Corp boosted its holdings in shares of Control4 by 36.2% in the fourth quarter. Stifel Financial Corp now owns 417,888 shares of the electronics maker’s stock valued at $7,334,000 after acquiring an additional 111,016 shares during the period. 79.87% of the stock is owned by institutional investors and hedge funds.
Control4 Company Profile
Control4 Corporation provides smart home and business solutions in the United States, Australia, Canada, China, Germany, the United Kingdom, and internationally. The company offers Control4 solution that functions as the operating system of the home, integrating audio, video, lighting, temperature, security, communications, and other devices into a unified automation solution.
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