Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) has received an average broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Brokers have set a 12 month consensus target price of $15.17 for the company and are expecting that the company will post $0.09 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Revolution Lighting Technologies an industry rank of 111 out of 265 based on the ratings given to related companies.

Several equities analysts recently issued reports on the stock. Roth Capital set a $13.00 target price on shares of Revolution Lighting Technologies and gave the company a “buy” rating in a research note on Saturday, July 1st. HC Wainwright set a $16.00 target price on shares of Revolution Lighting Technologies and gave the company a “buy” rating in a research note on Friday, July 28th.

A number of institutional investors have recently bought and sold shares of the company. Penn Capital Management Co. Inc. boosted its position in Revolution Lighting Technologies by 1.0% in the second quarter. Penn Capital Management Co. Inc. now owns 441,375 shares of the electronics maker’s stock worth $2,909,000 after buying an additional 4,485 shares in the last quarter. TIAA CREF Investment Management LLC bought a new position in Revolution Lighting Technologies during the second quarter worth $218,000. Teachers Advisors LLC bought a new position in Revolution Lighting Technologies during the second quarter worth $143,000. Systematic Financial Management LP bought a new position in Revolution Lighting Technologies during the second quarter worth $3,062,000. Finally, Signia Capital Management LLC boosted its position in Revolution Lighting Technologies by 15.0% in the second quarter. Signia Capital Management LLC now owns 831,713 shares of the electronics maker’s stock worth $5,481,000 after buying an additional 108,691 shares in the last quarter. Institutional investors own 30.13% of the company’s stock.

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Revolution Lighting Technologies (NASDAQ RVLT) opened at 7.41 on Friday. The stock’s market capitalization is $156.12 million. The stock’s 50 day moving average is $7.16 and its 200-day moving average is $7.33. Revolution Lighting Technologies has a 52-week low of $5.21 and a 52-week high of $9.17.

Revolution Lighting Technologies (NASDAQ:RVLT) last posted its earnings results on Thursday, July 27th. The electronics maker reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.01. Revolution Lighting Technologies had a negative net margin of 1.42% and a positive return on equity of 0.08%. The firm had revenue of $43.40 million during the quarter, compared to analyst estimates of $43.53 million. During the same quarter in the prior year, the firm earned $0.04 earnings per share. The business’s revenue for the quarter was up .7% on a year-over-year basis. Equities research analysts anticipate that Revolution Lighting Technologies will post $0.13 EPS for the current fiscal year.

Revolution Lighting Technologies Company Profile

Revolution Lighting Technologies, Inc designs, manufactures, markets and sells commercial grade light-emitting diode (LED) and conventional lighting fixtures. The Company operates in Lighting Products and Solutions (principally LED fixtures and lamps) segment. The Company’s products are used for outdoor and indoor applications, LED-based signage, channel-letter and contour lighting products, LED replacement lamps and commercial grade smart grid control systems.

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