Broadwind Energy Inc. (NASDAQ:BWEN) has earned a consensus 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 recommendation.
Analysts have set a 12 month consensus price target of $5.50 for the company and are predicting that the company will post ($0.30) EPS for the current quarter, according to Zacks. Zacks has also given Broadwind Energy an industry rank of 80 out of 265 based on the ratings given to related companies.
BWEN has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of Broadwind Energy from a “hold” rating to a “sell” rating in a report on Monday, September 25th. ValuEngine downgraded shares of Broadwind Energy from a “sell” rating to a “strong sell” rating in a report on Sunday, December 31st. Finally, Roth Capital set a $5.00 price objective on shares of Broadwind Energy and gave the stock a “buy” rating in a report on Tuesday, October 31st.
Shares of Broadwind Energy (NASDAQ:BWEN) opened at $2.76 on Friday. The firm has a market cap of $43.17, a PE ratio of 11.50 and a beta of 1.55. Broadwind Energy has a 1-year low of $2.34 and a 1-year high of $9.80. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.99 and a quick ratio of 0.43.
Broadwind Energy (NASDAQ:BWEN) last posted its quarterly earnings data on Tuesday, October 31st. The industrial products company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.02. The business had revenue of $29.60 million during the quarter, compared to the consensus estimate of $29.84 million. Broadwind Energy had a net margin of 2.05% and a negative return on equity of 1.31%. The company’s quarterly revenue was down 30.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.08 earnings per share. analysts forecast that Broadwind Energy will post -0.07 EPS for the current fiscal year.
About Broadwind Energy
Broadwind Energy, Inc provides technologically advanced products and services to energy, mining and infrastructure sector customers, primarily in the United States. The Company is engaged primarily in United States wind energy industry. The Company operates through two segments: Towers and Weldments, and Gearing.
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