Intrusion Inc. (INTZ) closed the most recent trading day at $0.71, moving +2.91% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.58%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 0.45%.
Heading into today, shares of the company had lost 11.54% over the past month, lagging the Computer and Technology sector's gain of 6.31% and the S&P 500's gain of 0.84%.
The investment community will be paying close attention to the earnings performance of Intrusion Inc. in its upcoming release. The company is predicted to post an EPS of -$0.07, indicating a 30% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $2.1 million, up 6.6% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.36 per share and revenue of $8.7 million, indicating changes of +21.74% and +22.6%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Intrusion Inc. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Intrusion Inc. currently has a Zacks Rank of #3 (Hold).
The Computer - Networking industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 112, finds itself in the top 46% echelons of all 250+ industries.
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.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Intrusion Inc. (INTZ): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).