Media coverage about Ideal Power (NASDAQ:IPWR) has been trending somewhat positive recently, according to Accern. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ideal Power earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 46.5061298188038 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have effected Accern’s analysis:
Shares of NASDAQ IPWR opened at $1.26 on Friday. The stock has a market capitalization of $18.19, a PE ratio of -1.62 and a beta of 1.11. Ideal Power has a 52-week low of $1.06 and a 52-week high of $3.29.
Ideal Power (NASDAQ:IPWR) last issued its earnings results on Tuesday, March 6th. The industrial products company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.04. Ideal Power had a negative net margin of 852.02% and a negative return on equity of 66.57%. The company had revenue of $0.24 million for the quarter, compared to the consensus estimate of $0.71 million. sell-side analysts forecast that Ideal Power will post -0.53 EPS for the current year.
A number of research firms recently commented on IPWR. Roth Capital reissued a “hold” rating and set a $1.00 target price on shares of Ideal Power in a research report on Wednesday, March 7th. HC Wainwright reissued a “buy” rating and set a $4.00 target price on shares of Ideal Power in a research report on Wednesday, March 7th. B. Riley cut shares of Ideal Power from a “buy” rating to a “neutral” rating and decreased their target price for the company from $5.00 to $2.50 in a research report on Wednesday, March 7th. Finally, Zacks Investment Research cut shares of Ideal Power from a “buy” rating to a “hold” rating in a research report on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $3.00.
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Ideal Power Company Profile
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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