The price of Broadwind Inc. (NASDAQ: BWEN) closed at $5.92 in the last session, up 9.53% from day before closing price of $5.41. In other words, the price has increased by $+0.51 from its previous closing price. On the day, 774366 shares were traded. BWEN stock price reached its highest trading level at $5.95 during the session, while it also had its lowest trading level at $5.40.
We take a closer look at BWEN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 11 when Blashford Eric B. bought 5,000 shares for $1.69 per share. The transaction valued at 8,450 led to the insider holds 362,408 shares of the business.
Schueller Daniel E. bought 4,800 shares of BWEN for $8,016 on Nov 11. The Pres., Broadwind Heavy Fab. now owns 114,504 shares after completing the transaction at $1.67 per share.
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 2.50.
Stock Price History:
Over the past 52 weeks, BWEN has reached a high of $6.05, while it has fallen to a 52-week low of $1.46. The 50-Day Moving Average of the stock is 2.34, while the 200-Day Moving Average is calculated to be 2.20.
According to the various share statistics, BWEN traded on average about 1.42M shares per day over the past 3-months and 8.43M shares per day over the past 10 days. A total of 20.51M shares are outstanding, with a floating share count of 18.64M. Insiders hold about 2.80% of the company’s shares, while institutions hold 24.60% stake in the company. Shares short for BWEN as of Oct 13, 2022 were 331.8k with a Short Ratio of 0.31M, compared to 287.46k on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.62% and a Short% of Float of 1.74%.
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.06 for the current quarter, with a high estimate of -$0.06 and a low estimate of -$0.07, while EPS last year was -$0.11. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.03 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.34 and -$0.45 for the fiscal current year, implying an average EPS of -$0.41. EPS for the following year is -$0.09, with 3 analysts recommending between $0.05 and -$0.19.
A total of 3 analysts have provided revenue estimates for BWEN’s current fiscal year. The highest revenue estimate was $191.42M, while the lowest revenue estimate was $179.1M, resulting in an average revenue estimate of $185.04M. In the same quarter a year ago, actual revenue was $145.62M, up 27.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $198.75M in the next fiscal year. The high estimate is $200.6M and the low estimate is $196.9M. The average revenue growth estimate for next year is up 7.40% from the average revenue estimate for this year.