Analysts expect Microvision, Inc. (NASDAQ:MVIS) to post earnings of ($0.09) per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Microvision’s earnings, with the lowest EPS estimate coming in at ($0.09) and the highest estimate coming in at ($0.08). Microvision reported earnings of ($0.08) per share during the same quarter last year, which indicates a negative year over year growth rate of 12.5%. The firm is expected to issue its next quarterly earnings report on Thursday, August 2nd.

According to Zacks, analysts expect that Microvision will report full year earnings of ($0.32) per share for the current financial year, with EPS estimates ranging from ($0.33) to ($0.31). For the next fiscal year, analysts anticipate that the company will report earnings of ($0.21) per share, with EPS estimates ranging from ($0.21) to ($0.20). Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Microvision.

Microvision (NASDAQ:MVIS) last issued its quarterly earnings data on Wednesday, May 9th. The electronics maker reported ($0.09) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.09). The firm had revenue of $2.19 million during the quarter, compared to the consensus estimate of $2.73 million. Microvision had a negative net margin of 209.39% and a negative return on equity of 421.25%. During the same quarter in the previous year, the firm posted ($0.08) EPS.

Several research analysts recently weighed in on MVIS shares. Zacks Investment Research raised shares of Microvision from a “sell” rating to a “buy” rating and set a $1.50 target price for the company in a report on Wednesday, May 16th. HC Wainwright set a $4.00 target price on shares of Microvision and gave the stock a “buy” rating in a report on Thursday, May 10th.

Microvision stock traded down $0.01 during mid-day trading on Friday, hitting $1.05. The stock had a trading volume of 382,939 shares, compared to its average volume of 1,078,576. The company has a market capitalization of $98.59 million, a P/E ratio of -3.18 and a beta of -0.31. Microvision has a one year low of $1.00 and a one year high of $3.25.

A hedge fund recently raised its stake in Microvision stock. Deutsche Bank AG increased its position in Microvision, Inc. (NASDAQ:MVIS) by 151.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 173,821 shares of the electronics maker’s stock after buying an additional 104,816 shares during the period. Deutsche Bank AG owned about 0.22% of Microvision worth $282,000 at the end of the most recent quarter. 25.04% of the stock is currently owned by institutional investors.

About Microvision

MicroVision, Inc develops PicoP scanning technology that provides high-resolution miniature projection, and three-dimensional sensing and image capture solutions in the United States. Its PicoP scanning technology comprises micro-electrical mechanical systems, laser diodes, opto-mechanics, and electronics.

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