IntriCon Co. (NASDAQ:IIN – Get Rating) – Equities research analysts at Colliers Securities issued their Q1 2022 earnings per share estimates for shares of IntriCon in a research note issued on Tuesday, March 22nd. Colliers Securities analyst R. Department anticipates that the technology company will post earnings of ($0.05) per share for the quarter. Colliers Securities has a “Neutral” rating on the stock. Colliers Securities also issued estimates for IntriCon’s FY2022 earnings at ($0.02) EPS.
A number of other analysts have also commented on IIN. Zacks Investment Research raised IntriCon from a “sell” rating to a “hold” rating in a report on Friday, March 4th. StockNews.com lowered IntriCon from a “buy” rating to a “hold” rating in a report on Tuesday, March 1st.
IIN stock opened at $23.70 on Thursday. The stock’s 50 day simple moving average is $18.82 and its 200 day simple moving average is $18.22. IntriCon has a fifty-two week low of $12.47 and a fifty-two week high of $28.16. The company has a market cap of $219.77 million, a P/E ratio of -1,185.00, a price-to-earnings-growth ratio of 8.78 and a beta of 1.08. IntriCon (NASDAQ:IIN – Get Rating) last posted its quarterly earnings results on Monday, February 28th. The technology company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.22. IntriCon had a positive return on equity of 8.17% and a negative net margin of 0.08%.
Strong management, innovative products – this company won’t be under the radar for long
Large investors have recently bought and sold shares of the business. Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new stake in shares of IntriCon in the third quarter worth $31,000. Marshall Wace LLP bought a new position in IntriCon in the fourth quarter valued at $99,000. Morgan Stanley increased its stake in IntriCon by 35.4% in the second quarter. Morgan Stanley now owns 4,740 shares of the technology company’s stock valued at $107,000 after acquiring an additional 1,240 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in IntriCon in the second quarter valued at $232,000. Finally, Perritt Capital Management Inc. increased its stake in IntriCon by 9.7% in the third quarter. Perritt Capital Management Inc. now owns 18,041 shares of the technology company’s stock valued at $328,000 after acquiring an additional 1,600 shares during the last quarter. Hedge funds and other institutional investors own 65.54% of the company’s stock.
About IntriCon (Get Rating)
Intricon Corp. engages in the design, development, engineering, manufacture, and distribution of miniature and micro-miniature body-worn devices. It operates through the Body-Worn Device and Hearing Health Direct-To-End Consumer segments. The Body-Worn Device segment comprises medical, hearing health, and professional audio markets.
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