Shares of Broadwind Energy Inc. (NASDAQ:BWEN) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a 1-year consensus target price of $2.75 for the company and are expecting that the company will post $0.05 earnings per share for the current quarter, according to Zacks. Zacks has also given Broadwind Energy an industry rank of 228 out of 254 based on the ratings given to related companies.
Several analysts have recently issued reports on the stock. ValuEngine raised shares of Broadwind Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, March 11th. Zacks Investment Research raised shares of Broadwind Energy from a “hold” rating to a “buy” rating and set a $2.00 price objective for the company in a research note on Monday, May 11th.
BWEN stock traded down $0.08 during midday trading on Friday, hitting $2.08. The stock had a trading volume of 174,052 shares, compared to its average volume of 812,222. The firm has a market cap of $35.94 million, a PE ratio of -14.40 and a beta of 1.43. The company has a debt-to-equity ratio of 0.51, a current ratio of 0.88 and a quick ratio of 0.30. Broadwind Energy has a 12-month low of $1.12 and a 12-month high of $2.59. The company’s 50-day moving average price is $1.62 and its 200 day moving average price is $1.64.
Broadwind Energy (NASDAQ:BWEN) last released its earnings results on Friday, May 8th. The industrial products company reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.04. The firm had revenue of $48.63 million during the quarter, compared to analysts’ expectations of $49.60 million. Broadwind Energy had a negative net margin of 1.36% and a negative return on equity of 4.24%. As a group, sell-side analysts anticipate that Broadwind Energy will post 0.17 EPS for the current year.
Broadwind Energy Company Profile
Broadwind Energy, Inc provides products to the energy, mining, and infrastructure sector customers primarily in the United States. It operates through three segments: Towers and Heavy Fabrications, Gearing, and Process Systems. The Towers and Heavy Fabrications segment manufactures towers that are designed for various megawatt wind turbines primarily serving wind turbine manufacturers; and fabrications of heavy weldments for mining and other industrial customers.
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