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

Key Points

• Consensus "Strong Buy": Six brokerages cover ISSC (two "buy", four "strong buy") with an average 1‑year price target of $16.25, compared with the recent share price near $23.02.
• Quarterly outperformance: ISSC reported $0.25 EPS vs. $0.10 expected and revenue of $21.81M vs. $18.82M, with a 30.44% return on equity and a 21.02% net margin.
• Institutional interest: Hedge funds and other institutional investors own about 28.53% of the stock, with notable increases by Jane Street, Arrowstreet, JPMorgan and others.

Shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSC - Get Free Report) have been given a consensus recommendation of "Strong Buy" by the six brokerages that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $16.25.

Several brokerages have recently weighed in on ISSC. Zacks Research upgraded Innovative Solutions and Support from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 24th. JonesTrading upgraded Innovative Solutions and Support to a "strong-buy" rating in a research report on Monday, January 5th. Weiss Ratings upgraded Innovative Solutions and Support from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, February 23rd. Finally, Wall Street Zen upgraded Innovative Solutions and Support from a "hold" rating to a "buy" rating in a research report on Saturday, March 28th.

Hedge Funds Weigh In On Innovative Solutions and Support

Several hedge funds have recently made changes to their positions in ISSC. Jane Street Group LLC grew its position in Innovative Solutions and Support by 53.5% during the first quarter. Jane Street Group LLC now owns 48,250 shares of the aerospace company's stock worth $303,000 after buying an additional 16,808 shares in the last quarter. Geode Capital Management LLC grew its position in Innovative Solutions and Support by 0.6% during the second quarter. Geode Capital Management LLC now owns 123,258 shares of the aerospace company's stock worth $1,711,000 after buying an additional 725 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Innovative Solutions and Support during the second quarter worth about $848,000. American Century Companies Inc. grew its position in Innovative Solutions and Support by 21.9% during the second quarter. American Century Companies Inc. now owns 12,386 shares of the aerospace company's stock worth $172,000 after buying an additional 2,228 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in Innovative Solutions and Support by 415.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 157,250 shares of the aerospace company's stock worth $2,183,000 after buying an additional 126,729 shares in the last quarter. 28.53% of the stock is currently owned by hedge funds and other institutional investors.

Innovative Solutions and Support Price Performance

Shares of NASDAQ ISSC opened at $23.02 on Thursday. The stock has a market cap of $409.30 million, a PE ratio of 21.92 and a beta of 0.70. Innovative Solutions and Support has a fifty-two week low of $5.52 and a fifty-two week high of $30.94. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.53 and a current ratio of 2.96. The stock has a fifty day moving average of $24.05 and a 200-day moving average of $17.15.

Innovative Solutions and Support (NASDAQ:ISSC - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The aerospace company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.15. The company had revenue of $21.81 million during the quarter, compared to analysts' expectations of $18.82 million. Innovative Solutions and Support had a return on equity of 30.44% and a net margin of 21.02%.

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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