Superconductor Technologies, Inc. (NASDAQ:SCON) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus target price of $3.00 for the company and are predicting that the company will post ($0.11) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Superconductor Technologies an industry rank of 180 out of 265 based on the ratings given to related companies.
A number of equities analysts recently issued reports on the stock. ValuEngine downgraded shares of Superconductor Technologies from a “sell” rating to a “strong sell” rating in a report on Friday, February 2nd. Zacks Investment Research downgraded shares of Superconductor Technologies from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. Finally, HC Wainwright reissued a “buy” rating and issued a $3.00 price objective on shares of Superconductor Technologies in a report on Friday, November 10th.
Superconductor Technologies (NASDAQ:SCON) last posted its quarterly earnings data on Thursday, November 9th. The semiconductor company reported ($0.23) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.02. The company had revenue of $0.13 million for the quarter, compared to the consensus estimate of $0.10 million. Superconductor Technologies had a negative net margin of 6,897.30% and a negative return on equity of 97.45%. analysts anticipate that Superconductor Technologies will post -0.84 earnings per share for the current fiscal year.
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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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