IES (NASDAQ:IESC) announced its earnings results on Friday. The technology company reported $0.16 earnings per share (EPS) for the quarter, Morningstar.com reports. IES had a negative net margin of 2.46% and a positive return on equity of 5.86%. The business had revenue of $205.70 million during the quarter.
Shares of NASDAQ:IESC opened at $17.65 on Friday. IES has a 12 month low of $14.05 and a 12 month high of $19.35. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.50 and a current ratio of 1.63. The stock has a market cap of $376.63, a price-to-earnings ratio of 24.18 and a beta of 0.80.
IESC has been the topic of a number of research analyst reports. TheStreet lowered shares of IES from a “b” rating to a “c” rating in a report on Wednesday, February 7th. BidaskClub lowered shares of IES from a “hold” rating to a “sell” rating in a report on Wednesday, February 14th.
In related news, Director David B. Gendell acquired 4,000 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were purchased at an average price of $15.60 per share, with a total value of $62,400.00. Following the acquisition, the director now directly owns 126,475 shares in the company, valued at $1,973,010. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 60.00% of the stock is owned by corporate insiders.
A number of large investors have recently modified their holdings of the business. Crestline Management LP bought a new stake in IES during the 4th quarter worth about $478,000. Millennium Management LLC bought a new stake in IES during the 4th quarter worth about $561,000. Goldman Sachs Group Inc. bought a new stake in IES during the 4th quarter worth about $294,000. Deutsche Bank AG grew its holdings in IES by 13.0% during the 4th quarter. Deutsche Bank AG now owns 34,927 shares of the technology company’s stock worth $600,000 after acquiring an additional 4,023 shares during the last quarter. Finally, AXA grew its holdings in IES by 60.0% during the 4th quarter. AXA now owns 45,122 shares of the technology company’s stock worth $778,000 after acquiring an additional 16,922 shares during the last quarter. 78.06% of the stock is currently owned by hedge funds and other institutional investors.
IES Holdings, Inc engages in communications, commercial and industrial, infrastructure solutions, and residential businesses in the United States. The company's Commercial & Industrial segment provides electrical and mechanical design, construction, and maintenance services for office buildings, manufacturing facilities, data centers, chemical plants, refineries, wind farms, solar facilities, municipal infrastructures, and health care facilities.
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