IntriCon Co. (NASDAQ:IIN)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $75.45 and last traded at $73.90, with a volume of 194834 shares traded. The stock had previously closed at $72.70.
A number of equities analysts recently commented on IIN shares. Stifel Nicolaus reiterated a “buy” rating and issued a $65.00 target price (up previously from $50.00) on shares of IntriCon in a research 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 target price on the stock in a research report on Wednesday, July 11th. B. Riley lifted their target price on shares of IntriCon from $32.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, June 13th. Finally, TheStreet upgraded shares of IntriCon from a “c+” rating to a “b” rating in a research report on Friday, August 31st. Three analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $62.67.
The firm has a market capitalization of $658.79 million, a PE ratio of 264.14, a price-to-earnings-growth ratio of 8.40 and a beta of 0.48. The company has a current ratio of 1.56, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45.
IntriCon (NASDAQ:IIN) last announced its quarterly earnings results on Wednesday, July 25th. The technology company reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.15. The business had revenue of $30.16 million for the quarter, compared to analyst estimates of $26.10 million. IntriCon had a net margin of 4.32% and a return on equity of 19.76%. equities analysts anticipate that IntriCon Co. will post 0.73 earnings per share for the current year.
Institutional investors have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC bought a new stake in IntriCon in the 1st quarter worth $166,000. GSA Capital Partners LLP bought a new stake in IntriCon in the 2nd quarter worth $226,000. Navellier & Associates Inc bought a new stake in shares of IntriCon during the 1st quarter valued at about $231,000. Rhumbline Advisers bought a new stake in shares of IntriCon during the 2nd quarter valued at about $232,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of IntriCon during the 1st quarter valued at about $294,000. 42.19% of the stock is currently owned by institutional investors and hedge funds.
IntriCon Company Profile (NASDAQ:IIN)
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.
Featured Story: Fundamental Analysis and Choosing Stocks
Receive News & Ratings for IntriCon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IntriCon and related companies with MarketBeat.com's FREE daily email newsletter.