Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Control4 Corporation (CTRL) Share Price

Media stories about Control4 Corporation (NASDAQ:CTRL) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Control4 Corporation earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave news headlines about the electronics maker an impact score of 45.7383690246698 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment’s analysis:

Shares of Control4 Corporation (NASDAQ:CTRL) opened at 27.92 on Monday. Control4 Corporation has a 12 month low of $9.97 and a 12 month high of $28.20. The firm’s 50-day moving average price is $24.23 and its 200-day moving average price is $19.61. The company has a market capitalization of $693.95 million, a price-to-earnings ratio of 68.10 and a beta of -0.62.

Control4 Corporation (NASDAQ:CTRL) last announced its quarterly earnings data on Thursday, August 3rd. The electronics maker reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.09. The business had revenue of $61.40 million for the quarter, compared to analysts’ expectations of $60.70 million. Control4 Corporation had a return on equity of 10.77% and a net margin of 4.70%. The company’s revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period last year, the firm earned $0.23 earnings per share. Equities research analysts expect that Control4 Corporation will post $1.04 EPS for the current year.

A number of equities research analysts recently issued reports on CTRL shares. Zacks Investment Research lowered Control4 Corporation from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $22.00 target price on shares of Control4 Corporation in a research report on Wednesday, May 31st. BidaskClub lowered Control4 Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Finally, Cowen and Company raised Control4 Corporation from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $22.00 to $30.00 in a research report on Friday, September 8th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $21.88.

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In other news, insider Greg Bishop sold 2,254 shares of the stock in a transaction on Thursday, August 17th. The stock was sold at an average price of $22.83, for a total value of $51,458.82. Following the sale, the insider now directly owns 14,295 shares in the company, valued at $326,354.85. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Susan Cashen sold 1,768 shares of the stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $22.87, for a total value of $40,434.16. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,546 shares of company stock worth $194,603. Insiders own 6.10% of the company’s stock.

Control4 Corporation Company Profile

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.

Insider Buying and Selling by Quarter for Control4 Corporation (NASDAQ:CTRL)

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