Broadwind Energy Stock Today

BWEN Stock  USD 2.27  0.03  1.34%   

Performance

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Odds Of Distress

Less than 3

 
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Broadwind Energy is selling at 2.27 as of the 18th of April 2024; that is 1.34 percent increase since the beginning of the trading day. The stock's open price was 2.24. Broadwind Energy has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Broadwind Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of September 2022 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
29th of March 2004
Category
Industrials
Broadwind, Inc. manufactures and sells structures, equipment, and components for clean tech and other specialized applications primarily in the United States. The company was formerly known as Broadwind Energy, Inc. and changed its name to Broadwind, Inc. The company has 21.67 M outstanding shares of which 240.14 K shares are currently shorted by private and institutional investors with about 2.28 trading days to cover. More on Broadwind Energy

Moving against Broadwind Stock

  0.42CXT Crane NXT Financial Report 8th of May 2024 PairCorr

Broadwind Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Broadwind Energy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Broadwind Energy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Interim CEO and Itnerim PresStephanie Kushner
Thematic IdeaSteel Works Etc (View all Themes)
Business ConcentrationHeavy Electrical Equipment, Specialty Industrial Machinery, Industrials, NASDAQ Composite, NASDAQ Composite Total, Steel Works Etc, Industrials, Electrical Equipment, Specialty Industrial Machinery, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering Broadwind Energy report their recommendations after researching Broadwind Energy's financial statements, talking to executives and customers, or listening in on Broadwind Energy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Broadwind Energy. The Broadwind consensus assessment is calculated by taking the average forecast from all of the analysts covering Broadwind Energy.
Financial Strength
Based on the key measurements obtained from Broadwind Energy's financial statements, Broadwind Energy is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of Broadwind Energy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.941.5055
Way Down
Pretty Stable
Total Current Liabilities41.5 M53.6 M
Significantly Down
Slightly volatile
Non Current Liabilities Total14.9 M25.5 M
Way Down
Slightly volatile
Total Assets114.2 M135.2 M
Fairly Down
Pretty Stable
Total Current Assets59.8 M69.7 M
Fairly Down
Pretty Stable
Broadwind Energy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Broadwind Energy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broadwind Energy's financial leverage. It provides some insight into what part of Broadwind Energy's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Broadwind Energy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Broadwind Energy deploys its capital and how much of that capital is borrowed.
Liquidity
Broadwind Energy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 35.42 M in liabilities with Debt to Equity (D/E) ratio of 0.85, which is about average as compared to similar companies. Broadwind Energy has a current ratio of 1.08, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Broadwind Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Broadwind Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Broadwind Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Broadwind to invest in growth at high rates of return. When we think about Broadwind Energy's use of debt, we should always consider it together with cash and equity.

Net Income

8.03 Million
Broadwind Energy (BWEN) is traded on NASDAQ Exchange in USA. It is located in 3240 S. Central Avenue, Cicero, IL, United States, 60804 and employs 444 people. Broadwind Energy is listed under Heavy Electrical Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 49.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Broadwind Energy's market, we take the total number of its shares issued and multiply it by Broadwind Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Broadwind Energy conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 21.67 M outstanding shares of which 240.14 K shares are currently shorted by private and institutional investors with about 2.28 trading days to cover. Broadwind Energy currently holds about 49 K in cash with (6.95 M) of positive cash flow from operations.
Check Broadwind Energy Probability Of Bankruptcy
Ownership Allocation
Broadwind Energy retains a total of 21.67 Million outstanding shares. Broadwind Energy shows 11.82 percent of its outstanding shares held by insiders and 28.072 percent owned by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Broadwind Ownership Details

Broadwind Stock Price Odds Analysis

Contingent on a normal probability distribution, the odds of Broadwind Energy jumping above the current price in 90 days from now is about 92.71%. The Broadwind Energy probability density function shows the probability of Broadwind Energy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.7649 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Broadwind Energy will likely underperform. Additionally, broadwind Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 2.27HorizonTargetOdds Above 2.27
7.20%90 days
 2.27 
92.71%
Based on a normal probability distribution, the odds of Broadwind Energy to move above the current price in 90 days from now is about 92.71 (This Broadwind Energy probability density function shows the probability of Broadwind Stock to fall within a particular range of prices over 90 days) .

Broadwind Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Broadwind Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Broadwind Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Broadwind Energy's value.
InstituionRecorded OnShares
Marshall Wace Asset Management Ltd2023-12-31
96.2 K
Gsa Capital Partners Llp2023-12-31
87.1 K
Boston Partners Global Investors, Inc2023-12-31
85 K
State Street Corporation2023-12-31
64.7 K
Schonfeld Strategic Advisors Llc2023-09-30
48.8 K
Bridgeway Capital Management, Llc2023-12-31
45.7 K
Empowered Funds, Llc2023-12-31
45.7 K
Rbf Llc2023-12-31
44.9 K
Northern Trust Corp2023-12-31
36.6 K
Grace & White Inc2023-12-31
1.6 M
Vanguard Group Inc2023-12-31
982.8 K
View Broadwind Energy Diagnostics

Broadwind Energy Historical Income Statement

Broadwind Energy Income Statement is one of the three primary financial statements used for reporting Broadwind's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Broadwind Energy revenue and expense. Broadwind Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Broadwind Energy's Depreciation And Amortization is very stable compared to the past year. As of the 18th of April 2024, Gross Profit is likely to grow to about 34.1 M, while Other Operating Expenses is likely to drop about 145.7 M. View More Fundamentals

Broadwind Stock Against Markets

Picking the right benchmark for Broadwind Energy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Broadwind Energy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Broadwind Energy is critical whether you are bullish or bearish towards Broadwind Energy at a given time. Please also check how Broadwind Energy's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Broadwind Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Broadwind Energy Corporate Directors

Broadwind Energy corporate directors refer to members of a Broadwind Energy board of directors. The board of directors generally takes responsibility for the Broadwind Energy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Broadwind Energy's board members must vote for the resolution. The Broadwind Energy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Persio LisboaDirectorProfile
Thomas WagnerIndependent DirectorProfile
Terence FoxIndependent DirectorProfile
Charles BeynonIndependent DirectorProfile

How to buy Broadwind Stock?

Before investing in Broadwind Energy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Broadwind Energy. To buy Broadwind Energy stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Broadwind Energy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Broadwind Energy stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Broadwind Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Broadwind Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Broadwind Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Broadwind Stock please use our How to Invest in Broadwind Energy guide.

Already Invested in Broadwind Energy?

The danger of trading Broadwind Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Broadwind Energy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Broadwind Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Broadwind Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Broadwind Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadwind Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadwind Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadwind Energy Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadwind Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Broadwind Stock, please use our How to Invest in Broadwind Energy guide.
Note that the Broadwind Energy information on this page should be used as a complementary analysis to other Broadwind Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Broadwind Energy's price analysis, check to measure Broadwind Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadwind Energy is operating at the current time. Most of Broadwind Energy's value examination focuses on studying past and present price action to predict the probability of Broadwind Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadwind Energy's price. Additionally, you may evaluate how the addition of Broadwind Energy to your portfolios can decrease your overall portfolio volatility.
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Is Broadwind Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadwind Energy. If investors know Broadwind will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadwind Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
16.667
Earnings Share
0.36
Revenue Per Share
9.603
Quarterly Revenue Growth
(0.35)
Return On Assets
0.0498
The market value of Broadwind Energy is measured differently than its book value, which is the value of Broadwind that is recorded on the company's balance sheet. Investors also form their own opinion of Broadwind Energy's value that differs from its market value or its book value, called intrinsic value, which is Broadwind Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadwind Energy's market value can be influenced by many factors that don't directly affect Broadwind Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadwind Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadwind Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadwind Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.