Innovative Solutions and Support (ISSC) to Release Quarterly Earnings on Wednesday

Innovative Solutions and Support (NASDAQ:ISSCGet Free Report) is scheduled to release its earnings data after the market closes on Wednesday, February 14th. Investors interested in participating in the company’s conference call can do so using this link.

Innovative Solutions and Support (NASDAQ:ISSCGet Free Report) last posted its quarterly earnings results on Thursday, December 21st. The aerospace company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.09 by $0.06. The business had revenue of $12.99 million during the quarter. Innovative Solutions and Support had a net margin of 17.32% and a return on equity of 17.14%.

Innovative Solutions and Support Stock Performance

NASDAQ:ISSC opened at $8.06 on Tuesday. The company has a fifty day simple moving average of $8.07 and a two-hundred day simple moving average of $7.83. The company has a market cap of $140.73 million, a price-to-earnings ratio of 23.71 and a beta of 1.11. The company has a quick ratio of 4.46, a current ratio of 5.42 and a debt-to-equity ratio of 0.45. Innovative Solutions and Support has a 52 week low of $6.11 and a 52 week high of $9.00.

Hedge Funds Weigh In On Innovative Solutions and Support

A number of institutional investors and hedge funds have recently modified their holdings of the company. UBS Group AG boosted its position in shares of Innovative Solutions and Support by 8.2% during the 1st quarter. UBS Group AG now owns 15,561 shares of the aerospace company’s stock worth $126,000 after acquiring an additional 1,177 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Innovative Solutions and Support by 4.4% in the first quarter. HighTower Advisors LLC now owns 42,000 shares of the aerospace company’s stock valued at $338,000 after purchasing an additional 1,784 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Innovative Solutions and Support by 276.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,659 shares of the aerospace company’s stock valued at $35,000 after buying an additional 3,420 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Innovative Solutions and Support by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 132,891 shares of the aerospace company’s stock valued at $1,092,000 after buying an additional 3,993 shares during the last quarter. Finally, BlackRock Inc. raised its stake in Innovative Solutions and Support by 1.2% during the 2nd quarter. BlackRock Inc. now owns 373,387 shares of the aerospace company’s stock worth $2,677,000 after acquiring an additional 4,287 shares in the last quarter. Institutional investors and hedge funds own 30.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ISSC. TheStreet cut Innovative Solutions and Support from a “b” rating to a “c+” rating in a research note on Wednesday, November 1st. StockNews.com raised Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research report on Thursday, December 21st.

Check Out Our Latest Report on ISSC

About Innovative Solutions and Support

(Get Free Report)

Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.

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Earnings History for Innovative Solutions and Support (NASDAQ:ISSC)

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