Broadwind Energy Inc. (NASDAQ:BWEN) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1 year consensus price target of $2.75 for the company and are predicting that the company will post ($0.06) EPS for the current quarter, according to Zacks. Zacks has also given Broadwind Energy an industry rank of 157 out of 256 based on the ratings given to related companies.

Several equities analysts have weighed in on BWEN shares. ValuEngine cut Broadwind Energy from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Zacks Investment Research upgraded Broadwind Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, September 11th.

NASDAQ BWEN traded down $0.01 during mid-day trading on Monday, hitting $1.90. The company’s stock had a trading volume of 44 shares, compared to its average volume of 18,922. The company has a current ratio of 0.85, a quick ratio of 0.32 and a debt-to-equity ratio of 0.44. The company’s 50 day simple moving average is $1.84 and its 200 day simple moving average is $1.88. Broadwind Energy has a twelve month low of $1.15 and a twelve month high of $2.59. The firm has a market capitalization of $32.00 million, a price-to-earnings ratio of -2.24 and a beta of 1.87.

Broadwind Energy (NASDAQ:BWEN) last issued its quarterly earnings data on Friday, August 2nd. The industrial products company reported ($0.06) earnings per share for the quarter, meeting the consensus estimate of ($0.06). Broadwind Energy had a negative return on equity of 19.96% and a negative net margin of 10.78%. The business had revenue of $41.17 million for the quarter, compared to analysts’ expectations of $41.50 million. As a group, research analysts forecast that Broadwind Energy will post -0.21 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Amundi Pioneer Asset Management Inc. grew its holdings in Broadwind Energy by 139.4% during the 2nd quarter. Amundi Pioneer Asset Management Inc. now owns 330,085 shares of the industrial products company’s stock valued at $3,842,000 after buying an additional 192,208 shares in the last quarter. River & Mercantile Asset Management LLP acquired a new stake in shares of Broadwind Energy during the second quarter valued at about $417,000. Vanguard Group Inc. grew its stake in shares of Broadwind Energy by 41.9% during the second quarter. Vanguard Group Inc. now owns 540,684 shares of the industrial products company’s stock valued at $1,200,000 after acquiring an additional 159,647 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Broadwind Energy during the second quarter valued at about $29,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Broadwind Energy by 69.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 19,270 shares of the industrial products company’s stock valued at $43,000 after acquiring an additional 7,900 shares in the last quarter. Institutional investors own 40.65% of the company’s stock.

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 fabrications of heavy weldments for mining and other industrial customers.

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