Innovative Solutions and Support (NASDAQ:ISSC) Issues Quarterly Earnings Results

Innovative Solutions and Support (NASDAQ:ISSC) posted its quarterly earnings data on Thursday. The aerospace company reported $0.21 earnings per share (EPS) for the quarter, Zacks reports. Innovative Solutions and Support had a return on equity of 16.62% and a net margin of 14.40%.

Innovative Solutions and Support Stock Performance

Shares of NASDAQ:ISSC opened at $8.15 on Friday. The company has a 50-day simple moving average of $7.53 and a 200 day simple moving average of $6.78. Innovative Solutions and Support has a 52-week low of $4.91 and a 52-week high of $9.00. The company has a market capitalization of $142.63 million, a P/E ratio of 22.03 and a beta of 1.06.

Analysts Set New Price Targets

Separately, StockNews.com cut Innovative Solutions and Support from a “strong-buy” rating to a “buy” rating in a research note on Friday.

About Innovative Solutions and Support

Innovative Solutions and Support, Inc, a systems integrator, designs, develops, manufactures, sells, and services flight guidance, autothrottles, and cockpit display systems in the United States and internationally. It offers flat panel display systems that replicate the display of analog or digital displays on one screen and replace existing displays in legacy aircraft, as well as used for security monitoring on-board aircraft and as tactical workstations on military aircraft; and flight deck management system, a navigation and performance computer that upgrade for commercial air transport aircraft.