Superconductor Technologies, Inc. (NASDAQ:SCON) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokers have set a one year consensus target price of $9.00 for the company and are anticipating that the company will post ($1.57) EPS for the current quarter, according to Zacks. Zacks has also given Superconductor Technologies an industry rank of 49 out of 256 based on the ratings given to related companies.
Several equities analysts have commented on SCON shares. ValuEngine downgraded shares of Superconductor Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, October 2nd. HC Wainwright set a $9.00 price objective on Superconductor Technologies and gave the company a “buy” rating in a report on Wednesday, November 14th. Finally, Zacks Investment Research raised Superconductor Technologies from a “hold” rating to a “buy” rating and set a $2.00 price objective on the stock in a report on Saturday, November 17th.
NASDAQ:SCON traded up $0.02 during mid-day trading on Friday, reaching $1.39. The stock had a trading volume of 37,035 shares, compared to its average volume of 45,350. Superconductor Technologies has a fifty-two week low of $1.03 and a fifty-two week high of $14.90. The company has a market capitalization of $4.51 million, a P/E ratio of -0.15 and a beta of 0.23.
Superconductor Technologies (NASDAQ:SCON) last announced its quarterly earnings results on Tuesday, November 13th. The semiconductor company reported ($0.88) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.96) by $1.08. The company had revenue of $0.52 million for the quarter, compared to analyst estimates of $0.54 million. Superconductor Technologies had a negative net margin of 414.94% and a negative return on equity of 141.30%. On average, equities analysts predict that Superconductor Technologies will post -5.67 earnings per share for the current year.
Superconductor Technologies Company Profile
Superconductor Technologies Inc, together with its subsidiaries, develops, produces, and commercializes high temperature superconductor materials and related technologies in the United States. It is involved in developing Conductus superconducting wire for power applications. The company was founded in 1987 and is headquartered in Austin, Texas.
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