In the latest trading session, Intrusion Inc. (INTZ) closed at $1.00, marking a -3.85% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.33%. Meanwhile, the Dow gained 0.1%, and the Nasdaq, a tech-heavy index, lost 0.59%.
Shares of the company witnessed a loss of 20.61% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 1.09%, and the S&P 500's loss of 0%.
The upcoming earnings release of Intrusion Inc. will be of great interest to investors. The company's upcoming EPS is projected at -$0.09, signifying a 75.00% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $2.06 million, indicating a 22.32% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$0.41 per share and revenue of $7.67 million, indicating changes of +74.85% and +32.82%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Intrusion Inc. should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, Intrusion Inc. is carrying a Zacks Rank of #3 (Hold).
The Computer - Networking industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 205, placing it within the bottom 17% of over 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 ReportThis article originally published on Zacks Investment Research (zacks.com).
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