CyberOptics Corporation (CYBE) Receiving Somewhat Favorable News Coverage, Report Shows
Media headlines about CyberOptics Corporation (NASDAQ:CYBE) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CyberOptics Corporation earned a news impact score of 0.02 on Accern’s scale. Accern also gave headlines about the scientific and technical instruments company an impact score of 46.792369220769 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities research analysts have commented on the company. Zacks Investment Research upgraded CyberOptics Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 7th. Craig Hallum set a $25.00 price objective on CyberOptics Corporation and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. ValuEngine lowered CyberOptics Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, Dougherty & Co cut their price objective on CyberOptics Corporation from $55.00 to $35.00 and set a “buy” rating for the company in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $31.67.
CyberOptics Corporation (NASDAQ:CYBE) traded up 0.44% during midday trading on Tuesday, hitting $15.92. The stock had a trading volume of 22,848 shares. The stock has a 50-day moving average price of $15.31 and a 200 day moving average price of $21.25. CyberOptics Corporation has a 12-month low of $13.75 and a 12-month high of $41.18. The firm has a market cap of $110.98 million, a P/E ratio of 13.98 and a beta of -0.31.
CyberOptics Corporation (NASDAQ:CYBE) last issued its quarterly earnings data on Thursday, July 27th. The scientific and technical instruments company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.02). CyberOptics Corporation had a return on equity of 5.94% and a net margin of 14.32%. The business had revenue of $16.41 million for the quarter, compared to analysts’ expectations of $16.02 million. On average, equities analysts anticipate that CyberOptics Corporation will post $0.37 earnings per share for the current fiscal year.
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About CyberOptics Corporation
Cyberoptics Corporation is a developer and manufacturer of sensing technology solutions. The Company’s products and services are used in the surface mount technology (SMT), semiconductor and three dimensional (3D) scanning solutions and services markets. Its products are sold into the electronics assembly, dynamic random access memory (DRAM) and flash memory, and semiconductor fabrication capital equipment markets.
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