Broadwind Inc (NASDAQ: BWEN) is -10.64% lower on its value in year-to-date trading and has touched a low of $1.41 and a high of $4.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BWEN stock was last observed hovering at around $1.65 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.68, the stock is 10.20% and 8.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.11 million and changing 1.82% at the moment leaves the stock -17.52% off its SMA200. BWEN registered -26.96% loss for a year compared to 6-month loss of -18.45%. The firm has a 50-day simple moving average (SMA 50) of $1.5534 and a 200-day simple moving average (SMA200) of $2.0369.
The stock witnessed a 15.07% gain in the last 1 month and extending the period to 3 months gives it a -12.04%, and is 7.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.46% over the week and 4.76% over the month.
Broadwind Inc (BWEN) has around 411 employees, a market worth around $37.50M and $143.14M in sales. Current P/E ratio is 31.52 and Fwd P/E is 14.00. Profit margin for the company is 0.80%. Distance from 52-week low is 19.15% and -63.87% from its 52-week high. The company has generated returns on investments over the last 12 months (1.36%).
with sales reaching $32.76M over the same period.The EPS is expected to grow by 43.48% this year, but quarterly earnings will post 4.98% year-over-year. Quarterly sales are estimated to shrink -12.92% in year-over-year returns.
52.0 institutions hold shares in Broadwind Inc (BWEN), with institutional investors hold 28.05% of the company’s shares. The shares outstanding are 22.32M, and float is at 19.46M with Short Float at 1.36%. Institutions hold 24.63% of the Float.
The top institutional shareholder in the company is GRACE & WHITE INC /NY with over 1.62 million shares valued at $5.3 million. The investor’s holdings represent 7.4213 of the BWEN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.98 million shares valued at $3.22 million to account for 4.5511 of the shares outstanding. The other top investors are QUINN OPPORTUNITY PARTNERS LLC which holds 0.49 million shares representing 2.2614 and valued at over $1.62 million, while RUSSELL INVESTMENTS GROUP, LTD. holds 1.6708 of the shares totaling 0.36 million with a market value of $1.18 million.
Broadwind Inc (BWEN) Insider Activity
The most recent transaction is an insider purchase by Blashford Eric B., the company’s President and CEO. SEC filings show that Blashford Eric B. bought 5,000 shares of the company’s common stock on Aug 16 ’24 at a price of $2.27 per share for a total of $11340.0. Following the purchase, the insider now owns 0.47 million shares.
Broadwind Inc disclosed in a document filed with the SEC on May 28 ’24 that Schueller Daniel E. (Pres., Broadwind Heavy Fab.) sold a total of 5,800 shares of the company’s common stock. The trade occurred on May 28 ’24 and was made at $4.53 per share for $26284.0. Following the transaction, the insider now directly holds 0.15 million shares of the BWEN stock.
