Broadwind (BWEN) to Release Earnings on Wednesday

Broadwind (NASDAQ:BWEN) is scheduled to be releasing its earnings data before the market opens on Wednesday, November 13th. Analysts expect Broadwind to post earnings of ($0.04) per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Broadwind (NASDAQ:BWEN) last posted its quarterly earnings data on Tuesday, August 13th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. The firm had revenue of $36.45 million for the quarter, compared to the consensus estimate of $37.13 million. Broadwind had a return on equity of 13.11% and a net margin of 4.19%. During the same quarter in the previous year, the business earned $0.07 EPS. On average, analysts expect Broadwind to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Broadwind Price Performance

BWEN stock opened at $1.84 on Tuesday. The company has a current ratio of 1.51, a quick ratio of 0.52 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $40.46 million, a PE ratio of 5.41 and a beta of 1.44. Broadwind has a 12-month low of $1.80 and a 12-month high of $4.65. The business’s fifty day moving average price is $2.09 and its 200 day moving average price is $2.73.

Analyst Ratings Changes

Several research firms recently commented on BWEN. Roth Mkm lowered their target price on Broadwind from $4.00 to $3.50 and set a “buy” rating for the company in a research note on Wednesday, August 14th. HC Wainwright reaffirmed a “buy” rating and set a $8.00 price objective on shares of Broadwind in a research report on Wednesday, August 14th. StockNews.com cut Broadwind from a “buy” rating to a “hold” rating in a research report on Thursday, August 8th. Finally, Craig Hallum lowered their price objective on Broadwind from $5.00 to $4.00 and set a “buy” rating for the company in a research report on Wednesday, August 14th.

Broadwind Company Profile

Broadwind, Inc manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets.