Alert: Positive Investment/Fundamental Signals (6/28/24)-Broadwind Inc (NASDAQ: BWEN)

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Broadwind Inc (NASDAQ: BWEN). Notable positive changes in fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, the stock’s power rating rose above 70, and significant quarterly earnings acceleration occurred.

Significant positive changes in investment behavior have recently occurred for Broadwind Inc (NASDAQ: BWEN): the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, BWEN is expected to continue to be a modest Value Builder.

Broadwind has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Broadwind has a neutral Appreciation Score of 43 but a good Power Rating of 70, and the High Neutral Value Trend Rating results.

Recent Price Action

Broadwind Inc (NASDAQ: BWEN) stock closed at $3.28 on 6/28/24 after a decline of -4.1%. Moreover, trading volume in this decline was above average at 122% of normal. The stock has declined -12.3% during the last week but has been strong relative to the market over the last nine months.

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