Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Receives $16.25 Consensus PT from Analysts

Innovative Solutions and Support, Inc. (NASDAQ:ISSC) has earned a consensus rating of “Buy” from the five analysts that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $16.25.

A number of research firms recently weighed in on ISSC. Weiss Ratings downgraded shares of Innovative Solutions and Support from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, June 12th. Wall Street Zen cut shares of Innovative Solutions and Support from a “buy” rating to a “hold” rating in a research report on Saturday, May 23rd. Finally, Zacks Research downgraded shares of Innovative Solutions and Support from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 15th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Y Intercept Hong Kong Ltd acquired a new stake in Innovative Solutions and Support in the first quarter valued at $1,918,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Innovative Solutions and Support by 22.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 276,323 shares of the aerospace company’s stock worth $5,673,000 after purchasing an additional 51,222 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its holdings in shares of Innovative Solutions and Support by 50.5% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 90,199 shares of the aerospace company’s stock valued at $1,708,000 after purchasing an additional 30,259 shares during the period. Precision Wealth Strategies LLC bought a new stake in shares of Innovative Solutions and Support in the 1st quarter valued at about $595,000. Finally, Punch & Associates Investment Management Inc. lifted its stake in Innovative Solutions and Support by 94.1% in the 4th quarter. Punch & Associates Investment Management Inc. now owns 595,174 shares of the aerospace company’s stock valued at $11,273,000 after purchasing an additional 288,479 shares during the last quarter. 28.53% of the stock is owned by institutional investors and hedge funds.

Innovative Solutions and Support Stock Performance

NASDAQ:ISSC opened at $24.78 on Wednesday. Innovative Solutions and Support has a twelve month low of $8.13 and a twelve month high of $30.94. The company has a quick ratio of 1.49, a current ratio of 2.97 and a debt-to-equity ratio of 0.63. The business has a 50 day moving average price of $18.89 and a two-hundred day moving average price of $20.90. The company has a market cap of $443.31 million, a P/E ratio of 23.60 and a beta of 0.59.

Innovative Solutions and Support (NASDAQ:ISSC) last posted its quarterly earnings data on Thursday, August 13th. The aerospace company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.11. The company had revenue of $26.73 million for the quarter, compared to the consensus estimate of $23.98 million. Innovative Solutions and Support had a net margin of 20.50% and a return on equity of 30.53%. As a group, analysts expect that Innovative Solutions and Support will post 0.97 EPS for the current fiscal year.

Innovative Solutions and Support Company Profile

Innovative Solutions and Support, Inc (NASDAQ: ISSC) is a provider of technology solutions and mission support services to U.S. federal government agencies, with a focus on defense, intelligence, and national security programs. The company delivers integrated program management, systems engineering, and advanced IT infrastructure support designed to enhance operational readiness and maintain secure, scalable environments for mission-critical operations.

Its core service offerings include systems integration, custom software development, data analytics, cybersecurity, and logistics management.