Hennessy Capital Acquisition Corp (NASDAQ:BLBD) has been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the company, 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. Hennessy Capital Acquisition’s rating score has declined by 100% from 90 days ago as a result of a number of analysts’ ratings changes.
Brokers have set a 1-year consensus target price of $24.67 for the company and are predicting that the company will post $0.22 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Hennessy Capital Acquisition an industry rank of 74 out of 265 based on the ratings given to its competitors.
Several equities analysts recently commented on the company. BidaskClub downgraded Hennessy Capital Acquisition from a “buy” rating to a “hold” rating in a research report on Tuesday. Stifel Nicolaus downgraded Hennessy Capital Acquisition from a “buy” rating to a “hold” rating and set a $23.00 target price for the company. in a research report on Friday, February 9th. They noted that the move was a valuation call. Roth Capital set a $26.00 target price on Hennessy Capital Acquisition and gave the stock a “buy” rating in a research report on Thursday, February 8th. Finally, ValuEngine upgraded Hennessy Capital Acquisition from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st.
Hennessy Capital Acquisition (BLBD) opened at $23.90 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 0.38 and a debt-to-equity ratio of -1.34. The company has a market capitalization of $567.15, a P/E ratio of 35.67, a P/E/G ratio of 0.99 and a beta of 1.37. Hennessy Capital Acquisition has a 52-week low of $15.66 and a 52-week high of $24.10.
Hennessy Capital Acquisition (NASDAQ:BLBD) last posted its earnings results on Wednesday, February 7th. The company reported ($0.12) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.14). The company had revenue of $162.55 million for the quarter, compared to the consensus estimate of $147.65 million. Hennessy Capital Acquisition had a negative return on equity of 32.04% and a net margin of 2.90%. analysts forecast that Hennessy Capital Acquisition will post 1.59 earnings per share for the current fiscal year.
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Hennessy Capital Acquisition Company Profile
Blue Bird Corporation designs, engineers, manufactures, and sells school buses and aftermarket parts in the United States, Canada, and internationally. It offers Type C, Type D, and specialty buses, as well as Sigma, a bus for public transportation. The company sells its products through a network of dealers, as well as directly to fleet operators, the United States government, and state governments.
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