News coverage about Broadwind Energy (NASDAQ:BWEN) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Broadwind Energy earned a media sentiment score of 0.19 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 45.7891804888937 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern’s rankings:
- Broadwind Energy (BWEN) Presents At 6th Annual Liolios Gateway Conference – Slideshow (seekingalpha.com)
- Broadwind Energy, Inc. (BWEN) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Broadwind Energy, Inc. (BWEN) Given $6.50 Consensus Target Price by Brokerages (americanbankingnews.com)
- Broadwind Energy, Inc. (BWEN) Downgraded to Sell at ValuEngine (americanbankingnews.com)
Broadwind Energy (BWEN) traded down 6.53% during trading on Thursday, reaching $3.29. 69,323 shares of the company’s stock traded hands. The company’s 50 day moving average is $3.70 and its 200-day moving average is $5.51. The stock has a market cap of $49.47 million, a price-to-earnings ratio of 7.48 and a beta of 1.66. Broadwind Energy has a 52-week low of $2.94 and a 52-week high of $9.80.
Broadwind Energy (NASDAQ:BWEN) last announced its quarterly earnings results on Tuesday, August 1st. The industrial products company reported ($0.05) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.05). Broadwind Energy had a return on equity of 3.27% and a net margin of 3.53%. The firm had revenue of $43.40 million for the quarter, compared to analysts’ expectations of $43.17 million. The firm’s quarterly revenue was up .0% on a year-over-year basis. On average, analysts anticipate that Broadwind Energy will post $0.12 earnings per share for the current fiscal year.
Several research firms have commented on BWEN. Zacks Investment Research raised shares of Broadwind Energy from a “sell” rating to a “hold” rating in a report on Wednesday. ValuEngine lowered shares of Broadwind Energy from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Roth Capital set a $5.00 target price on shares of Broadwind Energy and gave the company a “buy” rating in a report on Wednesday, August 2nd. Finally, Cowen and Company reissued an “outperform” rating and issued a $8.00 target price (down from $9.00) on shares of Broadwind Energy in a report on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $6.58.
About Broadwind Energy
Broadwind Energy, Inc provides technologically advanced products and services to energy, mining and infrastructure sector customers, primarily in the United States. The Company is engaged primarily in United States wind energy industry. The Company operates through two segments: Towers and Weldments, and Gearing.
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