ROTH Capital Initiates Buy Rating for Control4 (NASDAQ:CTRL) With a $31 Price Target

June 13, 2018 - By Migdalia James

Control4 Corporation (NASDAQ:CTRL) Logo

Investors sentiment increased to 1.21 in 2018 Q1. Its up 0.12, from 1.09 in 2017Q4. It increased, as 24 investors sold Control4 Corporation shares while 43 reduced holdings. 23 funds opened positions while 58 raised stakes. 20.25 million shares or 5.26% more from 19.24 million shares in 2017Q4 were reported.

Walleye Trading Limited Liability Corp holds 30,422 shares or 0% of its portfolio. Millennium Management Ltd Liability Corp reported 0.01% of its portfolio in Control4 Corporation (NASDAQ:CTRL). 14,072 are held by State Of Tennessee Treasury Department. Envestnet Asset Mgmt Incorporated owns 263 shares. Parkside Retail Bank Tru reported 1,407 shares. Advisory Services Networks Ltd Liability holds 0% or 1,100 shares. Jacobs Levy Equity Management owns 31,590 shares. 422,872 are held by Aqr Capital Management Ltd Limited Liability Company. Citadel Advsrs Ltd Liability Co holds 253,102 shares or 0% of its portfolio. Deutsche Commercial Bank Ag reported 465,614 shares stake. Guggenheim Ltd Liability Company holds 93,336 shares. Thompson Davis & owns 0.12% invested in Control4 Corporation (NASDAQ:CTRL) for 2,125 shares. Wellington Shields & Ltd Liability Com holds 0.31% in Control4 Corporation (NASDAQ:CTRL) or 48,000 shares. Financial Bank Of Montreal Can holds 60,092 shares. Frontier Mgmt Ltd Liability Company accumulated 0.06% or 402,577 shares.

Since February 13, 2018, it had 0 buys, and 22 selling transactions for $6.90 million activity. Cashen Susan sold $125,400 worth of stock or 5,000 shares. Another trade for 41,585 shares valued at $1.02M was sold by PLAEHN MARTIN. $25,000 worth of stock was sold by Jensen Mark Edwin on Wednesday, May 30. Bishop Greg also sold $438,647 worth of Control4 Corporation (NASDAQ:CTRL) shares. Novakovich Mark sold $313,633 worth of stock.

Why Has ROTH Capital Given Control4 (NASDAQ:CTRL) a $31 Price Target

ROTH Capital has begun its coverage for Control4 (NASDAQ:CTRL), this morning Wednesday, 13 June. The research firm found the stock of CTRL quite attractive and now has a target price per share of $31 with a key Buy rating.

Control4 Corporation (NASDAQ:CTRL) Ratings Coverage

Among 5 analysts covering Control4 Corp (NASDAQ:CTRL), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Control4 Corp has $36.0 highest and $30 lowest target. $31.75’s average target is 22.45% above currents $25.93 stock price. Control4 Corp had 8 analyst reports since December 21, 2017 according to SRatingsIntel. Raymond James maintained the stock with “Outperform” rating in Monday, March 19 report. The rating was upgraded by Imperial Capital to “Outperform” on Thursday, March 8. The firm has “Buy” rating by Maxim Group given on Friday, February 9. The firm has “Buy” rating given on Friday, May 4 by Maxim Group. Maxim Group maintained Control4 Corporation (NASDAQ:CTRL) rating on Wednesday, May 23. Maxim Group has “Buy” rating and $3600 target. On Friday, February 9 the stock rating was maintained by Needham with “Buy”. The firm has “Hold” rating by Maxim Group given on Thursday, December 21.

The stock increased 3.55% or $0.89 during the last trading session, reaching $25.93. About 176,884 shares traded. Control4 Corporation (NASDAQ:CTRL) has risen 37.10% since June 13, 2017 and is uptrending. It has outperformed by 24.53% the S&P500.

Analysts await Control4 Corporation (NASDAQ:CTRL) to report earnings on August, 2. They expect $0.21 earnings per share, 0.00 % or $0.00 from last year’s $0.21 per share. CTRL’s profit will be $5.46 million for 30.87 P/E if the $0.21 EPS becomes a reality. After $0.09 actual earnings per share reported by Control4 Corporation for the previous quarter, Wall Street now forecasts 133.33 % EPS growth.

Control4 Corporation provides smart home and business solutions for the connected home or business in the United States, Canada, and internationally. The company has market cap of $674.42 million. It offers Control4 solution that functions as the operating system of the home, integrating audio, video, lighting, temperature, security, communications, and other devices in the home automation market. It has a 43.07 P/E ratio. The company's Control4 product line comprises the Control4 home operating system and the associated application software, and software development kits .

More recent Control4 Corporation (NASDAQ:CTRL) news were published by: Fool.com which released: “3 Stocks That Feel Like Microsoft in 1986” on May 26, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For June 13, 2018” on June 13, 2018. Globenewswire.com‘s news article titled: “Research Report Identifies Cisco, Denbury Resources, EMCOR Group, Control4, Yext, and Liberty TripAdvisor with …” with publication date: May 15, 2018 was also an interesting one.

Control4 Corporation (NASDAQ:CTRL) Institutional Positions Chart

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