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Stock analysts at Wedbush reduced their price target on shares of Headwaters (NYSE:HW) from $16.00 to $15.00 in a report issued on Friday. Wedbush’s target price points to a potential upside of 35.50% from the stock’s previous close.

A number of other analysts have also recently weighed in on HW. Analysts at Stifel Nicolaus cut their price target on shares of Headwaters from $16.50 to $15.00 in a research note on Thursday. Analysts at Canaccord Genuity cut their price target on shares of Headwaters from $15.00 to $14.00 in a research note on Wednesday.

Shares of Headwaters (NYSE:HW) traded up 3.55% on Friday, hitting $11.07. 992,119 shares of the company’s stock traded hands. Headwaters has a 1-year low of $8.30 and a 1-year high of $14.16. The stock has a 50-day moving average of $12.97 and a 200-day moving average of $12.54. The company has a market cap of $810.4 million and a price-to-earnings ratio of 89.08.

Headwaters (NYSE:HW) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.08. The company had revenue of $223.00 million for the quarter, compared to the consensus estimate of $222.32 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was up 13.4% on a year-over-year basis. On average, analysts predict that Headwaters will post $0.32 earnings per share for the current fiscal year.

Headwaters Incorporated (NYSE:HW) provides products, technologies and services in the building products, construction materials and energy industries.

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