Control4 Corporation provides smart home and business solutions in the United States, Canada, and internationally. The company offers Control4 solution that functions as the operating system of the home, integrating audio, video, lighting, temperature, security, communications, and other devices into a unified automation solution. Its Control4 product line comprises the Control4 home operating system and the associated application software, and software development kits (SDKs). The company's software components include Director for monitoring and receiving events; User Interface Application for operating system displays graphical user interfaces on televisions, in-wall and table-top touch panels, smartphones, and tablets, as well as list-based devices, such as remote controls with LCD text-displays; and Composer, a software application that enables trained and certified independent Control4 dealers and installers to design, configure, and personalize a Control4 home automation system for consumers. Its software components also comprise Control4 Drivers, as well as DriverWorks SDK, a SDK to develop and test custom two-way interface drivers to support the integration of a new device or device model into system, or to customize and enhance an existing driver; I/O servers; and 4Sight, a subscription service that enables end customers to remotely access, monitor, and adjust settings in their homes and receive event-based email alerts from their system. In addition, the company's products and services with embedded software include controllers, interface and networking devices, audio and video solutions, lighting products, comfort products, security products, and communication products. Control4 Corporation was founded in 2003 and is headquartered in Salt Lake City, Utah.
Industry, Sector and Symbol
Industry Electronic components & accessories
Sub-IndustryN/A
SectorComputer and Technology
Phone801-523-3100
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$272.46 million
Profitability
Miscellaneous
Employees670
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable
Control4 (NASDAQ:CTRL) Frequently Asked Questions
What is Control4's stock symbol?
Control4 trades on the NASDAQ under the ticker symbol "CTRL."
How will Control4's stock buyback program work?
Control4 announced that its board has initiated a stock repurchase plan on Friday, February 9th 2018, which allows the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.
How were Control4's earnings last quarter?
Control4 Corp (NASDAQ:CTRL) posted its quarterly earnings data on Monday, February, 4th. The electronics maker reported $0.31 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.29 by $0.02. The electronics maker earned $72.50 million during the quarter, compared to the consensus estimate of $73.07 million. Control4 had a return on equity of 14.53% and a net margin of 16.09%. The company's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS. View Control4's Earnings History.
When is Control4's next earnings date?
What guidance has Control4 issued on next quarter's earnings?
Control4 issued an update on its FY19 earnings guidance on Monday, February, 4th. The company provided earnings per share (EPS) guidance of $1.18-1.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.53. The company issued revenue guidance of $295-301 million, compared to the consensus revenue estimate of $300.45 million.Control4 also updated its FY 2019 guidance to $1.18-1.25 EPS.
What price target have analysts set for CTRL?
7 equities research analysts have issued 1 year price targets for Control4's stock. Their predictions range from $24.00 to $33.00. On average, they expect Control4's stock price to reach $29.2857 in the next twelve months. This suggests a possible upside of 60.1% from the stock's current price. View Analyst Price Targets for Control4.
What is the consensus analysts' recommendation for Control4?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Control4 in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Control4.
What are Wall Street analysts saying about Control4 stock?
Here are some recent quotes from research analysts about Control4 stock:
- 1. According to Zacks Investment Research, "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. " (2/11/2019)
- 2. Maxim Group analysts commented, "Wallet share expansion continues, despite Dec Q results at low-end of guidance. Our assumption of seasonal performance off of below-consensus Mar Q guidance leads to our below-guidance 2019 revenue estimate… …but still a re-accelerating growth profile to 10% y/y by 4Q19 given secular growth, year-ago dealer add dynamics & likely increasing loyalty from dealers. Despite the weaker-than-anticipated 2019 outlook, we remain confident CTRL is well-positioned for sustained organic growth of 10% for multiple years but, we reduce our PT to $31, from $36 and maintain Buy rating." (2/5/2019)
- 3. Imperial Capital analysts commented, "We are lowering our rating on CTRL shares to and maintaining our one- year price target of $32, about 12% below the recent share price. We continue to remain confident in management’s ability to improve margin and revenue growth and pursue strategic acquisitions. However, based on the share price as of 8/27/18, the stock is now above our price target. Rationale Growth reflected in recent stock price. On 8/2/18, CTRL reported 2Q18 results with revenue, adjusted EPS, and adjusted gross margin all above our estimates. In our report dated 8/3/18, we raised our price target to $32 from $30 (about 22% above the then share price of $26.26). The stock has now surpassed our valuation and fully reflects the company’s growth potential over the next twelve months, we believe." (8/28/2018)
Has Control4 been receiving favorable news coverage?
Media stories about CTRL stock have trended somewhat positive on Thursday, according to InfoTrie. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Control4 earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave media coverage about the electronics maker a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
Who are some of Control4's key competitors?
What other stocks do shareholders of Control4 own?
Who are Control4's key executives?
Control4's management team includes the folowing people:
- Mr. Martin Plaehn, Pres, CEO & Chairman (Age 61)
- Mr. Mark Novakovich, Chief Financial Officer (Age 51)
- Mr. Bryce Judd, Sr. VP of Global Sales (Age 44)
- Mr. Joshua D. Ellis, Gen. Counsel
- Ms. Susan K. Cashen, Sr. VP of Marketing (Age 58)
Who are Control4's major shareholders?
Control4's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.78%), Dimensional Fund Advisors LP (4.48%), State of New Jersey Common Pension Fund D (3.74%), Bank of New York Mellon Corp (3.48%), Bank of America Corp DE (2.46%) and Stifel Financial Corp (1.56%). Company insiders that own Control4 stock include Bryce Judd, Eric Anderson, Greg Bishop, Jefferson Dungan, Jeremy A Jaech, Joshua D Ellis, Mark Edwin Jensen, Mark Novakovich, Martin Plaehn, Phil Molyneux, Robert Born and Susan Cashen. View Institutional Ownership Trends for Control4.
Which major investors are selling Control4 stock?
CTRL stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Oberweis Asset Management Inc., Gerber Kawasaki Wealth & Investment Management, Los Angeles Capital Management & Equity Research Inc., Raymond James Financial Services Advisors Inc., Geode Capital Management LLC, Squarepoint Ops LLC and D.A. Davidson & CO.. Company insiders that have sold Control4 company stock in the last year include Bryce Judd, Greg Bishop, Joshua D Ellis, Mark Edwin Jensen, Mark Novakovich, Martin Plaehn and Susan Cashen. View Insider Buying and Selling for Control4.
Which major investors are buying Control4 stock?
CTRL stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, State of New Jersey Common Pension Fund D, WCM Investment Management LLC, Stifel Financial Corp, Two Sigma Investments LP, Dimensional Fund Advisors LP, South Dakota Investment Council and Catalyst Capital Advisors LLC. View Insider Buying and Selling for Control4.
How do I buy shares of Control4?
Shares of CTRL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Control4's stock price today?
One share of CTRL stock can currently be purchased for approximately $18.29.
How big of a company is Control4?
Control4 has a market capitalization of $485.05 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.
What is Control4's official website?
How can I contact Control4?
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]
MarketBeat Community Rating for Control4 (NASDAQ CTRL)
MarketBeat's community ratings are surveys of what our community members think about Control4 and other stocks. Vote "Outperform" if you believe CTRL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTRL will underperform the S&P 500 over the long term. You may vote once every thirty days.
