How Have the Numbers Shaped Up for Broadwind (NASDAQ:BWEN)

0
76

Earnings results for Broadwind (NASDAQ:BWEN)

Broadwind, Inc. is expected* to report earnings on 08/06/2021 before market open. The report will be for the fiscal Quarter ending Jun 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.13. The reported EPS for the same quarter last year was $0.03.

Broadwind last issued its earnings results on May 6th, 2021. The industrial products company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.10. The company earned $32.73 million during the quarter, compared to analysts’ expectations of $37.42 million. Broadwind has generated ($0.09) earnings per share over the last year (($0.22) diluted earnings per share). Earnings for Broadwind are expected to grow by 50.00% in the coming year, from $0.08 to $0.12 per share. Broadwind has confirmed that its next quarterly earnings report will be published on Friday, August 6th, 2021. Broadwind will be holding an earnings conference call on Friday, August 6th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode “13721138”.

Analyst Opinion on Broadwind (NASDAQ:BWEN)

3 Wall Street analysts have issued ratings and price targets for Broadwind in the last 12 months. Their average twelve-month price target is $6.67, predicting that the stock has a possible upside of 83.15%. The high price target for BWEN is $8.00 and the low price target for BWEN is $6.00. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Broadwind has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $6.67, Broadwind has a forecasted upside of 83.2% from its current price of $3.64. Broadwind has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Broadwind (NASDAQ:BWEN)

Broadwind does not currently pay a dividend. Broadwind does not have a long track record of dividend growth.

Insiders buying/selling: Broadwind (NASDAQ:BWEN)

In the past three months, Broadwind insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $230,687.00 in company stock. 10.10% of the stock of Broadwind is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 38.07% of the stock of Broadwind is held by institutions.

Earnings and Valuation of Broadwind (NASDAQ:BWEN

Earnings for Broadwind are expected to grow by 50.00% in the coming year, from $0.08 to $0.12 per share. The P/E ratio of Broadwind is -16.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Broadwind is -16.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Broadwind has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here