Headlines about Microvision (NASDAQ:MVIS) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Microvision earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the electronics maker an impact score of 44.784048444763 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Microvision (NASDAQ MVIS) opened at $1.47 on Friday. The company has a market capitalization of $115.54, a price-to-earnings ratio of -4.59 and a beta of -0.04. Microvision has a 12-month low of $1.15 and a 12-month high of $3.25.
Microvision (NASDAQ:MVIS) last issued its quarterly earnings data on Thursday, November 2nd. The electronics maker reported ($0.07) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.07). The company had revenue of $6.09 million during the quarter, compared to analysts’ expectations of $5.24 million. Microvision had a negative return on equity of 335.81% and a negative net margin of 193.59%. The business’s revenue was up 52.3% on a year-over-year basis. During the same period last year, the business earned ($0.08) earnings per share. equities analysts predict that Microvision will post -0.3 EPS for the current fiscal year.
Several brokerages recently commented on MVIS. Zacks Investment Research cut Microvision from a “buy” rating to a “hold” rating in a research report on Wednesday, October 18th. ValuEngine cut Microvision from a “hold” rating to a “sell” rating in a research report on Thursday, November 2nd. S&P Equity Research raised their target price on Microvision from $1.75 to $2.22 in a research report on Thursday, November 2nd. Finally, HC Wainwright set a $4.00 target price on Microvision and gave the stock a “buy” rating in a research report on Thursday, November 16th. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $3.34.
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Microvision, Inc is a developer of laser beam scanning (LBS) technology. The Company markets its technology under the brand name, PicoP. It has developed PicoP scanning technology that can be adopted by its customers to create high-resolution miniature projection, and three-dimensional sensing and image capture solutions that use laser diodes as the light source.
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