
Current Price | $6.87 | Mkt Cap | $119.8M |
---|---|---|---|
Open | $6.61 | P/E Ratio | 23.85 |
Prev. Close | $6.87 | Div. (Yield) | $0.00 (0.0%) |
Daily Range | $6.61 - $6.89 | Volume | 15,178 |
52-Wk Range | $5.77 - $9.60 | Avg. Daily Vol. | 15,334 |
The Company designs, develops, manufactures and sells flight information computers, large flat-panel displays and advanced monitoring systems that measure and display critical flight information.
Current Price | $6.87 | Mkt Cap | $119.8M |
---|---|---|---|
Open | $6.61 | P/E Ratio | 23.85 |
Prev. Close | $6.87 | Div. (Yield) | $0.00 (0.0%) |
Daily Range | $6.61 - $6.89 | Volume | 15,178 |
52-Wk Range | $5.77 - $9.60 | Avg. Daily Vol. | 15,334 |
The best Bull and Bear pitches based on recency and number of recommendations.
The company is the market leader in the field of flight avionics .It designs, manufactures and sells products like flat panel displays and airdata products used for flight information to Department of Defense and commercial aviation sector. Adding to… More
Check out my 8/9 blogpost as to why I made this pick.
Read the most recent pitches from players about ISSC.
Recs
ISSC has underperformed in recent years while spending heavily on R&D. They now have a greatly expanded product line and are set to begin benefiting from years of investment in these new products. Last year, Delta awarded a 60m contract to ISSC for an upgrade that includes a "complete Systems Integration, Dual GPS Navigation and Cockpit Avionics upgrade of Delta’s MD88 and MD90 aircraft." As the stock has pulled back after the news, I expect this to be a good entry point for patient investors looking to benefit from a cyclical upturn for this company.
The company has no debt and approximately 16m in cash. The CEO sold his former aerospace company to Smith Aerospace, and they paid a large dividend in 2012 while buying back 200k+ shares. The CEO maintains a 20% ownership in the company, and I believe management's interest is aligned with shareholders. The catalyst here is additional follow-on orders that should see a corresponding increase in backlog and eventually show up in improved earnings. Further FAA mandates for upgrades may also act as a catalyst Alternatively, a larger aerospace company could be interested in acquiring ISSC.
Recs
Sales in the second quarter of fiscal 2008 were $6.8 million, up from $4.0 million in the second quarter of fiscal 2007, and up sequentially from $4.7 million in the first quarter of fiscal 2008. Revenues in the second quarter of fiscal 2008 quarter were comprised of a diversified mix of both Flat Panel Display, including Eclipse Aviation deliveries, and Air Data shipments. Gross margins in the second quarter of 2008 rose to 44.4%, up on a year-over-year basis from 23.7% in last year's second quarter and also up sequentially from 22.7% in the first quarter of fiscal 2008. Product margins in the current quarter were 40.3%.
Recs
This Company has seen a disastrous 6 months going from a high of 29 to a low of 7; but so did most of the market. What I like about this stock is that at the moment it has released its financial statements, and posted a loss bigger than expected, so its stock has suffered a bit more. However, with the FAA tightening on Airline Regulations, and this company providing one of the major players in bringing airlines into US State Certification in order to fly here. The airlines(domestic) are going through major issues themselves right now besides regulation (oil prices anyone?) but foreign airlines still have to bring their aircraft into our Regulations if they want to fly into the country. And we have just relaxed a couple of rules to fly from Europe, where the euro is kicking the greenback, so more tourists are going to want to fly here= more airlines flying into the US= more Regulations have to be met= More money for ISSC. If that doesn't convince you, then I'll let you know that they have a HUGE amount of backlog for this year and the next with a bag of chips left over.
Find the members with the highest scoring picks in ISSC.
SloopJohnB06 (96.53) Score: +215.47
The Score Leader is the player with the highest score across all their picks in ISSC.
Top Pick |
Member Name |
Member Rating |
Start Date |
Call |
Time Frame |
Start Price |
Stock Gain |
Index Gain |
Score | Commentary |
---|---|---|---|---|---|---|---|---|---|---|
SloopJohnB06 | 96.53 | 12/26/2006 |
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1Y | $6.78 | +1.28% | +216.75% | +215.47 | 0 Comment | |
babababooya | 71.10 | 9/7/2007 |
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NS | $7.44 | -7.62% | +201.99% | +209.61 | 0 Comment | |
tlevine984 | 97.30 | 8/14/2007 |
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NS | $6.88 | -0.11% | +203.61% | +203.73 | 0 Comment | |
killerpuppy | 88.64 | 9/28/2007 |
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1Y | $7.88 | -12.83% | +188.27% | +201.09 | 0 Comment | |
froiland77 | 66.68 | 8/14/2007 |
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NS | $6.41 | +7.19% | +207.35% | +200.16 | 0 Comment | |
airphotos | 36.10 | 9/27/2007 |
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3Y | $7.37 | -6.75% | +187.92% | +194.67 | 0 Comment | |
dwotBuyback | < 20 | 1/28/2008 |
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5Y | $4.72 | +45.44% | +228.63% | +183.19 | 0 Comment | |
ahknaten74 | 92.47 | 3/24/2008 |
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NS | $4.39 | +56.61% | +226.89% | +170.27 | 0 Comment | |
fosterg09 | < 20 | 4/9/2008 |
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NS | $4.42 | +55.60% | +222.10% | +166.51 | 0 Comment | |
GibyTest | 38.43 | 3/5/2008 |
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5Y | $3.93 | +74.98% | +228.25% | +153.27 | 0 Comment |
See what the Wall Street professionals think, according to their public statements and filings.