Media coverage about Control4 Corp (NASDAQ:CTRL) has trended somewhat positive on Friday, AlphaOne reports. The research group, a subsidiary of Accern, scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Control4 Corp earned a coverage optimism score of 0.10 on AlphaOne’s scale. AlphaOne also assigned news coverage about the electronics maker an impact score of 84 out of 100, meaning that recent press coverage is very likely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have impacted Alpha One Sentiment’s scoring:
- Jobs In The Greenfield Area: Regional Sales Representative, Forklift/Inventory Control, Technology Sales Specialist (patch.com)
- PHARMERICA CORP : Change in Directors or Principal Officers (form 8-K) (4-traders.com)
- Editorial: Rent control the wrong strategy by Wynne Liberals (ottawacitizen.com)
- Buy Shipping Corporation of India; sell Cipla: Mitessh Thakkar (moneycontrol.com)
- Canadian Government Awards Cubic Corp. $4.5 Million Contract (sdbj.com)
Control4 Corp (NASDAQ:CTRL) traded down 1.99% on Friday, hitting $16.25. 234,137 shares of the stock traded hands. Control4 Corp has a 12-month low of $7.01 and a 12-month high of $16.86. The company’s 50 day moving average price is $15.26 and its 200-day moving average price is $12.68. The stock has a market capitalization of $388.90 million, a P/E ratio of 30.66 and a beta of -0.97.
Control4 Corp (NASDAQ:CTRL) last issued its quarterly earnings results on Thursday, February 9th. The electronics maker reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.07. The company earned $57.40 million during the quarter, compared to analysts’ expectations of $54.55 million. Control4 Corp had a net margin of 6.20% and a return on equity of 7.50%. The business’s quarterly revenue was up 33.7% on a year-over-year basis. During the same period last year, the business earned $0.07 EPS. Analysts predict that Control4 Corp will post $0.94 EPS for the current year.
Several research analysts have recently weighed in on CTRL shares. S&P Equity Research raised shares of Control4 Corp from a “market perform” rating to an “outperform” rating and set a $17.00 target price on the stock in a research report on Friday, February 10th. Zacks Investment Research raised shares of Control4 Corp from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research report on Thursday, February 9th. Singular Research started coverage on shares of Control4 Corp in a research report on Monday. They issued a “buy” rating and a $21.00 target price on the stock. Imperial Capital lifted their target price on shares of Control4 Corp from $12.00 to $16.00 and gave the stock a “line” rating in a research report on Tuesday, February 14th. Finally, Raymond James Financial, Inc. raised shares of Control4 Corp from a “market perform” rating to an “outperform” rating and set a $17.00 target price on the stock in a research report on Friday, February 10th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Control4 Corp currently has an average rating of “Buy” and an average price target of $16.80.
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In other news, CFO Mark Novakovich sold 5,124 shares of the firm’s stock in a transaction that occurred on Tuesday, February 14th. The shares were sold at an average price of $14.40, for a total transaction of $73,785.60. Following the completion of the transaction, the chief financial officer now directly owns 11,986 shares of the company’s stock, valued at approximately $172,598.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Greg Bishop sold 4,167 shares of the firm’s stock in a transaction that occurred on Tuesday, February 14th. The stock was sold at an average price of $14.34, for a total transaction of $59,754.78. Following the transaction, the insider now directly owns 14,295 shares of the company’s stock, valued at $204,990.30. The disclosure for this sale can be found here. Insiders have sold a total of 131,074 shares of company stock valued at $1,977,678 over the last ninety days. Company insiders own 6.10% of the company’s stock.
About Control4 Corp
Control4 Corporation (Control4) is a provider of smart home and business solutions. The Company’s smart home and small business solutions provide consumers with the ability to integrate audio, video, lighting, temperature, security, communications, network management and other functionalities into a unified automation solution, customized to match their lifestyles and business needs.
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