Analysts forecast that CyberOptics Co. (NASDAQ:CYBE) will announce earnings per share (EPS) of ($0.07) for the current quarter, according to Zacks. Zero analysts have issued estimates for CyberOptics’ earnings. CyberOptics reported earnings of $0.15 per share during the same quarter last year, which would indicate a negative year over year growth rate of 146.7%. The business is expected to announce its next quarterly earnings results on Wednesday, October 23rd.

According to Zacks, analysts expect that CyberOptics will report full year earnings of $0.03 per share for the current financial year. For the next financial year, analysts expect that the company will report earnings of $0.20 per share. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for CyberOptics.

CyberOptics (NASDAQ:CYBE) last posted its earnings results on Wednesday, July 24th. The scientific and technical instruments company reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.05) by $0.11. The firm had revenue of $15.04 million for the quarter. CyberOptics had a net margin of 4.97% and a return on equity of 5.69%.

CYBE has been the subject of several analyst reports. TheStreet downgraded CyberOptics from a “b-” rating to a “c+” rating in a research report on Tuesday, May 28th. Zacks Investment Research upgraded shares of CyberOptics from a “sell” rating to a “buy” rating and set a $16.00 price target on the stock in a report on Wednesday, September 4th. Lake Street Capital reaffirmed a “buy” rating and set a $18.00 price objective (down previously from $25.00) on shares of CyberOptics in a research report on Wednesday, July 3rd. Finally, ValuEngine raised shares of CyberOptics from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of CyberOptics by 105.6% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,655 shares of the scientific and technical instruments company’s stock worth $27,000 after buying an additional 850 shares during the last quarter. Marshall Wace North America L.P. bought a new position in shares of CyberOptics during the first quarter worth about $74,000. BerganKDV Wealth Management LLC acquired a new stake in CyberOptics in the 1st quarter valued at approximately $128,000. O Shaughnessy Asset Management LLC lifted its stake in CyberOptics by 114.8% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 8,531 shares of the scientific and technical instruments company’s stock valued at $146,000 after acquiring an additional 4,559 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its stake in CyberOptics by 727.4% in the 2nd quarter. Acadian Asset Management LLC now owns 9,556 shares of the scientific and technical instruments company’s stock valued at $156,000 after acquiring an additional 8,401 shares in the last quarter. Institutional investors and hedge funds own 60.36% of the company’s stock.

Shares of CyberOptics stock traded up $0.59 during mid-day trading on Friday, hitting $15.50. 11,806 shares of the stock were exchanged, compared to its average volume of 37,628. The stock has a market capitalization of $103.80 million, a price-to-earnings ratio of 40.51, a price-to-earnings-growth ratio of 40.39 and a beta of 0.11. The company has a current ratio of 4.46, a quick ratio of 2.96 and a debt-to-equity ratio of 0.06. CyberOptics has a twelve month low of $11.55 and a twelve month high of $22.61. The company has a 50-day simple moving average of $13.78 and a 200 day simple moving average of $16.06.

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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