CyberOptics Co. (NASDAQ:CYBE) Expected to Post Earnings of $0.01 Per Share

Share on StockTwits

Equities research analysts predict that CyberOptics Co. (NASDAQ:CYBE) will announce $0.01 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for CyberOptics’ earnings. CyberOptics reported earnings of $0.16 per share in the same quarter last year, which suggests a negative year over year growth rate of 93.8%. The business is expected to report 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 year. For the next fiscal year, analysts anticipate that the business will post earnings of $0.20 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow CyberOptics.

CyberOptics (NASDAQ:CYBE) last announced its quarterly earnings results on Wednesday, October 23rd. The scientific and technical instruments company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.01). CyberOptics had a net margin of 2.97% and a return on equity of 3.14%. The company had revenue of $12.39 million for the quarter.

Several equities research analysts recently commented on CYBE shares. Zacks Investment Research raised shares of CyberOptics from a “hold” rating to a “strong-buy” rating and set a $21.00 price objective on the stock in a research note on Wednesday, November 6th. Lake Street Capital boosted their price objective 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. Finally, ValuEngine lowered shares of CyberOptics from a “buy” rating to a “hold” rating in a research note on Monday, November 4th.

Hedge funds and other institutional investors have recently modified their holdings of the company. 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 worth $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 worth approximately $74,000. Acadian Asset Management LLC lifted its position in CyberOptics by 727.4% during 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 purchasing an additional 8,401 shares during the period. D. E. Shaw & Co. Inc. bought a new position in CyberOptics during the second quarter valued at approximately $239,000. Finally, Marshall Wace LLP bought a new position in CyberOptics during the first quarter valued at approximately $282,000. Hedge funds and other institutional investors own 54.27% of the company’s stock.

NASDAQ:CYBE traded down $0.22 during mid-day trading on Friday, hitting $17.89. 7,589 shares of the company’s stock were exchanged, compared to its average volume of 27,504. CyberOptics has a one year low of $11.55 and a one year high of $22.61. The company has a debt-to-equity ratio of 0.06, a current ratio of 5.57 and a quick ratio of 3.65. The business has a fifty day moving average price of $17.69 and a 200 day moving average price of $15.23. The company has a market cap of $126.81 million, a PE ratio of 45.87, a P/E/G ratio of 16.47 and a beta of 0.16.

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.

See Also: Understanding Options Trading

Get a free copy of the Zacks research report on CyberOptics (CYBE)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for CyberOptics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyberOptics and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Court Place Advisors LLC Trims Stock Holdings in Colgate-Palmolive
Court Place Advisors LLC Trims Stock Holdings in Colgate-Palmolive
Court Place Advisors LLC Sells 1,131 Shares of AFLAC Incorporated
Court Place Advisors LLC Sells 1,131 Shares of AFLAC Incorporated
Dover Corp  Shares Sold by Court Place Advisors LLC
Dover Corp Shares Sold by Court Place Advisors LLC
Court Place Advisors LLC Has $2.22 Million Stake in Novartis AG
Court Place Advisors LLC Has $2.22 Million Stake in Novartis AG
Court Place Advisors LLC Grows Stock Position in Biogen Inc
Court Place Advisors LLC Grows Stock Position in Biogen Inc
Court Place Advisors LLC Reduces Position in SEI Investments
Court Place Advisors LLC Reduces Position in SEI Investments


© 2006-2020 Ticker Report