Equities analysts expect Aqua Metals, Inc. (NASDAQ:AQMS) to announce $650,000.00 in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Aqua Metals’ earnings, with estimates ranging from $600,000.00 to $690,000.00. The business is scheduled to issue its next earnings results on Monday, November 6th.

On average, analysts expect that Aqua Metals will report full year sales of $650,000.00 for the current financial year, with estimates ranging from $2.70 million to $3.13 million. For the next fiscal year, analysts forecast that the firm will post sales of $52.77 million per share, with estimates ranging from $40.50 million to $65.04 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that cover Aqua Metals.

Aqua Metals (NASDAQ:AQMS) last issued its earnings results on Wednesday, August 9th. The business services provider reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.20) by $0.10. The firm had revenue of $0.60 million during the quarter, compared to the consensus estimate of $1.23 million.

AQMS has been the subject of a number of recent research reports. ValuEngine cut Aqua Metals from a “hold” rating to a “sell” rating in a report on Saturday, May 20th. Rodman & Renshaw initiated coverage on Aqua Metals in a report on Thursday, June 22nd. They issued a “buy” rating and a $25.00 target price for the company. HC Wainwright initiated coverage on Aqua Metals in a report on Thursday, June 22nd. They issued a “buy” rating and a $25.00 target price for the company. Finally, Zacks Investment Research raised Aqua Metals from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Two equities research analysts have rated the stock with a sell rating and six have issued a buy rating to the stock. Aqua Metals presently has an average rating of “Buy” and an average price target of $26.33.

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Aqua Metals (NASDAQ AQMS) traded up 0.88% on Tuesday, reaching $5.72. The company had a trading volume of 291,172 shares. The company has a 50-day moving average of $9.17 and a 200 day moving average of $13.62. Aqua Metals has a one year low of $5.43 and a one year high of $22.75. The stock’s market cap is $115.34 million.

Several institutional investors and hedge funds have recently modified their holdings of the company. American International Group Inc. raised 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 buying an additional 499 shares in the last quarter. Boston Partners raised its holdings in shares of Aqua Metals by 1.1% in the 2nd quarter. Boston Partners now owns 56,300 shares of the business services provider’s stock worth $707,000 after buying an additional 600 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of Aqua Metals by 34.8% in the 1st quarter. Oppenheimer & Co. Inc. now owns 13,733 shares of the business services provider’s stock worth $268,000 after buying an additional 3,543 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in Aqua Metals by 47.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 13,979 shares of the business services provider’s stock worth $176,000 after acquiring an additional 4,499 shares during the last quarter. Finally, California State Teachers Retirement System grew its position in Aqua Metals by 18.5% during the 2nd quarter. California State Teachers Retirement System now owns 29,440 shares of the business services provider’s stock worth $369,000 after acquiring an additional 4,600 shares during the last quarter. 42.63% of the stock is owned by institutional investors and hedge funds.

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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Earnings History and Estimates for Aqua Metals (NASDAQ:AQMS)

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