Equities analysts predict that Aqua Metals Inc (NASDAQ:AQMS) will report $1.27 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Aqua Metals’ earnings, with the highest sales estimate coming in at $1.75 million and the lowest estimate coming in at $800,000.00. The business is expected to report its next quarterly earnings results on Tuesday, February 13th.
According to Zacks, analysts expect that Aqua Metals will report full-year sales of $1.27 million for the current fiscal year, with estimates ranging from $2.00 million to $2.94 million. For the next year, analysts expect that the firm will post sales of $22.97 million per share, with estimates ranging from $17.54 million to $28.40 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover Aqua Metals.
A number of research analysts recently commented on the company. Zacks Investment Research cut Aqua Metals from a “hold” rating to a “sell” rating in a research note on Monday. Eurobank EFG reduced their target price on Aqua Metals from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday. Oppenheimer reissued a “buy” rating and issued a $34.00 target price on shares of Aqua Metals in a research note on Friday, November 10th. Finally, HC Wainwright reissued a “buy” rating on shares of Aqua Metals in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $25.83.
Aqua Metals (AQMS) opened at $2.79 on Thursday. The company has a market capitalization of $60.61, a price-to-earnings ratio of -2.16 and a beta of 0.70. The company has a debt-to-equity ratio of 0.19, a current ratio of 4.01 and a quick ratio of 3.77. Aqua Metals has a 12 month low of $1.42 and a 12 month high of $22.75.
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About Aqua Metals
Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.
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