IntriCon Corporation (IIN) Stock Could Soon Reward Patient Investors

IntriCon Corporation (NASDAQ: IIN) is -26.50% lower on its value in year-to-date trading and has touched a low of $9.84 and a high of $24.68 in the current 52-week trading range. The IIN stock was last observed hovering at around $13.45 in the last trading session, with the day’s loss setting it -0.22% off its average median price target of $23.00 for the next 12 months. It is also 52.75% off the consensus price target high of $28.00 offered by 3 analysts, but current levels are 33.85% higher than the price target low of $20.00 for the same period.


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored


Currently trading at $13.23, the stock is -3.38% and 2.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 32510.0 and changing -1.64% at the moment leaves the stock -18.46% off its SMA200. IIN registered -43.36% loss for a year compared to 6-month loss of -26.17%. The firm has a 50-day simple moving average (SMA 50) of $13.36 and a 200-day simple moving average (SMA200) of $14.63.

The stock witnessed a -6.44% gain in the last 1 month and extending the period to 3 months gives it a 12.12%, and is -1.49% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.33% over the week and 4.97% over the month.

IntriCon Corporation (IIN) has around 780 employees, a market worth around $113.65M and $105.40M in sales. Fwd P/E is 40.09. Profit margin for the company is -6.20%. Distance from 52-week low is 34.45% and -46.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.50%).

IntriCon Corporation (IIN) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for IntriCon Corporation (IIN) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.30, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

IntriCon Corporation is expected to release its quarterly report on 08/05/2020 and quarterly earnings per share for the current quarter are estimated at -$0.29 with sales reaching $20.15M over the same period.The EPS is expected to shrink by -130.10% this year, but quarterly earnings will post -17.70% year-over-year. Quarterly sales are estimated to shrink -31.30% in year-over-year returns.

IntriCon Corporation (IIN) Top Institutional Holders

106 institutions hold shares in IntriCon Corporation (IIN), with 655.28k shares held by insiders accounting for 7.43% while institutional investors hold 81.01% of the company’s shares. The shares outstanding are 8.81M, and float is at 8.17M with Short Float at 7.27%. Institutions hold 74.99% of the Float.

The top institutional shareholder in the company is Royce & Associates LP with over 0.66 million shares valued at $7.77 million. The investor’s holdings represent 7.49% of the IIN Shares outstanding. As of Mar 30, 2020, the second largest holder is Blackrock Inc. with 0.6 million shares valued at $7.05 million to account for 6.79% of the shares outstanding. The other top investors are Russell Investments Group, Ltd. which holds 0.58 million shares representing 6.55% and valued at over $6.8 million, while Gamco Investors Inc holds 5.84% of the shares totaling 0.52 million with a market value of $6.07 million.

IntriCon Corporation (IIN) Insider Activity

A total of 26 insider transactions have happened at IntriCon Corporation (IIN) in the last six months, with sales accounting for 14 and purchases happening 12 times.

IntriCon Corporation (IIN): Who are the competitors?

The company’s main competitors (and peers) include ON Semiconductor Corporation (ON) that is trading -3.41% down over the past 12 months. Short interest in the company’s stock has risen 0.46% from the last report on May 14, 2020 to stand at a total of 0.59 million short shares sold with a short interest ratio of 11.91.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free