In the latest trading session, Intrusion Inc. (INTZ) closed at $0.61, marking a -3.02% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.41% for the day. At the same time, the Dow lost 0.07%, and the tech-heavy Nasdaq gained 1.11%.
Prior to today's trading, shares of the company had gained 3.11% outpaced the Computer and Technology sector's loss of 0.92% and the S&P 500's gain of 1.46%.
Market participants will be closely following the financial results of Intrusion Inc. in its upcoming release. In that report, analysts expect Intrusion Inc. to post earnings of -$0.07 per share. This would mark year-over-year growth of 30%. In the meantime, our current consensus estimate forecasts the revenue to be $2.1 million, indicating a 6.6% growth compared to the corresponding quarter of the prior year.
INTZ's full-year Zacks Consensus Estimates are calling for earnings of -$0.36 per share and revenue of $8.7 million. These results would represent year-over-year changes of +21.74% and +22.6%, respectively.
Any recent changes to analyst estimates for Intrusion Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Intrusion Inc. presently features a Zacks Rank of #2 (Buy).
The Computer - Networking industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 71, this industry ranks in the top 29% of all industries, numbering over 250.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTZ in the coming trading sessions, be sure to utilize Zacks.com.
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Intrusion Inc. (INTZ): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).