Zacks: Analysts Set $2.75 Target Price for Research Frontiers, Inc. (REFR)

Research Frontiers, Inc. (NASDAQ:REFR) has received a consensus broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company.

Brokers have set a one year consensus price objective of $2.75 for the company and are predicting that the company will post ($0.02) earnings per share for the current quarter, according to Zacks. Zacks has also given Research Frontiers an industry rank of 217 out of 265 based on the ratings given to its competitors.

Separately, Zacks Investment Research cut Research Frontiers from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th.

Shares of Research Frontiers (REFR) opened at $1.13 on Monday. Research Frontiers has a 12 month low of $0.86 and a 12 month high of $2.13. The stock has a market capitalization of $27.17, a P/E ratio of -8.69 and a beta of 0.07.

Research Frontiers (NASDAQ:REFR) last announced its quarterly earnings data on Thursday, November 2nd. The technology company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). Research Frontiers had a negative return on equity of 81.01% and a negative net margin of 207.76%. The company had revenue of $0.49 million for the quarter, compared to analysts’ expectations of $0.45 million. equities analysts expect that Research Frontiers will post -0.11 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this piece of content on another website, it was stolen and republished in violation of United States and international copyright and trademark law. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/01/15/zacks-analysts-set-2-75-target-price-for-research-frontiers-inc-refr.html.

About Research Frontiers

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.

Get a free copy of the Zacks research report on Research Frontiers (REFR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Research Frontiers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Research Frontiers and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply