Innovative Solutions and Support (ISSC) to Release Earnings on Wednesday

Innovative Solutions and Support (NASDAQ:ISSCGet Free Report) will be releasing its earnings data after the market closes on Wednesday, February 14th. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Innovative Solutions and Support (NASDAQ:ISSCGet Free Report) last released its quarterly earnings data on Thursday, December 21st. The aerospace company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.06. The company had revenue of $12.99 million during the quarter. Innovative Solutions and Support had a net margin of 17.32% and a return on equity of 17.14%.

Innovative Solutions and Support Stock Performance

NASDAQ:ISSC opened at $8.24 on Wednesday. The company has a fifty day moving average of $8.02 and a 200-day moving average of $7.82. The firm has a market capitalization of $143.87 million, a P/E ratio of 24.24 and a beta of 1.11. The company has a quick ratio of 4.46, a current ratio of 5.42 and a debt-to-equity ratio of 0.45. Innovative Solutions and Support has a twelve month low of $6.11 and a twelve month high of $9.00.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ISSC. StockNews.com upgraded shares of Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research note on Thursday, December 21st. TheStreet downgraded shares of Innovative Solutions and Support from a “b” rating to a “c+” rating in a research report on Wednesday, November 1st.

Read Our Latest Stock Analysis on Innovative Solutions and Support

Institutional Trading of Innovative Solutions and Support

Hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its position in Innovative Solutions and Support by 276.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 4,659 shares of the aerospace company’s stock valued at $35,000 after purchasing an additional 3,420 shares during the period. UBS Group AG boosted its holdings in Innovative Solutions and Support by 19.1% during the 3rd quarter. UBS Group AG now owns 15,009 shares of the aerospace company’s stock worth $130,000 after acquiring an additional 2,409 shares during the last quarter. Millennium Management LLC boosted its holdings in Innovative Solutions and Support by 85.6% during the 2nd quarter. Millennium Management LLC now owns 18,580 shares of the aerospace company’s stock worth $134,000 after acquiring an additional 8,568 shares during the last quarter. Susquehanna International Group LLP boosted its holdings in Innovative Solutions and Support by 47.4% during the 4th quarter. Susquehanna International Group LLP now owns 23,299 shares of the aerospace company’s stock worth $192,000 after acquiring an additional 7,488 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Innovative Solutions and Support by 24.4% during the 1st quarter. Northern Trust Corp now owns 23,597 shares of the aerospace company’s stock worth $190,000 after acquiring an additional 4,631 shares during the last quarter. Institutional investors and hedge funds own 30.72% of the company’s stock.

Innovative Solutions and Support Company Profile

(Get Free Report)

Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.

See Also

Earnings History for Innovative Solutions and Support (NASDAQ:ISSC)

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