HC Wainwright Issues Optimistic Forecast for BWEN Earnings

Broadwind Energy, Inc. (NASDAQ:BWEN) – Equities research analysts at HC Wainwright raised their Q4 2026 earnings estimates for shares of Broadwind Energy in a report released on Thursday, March 12th. HC Wainwright analyst A. Dayal now forecasts that the industrial products company will post earnings of $0.04 per share for the quarter, up from their previous forecast of $0.02. HC Wainwright has a “Buy” rating and a $6.00 price objective on the stock. The consensus estimate for Broadwind Energy’s current full-year earnings is $0.01 per share.

BWEN has been the subject of several other reports. Weiss Ratings reissued a “hold (c)” rating on shares of Broadwind Energy in a research note on Monday, December 22nd. Wall Street Zen lowered shares of Broadwind Energy from a “hold” rating to a “sell” rating in a research report on Saturday. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $6.00.

Broadwind Energy Trading Down 2.2%

Shares of Broadwind Energy stock opened at $2.19 on Friday. The stock has a market cap of $50.81 million, a P/E ratio of 9.95 and a beta of 1.45. The company has a quick ratio of 0.66, a current ratio of 1.97 and a debt-to-equity ratio of 0.12. Broadwind Energy has a 12-month low of $1.41 and a 12-month high of $4.15. The business’s 50 day moving average is $2.87 and its 200-day moving average is $2.63.

Broadwind Energy (NASDAQ:BWEN) last posted its quarterly earnings data on Wednesday, March 11th. The industrial products company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). The business had revenue of $37.74 million for the quarter, compared to analyst estimates of $36.18 million. Broadwind Energy had a negative return on equity of 1.94% and a net margin of 3.32%.

Hedge Funds Weigh In On Broadwind Energy

Several large investors have recently modified their holdings of BWEN. Corsair Capital Management L.P. bought a new stake in shares of Broadwind Energy during the 2nd quarter worth about $30,000. Quinn Opportunity Partners LLC lifted its position in Broadwind Energy by 0.8% during the second quarter. Quinn Opportunity Partners LLC now owns 502,008 shares of the industrial products company’s stock worth $909,000 after acquiring an additional 4,000 shares during the last quarter. XTX Topco Ltd lifted its position in Broadwind Energy by 88.3% during the fourth quarter. XTX Topco Ltd now owns 52,577 shares of the industrial products company’s stock worth $149,000 after acquiring an additional 24,652 shares during the last quarter. Mariner LLC boosted its holdings in shares of Broadwind Energy by 17.1% during the fourth quarter. Mariner LLC now owns 36,120 shares of the industrial products company’s stock worth $102,000 after acquiring an additional 5,268 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Broadwind Energy by 62.0% during the fourth quarter. LPL Financial LLC now owns 31,637 shares of the industrial products company’s stock worth $90,000 after acquiring an additional 12,102 shares during the period. 33.27% of the stock is owned by institutional investors.

About Broadwind Energy

Broadwind Energy, Inc (NASDAQ: BWEN) is an engineering and manufacturing company focused on the design, production and service of heavy industrial equipment for energy infrastructure and related markets. The company’s offerings include custom-engineered gearboxes, couplings, hydrodynamic drives and utility-scale wind turbine towers. In addition to new equipment, Broadwind Energy provides aftermarket repair, refurbishment and testing services to support the long-term operation of energy and industrial assets.

The company operates through two principal segments.