Broadwind Inc. (NASDAQ:BWEN) shares traded higher over the last trading session, gaining 22.73% on 12/22/20. The shares fell to a low of $4.5666 before closing at $5.40. Intraday shares traded counted 1.0 million, which was -215.04% lower than its 30-day average trading volume of 317.25K. BWEN’s previous close was $4.40 while the outstanding shares total 16.87M. The firm has a beta of 1.56. The stock’s Relative Strength Index (RSI) is 70.32, with weekly volatility at 11.25% and ATR at 0.43. The BWEN stock’s 52-week price range has touched low of $1.12 and a $5.78 high.
Investors have identified the Specialty Industrial Machinery company Broadwind Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $87.05 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Broadwind Inc. (BWEN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 56.12 million total, with 52.84 million as their total liabilities.
BWEN were able to record -4.07 million as free cash flow during the Q3 2020 quarter of the year, this saw their quarterly net cash flow reduce by 0.13 million. In cash movements, the company had a total of -2.48 million as operating cash flow.
Potential earnings growth for Broadwind Inc. (BWEN)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the Q3 2020 quarter of the year, Broadwind Inc. recorded a total of 54.61 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 15.52% coming in sequential stages and their sales for the Q3 2020 quarter reducing by -0.57%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 50.88 million trying to sell their products during the last quarter, with the result yielding a gross income of 3.74 million. This allows shareholders to hold on to 16.87M with the recently reported earning now reading -0.06 cents per share. This is a figure that compared to analyst’s prediction for their Q3 2020 (-0.06 cents a share).
Having a look at the company’s valuation, the company is expected to record 0.27 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on BWEN sounds very interesting.
Is the stock of BWEN attractive?
In related news, Director, Wagner Thomas A. sold 5,000 shares of the company’s stock in a transaction that recorded on Nov 16. The sale was performed at an average price of 3.60, for a total value of 18,000. As the sale deal closes, the Director, KUSHNER STEPHANIE K now sold 19,002 shares of the company’s stock, valued at 60,045. Also, Director, REILAND DAVID P bought 10,000 shares of the company’s stock in a deal that was recorded on Mar 13. The shares were price at an average price of 1.30 per share, with a total market value of 13,000. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.40%.
4 out of 4 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Broadwind Inc.. 0 analysts has assigned a Sell rating on the BWEN stock. The 12-month mean consensus price target for the company’s shares has been set at $6.00.