HC Wainwright Issues Positive Forecast for BWEN Earnings

Broadwind Energy, Inc. (NASDAQ:BWENFree Report) – HC Wainwright lifted their Q4 2026 earnings per share (EPS) estimates for shares of Broadwind Energy in a note issued to investors on Thursday, March 12th. HC Wainwright analyst A. Dayal now anticipates that the industrial products company will post earnings of $0.04 per share for the quarter, up from their previous forecast of $0.02. HC Wainwright currently has a “Buy” rating and a $6.00 target price on the stock. The consensus estimate for Broadwind Energy’s current full-year earnings is $0.01 per share.

Broadwind Energy (NASDAQ:BWENGet Free Report) last released its quarterly earnings results on Wednesday, March 11th. The industrial products company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). Broadwind Energy had a net margin of 3.32% and a negative return on equity of 1.94%. The business had revenue of $37.74 million for the quarter, compared to analyst estimates of $36.18 million.

A number of other research analysts have also recently issued reports on BWEN. Wall Street Zen cut Broadwind Energy from a “hold” rating to a “sell” rating in a report on Saturday. Weiss Ratings reissued a “hold (c)” rating on shares of Broadwind Energy in a report on Monday, December 22nd. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $6.00.

Get Our Latest Stock Analysis on Broadwind Energy

Broadwind Energy Price Performance

Broadwind Energy stock opened at $2.19 on Friday. The business’s fifty day moving average is $2.87 and its two-hundred day moving average is $2.62. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.66 and a current ratio of 1.97. The firm has a market cap of $50.81 million, a P/E ratio of 9.95 and a beta of 1.45. Broadwind Energy has a 52 week low of $1.41 and a 52 week high of $4.15.

Institutional Investors Weigh In On Broadwind Energy

A number of institutional investors and hedge funds have recently made changes to their positions in BWEN. XTX Topco Ltd acquired a new position in shares of Broadwind Energy during the second quarter valued at $25,000. Virtu Financial LLC bought a new stake in Broadwind Energy during the 3rd quarter worth about $31,000. Corsair Capital Management L.P. bought a new stake in Broadwind Energy during the 2nd quarter worth about $30,000. Goldman Sachs Group Inc. acquired a new position in Broadwind Energy during the 1st quarter valued at about $25,000. Finally, Macco Financial Group Inc. acquired a new position in Broadwind Energy during the 4th quarter valued at about $59,000. Institutional investors own 33.27% of the company’s stock.

About Broadwind Energy

(Get Free Report)

Broadwind Energy, Inc (NASDAQ: BWEN) is an engineering and manufacturing company focused on the design, production and service of heavy industrial equipment for energy infrastructure and related markets. The company’s offerings include custom-engineered gearboxes, couplings, hydrodynamic drives and utility-scale wind turbine towers. In addition to new equipment, Broadwind Energy provides aftermarket repair, refurbishment and testing services to support the long-term operation of energy and industrial assets.

The company operates through two principal segments.

Further Reading

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