Research Frontiers, Inc. (REFR) Given Consensus Rating of “Buy” by Brokerages
Shares of Research Frontiers, Inc. (NASDAQ:REFR) have been assigned an average broker rating score of 2.00 (Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has given a strong buy rating to the company.
Analysts have set a 1 year consensus target price of $2.75 for the company and are expecting that the company will post ($0.03) EPS for the current quarter, according to Zacks. Zacks has also assigned Research Frontiers an industry rank of 212 out of 265 based on the ratings given to its competitors.
A number of research firms recently issued reports on REFR. ValuEngine upgraded Research Frontiers from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Zacks Investment Research downgraded Research Frontiers from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th.
Research Frontiers (NASDAQ:REFR) last issued its earnings results on Thursday, November 2nd. The technology company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). Research Frontiers had a negative return on equity of 81.01% and a negative net margin of 207.76%. The business had revenue of $0.49 million for the quarter, compared to analyst estimates of $0.45 million. research analysts forecast that Research Frontiers will post -0.11 earnings per share for the current fiscal year.
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Research Frontiers Company Profile
Research Frontiers Incorporated (Research Frontiers) is engaged in the development and marketing of technology and devices to control the flow of light. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and market either the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, lamination services, electronics to power end-products incorporating the film, or the end-products themselves, such as smart windows, skylights and sunroofs.
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