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NASDAQ:BWEN

Broadwind (BWEN) Stock Price, News & Analysis

Broadwind logo
$1.82
-0.10 (-5.21%)
(As of 10/31/2024 ET)

About Broadwind Stock (NASDAQ:BWEN)

Key Stats

Today's Range
$1.80
$1.94
50-Day Range
$1.92
$2.33
52-Week Range
$1.80
$4.65
Volume
423,761 shs
Average Volume
149,576 shs
Market Capitalization
$40.01 million
P/E Ratio
5.35
Dividend Yield
N/A
Price Target
$5.17
Consensus Rating
Buy

Company Overview

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.

Broadwind Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

BWEN MarketRank™: 

Broadwind scored higher than 93% of companies evaluated by MarketBeat, and ranked 13th out of 176 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Broadwind has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Broadwind has only been the subject of 3 research reports in the past 90 days.

  • Read more about Broadwind's stock forecast and price target.
  • Earnings Growth

    Earnings for Broadwind are expected to grow by 3,500.00% in the coming year, from $0.01 to $0.36 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Broadwind is 5.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Broadwind is 5.35, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.78.

  • Price to Book Value per Share Ratio

    Broadwind has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Broadwind's valuation and earnings.
  • Percentage of Shares Shorted

    0.58% of the float of Broadwind has been sold short.
  • Short Interest Ratio / Days to Cover

    Broadwind has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Broadwind has recently decreased by 23.87%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Broadwind does not currently pay a dividend.

  • Dividend Growth

    Broadwind does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.58% of the float of Broadwind has been sold short.
  • Short Interest Ratio / Days to Cover

    Broadwind has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Broadwind has recently decreased by 23.87%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Broadwind has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Broadwind this week, compared to 1 article on an average week.
  • Search Interest

    3 people have searched for BWEN on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added Broadwind to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Broadwind insiders have bought more of their company's stock than they have sold. Specifically, they have bought $11,350.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 5.70% of the stock of Broadwind is held by insiders.

  • Percentage Held by Institutions

    Only 33.27% of the stock of Broadwind is held by institutions.

  • Read more about Broadwind's insider trading history.
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BWEN Stock News Headlines

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BWEN Stock Analysis - Frequently Asked Questions

Broadwind's stock was trading at $2.77 at the beginning of 2024. Since then, BWEN stock has decreased by 34.3% and is now trading at $1.82.
View the best growth stocks for 2024 here
.

Broadwind, Inc. (NASDAQ:BWEN) issued its earnings results on Tuesday, August, 13th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.01. The industrial products company earned $36.45 million during the quarter, compared to analysts' expectations of $37.13 million. Broadwind had a trailing twelve-month return on equity of 13.11% and a net margin of 4.19%.

Broadwind's top institutional shareholders include Grace & White Inc. NY (7.89%) and Lincoln Capital Corp (0.11%). Insiders that own company stock include Eric B Blashford, Daniel E Schueller, Thomas A Wagner, Sachin M Shivaram, Hayes M Kennedy, Jeanette A Press and Stephanie K Kushner.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Broadwind investors own include NVIDIA (NVDA), AngloGold Ashanti (AU), Vertiv (VRT), Enterprise Products Partners (EPD), Valero Energy (VLO), PDD (PDD) and Energy Transfer (ET).

Company Calendar

Last Earnings
8/13/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nonferrous foundries (castings)
Sub-Industry
Steel Works
Current Symbol
NASDAQ:BWEN
Employees
490
Year Founded
2007

Price Target and Rating

Average Stock Price Target
$5.17
High Stock Price Target
$8.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+183.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$7.65 million
Pretax Margin
4.35%

Debt

Sales & Book Value

Annual Sales
$177.83 million
Cash Flow
$0.56 per share
Book Value
$2.62 per share

Miscellaneous

Free Float
20,865,000
Market Cap
$39.56 million
Optionable
Optionable
Beta
1.41

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This page (NASDAQ:BWEN) was last updated on 10/31/2024 by MarketBeat.com Staff
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