Northland Securities restated their buy rating on shares of Microvision (NASDAQ:MVIS) in a research report sent to investors on Thursday morning, AnalystRatings.com reports. The firm currently has a $2.00 target price on the electronics maker’s stock.

Other equities research analysts have also recently issued reports about the company. HC Wainwright set a $4.00 target price on Microvision and gave the stock a buy rating in a research note on Monday, December 31st. Craig Hallum started coverage on Microvision in a research note on Wednesday, December 19th. They set a buy rating for the company. ValuEngine upgraded Microvision from a sell rating to a hold rating in a research note on Wednesday, January 2nd. Finally, Zacks Investment Research cut Microvision from a buy rating to a hold rating in a research note on Saturday, March 9th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Microvision currently has an average rating of Buy and a consensus target price of $2.17.

NASDAQ MVIS opened at $1.01 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.97 and a quick ratio of 0.91. Microvision has a fifty-two week low of $0.51 and a fifty-two week high of $1.80. The firm has a market cap of $103.13 million, a price-to-earnings ratio of -3.26 and a beta of 0.55.

Microvision (NASDAQ:MVIS) last released its earnings results on Wednesday, April 17th. The electronics maker reported ($0.08) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.01. Microvision had a negative return on equity of 304.53% and a negative net margin of 163.21%. The firm had revenue of $1.85 million during the quarter, compared to analysts’ expectations of $1.60 million. As a group, analysts predict that Microvision will post -0.22 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. State Treasurer State of Michigan lifted its stake in shares of Microvision by 12.0% in the 4th quarter. State Treasurer State of Michigan now owns 4,326,199 shares of the electronics maker’s stock valued at $2,613,000 after acquiring an additional 462,000 shares during the last quarter. Vanguard Group Inc lifted its stake in shares of Microvision by 0.9% in the 3rd quarter. Vanguard Group Inc now owns 3,352,566 shares of the electronics maker’s stock valued at $4,056,000 after acquiring an additional 30,300 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Microvision by 2.9% in the 4th quarter. BlackRock Inc. now owns 1,562,274 shares of the electronics maker’s stock valued at $944,000 after acquiring an additional 44,634 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Microvision by 5.6% in the 4th quarter. Geode Capital Management LLC now owns 739,235 shares of the electronics maker’s stock valued at $446,000 after acquiring an additional 39,003 shares during the last quarter. Finally, Stonebridge Capital Management Inc. lifted its stake in shares of Microvision by 22.0% in the 4th quarter. Stonebridge Capital Management Inc. now owns 88,675 shares of the electronics maker’s stock valued at $54,000 after acquiring an additional 16,000 shares during the last quarter. Institutional investors own 24.29% of the company’s stock.

About Microvision

MicroVision, Inc develops PicoP scanning technology to create high-resolution miniature projection, and three-dimensional sensing and image capture solutions in the United States and Asia. Its PicoP scanning technology includes micro-electrical mechanical systems, laser diodes, opto-mechanics, and electronics.

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