Control4 (CTRL) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Control4 (NASDAQ: CTRL):

  • 2/12/2018 – Control4 had its “neutral” rating reaffirmed by analysts at Dougherty & Co.
  • 2/9/2018 – Control4 was upgraded by analysts at Maxim Group from a “hold” rating to a “buy” rating. They now have a $36.00 price target on the stock, up previously from $33.00.
  • 2/5/2018 – Control4 was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 1/26/2018 – Control4 was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/25/2018 – Control4 was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Control4 Corporation is engaged in providing automation and control solutions for the connected home. The Company offers home operating system that interacts with various music, video, lighting, temperature, security, and communications. It also provides 4Sight subscription services, which allow consumers to control and monitor their homes remotely from their smartphone, tablet, or laptop. Control4 Corporation is headquartered in Salt Lake City, Utah. “
  • 1/23/2018 – Control4 had its price target raised by analysts at Imperial Capital from $28.00 to $30.00. They now have an “in-line” rating on the stock.
  • 1/9/2018 – Control4 had its “buy” rating reaffirmed by analysts at Cowen Inc.
  • 1/3/2018 – Control4 was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Control4 Corporation is engaged in providing automation and control solutions for the connected home. The Company offers home operating system that interacts with various music, video, lighting, temperature, security, and communications. It also provides 4Sight subscription services, which allow consumers to control and monitor their homes remotely from their smartphone, tablet, or laptop. Control4 Corporation is headquartered in Salt Lake City, Utah. “
  • 1/3/2018 – Control4 was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 12/20/2017 – Control4 was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.

Shares of Control4 Corp (NASDAQ CTRL) traded up $0.33 during trading hours on Wednesday, reaching $24.76. 482,387 shares of the company traded hands, compared to its average volume of 657,090. The stock has a market capitalization of $639.62, a PE ratio of 41.97, a P/E/G ratio of 2.13 and a beta of -0.60. Control4 Corp has a 12 month low of $13.95 and a 12 month high of $35.99.

Control4 (NASDAQ:CTRL) last issued its quarterly earnings data on Thursday, February 8th. The electronics maker reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. The company had revenue of $68.34 million during the quarter, compared to analysts’ expectations of $67.21 million. Control4 had a net margin of 6.53% and a return on equity of 12.74%. Control4’s revenue for the quarter was up 19.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.31 earnings per share. analysts anticipate that Control4 Corp will post 0.77 EPS for the current year.

In related news, CEO Martin Plaehn sold 5,304 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $33.27, for a total transaction of $176,464.08. Following the completion of the transaction, the chief executive officer now owns 52,120 shares of the company’s stock, valued at $1,734,032.40. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Eric Anderson sold 14,384 shares of the business’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $30.54, for a total transaction of $439,287.36. Following the transaction, the senior vice president now directly owns 17,388 shares of the company’s stock, valued at approximately $531,029.52. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 50,397 shares of company stock valued at $1,612,471. 6.10% of the stock is owned by corporate insiders.

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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