Somewhat Negative Press Coverage Somewhat Unlikely to Impact CyberOptics Corporation (CYBE) Stock Price
News headlines about CyberOptics Corporation (NASDAQ:CYBE) have been trending somewhat negative on Tuesday, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. CyberOptics Corporation earned a news impact score of -0.05 on Accern’s scale. Accern also gave media stories about the scientific and technical instruments company an impact score of 46.7116864286843 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
CyberOptics Corporation (CYBE) remained flat at $15.80 during trading on Tuesday. The company had a trading volume of 112,922 shares. The stock has a market capitalization of $109.70 million, a PE ratio of 13.87 and a beta of -0.39. The firm has a 50-day moving average price of $22.36 and a 200 day moving average price of $26.29. CyberOptics Corporation has a 1-year low of $15.55 and a 1-year high of $41.18.
CyberOptics Corporation (NASDAQ:CYBE) last released its quarterly earnings data on Thursday, July 27th. The scientific and technical instruments company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.02. CyberOptics Corporation had a return on equity of 6.06% and a net margin of 14.32%. The business had revenue of $16.41 million during the quarter, compared to analysts’ expectations of $16.02 million. Equities analysts anticipate that CyberOptics Corporation will post $0.32 earnings per share for the current fiscal year.
CYBE has been the topic of a number of recent research reports. Dougherty & Co cut their price target on CyberOptics Corporation from $55.00 to $35.00 and set a “buy” rating on the stock in a research note on Friday, July 28th. TheStreet lowered CyberOptics Corporation from a “b” rating to a “c+” rating in a research note on Wednesday, April 26th. Zacks Investment Research raised CyberOptics Corporation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 7th. Finally, ValuEngine lowered CyberOptics Corporation from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $35.00.
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CyberOptics Corporation Company Profile
Cyberoptics Corporation is a developer and manufacturer of sensing technology solutions. The Company’s products and services are used in the surface mount technology (SMT), semiconductor and three dimensional (3D) scanning solutions and services markets. Its products are sold into the electronics assembly, dynamic random access memory (DRAM) and flash memory, and semiconductor fabrication capital equipment markets.
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