Superconductor Technologies Inc. (SCON) Given Average Rating of “Strong Buy” by Analysts
Superconductor Technologies Inc. (NASDAQ:SCON) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Analysts have set a twelve-month consensus price objective of $3.00 for the company and are expecting that the company will post ($0.25) earnings per share for the current quarter, according to Zacks. Zacks has also given Superconductor Technologies an industry rank of 180 out of 265 based on the ratings given to related companies.
Several research analysts have issued reports on SCON shares. HC Wainwright set a $3.00 target price on Superconductor Technologies and gave the stock a “buy” rating in a research report on Friday, August 11th. Zacks Investment Research cut Superconductor Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th.
Superconductor Technologies (NASDAQ:SCON) last released its quarterly earnings data on Thursday, August 10th. The semiconductor company reported ($0.24) EPS for the quarter, topping the consensus estimate of ($0.27) by $0.03. Superconductor Technologies had a negative return on equity of 99.84% and a negative net margin of 26,445.00%. The company had revenue of $0.01 million during the quarter, compared to the consensus estimate of $0.18 million. On average, analysts forecast that Superconductor Technologies will post ($0.92) earnings per share for the current year.
Superconductor Technologies Company Profile
Superconductor Technologies Inc is engaged in developing and commercializing high temperature superconductor (HTS) materials and related technologies. The Company operates through the research, development, manufacture and marketing of high performance products used in cellular base stations segment.
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