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

Innovative Solutions and Support (NASDAQ:ISSC) is expected to be posting its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Innovative Solutions and Support to post earnings of $0.15 per share and revenue of $13.89 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Innovative Solutions and Support (NASDAQ:ISSC) last issued its quarterly earnings data on Thursday, December 19th. The aerospace company reported $0.21 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 Price Performance

ISSC stock opened at $10.74 on Tuesday. 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 stock’s 50 day moving average is $9.16 and its two-hundred day moving average is $7.72. The company has a market capitalization of $188.38 million, a PE ratio of 26.85 and a beta of 1.03. Innovative Solutions and Support has a 52-week low of $4.91 and a 52-week high of $12.17.

Insider Buying and Selling at Innovative Solutions and Support

In related news, major shareholder Christopher Harborne sold 10,000 shares of the company’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of $10.16, for a total transaction of $101,600.00. Following the completion of the transaction, the insider now owns 2,599,769 shares in the company, valued at approximately $26,413,653.04. This represents a 0.38 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 263,623 shares of company stock worth $2,911,665 over the last quarter. Corporate insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

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

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.