Equities research analysts predict that Control4 Corp (NASDAQ:CTRL) will post earnings of $0.43 per share for the current quarter, Zacks reports. Four analysts have issued estimates for Control4’s earnings. The lowest EPS estimate is $0.41 and the highest is $0.43. Control4 reported earnings of $0.40 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 7.5%. The business is scheduled to issue its next earnings report on Thursday, February 14th.

According to Zacks, analysts expect that Control4 will report full-year earnings of $1.43 per share for the current financial year, with EPS estimates ranging from $1.42 to $1.44. For the next year, analysts forecast that the firm will post earnings of $1.53 per share, with EPS estimates ranging from $1.43 to $1.69. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Control4.

Control4 (NASDAQ:CTRL) last issued its quarterly earnings results on Thursday, November 1st. The electronics maker reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.02. The company had revenue of $71.59 million during the quarter, compared to the consensus estimate of $71.52 million. Control4 had a net margin of 7.22% and a return on equity of 14.94%. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.35 earnings per share.

CTRL has been the subject of several recent analyst reports. Cowen set a $30.00 price objective on shares of Control4 and gave the stock a “buy” rating in a research report on Sunday, November 18th. Zacks Investment Research upgraded shares of Control4 from a “hold” rating to a “buy” rating and set a $39.00 price objective for the company in a research report on Wednesday, September 26th. Maxim Group restated a “buy” rating and set a $36.00 price objective on shares of Control4 in a research report on Thursday, December 20th. ValuEngine downgraded shares of Control4 from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. Finally, BidaskClub downgraded shares of Control4 from a “buy” rating to a “hold” rating in a research report on Thursday, September 20th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $31.38.

Shares of NASDAQ:CTRL opened at $20.02 on Friday. The company has a market cap of $516.54 million, a PE ratio of 26.69, a P/E/G ratio of 1.59 and a beta of 0.57. Control4 has a twelve month low of $15.59 and a twelve month high of $37.62.

In related news, SVP Susan Cashen sold 5,022 shares of the company’s stock in a transaction on Friday, November 16th. The shares were sold at an average price of $22.48, for a total value of $112,894.56. Following the completion of the sale, the senior vice president now owns 1,417 shares in the company, valued at approximately $31,854.16. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Martin Plaehn sold 9,744 shares of the company’s stock in a transaction on Tuesday, November 20th. The shares were sold at an average price of $20.36, for a total transaction of $198,387.84. Following the completion of the sale, the chief executive officer now owns 112,779 shares of the company’s stock, valued at approximately $2,296,180.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 35,683 shares of company stock valued at $756,084. 4.40% of the stock is owned by insiders.

A number of hedge funds have recently added to or reduced their stakes in CTRL. FMR LLC increased its stake in Control4 by 180.5% in the 3rd quarter. FMR LLC now owns 1,114,553 shares of the electronics maker’s stock valued at $38,263,000 after buying an additional 717,153 shares during the period. BlackRock Inc. increased its stake in Control4 by 19.9% in the 3rd quarter. BlackRock Inc. now owns 3,934,607 shares of the electronics maker’s stock valued at $135,075,000 after buying an additional 653,664 shares during the period. Rehmann Capital Advisory Group acquired a new position in Control4 in the 3rd quarter valued at $15,619,000. Penserra Capital Management LLC acquired a new position in Control4 in the 3rd quarter valued at $5,402,000. Finally, Vanguard Group Inc increased its stake in Control4 by 9.1% in the 3rd quarter. Vanguard Group Inc now owns 1,705,172 shares of the electronics maker’s stock valued at $58,538,000 after buying an additional 142,606 shares during the period. Hedge funds and other institutional investors own 82.29% of the company’s stock.

Control4 Company Profile

Control4 Corporation provides smart home and business solutions in the United States, Canada, 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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