The the stock of company has fallen by 19.02% in the past month, lagging the Industrial Products sector's loss of 2.29% and the S&P 500's gain of 4.44%. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $0.09 per share and a revenue of $151.41 million, representing changes of -75% and -25.59%, respectively, from the prior year. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on ...

Company Overview - Broadwind Energy, Inc. (BWEN) has seen its shares depreciate by 20.59% over the past month, underperforming the Industrial Products sector's loss of 4.34% and the S&P 500's gain of 3.22% [3] - The company's current stock price stands at $3.47, reflecting a -1.14% shift from the previous trading day's closing [7] Earnings Estimates - The full-year Zacks Consensus Estimates for BWEN project earnings of $0.09 per share and revenue of $151.41 million, indicating year-over-year changes of -75% and -25.59%, respectively [4] - The upcoming earnings release is anticipated to show earnings per share (EPS) of $0, representing a 100% decrease from the same quarter last year, with projected net sales of $37.13 million, down 26.98% from the year-ago period [8] Analyst Ratings and Valuation - BWEN currently holds a Zacks Rank of 1 (Strong Buy), with a proven track record of outperformance, as 1 stocks have returned an average of +25% annually since 1988 [10] - The company has a Forward P/E ratio of 39, which is a premium compared to its industry's average Forward P/E of 19.95 [6] Industry Context - The Manufacturing - General Industrial industry, to which BWEN belongs, ranks 46 in the Zacks Industry Rank, placing it in the top 19% of over 250 industries [11] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [2]

The upcoming earnings release of Broadwind Energy, Inc. will be of great interest to investors. In that report, analysts expect Broadwind Energy, Inc. to post earnings of $0 per share. This would mark a year-over-year decline of 100%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $37.13 million, down 26.98% from the year-ago period. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outsideaudited track record of outperformance, w ...

Broadwind (BWEN) There are thousands of U.S.-listed stocks categorized as penny stocks, or stocks trading for $5 per share or less but only a few can be considered strong buy penny stocks. "Penny stock territory" contains a lot of busted growth stories, fallen angels and value traps, yet dive deep enough into the space, and you'll find plenty of asymmetric opportunities. In other words, stocks where upside potential vastly exceeds downside risk. There are both growth and value plays within this category. Th ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Broadwind Energy currently has an average brokerage recommendation (ABR) of 1.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by three brokerage firms. An ABR of 1.00 indic ...

From a technical perspective, Broadwind Energy, Inc. (BWEN) is looking like an interesting pick, as it just reached a key level of support. BWEN's 50- day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most c ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Broadwind Energy, Inc. (BWEN) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question. Broadwind Energy, Inc. is a member of our Industrial Products group, which includes 222 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sect ...

Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - A safer strategy involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Broadwind Energy, Inc. (BWEN) Analysis - BWEN has shown a significant price increase of 65% over the past four weeks, indicating strong investor interest [4] - The stock has gained 54.3% over the past 12 weeks, demonstrating its ability to deliver positive returns over a longer timeframe [5] - BWEN has a beta of 1.49, suggesting it moves 49% more than the market in either direction, indicating fast-paced momentum [5] - The stock has a Momentum Score of A, suggesting it is an opportune time to invest [6] - BWEN has a Zacks Rank 1 (Strong Buy) due to upward revisions in earnings estimates, which typically attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.40, indicating it is undervalued at 40 cents for each dollar of sales [7] Group 3: Additional Investment Opportunities - Besides BWEN, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Broadwind Energy, Inc. (BWEN) . Broadwind Energy currently has a ...

NEW YORK, May 21, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating Broadwind, Inc. (NASDAQ: BWEN) on behalf of the company's shareholders. The investigation seeks to determine whether Broadwind's directors breached their fiduciary duties in connection with recent corporate actions. If you are a shareholder of Broadwind, Inc. and are interested in obtaining additional information about your rights and options, please visit us at: https://pjlfirm.com/broadwind-inc/ You may also ...