Media coverage about Broadwind Energy (NASDAQ:BWEN) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Broadwind Energy earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.6148531486574 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Broadwind Energy traded down $0.03, hitting $2.47, during midday trading on Friday, Marketbeat reports. 34,601 shares of the company traded hands, compared to its average volume of 26,735. The firm has a market capitalization of $38.44 million, a PE ratio of -4.49 and a beta of 1.16. The company has a current ratio of 0.83, a quick ratio of 0.38 and a debt-to-equity ratio of 0.04. Broadwind Energy has a 12 month low of $2.10 and a 12 month high of $5.20.
Broadwind Energy (NASDAQ:BWEN) last announced its quarterly earnings results on Friday, May 4th. The industrial products company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.12). The company had revenue of $29.97 million for the quarter, compared to the consensus estimate of $29.50 million. Broadwind Energy had a negative net margin of 12.27% and a negative return on equity of 21.05%. research analysts anticipate that Broadwind Energy will post -0.3 earnings per share for the current year.
Several equities analysts have commented on BWEN shares. ValuEngine lowered shares of Broadwind Energy from a “sell” rating to a “strong sell” rating in a report on Wednesday, February 28th. Zacks Investment Research raised shares of Broadwind Energy from a “sell” rating to a “hold” rating in a report on Friday, February 23rd. Finally, TheStreet lowered shares of Broadwind Energy from a “c-” rating to a “d” rating in a report on Monday, April 23rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. Broadwind Energy has an average rating of “Hold” and a consensus price target of $6.50.
Broadwind Energy Company Profile
Broadwind Energy, Inc provides products to the energy, mining, and infrastructure sector customers primarily in the United States. It operates through three segments: Towers and Heavy Fabrications, Gearing, and Process Systems. The Towers and Heavy Fabrications segment manufactures towers that are designed for various megawatt wind turbines primarily serving wind turbine manufacturers; and specialty fabrications and specialty weldments for mining and other industrial customers.
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