Innovative Solutions and Support (ISSC) Expected to Announce Earnings on Thursday

Innovative Solutions and Support (NASDAQ:ISSC) will likely be announcing its earnings results after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $13.89 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Innovative Solutions and Support (NASDAQ:ISSC) last posted its earnings results on Thursday, December 19th. The aerospace company reported $0.21 earnings per share (EPS) for the quarter. Innovative Solutions and Support had a net margin of 14.83% and a return on equity of 18.32%.

Innovative Solutions and Support Stock Performance

Shares of ISSC stock opened at $10.92 on Wednesday. The company has a quick ratio of 3.02, a current ratio of 4.77 and a debt-to-equity ratio of 0.60. The company has a 50 day moving average price of $9.22 and a 200-day moving average price of $7.76. Innovative Solutions and Support has a 52 week low of $4.91 and a 52 week high of $12.17. The firm has a market capitalization of $191.54 million, a PE ratio of 27.30 and a beta of 1.03.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Innovative Solutions and Support from a “buy” rating to a “hold” rating in a research report on Monday, February 3rd.

Insider Activity at Innovative Solutions and Support

In related news, major shareholder Christopher Harborne sold 98,600 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $10.82, for a total transaction of $1,066,852.00. Following the completion of the sale, the insider now directly owns 2,501,169 shares in the company, valued at approximately $27,062,648.58. The trade was a 3.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders sold 263,623 shares of company stock worth $2,911,665. 3.70% of the stock is owned by insiders.

Innovative Solutions and Support Company Profile

Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.