IES (IESC) Scheduled to Post Quarterly Earnings on Friday

IES (NASDAQ:IESC) will be announcing its earnings results before the market opens on Friday, August 2nd.

IES (NASDAQ:IESC) last announced its earnings results on Friday, May 3rd. The technology company reported $2.29 EPS for the quarter. The business had revenue of $705.80 million during the quarter. IES had a net margin of 5.27% and a return on equity of 30.22%.

IES Stock Performance

Shares of IESC stock traded up $7.23 during midday trading on Wednesday, hitting $146.51. 8,710 shares of the company were exchanged, compared to its average volume of 130,301. The firm has a market capitalization of $2.97 billion, a P/E ratio of 21.01 and a beta of 1.36. The firm’s 50 day moving average price is $143.17 and its two-hundred day moving average price is $125.44. IES has a 52 week low of $56.08 and a 52 week high of $184.38.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of IES from a “buy” rating to a “strong-buy” rating in a report on Tuesday.

Insider Buying and Selling at IES

In other IES news, CEO Jeffrey L. Et Al Gendell sold 44,449 shares of the business’s stock in a transaction dated Monday, June 10th. The shares were sold at an average price of $130.03, for a total value of $5,779,703.47. Following the completion of the sale, the chief executive officer now owns 11,233,970 shares of the company’s stock, valued at approximately $1,460,753,119.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Jeffrey L. Et Al Gendell sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $133.18, for a total value of $3,329,500.00. Following the completion of the transaction, the chief executive officer now directly owns 11,184,845 shares in the company, valued at approximately $1,489,597,657.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jeffrey L. Et Al Gendell sold 44,449 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $130.03, for a total transaction of $5,779,703.47. Following the completion of the transaction, the chief executive officer now owns 11,233,970 shares of the company’s stock, valued at $1,460,753,119.10. The disclosure for this sale can be found here. Insiders sold 133,757 shares of company stock valued at $18,360,416 in the last quarter. Company insiders own 59.19% of the company’s stock.

IES Company Profile

IES Holdings, Inc engages in the design and installation of integrated electrical and technology systems, and provides infrastructure products and services in the United States. The Communications segment designs, installs, and maintains network infrastructure within data centers for co-location and managed hosting customers; corporate, educational, financial, hospitality, and healthcare buildings; e-commerce distribution centers; and high-tech manufacturing facilities.