Innovative Solutions & Support expands beyond avionics with certified cockpit solutions, strengthening its position to capture rising aircraft modernization and retrofit demand.
Innovative Solutions and Support (ISSC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Innovative Aerosystems has successfully integrated Honeywell assets, restoring margins above 50% and strengthening its balance sheet. ISSC accelerated its roll-up strategy with three recent acquisitions, targeting complementary avionics and power generation assets to drive recurring revenue. Management set an ambitious $250M revenue target by FY2029, implying over 30% annual growth, though a 20% base case seems more realistic.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 11,291 | $231,804 | $205,407 | -$26,397 | -11.39% |
Point72 Asset Management LP Point72 Asset Management LP | 34,154 | $646,877.1 | $623,481.27 | -$23,395.83 | -3.62% |
Jeff Ameen Spire Wealth Management | 100 | $1,249 | $1,837 | $588 | 47.08% |
| PF Phillip Fitzsimmons Hennion & Walsh Asset Management Inc. | 186,853 | $3.55M | $3.41M | -$142,068.75 | -4% |
Ana-Maria Ignat Covestor Ltd | 310 | $5,871.4 | $5,601.7 | -$269.7 | -4.59% |
| Aerospace & Defense Industry | Industrials Sector | Shahram Askarpour CEO | NASDAQ (NGS) Exchange | 45769N105 CUSIP |
| US Country | 147 Employees | 26 Sep 2022 Last Dividend | 8 Jul 2005 Last Split | 4 Aug 2000 IPO Date |
Innovative Solutions and Support, Inc., positioned as a systems integrator, specializes in the design, development, manufacturing, selling, and servicing of advanced flight guidance, autothrottle, and cockpit display systems on a global scale. With its headquarters in Exton, Pennsylvania, and incorporated in 1988, the company caters to a wide range of clients, including commercial air transport carriers, corporate/general aviation companies, the Department of Defense alongside its commercial contractors, various aircraft operators, aircraft modification centers, governmental agencies, foreign militaries, and original equipment manufacturers. By leveraging technology and innovation, Innovative Solutions and Support, Inc. seeks to enhance the functionality, safety, and efficiency of aviation operations worldwide.