News articles about Ideal Power (NASDAQ:IPWR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ideal Power earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 47.3748047378114 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Several research analysts have commented on the stock. HC Wainwright set a $2.00 price objective on shares of Ideal Power and gave the company a “buy” rating in a report on Tuesday, August 14th. ValuEngine downgraded shares of Ideal Power from a “hold” rating to a “sell” rating in a report on Monday, July 2nd. Zacks Investment Research raised shares of Ideal Power from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a report on Thursday, August 16th. Finally, B. Riley reissued a “hold” rating on shares of Ideal Power in a report on Monday, May 14th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $1.44.

Shares of IPWR traded down $0.03 during midday trading on Friday, hitting $0.68. 100,006 shares of the company traded hands, compared to its average volume of 89,923. Ideal Power has a 52 week low of $0.62 and a 52 week high of $2.94. The company has a market capitalization of $10.78 million, a PE ratio of -0.88 and a beta of 0.94.

Ideal Power (NASDAQ:IPWR) last released its quarterly earnings data on Monday, August 13th. The industrial products company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.04. Ideal Power had a negative net margin of 527.25% and a negative return on equity of 72.98%. The business had revenue of $0.62 million during the quarter, compared to the consensus estimate of $0.77 million. analysts forecast that Ideal Power will post -0.53 earnings per share for the current year.

Ideal Power Company Profile

Ideal Power Inc develops power conversion solutions with a focus on solar and storage, microgrid, and stand-alone energy storage applications. It operates through two Divisions, Power Conversion Systems and B-TRAN. The Power Conversion Systems Division focuses on its Power Packet Switching Architecture technology.

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