Brokerages Expect LiqTech International Inc (NASDAQ:LIQT) to Post $0.02 Earnings Per Share
LiqTech International Inc (NASDAQ:LIQT) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Three research analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus price objective of $11.67 for the company and are predicting that the company will post $0.02 EPS for the current quarter, according to Zacks. Zacks has also assigned LiqTech International an industry rank of 96 out of 255 based on the ratings given to its competitors.
Several research firms have commented on LIQT. Stephens began coverage on LiqTech International in a research report on Tuesday, July 9th. They issued an “overweight” rating and a $13.00 target price for the company. ValuEngine upgraded LiqTech International from a “hold” rating to a “buy” rating in a research report on Tuesday.
LiqTech International (NASDAQ:LIQT) last posted its earnings results on Wednesday, August 14th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The firm had revenue of $9.30 million during the quarter, compared to the consensus estimate of $8.36 million. LiqTech International had a negative return on equity of 14.51% and a negative net margin of 8.00%. Equities analysts predict that LiqTech International will post 0.09 EPS for the current fiscal year.
LiqTech International Company Profile
LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.
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