Innovative Solutions and Support, Inc. (NASDAQ:ISSC) Receives Average Rating of “Strong Buy” from Analysts

Shares of Innovative Solutions and Support, Inc. (NASDAQ:ISSC) have earned a consensus recommendation of “Strong Buy” from the six analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, one has assigned a buy recommendation and four have given a strong buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $16.25.

Several brokerages have commented on ISSC. Northland Securities assumed coverage on Innovative Solutions and Support in a research note on Friday, November 21st. They set an “outperform” rating and a $16.50 price target for the company. Zacks Research upgraded Innovative Solutions and Support from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 24th. Weiss Ratings restated a “hold (c+)” rating on shares of Innovative Solutions and Support in a report on Wednesday, October 8th. Jones Trading raised shares of Innovative Solutions and Support to a “strong-buy” rating in a research report on Monday, January 5th. Finally, Wall Street Zen upgraded shares of Innovative Solutions and Support from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of Innovative Solutions and Support by 589.9% in the third quarter. Bank of America Corp DE now owns 9,113 shares of the aerospace company’s stock worth $114,000 after buying an additional 7,792 shares during the period. Matauro LLC acquired a new position in Innovative Solutions and Support during the 3rd quarter worth approximately $125,000. American Century Companies Inc. boosted its holdings in Innovative Solutions and Support by 21.9% in the 2nd quarter. American Century Companies Inc. now owns 12,386 shares of the aerospace company’s stock worth $172,000 after acquiring an additional 2,228 shares during the period. Quantbot Technologies LP acquired a new stake in Innovative Solutions and Support in the third quarter valued at approximately $160,000. Finally, Squarepoint Ops LLC purchased a new stake in shares of Innovative Solutions and Support during the third quarter valued at approximately $180,000. Institutional investors and hedge funds own 28.53% of the company’s stock.

Innovative Solutions and Support Stock Up 2.2%

Shares of NASDAQ ISSC opened at $21.64 on Friday. The stock has a market capitalization of $384.11 million, a PE ratio of 24.87 and a beta of 0.67. The company has a quick ratio of 1.50, a current ratio of 3.04 and a debt-to-equity ratio of 0.34. The firm has a fifty day moving average of $15.16 and a 200-day moving average of $13.57. Innovative Solutions and Support has a 52-week low of $5.30 and a 52-week high of $22.60.

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.