Innovative Solutions And Support Inc (NASDAQ:ISSC) concluded the trading at $11.67 on Friday, January 31 with a rise of 5.14% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $11.10 and 5Y monthly beta was reading 1.074 with its price kept floating in the range of $11.01 and $12.17 on the day. Company’s P/E ratio for the trailing 12 months is 29.15. Considering stock’s 52-week price range provides that ISSC hit a high price of $11.50 and saw its price falling to a low level of $4.91 during that period. Over a period of past 1-month, stock came adding 36.49% in its value.
With its current market valuation of $204.68 million, Innovative Solutions And Support Inc is set to declare its quarterly results in March. Analysts are in estimates of 0.15 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.57 for current year with estimates of that growing to 0.65 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 13.89M. They suggested that in the process company could generate revenue of as low as 13.89M which could climb up to 13.89M to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 62.18M in current fiscal year, which will be 31.75% more from revenue generated by the company last year.
In contrast, when we review ISSC stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
According to ratings assigned by 1 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 0 of them are recommending Innovative Solutions And Support Inc (ISSC) as a Hold, while 1 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the ISSC stock which is currently positioned at 1.25. It further provides that stock’s current price level is 17.91% away from its 20-day simple moving average and is 34.35% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 83.11 while volatility remained at 5.54% over the past week which changes to 5.29% when measuring it over the past month. Beta is valued at 1.03, while measure of average true range or ATR is currently at 0.51.
Having a second look at Innovative Solutions And Support Inc (NASDAQ:ISSC) provides that stock’s average daily trading volume for 3 months was 154.39K, while it jumped to 329010 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 17.50 million.
The percentage of outstanding shares held by the insiders is 32.27% while it is 28.91% for the institutional holders. The figures also indicate that as of 2024-11-29, number of stock’s short shares was 29575.0 which implies a short ratio of 0.45. This shows down a 21.00 of Short Interest in company’s outstanding shares on the day. In November the standing of shares short improved as it was 30844.0 in the previous month. Addition of 36.65% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
