$0.20 Earnings Per Share Expected for IntriCon Co. (IIN) This Quarter

Equities research analysts forecast that IntriCon Co. (NASDAQ:IIN) will announce earnings per share of $0.20 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for IntriCon’s earnings. The highest EPS estimate is $0.20 and the lowest is $0.19. IntriCon posted earnings of $0.15 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 33.3%. The business is scheduled to announce its next earnings report after the market closes on Monday, November 5th.

On average, analysts expect that IntriCon will report full year earnings of $0.70 per share for the current financial year, with EPS estimates ranging from $0.69 to $0.72. For the next year, analysts expect that the business will post earnings of $0.93 per share, with EPS estimates ranging from $0.82 to $1.09. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that follow IntriCon.

IntriCon (NASDAQ:IIN) last announced its quarterly earnings data on Wednesday, July 25th. The technology company reported $0.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.15. The firm had revenue of $30.16 million for the quarter, compared to the consensus estimate of $26.10 million. IntriCon had a net margin of 4.32% and a return on equity of 19.76%.

A number of brokerages have issued reports on IIN. TheStreet upgraded shares of IntriCon from a “c+” rating to a “b” rating in a report on Friday, August 31st. B. Riley lifted their price target on shares of IntriCon from $62.00 to $73.00 and gave the company a “buy” rating in a report on Wednesday, August 22nd. Stifel Nicolaus reiterated a “buy” rating and issued a $65.00 price target (up from $50.00) on shares of IntriCon in a report on Thursday, July 26th. Zacks Investment Research upgraded shares of IntriCon from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a report on Wednesday, July 11th. Finally, Dougherty & Co downgraded shares of IntriCon from a “buy” rating to a “neutral” rating and set a $12.00 price target on the stock. in a report on Tuesday, September 11th. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $51.25.

In other news, Director Philip Irving Smith sold 10,000 shares of the business’s stock in a transaction dated Friday, August 31st. The shares were sold at an average price of $74.18, for a total value of $741,800.00. Following the sale, the director now directly owns 6,667 shares in the company, valued at approximately $494,558.06. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 21.20% of the company’s stock.

Several institutional investors have recently bought and sold shares of the company. Navellier & Associates Inc increased its holdings in shares of IntriCon by 30.9% in the 2nd quarter. Navellier & Associates Inc now owns 15,142 shares of the technology company’s stock worth $610,000 after buying an additional 3,577 shares during the last quarter. CAPROCK Group Inc. bought a new stake in shares of IntriCon in the 3rd quarter worth about $251,000. GSA Capital Partners LLP bought a new stake in shares of IntriCon in the 2nd quarter worth about $226,000. Rhumbline Advisers bought a new stake in shares of IntriCon in the 2nd quarter worth about $232,000. Finally, US Bancorp DE increased its holdings in shares of IntriCon by 58.1% in the 2nd quarter. US Bancorp DE now owns 17,694 shares of the technology company’s stock worth $713,000 after buying an additional 6,500 shares during the last quarter. Hedge funds and other institutional investors own 42.19% of the company’s stock.

Shares of IIN stock opened at $44.92 on Friday. The firm has a market cap of $400.44 million, a PE ratio of 154.90, a PEG ratio of 5.32 and a beta of 0.58. IntriCon has a one year low of $10.40 and a one year high of $76.80. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 1.56.

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 bio-telemetry devices, hearing healthcare, and professional audio communication devices markets.

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Earnings History and Estimates for IntriCon (NASDAQ:IIN)

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