Wall Street analysts forecast that CyberOptics Co. (NASDAQ:CYBE) will announce earnings per share of $0.01 for the current quarter, Zacks reports. Zero analysts have made estimates for CyberOptics’ earnings. CyberOptics reported earnings of $0.16 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 93.8%. The firm is scheduled to issue its next earnings results on Tuesday, February 18th.
On average, analysts expect that CyberOptics will report full-year earnings of $0.09 per share for the current financial year. For the next fiscal year, analysts forecast that the firm will report earnings of $0.20 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that cover CyberOptics.
CyberOptics (NASDAQ:CYBE) last posted its quarterly earnings data on Wednesday, October 23rd. The scientific and technical instruments company reported ($0.05) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.01). CyberOptics had a return on equity of 3.14% and a net margin of 2.97%. The firm had revenue of $12.39 million for the quarter.
CYBE has been the topic of several research analyst reports. ValuEngine lowered shares of CyberOptics from a “buy” rating to a “hold” rating in a research note on Monday, November 4th. Zacks Investment Research raised shares of CyberOptics from a “hold” rating to a “strong-buy” rating and set a $21.00 target price on the stock in a research note on Wednesday, November 6th. Finally, Lake Street Capital increased their target price on shares of CyberOptics from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th.
NASDAQ CYBE traded up $0.17 on Friday, hitting $17.82. 720 shares of the company were exchanged, compared to its average volume of 27,008. The company has a market cap of $115.69 million, a PE ratio of 45.46, a PEG ratio of 15.03 and a beta of 0.17. CyberOptics has a 12 month low of $11.55 and a 12 month high of $22.61. The stock has a fifty day moving average of $17.54 and a 200-day moving average of $15.18. The company has a current ratio of 5.57, a quick ratio of 3.65 and a debt-to-equity ratio of 0.06.
A number of hedge funds and other institutional investors have recently modified their holdings of CYBE. Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of CyberOptics by 105.6% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,655 shares of the scientific and technical instruments company’s stock valued at $27,000 after buying an additional 850 shares in the last quarter. Marshall Wace North America L.P. bought a new position in shares of CyberOptics in the first quarter valued at $74,000. Acadian Asset Management LLC lifted its stake in shares of CyberOptics by 727.4% in the second quarter. Acadian Asset Management LLC now owns 9,556 shares of the scientific and technical instruments company’s stock valued at $156,000 after buying an additional 8,401 shares in the last quarter. D. E. Shaw & Co. Inc. bought a new position in shares of CyberOptics in the second quarter valued at $239,000. Finally, Marshall Wace LLP bought a new position in shares of CyberOptics in the first quarter valued at $282,000. 54.27% of the stock is currently owned by institutional investors and hedge funds.
CyberOptics Company Profile
CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide. Its sensors are being used in surface mount technology (SMT), semiconductor, and metrology markets to improve yields and productivity. The company offers multi-reflection suppression sensors for application in the SMT, semiconductor, and metrology markets; and strobe inspection modules for use in 2D automated optical inspection (AOI) systems.
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