CyberOptics (CYBE) Posts Quarterly Earnings Results, Beats Estimates By $0.17 EPS
CyberOptics (NASDAQ:CYBE) posted its quarterly earnings data on Tuesday. The scientific and technical instruments company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.17, Bloomberg Earnings reports. CyberOptics had a net margin of 12.86% and a return on equity of 3.21%.
CyberOptics (NASDAQ:CYBE) traded up $0.80 during midday trading on Tuesday, reaching $15.05. 74,073 shares of the company were exchanged, compared to its average volume of 77,833. The company has a market capitalization of $104.92, a PE ratio of 15.68, a P/E/G ratio of 1.90 and a beta of -0.31. CyberOptics has a twelve month low of $11.35 and a twelve month high of $39.40.
Separately, Zacks Investment Research upgraded shares of CyberOptics from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 5th. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $18.67.
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CyberOptics 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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