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Strength Seen in Intrusion Inc. (INTZ): Can Its 14.4% Jump Turn into More Strength?

Zacks Equity Research
·2-min read

Intrusion Inc. INTZ shares rallied 14.4% in the last trading session to close at $5.01. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.3% gain over the past four weeks.

The increase in share price can be attributed to increasing demand for the company’s products especially Intrusion Shield. Intrusion’s efforts to overhauling its strategic channel relationships as well as focus on new product development is acting as a tailwind.

Intrusion specializes in providing AI-powered enterprise cybersecurity solutions. The company’s suite of security products helps businesses protect critical information assets by quickly detecting, analyzing and responding to network- and host-based attacks.

Intrusion’s efforts to contain costs and boost margins is noteworthy. In the last reported quarter, the company’s operating expenses were down 22% on a year over year basis.

This company is expected to post quarterly loss of $0.20 per share in its upcoming report, which represents a year-over-year change of +41.2%. Revenues are expected to be $2.56 million, up 40.7% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

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For Intrusion Inc., the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on INTZ going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Intrusion Inc. is part of the Zacks Computer - Networking industry. NetScout Systems NTCT, another stock in the same industry, closed the last trading session 0.7% lower at $32.61. NTCT has returned -2.2% in the past month.

NetScout's consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.49. Compared to the company's year-ago EPS, this represents a change of +4.3%. NetScout currently boasts a Zacks Rank of #4 (Sell).


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