Superconductor Technologies, Inc. (NASDAQ:SCON) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Brokers have set a 12 month consensus price target of $9.00 for the company and are predicting that the company will post ($0.36) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Superconductor Technologies an industry rank of 76 out of 255 based on the ratings given to its competitors.
A number of brokerages have weighed in on SCON. Zacks Investment Research cut Superconductor Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, October 16th. ValuEngine upgraded Superconductor Technologies from a “hold” rating to a “buy” rating in a research report on Wednesday, October 2nd. Finally, HC Wainwright reiterated a “buy” rating and issued a $9.00 price target on shares of Superconductor Technologies in a research report on Wednesday, August 14th.
Superconductor Technologies (NASDAQ:SCON) last released its quarterly earnings data on Tuesday, August 13th. The semiconductor company reported ($0.57) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.67) by $0.10. As a group, equities research analysts anticipate that Superconductor Technologies will post -1.75 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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