We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Broadwind Energy, Inc. (BWEN) Flat As Market Gains: What You Should Know
Read MoreHide Full Article
The latest trading session saw Broadwind Energy, Inc. (BWEN - Free Report) ending at $1.43, denoting no adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq increased by 0.52%.
Shares of the company witnessed a loss of 10.63% over the previous month, trailing the performance of the Industrial Products sector with its loss of 5.98% and the S&P 500's loss of 7.33%.
The investment community will be paying close attention to the earnings performance of Broadwind Energy, Inc. in its upcoming release. It is anticipated that the company will report an EPS of -$0.03, marking a 142.86% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $33.94 million, down 9.8% from the year-ago period.
BWEN's full-year Zacks Consensus Estimates are calling for earnings of $0.07 per share and revenue of $152.66 million. These results would represent year-over-year changes of +40% and +6.65%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Broadwind Energy, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been an 80.3% fall in the Zacks Consensus EPS estimate. At present, Broadwind Energy, Inc. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Broadwind Energy, Inc. is currently exchanging hands at a Forward P/E ratio of 22. This valuation marks a discount compared to its industry's average Forward P/E of 22.46.
The Manufacturing - General Industrial industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 162, putting it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Broadwind Energy, Inc. (BWEN) Flat As Market Gains: What You Should Know
The latest trading session saw Broadwind Energy, Inc. (BWEN - Free Report) ending at $1.43, denoting no adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a gain of 0.08%, and the technology-centric Nasdaq increased by 0.52%.
Shares of the company witnessed a loss of 10.63% over the previous month, trailing the performance of the Industrial Products sector with its loss of 5.98% and the S&P 500's loss of 7.33%.
The investment community will be paying close attention to the earnings performance of Broadwind Energy, Inc. in its upcoming release. It is anticipated that the company will report an EPS of -$0.03, marking a 142.86% fall compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $33.94 million, down 9.8% from the year-ago period.
BWEN's full-year Zacks Consensus Estimates are calling for earnings of $0.07 per share and revenue of $152.66 million. These results would represent year-over-year changes of +40% and +6.65%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Broadwind Energy, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been an 80.3% fall in the Zacks Consensus EPS estimate. At present, Broadwind Energy, Inc. boasts a Zacks Rank of #3 (Hold).
From a valuation perspective, Broadwind Energy, Inc. is currently exchanging hands at a Forward P/E ratio of 22. This valuation marks a discount compared to its industry's average Forward P/E of 22.46.
The Manufacturing - General Industrial industry is part of the Industrial Products sector. This group has a Zacks Industry Rank of 162, putting it in the bottom 36% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.