IntriCon Co. (NASDAQ:IIN) – Equities researchers at B. Riley cut their FY2021 earnings per share (EPS) estimates for IntriCon in a report issued on Thursday, February 20th. B. Riley analyst A. D’silva now forecasts that the technology company will post earnings of $0.61 per share for the year, down from their prior forecast of $0.86. B. Riley currently has a “Buy” rating and a $34.00 target price on the stock.
A number of other analysts have also issued reports on the company. ValuEngine lowered IntriCon from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 4th. Zacks Investment Research lowered IntriCon from a “hold” rating to a “sell” rating in a research note on Friday. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. IntriCon currently has a consensus rating of “Buy” and a consensus price target of $31.50.
Shares of NASDAQ:IIN opened at $16.21 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.19 and a quick ratio of 2.33. The business’s 50 day moving average price is $17.84 and its 200-day moving average price is $18.74. The firm has a market capitalization of $148.98 million, a PE ratio of -37.70, a P/E/G ratio of 3.37 and a beta of 0.70. IntriCon has a 1 year low of $15.71 and a 1 year high of $28.41.
IntriCon (NASDAQ:IIN) last issued its quarterly earnings results on Monday, February 24th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.06) by $0.14. IntriCon had a positive return on equity of 1.81% and a negative net margin of 3.14%.
Large investors have recently modified their holdings of the company. Tocqueville Asset Management L.P. acquired a new position in IntriCon during the fourth quarter worth $3,667,000. Stifel Financial Corp boosted its stake in IntriCon by 27.9% during the third quarter. Stifel Financial Corp now owns 161,992 shares of the technology company’s stock worth $3,148,000 after buying an additional 35,342 shares during the last quarter. Conestoga Capital Advisors LLC boosted its stake in IntriCon by 107.3% during the fourth quarter. Conestoga Capital Advisors LLC now owns 31,825 shares of the technology company’s stock worth $573,000 after buying an additional 16,475 shares during the last quarter. Teton Advisors Inc. boosted its stake in IntriCon by 10.9% during the third quarter. Teton Advisors Inc. now owns 173,724 shares of the technology company’s stock worth $3,377,000 after buying an additional 17,045 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in IntriCon by 51.0% during the third quarter. Russell Investments Group Ltd. now owns 266,340 shares of the technology company’s stock worth $5,178,000 after buying an additional 89,913 shares during the last quarter. 73.14% of the stock is currently owned by hedge funds and other institutional investors.
IntriCon Company Profile
IntriCon Corporation, together with its subsidiaries, designs, develops, engineers, manufactures, and distributes body-worn devices in the United States, Europe, Asia, and internationally. The company operates in two segments, Body Worn Devices and Hearing Health Direct-To-Consumer. It offers micro-miniature products, microelectronics; micro-mechanical assemblies; high-precision injection-molded plastic components; and assemblies and software solutions for medical biotelemetry devices, hearing healthcare, and professional audio communication devices markets.