IntriCon Co. (NASDAQ:IIN) has been assigned an average broker rating score of 2.50 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation and one has issued a buy recommendation on the company.
Brokers have set a one year consensus price objective of $22.00 for the company and are expecting that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also assigned IntriCon an industry rank of 110 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut shares of IntriCon from a “buy” rating to a “hold” rating in a research report on Friday, March 9th.
IntriCon (IIN) opened at $20.30 on Friday. The company has a market cap of $140.75, a PE ratio of 84.58, a PEG ratio of 2.18 and a beta of 0.16. IntriCon has a 1-year low of $6.05 and a 1-year high of $24.00. The company has a current ratio of 1.44, a quick ratio of 0.54 and a debt-to-equity ratio of 0.45.
IntriCon (NASDAQ:IIN) last released its quarterly earnings data on Monday, February 12th. The technology company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The company had revenue of $22.23 million during the quarter. IntriCon had a net margin of 2.04% and a return on equity of 10.64%. research analysts anticipate that IntriCon will post 0.62 earnings per share for the current fiscal year.
Institutional investors have recently made changes to their positions in the stock. Prescott Group Capital Management L.L.C. acquired a new stake in shares of IntriCon during the 4th quarter worth about $366,000. Northern Trust Corp increased its position in shares of IntriCon by 10.2% during the 2nd quarter. Northern Trust Corp now owns 21,040 shares of the technology company’s stock worth $172,000 after purchasing an additional 1,942 shares in the last quarter. Vanguard Group Inc. increased its position in shares of IntriCon by 5.8% during the 2nd quarter. Vanguard Group Inc. now owns 21,813 shares of the technology company’s stock worth $174,000 after purchasing an additional 1,200 shares in the last quarter. Algert Global LLC acquired a new stake in shares of IntriCon during the 3rd quarter worth about $396,000. Finally, EAM Investors LLC acquired a new stake in shares of IntriCon during the 3rd quarter worth about $588,000. Institutional investors and hedge funds own 37.69% of the company’s stock.
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IntriCon Corporation is engaged in designing, developing, engineering, manufacturing and distributing body-worn devices. The Company operates through body-worn device segment. The Company serves the body-worn device market by designing, developing, engineering and manufacturing micro-miniature products, microelectronics, micro-mechanical assemblies, complete assemblies and software solutions, primarily for the value hearing health market, the medical bio-telemetry market and the professional audio communication market.
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