Uni-Pixel Inc. (NASDAQ:UNXL) has earned an average broker rating score of 1.67 (Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and two have assigned a strong buy recommendation to the company.
Brokers have set a 12-month consensus price target of $3.37 for the company and are anticipating that the company will post ($0.12) earnings per share for the current quarter, according to Zacks. Zacks has also given Uni-Pixel an industry rank of 83 out of 265 based on the ratings given to its competitors.
Several equities research analysts recently issued reports on the company. Zacks Investment Research raised Uni-Pixel from a “sell” rating to a “hold” rating in a research note on Thursday, August 18th. Benchmark Co. assumed coverage on Uni-Pixel in a research note on Tuesday, August 23rd. They set a “speculative buy” rating and a $2.40 price objective for the company. Finally, Roth Capital assumed coverage on Uni-Pixel in a research note on Friday, July 8th. They set a “buy” rating and a $3.00 price objective for the company.
A number of large investors have recently modified their holdings of the company. Hudson Bay Capital Management LP purchased a new stake in shares of Uni-Pixel during the first quarter valued at about $1,394,000. Bank of New York Mellon Corp raised its stake in shares of Uni-Pixel by 356.0% in the second quarter. Bank of New York Mellon Corp now owns 70,612 shares of the company’s stock valued at $104,000 after buying an additional 55,128 shares during the period. Brandes Investment Partners LP purchased a new stake in shares of Uni-Pixel during the second quarter valued at about $163,000. Vanguard Group Inc. raised its stake in shares of Uni-Pixel by 122.4% in the second quarter. Vanguard Group Inc. now owns 900,518 shares of the company’s stock valued at $1,323,000 after buying an additional 495,610 shares during the period. Finally, BlackRock Fund Advisors raised its stake in shares of Uni-Pixel by 215.0% in the second quarter. BlackRock Fund Advisors now owns 107,499 shares of the company’s stock valued at $158,000 after buying an additional 73,374 shares during the period. 9.19% of the stock is owned by hedge funds and other institutional investors.
Shares of Uni-Pixel (NASDAQ:UNXL) opened at 1.60 on Thursday. The company’s market cap is $72.07 million. The company’s 50 day moving average price is $1.52 and its 200 day moving average price is $1.54. Uni-Pixel has a 12 month low of $0.35 and a 12 month high of $2.88.
Uni-Pixel (NASDAQ:UNXL) last posted its quarterly earnings data on Thursday, August 11th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by $0.03. The business had revenue of $957 million for the quarter, compared to the consensus estimate of $0.97 million. Uni-Pixel had a negative net margin of 700.83% and a negative return on equity of 199.36%. Uni-Pixel’s quarterly revenue was down 29.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.52) EPS. On average, equities analysts expect that Uni-Pixel will post ($0.52) EPS for the current fiscal year.
Uni-Pixel, Inc develops and markets touch sensor films for the touch screen and flexible electronics markets. The Company’s roll-to-roll electronics manufacturing process patterns fine line conductive elements on thin films. The Company markets its technologies for touch panel sensor and hard coat resin for cover glass replacement, and protective cover film applications under the XTouch and Diamond Guard brands.
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