Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Given Consensus Recommendation of "Buy" by Brokerages

Key Points

• Analysts collectively rate ISSC “Buy,” with two strong-buy, one buy, and two hold ratings; the average 12-month price target is $16.25, below the stock’s recent $18.52 price.
• Innovative Solutions and Support reported quarterly EPS of $0.33, beating the $0.22 consensus estimate, while revenue of $26.73 million also exceeded expectations of $23.98 million.
• Institutional investors and hedge funds own 28.53% of the stock, with several investors recently initiating or expanding positions; however, multiple research firms recently downgraded their ratings to “Hold.”

Innovative Solutions and Support, Inc. (NASDAQ:ISSC - Get Free Report) has received a consensus recommendation of "Buy" from the five ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $16.25.

A number of research analysts have recently issued reports on ISSC shares. Zacks Research downgraded shares of Innovative Solutions and Support from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 15th. Weiss Ratings lowered shares of Innovative Solutions and Support from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, June 12th. Finally, Wall Street Zen cut shares of Innovative Solutions and Support from a "buy" rating to a "hold" rating in a report on Saturday, May 23rd.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Legal & General Group Plc purchased a new stake in shares of Innovative Solutions and Support during the 2nd quarter worth about $26,000. Caitong International Asset Management Co. Ltd raised its stake in shares of Innovative Solutions and Support by 7,484.2% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 1,441 shares of the aerospace company's stock worth $27,000 after buying an additional 1,422 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Innovative Solutions and Support during the 4th quarter valued at approximately $36,000. Royal Bank of Canada grew its stake in Innovative Solutions and Support by 496.6% in the 1st quarter. Royal Bank of Canada now owns 7,619 shares of the aerospace company's stock valued at $156,000 after acquiring an additional 6,342 shares during the period. Finally, State of Wyoming purchased a new stake in Innovative Solutions and Support in the 2nd quarter worth $159,000. 28.53% of the stock is owned by institutional investors and hedge funds.

Innovative Solutions and Support Stock Performance

Shares of ISSC stock opened at $18.52 on Friday. The firm has a market cap of $331.38 million, a price-to-earnings ratio of 17.64 and a beta of 0.59. Innovative Solutions and Support has a 52-week low of $8.13 and a 52-week high of $30.94. The company has a quick ratio of 1.49, a current ratio of 2.97 and a debt-to-equity ratio of 0.63. The company's 50 day moving average is $19.77 and its 200 day moving average is $21.00.

Innovative Solutions and Support (NASDAQ:ISSC - Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The aerospace company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.11. Innovative Solutions and Support had a return on equity of 30.53% and a net margin of 20.50%.The business had revenue of $26.73 million for the quarter, compared to the consensus estimate of $23.98 million. On average, sell-side analysts anticipate that Innovative Solutions and Support will post 0.97 EPS for the current fiscal year.

About Innovative Solutions and Support

Innovative Solutions and Support, Inc NASDAQ: ISSC is a provider of technology solutions and mission support services to U.S. federal government agencies, with a focus on defense, intelligence, and national security programs. The company delivers integrated program management, systems engineering, and advanced IT infrastructure support designed to enhance operational readiness and maintain secure, scalable environments for mission-critical operations.

Its core service offerings include systems integration, custom software development, data analytics, cybersecurity, and logistics management.

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