Shares of Superconductor Technologies Inc. (NASDAQ:SCON) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a one year consensus target price of $3.00 for the company and are anticipating that the company will post ($0.27) EPS for the current quarter, according to Zacks. Zacks has also assigned Superconductor Technologies an industry rank of 87 out of 265 based on the ratings given to its competitors.
SCON has been the subject of a number of recent research reports. Rodman & Renshaw raised Superconductor Technologies from a “neutral” rating to a “buy” rating and set a $3.00 target price for the company in a research note on Thursday, April 6th. Zacks Investment Research upgraded Superconductor Technologies from a “hold” rating to a “buy” rating and set a $1.75 price target for the company in a report on Wednesday, June 14th. Finally, HC Wainwright upgraded Superconductor Technologies from a “neutral” rating to a “buy” rating and set a $3.00 price target for the company in a report on Thursday, April 6th.
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Superconductor Technologies (NASDAQ SCON) traded down 4.79% during midday trading on Tuesday, reaching $1.39. 130,055 shares of the company’s stock were exchanged. Superconductor Technologies has a 12-month low of $1.04 and a 12-month high of $4.50. The firm has a 50-day moving average price of $1.60 and a 200 day moving average price of $1.51. The company’s market cap is $14.91 million.
Superconductor Technologies (NASDAQ:SCON) last issued its earnings results on Thursday, May 11th. The semiconductor company reported ($0.26) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.01. Superconductor Technologies had a negative return on equity of 108.51% and a negative net margin of 25,848.84%. On average, analysts expect that Superconductor Technologies will post ($0.78) EPS for the current fiscal year.
Superconductor Technologies Company Profile
Superconductor Technologies Inc is engaged in developing and commercializing high temperature superconductor (HTS) materials and related technologies. The Company operates through the research, development, manufacture and marketing of high performance products used in cellular base stations segment.
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