Equities research analysts forecast that Hydrogenics Co. (NASDAQ:HYGS) (TSE:HYG) will post ($0.04) earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Hydrogenics’ earnings. The lowest EPS estimate is ($0.10) and the highest is $0.04. Hydrogenics posted earnings of ($0.20) per share in the same quarter last year, which indicates a positive year over year growth rate of 80%. The firm is scheduled to report its next quarterly earnings report on Wednesday, March 14th.
On average, analysts expect that Hydrogenics will report full-year earnings of ($0.79) per share for the current financial year, with EPS estimates ranging from ($0.87) to ($0.73). For the next year, analysts anticipate that the company will report earnings of ($0.08) per share, with EPS estimates ranging from ($0.18) to $0.11. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Hydrogenics.
HYGS has been the subject of several analyst reports. HC Wainwright reaffirmed a “buy” rating and set a $10.00 price target on shares of Hydrogenics in a research note on Tuesday, November 7th. Roth Capital set a $11.00 price target on shares of Hydrogenics and gave the company a “buy” rating in a research note on Friday, October 27th. Zacks Investment Research raised shares of Hydrogenics from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a research note on Wednesday, January 3rd. Finally, ValuEngine cut shares of Hydrogenics from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $10.50.
Hydrogenics (NASDAQ HYGS) traded down $0.20 during mid-day trading on Monday, hitting $8.30. 43,754 shares of the stock traded hands, compared to its average volume of 73,086. The company has a market capitalization of $123.81, a P/E ratio of -8.56 and a beta of 0.79. Hydrogenics has a 12-month low of $5.47 and a 12-month high of $11.99.
Hydrogenics Company Profile
Hydrogenics Corp is a Canada-based firm, which designs and manufactures hydrogen generation products based on water electrolysis technology, and fuel cell products based on proton exchange membrane (PEM) technology. The Company’s segments are Onsite Generation and Power Systems. The OnSite Generation segment is based in Oevel, Belgium and develops products for industrial gas, hydrogen fueling and renewable energy storage markets.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Hydrogenics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hydrogenics and related companies with MarketBeat.com's FREE daily email newsletter.