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) Advances But Underperforms Market: Key Facts
Read MoreHide Full Article
Broadwind Energy, Inc. (BWEN - Free Report) closed the most recent trading day at $1.54, moving +0.65% from the previous trading session. This move lagged the S&P 500's daily gain of 1.47%. Meanwhile, the Dow experienced a rise of 1.39%, and the technology-dominated Nasdaq saw an increase of 1.51%.
Shares of the company witnessed a loss of 1.92% over the previous month, trailing the performance of the Industrial Products sector with its loss of 1.14% and the S&P 500's loss of 0.47%.
Market participants will be closely following the financial results of Broadwind Energy, Inc. in its upcoming release. The company plans to announce its earnings on May 13, 2025. The company is forecasted to report an EPS of -$0.03, showcasing a 142.86% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $33.94 million, down 9.8% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.07 per share and revenue of $152.66 million, which would represent changes of +40% and +6.65%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Broadwind Energy, Inc. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Broadwind Energy, Inc. currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Broadwind Energy, Inc. currently has a Forward P/E ratio of 23.54. This signifies a premium in comparison to the average Forward P/E of 20.64 for its industry.
The Manufacturing - General Industrial industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 167, positioning it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming 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) Advances But Underperforms Market: Key Facts
Broadwind Energy, Inc. (BWEN - Free Report) closed the most recent trading day at $1.54, moving +0.65% from the previous trading session. This move lagged the S&P 500's daily gain of 1.47%. Meanwhile, the Dow experienced a rise of 1.39%, and the technology-dominated Nasdaq saw an increase of 1.51%.
Shares of the company witnessed a loss of 1.92% over the previous month, trailing the performance of the Industrial Products sector with its loss of 1.14% and the S&P 500's loss of 0.47%.
Market participants will be closely following the financial results of Broadwind Energy, Inc. in its upcoming release. The company plans to announce its earnings on May 13, 2025. The company is forecasted to report an EPS of -$0.03, showcasing a 142.86% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $33.94 million, down 9.8% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.07 per share and revenue of $152.66 million, which would represent changes of +40% and +6.65%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Broadwind Energy, Inc. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Broadwind Energy, Inc. currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Broadwind Energy, Inc. currently has a Forward P/E ratio of 23.54. This signifies a premium in comparison to the average Forward P/E of 20.64 for its industry.
The Manufacturing - General Industrial industry is part of the Industrial Products sector. Currently, this industry holds a Zacks Industry Rank of 167, positioning it in the bottom 33% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.