Wall Street brokerages expect that Aqua Metals Inc (NASDAQ:AQMS) will announce sales of $1.27 million for the current quarter, according to Zacks. Two analysts have provided estimates for Aqua Metals’ earnings. The highest sales estimate is $1.75 million and the lowest is $800,000.00. The company is scheduled to issue its next quarterly earnings results on Tuesday, February 20th.
According to Zacks, analysts expect that Aqua Metals will report full-year sales of $1.27 million for the current fiscal year, with estimates ranging from $2.00 million to $2.94 million. For the next year, analysts expect that the company will report sales of $22.97 million per share, with estimates ranging from $17.54 million to $28.40 million. Zacks’ sales averages are an average based on a survey of analysts that that provide coverage for Aqua Metals.
Several analysts have recently commented on AQMS shares. Zacks Investment Research cut shares of Aqua Metals from a “hold” rating to a “sell” rating in a research note on Monday, February 12th. Oppenheimer reissued a “buy” rating and set a $34.00 price target on shares of Aqua Metals in a research note on Friday, November 10th. Eurobank EFG decreased their price target on shares of Aqua Metals from $17.00 to $12.00 and set a “buy” rating on the stock in a research note on Wednesday. EuroPacific Canada reissued a “buy” rating and set a $12.00 price target (down from $17.00) on shares of Aqua Metals in a research note on Friday. Finally, HC Wainwright reissued a “buy” rating on shares of Aqua Metals in a research note on Friday, November 10th. Two analysts have rated the stock with a sell rating and six have issued a buy rating to the company. Aqua Metals presently has an average rating of “Buy” and an average target price of $23.67.
Aqua Metals (NASDAQ AQMS) traded up $0.32 on Thursday, hitting $3.00. 1,946,584 shares of the stock traded hands, compared to its average volume of 1,384,744. Aqua Metals has a twelve month low of $1.42 and a twelve month high of $22.75. The company has a debt-to-equity ratio of 0.19, a current ratio of 4.01 and a quick ratio of 3.77. The company has a market capitalization of $82.66, a PE ratio of -2.33 and a beta of 0.70.
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About Aqua Metals
Aqua Metals, Inc is engaged in the business of recycling lead through a process that the Company developed and named AquaRefining. The Company’s AquaRefining process focuses on providing for the recycling of lead acid batteries (LABs) and the production of lead. AquaRefining uses bio-degradable aqueous solvent and an ambient temperature electro-chemical process to produce lead.
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