Broadwind Energy, Inc. (BWEN) Advances But Underperforms Market: Key Facts

Company Performance - Broadwind Energy, Inc. (BWEN) ended the latest trading session at $2.64, reflecting a +0.38% adjustment from the previous day's close, but lagged behind the S&P 500's daily gain of 2.3% [1] - Over the past month, shares of Broadwind Energy have decreased by 18.07%, underperforming the Industrial Products sector's loss of 0.97% and the S&P 500's loss of 6.5% [1] Upcoming Earnings - The company's earnings report is scheduled for August 13, 2024, with an expected EPS of$ 0, indicating a 100% decline from the same quarter last year [2] - Revenue is forecasted at $37.13 million, representing a 26.98% decrease compared to the same quarter last year [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict earnings of$ 0.09 per share and revenue of $151.41 million, reflecting declines of -75% and -25.59% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Broadwind Energy indicate a shifting business landscape, with upward revisions suggesting analysts' optimism regarding the company's operations and profit generation [4] Zacks Rank - Broadwind Energy currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the past month [6] - The Zacks Rank system has a strong track record, with 1 stocks delivering an average annual return of +25% since 1988 [6] Valuation Metrics - Broadwind Energy has a Forward P/E ratio of 29.22, which is a premium compared to the industry average Forward P/E of 19.25 [7] - The Manufacturing - General Industrial industry, part of the Industrial Products sector, has a Zacks Industry Rank of 172, placing it in the bottom 33% of over 250 industries [7][8]