Press coverage about Ideal Power (NASDAQ:IPWR) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ideal Power earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 45.4546836335709 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Ideal Power (IPWR) opened at $1.38 on Friday. Ideal Power has a 52-week low of $1.10 and a 52-week high of $3.59. The firm has a market capitalization of $19.17, a price-to-earnings ratio of -1.44 and a beta of 1.39.
Ideal Power (NASDAQ:IPWR) last released its quarterly earnings data on Thursday, November 9th. The industrial products company reported ($0.16) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.05. The firm had revenue of $0.40 million during the quarter, compared to the consensus estimate of $0.61 million. Ideal Power had a negative return on equity of 62.71% and a negative net margin of 498.74%. Ideal Power’s revenue was up .0% compared to the same quarter last year. equities analysts expect that Ideal Power will post -0.83 EPS for the current fiscal year.
IPWR has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Ideal Power from a “hold” rating to a “buy” rating and set a $1.75 price objective for the company in a research note on Wednesday, November 15th. HC Wainwright reaffirmed a “buy” rating and set a $4.00 price objective on shares of Ideal Power in a research note on Monday, November 13th. B. Riley reaffirmed a “buy” rating and set a $5.00 price objective on shares of Ideal Power in a research note on Monday, November 13th. Finally, Roth Capital set a $2.00 price objective on shares of Ideal Power and gave the stock a “hold” rating in a research note on Saturday, November 25th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company. Ideal Power presently has an average rating of “Buy” and an average target price of $4.08.
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About Ideal Power
Ideal Power Inc (Ideal Power) designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company’s PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. It sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid.
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