NASDAQ:CTRL - Control4 Stock Price, Forecast & News

Control4 trades on the NASDAQ under the ticker symbol "CTRL."

Control4 announced that its Board of Directors has authorized a share repurchase plan on Friday, February 9th 2018, which authorizes the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Control4 Corp (NASDAQ:CTRL) announced its quarterly earnings results on Thursday, November, 1st. The electronics maker reported $0.38 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.36 by $0.02. The electronics maker earned $71.59 million during the quarter, compared to analysts' expectations of $71.52 million. Control4 had a return on equity of 12.56% and a net margin of 14.94%. Control4's revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.35 earnings per share. View Control4's Earnings History.

Control4 is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Control4.

6 analysts have issued twelve-month price targets for Control4's shares. Their forecasts range from $24.00 to $31.00. On average, they expect Control4's share price to reach $25.75 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Control4.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Control4 in the last year. There are currently 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Control4.

Media headlines about CTRL stock have been trending positive this week, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Control4 earned a news impact score of 3.0 on InfoTrie's scale. They also assigned news headlines about the electronics maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Control4.

Some companies that are related to Control4 include KEMET (KEM), Vishay Precision Group (VPG), IntriCon (IIN), Tel-Instrument Electronics (TIKK), MICT (MICT), Video Display (VIDE), Electronic Systems Technology (ELST), ACS Motion Control (ACSEF) and Viewtran Group (VIEWF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Control4 investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Paypal (PYPL), Applied Materials (AMAT), Netflix (NFLX), Gardner Denver (GDI), Activision Blizzard (ATVI), Intel (INTC) and Momo (MOMO).

One share of CTRL stock can currently be purchased for approximately $23.91.

Control4 has a market capitalization of $640.79 million and generates $272.46 million in revenue each year. The electronics maker earns $43.84 million in net income (profit) each year or $0.96 on an earnings per share basis. Control4 employs 670 workers across the globe.View Additional Information About Control4.

The official website for Control4 is http://www.control4.com/.

Control4's mailing address is 11734 SOUTH ELECTION ROAD, SALT LAKE CITY UT, 84020. The electronics maker can be reached via phone at 801-523-3100 or via email at [email protected]