Research Frontiers Incorporated (Research Frontiers) is engaged in the development and marketing of technology and devices to control the flow of light. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and market either the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, lamination services, electronics to power end-products incorporating the film, or the end-products themselves, such as smart windows, skylights and sunroofs. Research Frontiers has approximately 40 companies that, in the aggregate, are licensed to serve over four SPD-Smart application areas, including aerospace, architectural, automotive and marine products. Its VariGuard business unit markets and sells SPD-Smart products directly to customers for specialty uses, such as the protection of artwork and light-sensitive documents in museums and private collections.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Lighting Fixtures
- Sub-Industry: N/A
- Symbol: NASDAQ:REFR
- CUSIP: N/A
- Web: www.smartglass.com
Capitalization:- Market Cap: $29.4 million
- Outstanding Shares: 24,043,000
Average Prices:- 50 Day Moving Avg: $1.17
- 200 Day Moving Avg: $1.27
- 52 Week Range: $0.98 - $2.93
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -40.77
- P/E Growth: -0.48
Sales & Book Value:- Annual Revenue: $1.32 million
- Price / Sales: 22.28
- Book Value: $0.14 per share
- Price / Book: 8.49
Profitability:- EBIDTA: ($3,220,000.00)
- Net Margins: -255.89%
- Return on Equity: -73.14%
- Return on Assets: -66.66%
Debt:- Current Ratio: 8.15%
- Quick Ratio: 8.15%
Misc:- Average Volume: 34,584 shs.
- Beta: 0.27
- Short Ratio: 44.48
Frequently Asked Questions for Research Frontiers Incorporated (NASDAQ:REFR)
What is Research Frontiers Incorporated's stock symbol?
Research Frontiers Incorporated trades on the NASDAQ under the ticker symbol "REFR."
How were Research Frontiers Incorporated's earnings last quarter?
Research Frontiers Incorporated (NASDAQ:REFR) released its earnings results on Thursday, August, 3rd. The company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. The firm earned $0.35 million during the quarter, compared to analysts' expectations of $0.38 million. Research Frontiers Incorporated had a negative return on equity of 73.14% and a negative net margin of 255.89%. View Research Frontiers Incorporated's Earnings History.
When will Research Frontiers Incorporated make its next earnings announcement?
Where is Research Frontiers Incorporated's stock going? Where will Research Frontiers Incorporated's stock price be in 2017?
1 brokers have issued 12 month target prices for Research Frontiers Incorporated's stock. Their predictions range from $4.00 to $4.00. On average, they anticipate Research Frontiers Incorporated's stock price to reach $4.00 in the next twelve months. View Analyst Ratings for Research Frontiers Incorporated.
What are analysts saying about Research Frontiers Incorporated stock?
Here are some recent quotes from research analysts about Research Frontiers Incorporated stock:
- 1. According to Zacks Investment Research, "RESEARCH FRONTIERS INC. is primarily engaged in the development and licensing of suspended particle technology and devices to control the transmission of light. " (8/10/2017)
- 2. Westpark Capital analysts commented, "REFR's top line revenues for 4Q16 stood at $278K, which represents a 27% Y/Y decline, and its EPS stood at ($0.05). The company's revenues and EPS came in well below our estimates at WestPark Capital. For 4Q16, we forecasted revenues of $762K and EPS of ($0.01). The company's management cited tough year over year comparisons, lower demand from certain Mercedes models and design enhancements in certain aircraft models lead to lower deployment of its SPD-Smart Glass. We continue to believe that the announcement of a new OEM sometime in mid-2017, remains the major catalyst for the stock. We trim our price target from $6 to $4 and reiterate our Outperform Rating." (3/14/2017)
Who are some of Research Frontiers Incorporated's key competitors?
Some companies that are related to Research Frontiers Incorporated include Evolving Systems (EVOL), RadiSys Corporation (RSYS), Neonode (NEON), Nano Dimension (NNDM), On Track Innovations Ltd (OTIV), China Finance Online Co. Limited (JRJC), Intermolecular (IMI), Netlist (NLST), NetSol Technologies (NTWK), Black Box Corporation (BBOX), ARC Group Worldwide (ARCW), support.com (SPRT), Westell Technologies (WSTL), Turtle Beach Corporation (HEAR), O2Micro International Limited (OIIM), iPass (IPAS), Xplore Technologies Corp (XPLR) and NXT-ID (NXTD).
Who are Research Frontiers Incorporated's key executives?
Research Frontiers Incorporated's management team includes the folowing people:
- Robert L. Saxe, Chairman of the Board, Chief Technology Officer
- Joseph M. Harary, President, Chief Executive Officer, Director
- Seth L. Van Voorhees Ph.D., Chief Financial Officer, Vice President - Business Development
- Michael R. LaPointe, Vice President - Marketing
- Steven M. Slovak, Vice President - Technology
- Darryl Daigle, Independent Director
- Gregory G. Grimes, Independent Director
- Alexander Kaganowicz, Independent Director
Who owns Research Frontiers Incorporated stock?
Research Frontiers Incorporated's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (2.32%), Shufro Rose & Co. LLC (0.55%) and Connors Investor Services Inc. (0.52%). Company insiders that own Research Frontiers Incorporated stock include Alexander Kaganowicz, Darryl Daigle and Voorhees Seth Van. View Institutional Ownership Trends for Research Frontiers Incorporated.
Who sold Research Frontiers Incorporated stock? Who is selling Research Frontiers Incorporated stock?
Who bought Research Frontiers Incorporated stock? Who is buying Research Frontiers Incorporated stock?
Research Frontiers Incorporated's stock was purchased by a variety of institutional investors in the last quarter, including Shufro Rose & Co. LLC. Company insiders that have bought Research Frontiers Incorporated stock in the last two years include Alexander Kaganowicz, Darryl Daigle and Voorhees Seth Van. View Insider Buying and Selling for Research Frontiers Incorporated.
How do I buy Research Frontiers Incorporated stock?
Shares of Research Frontiers Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Research Frontiers Incorporated's stock price today?
One share of Research Frontiers Incorporated stock can currently be purchased for approximately $1.22.
MarketBeat Community Rating for Research Frontiers Incorporated (NASDAQ REFR)MarketBeat's community ratings are surveys of what our community members think about Research Frontiers Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Research Frontiers Incorporated (NASDAQ:REFR) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Buy Rating |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $4.00 (227.06% upside) |
Analysts' Ratings History for Research Frontiers Incorporated (NASDAQ:REFR)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/7/2017 | Westpark Capital | Set Price Target | Buy | $4.00 | High |  |
| 8/5/2016 | Craig Hallum | Downgrade | Buy -> Hold | | N/A | |
(Data available from 9/19/2015 forward)
Earnings History for Research Frontiers Incorporated (NASDAQ:REFR)Earnings History by Quarter for Research Frontiers Incorporated (NASDAQ REFR)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/1/2017 | | ($0.01) | | | | | N/A | |
| 8/3/2017 | Q2 2017 | ($0.03) | ($0.02) | $0.38 million | $0.35 million | View | Listen | |
| 5/4/2017 | Q1 2017 | ($0.05) | ($0.04) | $0.41 million | $0.39 million | View | Listen | |
| 3/13/2017 | Q4 2016 | ($0.04) | ($0.06) | $0.58 million | $0.28 million | View | N/A | |
| 5/5/2016 | Q116 | ($0.05) | ($0.05) | $0.50 million | $0.41 million | View | N/A | |
| 3/10/2016 | Q415 | ($0.02) | ($0.08) | $0.60 million | $0.38 million | View | Listen | |
| 11/4/2015 | Q315 | ($0.02) | ($0.03) | $0.80 million | $0.45 million | View | N/A | |
| 8/4/2015 | Q215 | ($0.05) | ($0.02) | $0.45 million | $0.80 million | View | N/A | |
| 11/4/2014 | | ($0.11) | ($0.06) | $0.50 million | $0.45 million | View | N/A | |
| 8/4/2014 | | ($0.04) | ($0.04) | $0.40 million | $0.40 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Research Frontiers Incorporated (NASDAQ:REFR)2017 EPS Consensus Estimate: ($0.14)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | ($0.04) | ($0.04) | ($0.04) |
| Q2 2017 | 1 | ($0.04) | ($0.04) | ($0.04) |
| Q3 2017 | 1 | ($0.03) | ($0.03) | ($0.03) |
| Q4 2017 | 1 | ($0.03) | ($0.03) | ($0.03) |
(Data provided by Zacks Investment Research)
Dividend History for Research Frontiers Incorporated (NASDAQ:REFR)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Research Frontiers Incorporated (NASDAQ:REFR)Insider Ownership Percentage: 11.60%
Institutional Ownership Percentage: 17.49%
Insider Trades by Quarter for Research Frontiers Incorporated (NASDAQ:REFR)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/12/2017 | Voorhees Seth Van | CFO | Buy | 4,000 | $1.15 | $4,600.00 | |
| 8/11/2017 | Darryl Daigle | Director | Buy | 1,500 | $1.10 | $1,650.00 | |
| 8/9/2017 | Darryl Daigle | Director | Buy | 2,500 | $1.16 | $2,900.00 | |
| 8/4/2017 | Alexander Kaganowicz | Director | Buy | 6,000 | $1.24 | $7,440.00 | |
| 3/21/2017 | Alexander Kaganowicz | Director | Buy | 1,000 | $1.44 | $1,440.00 | |
| 3/20/2017 | Alexander Kaganowicz | Director | Buy | 3,000 | $1.48 | $4,440.00 | |
| 1/22/2015 | Alexander Kaganowicz | Director | Buy | 2,000 | $5.05 | $10,100.00 | |
| 9/23/2014 | Alexander Kaganowicz | Director | Buy | 2,000 | $5.10 | $10,200.00 | |
| 9/19/2014 | Robert L Saxe | Chairman | Sell | 6,212 | $5.19 | $32,240.28 | |
| 7/18/2014 | Alexander Kaganowicz | Director | Buy | 3,000 | $5.59 | $16,770.00 | |
| 6/19/2014 | Alexander Kaganowicz | Director | Buy | 2,000 | $5.39 | $10,780.00 | |
| 6/16/2014 | Alexander Kaganowicz | Director | Buy | 2,000 | $5.90 | $11,800.00 | |
| 5/20/2014 | Kevin Douglas | Insider | Buy | 53,107 | $5.52 | $293,150.64 | |
| 5/19/2014 | Alexander Kaganowicz | Director | Buy | 2,000 | $5.62 | $11,240.00 | |
| 5/16/2014 | Alexander Kaganowicz | Director | Buy | 3,000 | $5.33 | $15,990.00 | |
| 5/16/2014 | Kevin Douglas | Insider | Buy | 59,991 | $5.30 | $317,952.30 | |
| 5/15/2014 | Darryl Daigle | Director | Buy | 2,450 | $5.29 | $12,960.50 | |
| 5/14/2014 | Kevin Douglas | Insider | Buy | 29,308 | $5.24 | $153,573.92 | |
| 5/8/2014 | Kevin Douglas | Insider | Buy | 750,000 | $4.65 | $3,487,500.00 | |
| 3/21/2014 | Alexander Kaganowicz | Director | Buy | 2,000 | $5.80 | $11,600.00 | |
| 3/20/2014 | Alexander Kaganowicz | Director | Buy | 2,000 | $5.76 | $11,520.00 | |
| 1/3/2014 | Alexander Kaganowicz | Director | Buy | 2,000 | $6.37 | $12,740.00 | |
| 12/31/2013 | Darryl Daigle | Director | Buy | 1,500 | $5.69 | $8,535.00 | |
| 12/18/2013 | Alexander Kaganowicz | Director | Buy | 1,000 | $5.77 | $5,770.00 | |
| 12/13/2013 | Darryl Daigle | Director | Buy | 1,150 | $5.69 | $6,543.50 | |
| 12/5/2013 | Alexander Kaganowicz | Director | Buy | 2,000 | $6.98 | $13,960.00 | |
| 11/26/2013 | Alexander Kaganowicz | Director | Buy | 2,000 | $7.30 | $14,600.00 | |
| 11/22/2013 | Steven Michael Slovak | VP | Sell | 15,000 | $7.07 | $106,050.00 | |
| 11/21/2013 | Michael R Lapointe | VP | Sell | 1,500 | $6.80 | $10,200.00 | |
| 11/12/2013 | Alexander Kaganowicz | Director | Buy | 3,000 | $5.10 | $15,300.00 | |
| 11/11/2013 | Alexander Kaganowicz | Director | Buy | 2,000 | $5.00 | $10,000.00 | |
| 8/26/2013 | Darryl Daigle | Director | Buy | 1,410 | $4.28 | $6,034.80 | |
| 8/16/2013 | Alexander Kaganowicz | Director | Buy | 2,000 | $4.39 | $8,780.00 | |
| 8/12/2013 | Alexander Kaganowicz | Director | Buy | 1,000 | $4.44 | $4,440.00 | |
| 8/9/2013 | Alexander Kaganowicz | Director | Buy | 7,000 | $4.52 | $31,640.00 | |
| 8/9/2013 | Steven Michael Slovak | VP | Sell | 10,000 | $4.70 | $47,000.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Research Frontiers Incorporated (NASDAQ:REFR)
Latest Headlines for Research Frontiers Incorporated (NASDAQ:REFR)
| Source: |
|
| Date | Headline |
|---|
 | Research Frontiers Incorporated (REFR) Expected to Post Earnings of -$0.02 Per Share
www.americanbankingnews.com - September 11 at 10:08 PM |
| Research Frontiers Incorporated (REFR) Lifted to Sell at ValuEngine
www.americanbankingnews.com - September 2 at 4:30 PM |
 | Lippert Components and Knaus Each Showcase SPD-SmartGlass Dimmable Recreational Vehicle Windows From Vision Systems at Caravan Salon 2017
finance.yahoo.com - August 31 at 9:17 AM |
| $480,000.00 in Sales Expected for Research Frontiers Incorporated (REFR) This Quarter
www.americanbankingnews.com - August 26 at 2:54 PM |
| ETFs with exposure to Research Frontiers, Inc. : August 25, 2017
finance.yahoo.com - August 26 at 8:49 AM |
| Welcome to the Family! Two New 2018 S-Class Sedan Models Feature the Magic Sky Control Panoramic Roof Using SPD-SmartGlass Technology From Research Frontiers
finance.yahoo.com - August 22 at 6:12 AM |
| Research Frontiers, Inc. :REFR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 17 at 7:19 AM |
| Zacks: Brokerages Expect Research Frontiers Incorporated (NASDAQ:REFR) Will Post Quarterly Sales of $470,000.00
www.americanbankingnews.com - August 8 at 9:54 AM |
| Westpark Capital Reiterates "$4.00" Price Target for Research Frontiers Incorporated (NASDAQ:REFR)
www.americanbankingnews.com - August 7 at 3:38 PM |
| Investor Network: Research Frontiers Incorporated to Host Earnings Call
finance.yahoo.com - August 4 at 7:29 AM |
| Research Frontiers Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 4 at 7:29 AM |
| Research Frontiers Incorporated (NASDAQ:REFR) Posts Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - August 3 at 7:02 PM |
| Research Frontiers to Host Second Quarter 2017 Conference Call
finance.yahoo.com - August 1 at 5:39 AM |
| LSI Industries (LYTS) vs. Research Frontiers (REFR) Head-To-Head Contrast
www.americanbankingnews.com - July 26 at 11:58 PM |
| LSI Industries (LYTS) versus Research Frontiers (REFR) Head to Head Comparison
www.americanbankingnews.com - July 26 at 2:28 PM |
| Comparing Energy Focus (EFOI) & Research Frontiers (REFR)
www.americanbankingnews.com - July 21 at 2:26 PM |
| Head to Head Contrast: Research Frontiers (NASDAQ:REFR) & Orion Energy Systems (OESX)
www.americanbankingnews.com - July 18 at 1:17 PM |
| Research Frontiers (NASDAQ:REFR) vs. Energy Focus (EFOI) Head to Head Review
www.americanbankingnews.com - July 16 at 7:46 AM |
| Research Frontiers Incorporated (NASDAQ:REFR) Expected to Post Quarterly Sales of $380,000.00
www.americanbankingnews.com - July 16 at 7:42 AM |
| Zacks: Brokerages Expect Research Frontiers Incorporated (REFR) to Post -$0.03 Earnings Per Share
www.americanbankingnews.com - July 15 at 12:26 AM |
| Contrasting Research Frontiers (REFR) and Acuity Brands (AYI)
www.americanbankingnews.com - July 11 at 12:20 AM |
| Contrasting Acuity Brands (AYI) & Research Frontiers (REFR)
www.americanbankingnews.com - June 22 at 10:46 PM |
| $380,000.00 in Sales Expected for Research Frontiers Incorporated (REFR) This Quarter
www.americanbankingnews.com - June 22 at 10:04 AM |
| Head-To-Head Analysis: Research Frontiers (REFR) versus Orion Energy Systems (OESX)
www.americanbankingnews.com - June 22 at 12:20 AM |
| Brokerages Anticipate Research Frontiers Incorporated (REFR) Will Announce Earnings of -$0.03 Per Share
www.americanbankingnews.com - June 20 at 8:42 PM |
| PPG Aerospace Showcases Vision Systems SPD-Smart Electronically Dimmable Window (EDW) at Paris Air Show
finance.yahoo.com - June 19 at 10:04 AM |
| Research Frontiers, Inc. (REFR) Upgraded to "Sell" by ValuEngine
www.americanbankingnews.com - June 10 at 11:12 PM |
| VariGuard to Exhibit Its SPD-SmartGlass Products at the National Meeting of the American Institute for Conservation of Historic and Artistic Works
finance.yahoo.com - May 30 at 9:34 AM |
| Research Frontiers, Inc. (REFR) Expected to Announce Quarterly Sales of $380,000.00
www.americanbankingnews.com - May 27 at 8:18 AM |
| New SPD-Smart Electronically Dimmable Window (EDW) Programs, Partnerships and Products Highlight 2017 EBACE Show
finance.yahoo.com - May 26 at 6:27 AM |
| Research Frontiers, Inc. (REFR) Expected to Announce Earnings of -$0.04 Per Share
www.americanbankingnews.com - May 25 at 4:28 PM |
| Zacks.com featured highlights: Summer Infant, TerraVia Holdings, Addus HomeCare,Schnitzer Steel Industries and Research Frontiers
finance.yahoo.com - May 23 at 6:53 PM |
| Blog Coverage: PPG Aerospace and Research Frontiers' Licensee Vision Systems to Jointly Develop Window Shading Application for Aircrafts
finance.yahoo.com - May 22 at 9:23 AM |
| PPG Aerospace and Vision Systems Enter Into Commercial Agreement for SPD-Smart Electronically Dimmable Window (EDW) Aircraft Solutions
finance.yahoo.com - May 19 at 12:22 PM |
| Research Frontiers, Inc. (REFR) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 17 at 7:30 AM |
| ETFs with exposure to Research Frontiers, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 6:44 PM |
| Research Frontiers, Inc. :REFR-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 7:01 PM |
| Research Frontiers, Inc. (REFR) Rating Reiterated by Westpark Capital
www.americanbankingnews.com - May 8 at 12:58 PM |
| Research Frontiers, Inc. (REFR) Posts Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - May 5 at 4:40 PM |
| Research Frontiers, Inc. (REFR) Sees Large Increase in Short Interest
www.americanbankingnews.com - May 4 at 8:10 PM |
 | Research Frontiers reports 1Q loss
marketbeat.com - May 4 at 6:34 PM |
| $410,000.00 in Sales Expected for Research Frontiers, Inc. (REFR) This Quarter
www.americanbankingnews.com - May 4 at 2:00 PM |
| Research Frontiers (REFR) Receiving Favorable News Coverage, Study Shows
www.americanbankingnews.com - May 3 at 11:14 PM |
| Research Frontiers to Host First Quarter 2017 Conference Call
finance.yahoo.com - May 3 at 7:27 PM |
| ETFs with exposure to Research Frontiers, Inc. : May 2, 2017
finance.yahoo.com - May 2 at 5:19 PM |
| -$0.05 EPS Expected for Research Frontiers, Inc. (REFR) This Quarter
www.americanbankingnews.com - May 2 at 11:28 AM |
| Research Frontiers' SPD-SmartGlass Licensed to Hanamac for the Korean Automotive Aftermarket to Save Energy and to Make Cars More Comfortable and Secure
finance.yahoo.com - May 2 at 9:51 AM |
| Research Frontiers (REFR) Getting Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 29 at 8:29 PM |
| Research Frontiers (REFR) Earns Media Sentiment Score of 0.56
www.americanbankingnews.com - April 26 at 11:36 AM |
| Research Frontiers (REFR) Receives Daily News Impact Rating of 0.04
www.americanbankingnews.com - April 23 at 5:51 PM |
Research Frontiers Incorporated (REFR) Chart for Tuesday, September, 19, 2017
