Equities analysts predict that Aqua Metals, Inc. (NASDAQ:AQMS) will announce ($0.29) earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Aqua Metals’ earnings, with estimates ranging from ($0.29) to ($0.28). Aqua Metals posted earnings of ($0.30) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 3.3%. The company is scheduled to announce its next earnings results on Tuesday, February 13th.
According to Zacks, analysts expect that Aqua Metals will report full-year earnings of ($1.22) per share for the current fiscal year, with EPS estimates ranging from ($1.28) to ($1.15). For the next year, analysts expect that the business will post earnings of ($0.79) per share, with EPS estimates ranging from ($0.95) to ($0.63). Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that follow Aqua Metals.
Aqua Metals (NASDAQ:AQMS) last announced its quarterly earnings data on Thursday, November 9th. The business services provider reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.04). The firm had revenue of $0.59 million during the quarter, compared to analysts’ expectations of $0.65 million.
AQMS has been the topic of several recent research reports. HC Wainwright restated a “buy” rating and set a $25.00 price target on shares of Aqua Metals in a research report on Monday, August 14th. Zacks Investment Research upgraded Aqua Metals from a “sell” rating to a “hold” rating in a report on Thursday, October 12th. Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $34.00 price objective on shares of Aqua Metals in a report on Friday, November 10th. Finally, ValuEngine cut Aqua Metals from a “hold” rating to a “sell” rating in a report on Friday, August 11th. Two research analysts have rated the stock with a sell rating and six have given a buy rating to the company’s stock. Aqua Metals presently has an average rating of “Buy” and a consensus target price of $28.60.
Aqua Metals (NASDAQ AQMS) traded up $0.21 on Friday, reaching $3.25. The company had a trading volume of 437,938 shares, compared to its average volume of 371,737. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.77 and a current ratio of 4.01. Aqua Metals has a fifty-two week low of $2.90 and a fifty-two week high of $22.75.
A number of large investors have recently made changes to their positions in AQMS. American International Group Inc. increased its holdings in shares of Aqua Metals by 8.1% in the 1st quarter. American International Group Inc. now owns 6,678 shares of the business services provider’s stock worth $130,000 after purchasing an additional 499 shares in the last quarter. First Mercantile Trust Co. bought a new stake in Aqua Metals during the second quarter valued at about $126,000. Janus Henderson Group PLC bought a new stake in Aqua Metals during the second quarter valued at about $149,000. Sigma Planning Corp bought a new stake in Aqua Metals during the second quarter valued at about $150,000. Finally, Virtu KCG Holdings LLC bought a new stake in Aqua Metals during the second quarter valued at about $160,000. Institutional investors and hedge funds own 38.87% of the company’s stock.
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Aqua Metals Company Profile
Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.
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