Control4 Corporation (NASDAQ:CTRL) Has Had Quite a Nice Rally

Control4 Corporation (NASDAQ:CTRL)

Control4 Corporation (NASDAQ:CTRL) shares continue to move higher on the back of last Friday’s financial release. On Thursday, CTRL closed at $11.57 then Control4 Corporation released their quarterly financials and CTRL shares reached a high of $14.22. Today CTRL shares reached $15.81 – that represents a gain of over 35% from Thursday’s close. CTRL shares are up 13% so far in today’s trading.

Control4 Corporation (NASDAQ:CTRL) develops and commercializes products that turn your house into a smart home. They provide devices that connect your home’s music, video, lighting, temperature, communications, and home protection systems. Imagine the operating system of your computer – just as it serves as the broad platform to run many programs, Control4’s software performs the same functionality to your home’s systems.

4th quarter financial results were better than expected. Revenue was $57.4 million – a 34% YoY increase and above street estimates of $54.5 million. Adjusted EPS for CTRL was $0.31 besting last year’s same quarter which came in at $0.07 and above street estimates of $0.24.

Control4 Corporation (NASDAQ:CTRL), based in Salt Lake City, UT, has almost 5,000 retailers and distributors in 91 countries. In a call to shareholders, Control4 management stated that it believes it has penetrated 1.4% of the U.S. market for households with an annual income over $150,000.

Sales for Control4 Corporation (NASDAQ:CTRL) have steadily increased since 2012 when the company posted a figure of $109.5 million. In 2016 the company posted sales of $208.8 million. CTRL EPS has not been as bright for shareholders. Last year CTRL EPS was $0.55 which was better than the 2014 loss of $0.07 but only marginally better than the prior two years’ profits which were $0.33 and $0.34 respectively.

Five firms have analysts covering Control4 Corporation (NASDAQ:CTRL). Four rate CTRL as a “Hold” and one rates the shares a “Buy”.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.


Update – MySize, Inc. (Nasdaq: MYSZ) Doubles in Inter-Day Trading!

My Size, Inc. – Nasdaq: MYSZ

UPDATE 12:57 PM EST – NASDAQ:MYSZ shares have gained over 100% on very heavy volumes. The Israeli-based APP company ended Friday’s trading at $3.85 and has reached a high today of $10.90 before setting back to just under $8.

SNU’s original article published before the opening bell today:

Israeli-based My Size Inc. (Nasdaq: MYSZ) is a novel approach to a problem shares by both consumers and online retailers – accurate measurements. My Size Inc. (Nasdaq: MYSZ) is the developer and owner of MySizeID and SizeUp DIY. While shopping online, the founders were frustrated with the “hit or miss” fit of different brands, and this frustration was augmented by the return process – a frustration not only shared by online retailers but also monetized in their operational expenses.

MySizeId lets consumers use their smartphone APP to create a secure, online profile of their personal measurements, which can then be utilized with partnered online retailers to ensure that no matter the manufacturer or size chart, they will always get the right fit. For online retailers, MySizeID offers a solution that can potentially reduce returns from online purchases, which will in turn, increase margins and ultimately result in higher brand loyalty.

SizeUp DIY is a smartphone APP that allows the user to use their smartphone to measure across any flat surface. The new technology enables users to instantly and accurately measure just about any object, flat surfaced or otherwise, by moving their Smartphone, in the air, from the starting point to the end-point of an object. Measurements can be taken in either inches or centimeters.

My Size Inc. (Nasdaq: MYSZ) started trading in 2016, but MYSZ shares have seen virtually no real volume until recently – less than 150,000 shares traded so far in February. Last week, MYSZ fell from $5.12 to $4.46 and Friday MYSZ closed at $3.85. Given the light volume and the price action, this could represent a real opportunity for investors that want in early on a stock that could impact an entire consumer sector and that solves a real issue for both consumers and online retailers.

Reports place five-year growth estimates for My Size Inc. (Nasdaq: MYSZ) at 25% which is considered impressive in an industry that some calculate has a growth estimate of less than 1%.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

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