News headlines about Ideal Power (NASDAQ:IPWR) have trended positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Ideal Power earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 45.9591384858914 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have impacted Accern’s scoring:

Several research analysts have recently issued reports on IPWR shares. HC Wainwright set a $4.00 target price on shares of Ideal Power and gave the company a “buy” rating in a research note on Friday, August 11th. Zacks Investment Research raised shares of Ideal Power from a “hold” rating to a “buy” rating and set a $1.75 target price on the stock in a research note on Wednesday, November 15th. B. Riley reaffirmed a “buy” rating and issued a $5.00 target price on shares of Ideal Power in a research note on Monday, November 13th. ValuEngine lowered shares of Ideal Power from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Finally, Roth Capital set a $2.00 target price on shares of Ideal Power and gave the company a “hold” rating in a research note on Saturday, November 25th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $4.13.

Ideal Power (NASDAQ:IPWR) traded down $0.09 during trading on Thursday, reaching $1.93. 83,900 shares of the company traded hands, compared to its average volume of 90,009. Ideal Power has a twelve month low of $1.40 and a twelve month high of $4.65.

Ideal Power (NASDAQ:IPWR) last released its quarterly earnings data on Thursday, November 9th. The industrial products company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.05. Ideal Power had a negative net margin of 839.03% and a negative return on equity of 83.89%. The business had revenue of $0.40 million for the quarter, compared to analyst estimates of $0.61 million. The business’s revenue was up .0% compared to the same quarter last year. analysts forecast that Ideal Power will post -0.84 earnings per share for the current fiscal year.

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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.

Insider Buying and Selling by Quarter for Ideal Power (NASDAQ:IPWR)

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