Shares of Hanwha Q CELLS Co., Ltd. (NASDAQ:HQCL) have received an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Brokerages have set a 12 month consensus target price of $8.00 for the company and are forecasting that the company will post $0.05 EPS for the current quarter, according to Zacks. Zacks has also assigned Hanwha Q CELLS Co. an industry rank of 72 out of 265 based on the ratings given to its competitors.
Several equities research analysts have recently commented on the company. BidaskClub raised Hanwha Q CELLS Co. from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Zacks Investment Research cut Hanwha Q CELLS Co. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 11th. Finally, Axiom Securities reissued a “sell” rating on shares of Hanwha Q CELLS Co. in a research note on Friday, September 8th.
Hanwha Q CELLS Co. (NASDAQ HQCL) traded up $0.08 during midday trading on Thursday, hitting $8.44. The stock had a trading volume of 47,700 shares, compared to its average volume of 36,913. The firm has a market cap of $698.25, a PE ratio of 46.44 and a beta of 1.99. Hanwha Q CELLS Co. has a one year low of $6.09 and a one year high of $9.84. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.97 and a quick ratio of 0.73.
Hanwha Q CELLS Co. (NASDAQ:HQCL) last released its earnings results on Friday, November 10th. The semiconductor company reported $0.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.05 by $0.01. The company had revenue of $543.00 million during the quarter, compared to analysts’ expectations of $564.60 million. Hanwha Q CELLS Co. had a return on equity of 3.54% and a net margin of 0.75%. The business’s revenue for the quarter was down 23.3% on a year-over-year basis. During the same period last year, the firm earned $0.50 EPS. equities research analysts forecast that Hanwha Q CELLS Co. will post 0.57 earnings per share for the current year.
Hanwha Q CELLS Co. Company Profile
Hanwha Q CELLS Co, Ltd., formerly Hanwha SolarOne Co, Ltd., is a global solar energy company engaged in the manufacturing of solar modules, and the development and management of downstream solar farms. It manufactures a range of photo voltaic (PV) cells and PV modules at its manufacturing facilities in China and Malaysia using manufacturing process technologies, including those developed at its research and development facilities in Germany.
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