Broadwind misses Q3 EPS by $0.02, revenue by $4.97M

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Broadwind Intrinsic Stock Value – Broadwind ($NASDAQ:BWEN) is a publicly traded company that designs, manufactures, and services wind turbines and other related equipment. The company missed its Q3 earnings per share estimate by $0.02 and its revenue estimate by $4.97 million. Despite this miss, Broadwind still has a total cash and excess availability of $14.8 million.

Earnings

In the latest earning report of FY2022 Q2 ending June 30, BROADWIND reported total revenue of 158.3M USD and net income loss of 11.3M USD. Compared to the same period last year, total revenue increased by 8.7% while net income decreased by 503.6%. BROADWIND’s total revenue has been on a declining trend in the past 3 years, reaching 158.3M USD in the latest quarter from 198.5M USD in the previous year. The company has been facing challenges in terms of profitability, with net income losses in the past two quarters.

Share Price

Broadwind, a manufacturer of wind turbines, missed its third-quarter earnings per share by $0.02 and its revenue by $4.97 million. So far, media coverage of the company has been mostly negative. On Tuesday, BROADWIND stock opened at $1.6 and closed at $1.6, down by 1.3% from its previous closing price.

VI Analysis – Broadwind Intrinsic Stock Value

Broadwind Energy’s share price is currently undervalued by 41% according to the VI Line. The company’s fundamentals reflect its long term potential and the fair value of its shares is around $2.7. Broadwind Energy is a well-positioned player in the wind energy industry and is poised to benefit from the continued growth of the sector.

VI Peers

Its products and services include wind turbines, gearboxes, and service and maintenance. Broadwind Inc. has a strong presence in the United States, Europe, and China. The company’s main competitors are Siemens Energy AG, Bloom Energy Corp, and Inox Wind Ltd.

– Siemens Energy AG ($OTCPK:SMEGF)

Siemens Energy AG is a German company that focuses on the development and production of energy technologies. The company has a market cap of 10.48B as of 2022 and a Return on Equity of -4.82%. The company’s main products include gas and wind turbines, power generation equipment, and transmission and distribution systems.

– Bloom Energy Corp ($NYSE:BE)

As of 2022, Bloom Energy Corp has a market cap of 4.26B and a Return on Equity of 7545.01%. Bloom Energy is a publicly traded company that provides clean energy solutions. The company’s mission is to make clean energy affordable and accessible to everyone. Bloom Energy’s technology enables organizations to generate power from a variety of renewable sources, including solar, wind, and water. The company’s products are designed to be reliable and efficient, and to provide customers with a cost-effective way to reduce their carbon footprint.

– Inox Wind Ltd ($BSE:539083)

Inox Wind Ltd is an Indian wind energy company. The company has a market cap of 35.63B as of 2022 and a Return on Equity of -13.74%. The company is involved in the design, manufacture, and installation of wind turbines.

Summary

Broadwind is a publicly traded company that designs, manufactures, and services wind turbines and related equipment. Investing in Broadwind could be a good way to gain exposure to the growing renewable energy sector. The company has a strong history of profitability and has a strong market position in the United States. However, it is important to keep in mind that the wind energy sector is highly competitive and subject to government regulation.