CyberOptics (CYBE) to Release Quarterly Earnings on Wednesday

CyberOptics (NASDAQ:CYBE) will issue its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.

CyberOptics (NASDAQ:CYBE) last released its earnings results on Tuesday, February 19th. The scientific and technical instruments company reported $0.16 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.13 by $0.03. The firm had revenue of $18.06 million for the quarter. CyberOptics had a return on equity of 5.22% and a net margin of 4.37%.

CYBE opened at $17.67 on Wednesday. The company has a market capitalization of $125.63 million, a price-to-earnings ratio of 45.31, a price-to-earnings-growth ratio of 2.95 and a beta of 0.14. CyberOptics has a 12-month low of $14.55 and a 12-month high of $22.61.

An institutional investor recently raised its position in CyberOptics stock. Geode Capital Management LLC lifted its position in shares of CyberOptics Co. (NASDAQ:CYBE) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,288 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,996 shares during the quarter. Geode Capital Management LLC owned approximately 0.70% of CyberOptics worth $868,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 58.59% of the company’s stock.

CYBE has been the topic of a number of research analyst reports. Lake Street Capital reaffirmed a “buy” rating and issued a $25.00 target price on shares of CyberOptics in a report on Wednesday, February 20th. Zacks Investment Research lowered CyberOptics from a “buy” rating to a “hold” rating in a report on Wednesday, February 20th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $23.00.

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CyberOptics Company Profile

CyberOptics Corporation develops and manufactures high precision sensing technology solutions worldwide. Its sensors are being used in surface mount technology (SMT), semiconductor, and metrology markets to improve yields and productivity. The company offers multi-reflection suppression sensors for application in the SMT, semiconductor, and metrology markets; and strobe inspection modules for use in 2D automated optical inspection (AOI) systems.

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Earnings History for CyberOptics (NASDAQ:CYBE)

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