NASDAQ:BWEN

Broadwind (BWEN) Stock Price, News & Analysis

$2.22
+0.04 (+1.83%)
(As of 09:31 AM ET)
Today's Range
$2.20
$2.23
50-Day Range
$2.08
$2.68
52-Week Range
$2.01
$5.23
Volume
6,071 shs
Average Volume
85,381 shs
Market Capitalization
$48.11 million
P/E Ratio
6.17
Dividend Yield
N/A
Price Target
$5.50

Broadwind MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
152.3% Upside
$5.50 Price Target
Short Interest
Healthy
1.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.16mentions of Broadwind in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.17) to $0.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.70 out of 5 stars

Industrial Products Sector

64th out of 161 stocks

Nonferrous Foundries (Castings) Industry

2nd out of 2 stocks

BWEN stock logo

About Broadwind Stock (NASDAQ:BWEN)

Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. It operates through three segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to various industrial markets. It offers steel towers and adapters primarily to wind turbine manufacturers. Its Gearing segment provides gearing, gearboxes, and precision machined components to a range of customers in diverse markets, including surface and underground mining, wind energy, steel, material handling, infrastructure, onshore and offshore oil and gas fracking and drilling, marine, and other industrial markets. This segment also offers heat treat services for aftermarket and original equipment manufacturer applications. The Industrial Solutions segment provides supply chain solutions for offering instrumentation and controls, valve assemblies, sensor devices, fuel system components, electrical junction boxes and wiring, energy storage services, and electromechanical devices; light fabrication, inventory management, and kitting and assembly services; packaging solutions; and supply chain solutions, light fabrication, inventory management, and kitting and assembly services for combined cycle natural gas turbine market. It sells its products to the energy, mining, and infrastructure sectors through its direct sales force and independent sales agents. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. in May 2020. Broadwind, Inc. is headquartered in Cicero, Illinois.

BWEN Stock Price History

BWEN Stock News Headlines

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This computer whiz has been averaging 234% per year with an undefeated strategy he calls… The “Income Glitch” And he’s been making out like a bandit with a 100% success rate on over 64 trade opportunities!
Broadwind price target lowered by 50c at Roth MKM, here's why
Broadwind Inc.
Broadwind Inc
Broadwind Shares Fall After 3Q Revenue Miss
See More Headlines
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Company Calendar

Last Earnings
3/05/2024
Today
4/29/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nonferrous foundries (castings)
Sub-Industry
N/A
Current Symbol
NASDAQ:BWEN
Employees
444
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$5.50
High Stock Price Target
$8.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+152.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$7.65 million
Pretax Margin
3.88%

Debt

Sales & Book Value

Annual Sales
$203.48 million
Cash Flow
$0.69 per share
Book Value
$2.62 per share

Miscellaneous

Free Float
20,439,000
Market Cap
$47.25 million
Optionable
Optionable
Beta
1.33

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BWEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Broadwind stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Broadwind in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BWEN shares.
View BWEN analyst ratings
or view top-rated stocks.

What is Broadwind's stock price target for 2024?

3 Wall Street research analysts have issued 1 year price objectives for Broadwind's shares. Their BWEN share price targets range from $3.50 to $8.00. On average, they predict the company's share price to reach $5.50 in the next year. This suggests a possible upside of 152.3% from the stock's current price.
View analysts price targets for BWEN
or view top-rated stocks among Wall Street analysts.

How have BWEN shares performed in 2024?

Broadwind's stock was trading at $2.77 at the start of the year. Since then, BWEN stock has decreased by 21.3% and is now trading at $2.18.
View the best growth stocks for 2024 here
.

Are investors shorting Broadwind?

Broadwind saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 191,800 shares, a decrease of 20.1% from the March 31st total of 240,100 shares. Based on an average trading volume of 84,700 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.0% of the company's shares are short sold.
View Broadwind's Short Interest
.

When is Broadwind's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our BWEN earnings forecast
.

How were Broadwind's earnings last quarter?

Broadwind, Inc. (NASDAQ:BWEN) announced its quarterly earnings results on Tuesday, March, 5th. The industrial products company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.01. The industrial products company earned $46.60 million during the quarter, compared to the consensus estimate of $50.34 million. Broadwind had a trailing twelve-month return on equity of 16.15% and a net margin of 3.76%. During the same quarter last year, the business earned ($0.14) earnings per share.

What guidance has Broadwind issued on next quarter's earnings?

Broadwind issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $34.0 million-$38.0 million, compared to the consensus revenue estimate of $38.5 million.

What is Stephanie K. Kushner's approval rating as Broadwind's CEO?

2 employees have rated Broadwind Chief Executive Officer Stephanie K. Kushner on Glassdoor.com. Stephanie K. Kushner has an approval rating of 100% among the company's employees. This puts Stephanie K. Kushner in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 45.0% of employees surveyed would recommend working at Broadwind to a friend.

What other stocks do shareholders of Broadwind own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Broadwind investors own include AngloGold Ashanti (AU), Goldcorp (GG), General Electric (GE), United States Steel (X), Advanced Micro Devices (AMD), Pfizer (PFE), VBI Vaccines (VBIV), Wheaton Precious Metals (WPM) and Anavex Life Sciences (AVXL).

Who are Broadwind's major shareholders?

Broadwind's stock is owned by many different institutional and retail investors. Top institutional shareholders include Lincoln Capital Corp (0.10%). Insiders that own company stock include Daniel E Schueller, David P Reiland, Eric B Blashford, Hayes M Kennedy, Jeanette A Press, Sachin M Shivaram, Stephanie K Kushner, Stephanie K Kushner, Thomas A Wagner and Thomas A Wagner.
View institutional ownership trends
.

How do I buy shares of Broadwind?

Shares of BWEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BWEN) was last updated on 4/29/2024 by MarketBeat.com Staff

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