Media stories about CyberOptics Corporation (NASDAQ:CYBE) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CyberOptics Corporation earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the scientific and technical instruments company an impact score of 46.5474676189102 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s rankings:
- Surface Mount Technology Market Predicted to Rise at a Lucrative CAGR Throughout 2025 (sbwire.com)
- CyberOptics Third Quarter 2017 Earnings Conference Call Scheduled for October 24 (finance.yahoo.com)
- CyberOptics Demonstrates New MRS-Enabled AOI, SPI and CMM Solutions at productronica Germany (finance.yahoo.com)
- CyberOptics Corporation (CYBE) to Release Quarterly Earnings on Monday (americanbankingnews.com)
CYBE has been the subject of a number of research analyst reports. Dougherty & Co decreased their price target on shares of CyberOptics Corporation from $55.00 to $35.00 and set a “buy” rating for the company in a report on Friday, July 28th. Lake Street Capital decreased their price target on shares of CyberOptics Corporation from $27.00 to $15.00 and set a “buy” rating for the company in a report on Tuesday, October 3rd. Craig Hallum reaffirmed a “buy” rating and issued a $20.00 price target (down previously from $25.00) on shares of CyberOptics Corporation in a report on Tuesday, October 3rd. They noted that the move was a valuation call. Finally, ValuEngine cut shares of CyberOptics Corporation from a “hold” rating to a “sell” rating in a report on Friday, July 28th. One research analyst has rated the stock with a sell rating and three have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $18.67.
CyberOptics Corporation (NASDAQ:CYBE) traded down 1.17% on Thursday, hitting $12.65. 85,439 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $14.36 and its 200-day moving average price is $19.41. The company has a market cap of $88.18 million, a PE ratio of 11.11 and a beta of -0.33. CyberOptics Corporation has a 12-month low of $11.35 and a 12-month high of $41.18.
CyberOptics Corporation (NASDAQ:CYBE) last issued its earnings results on Thursday, July 27th. The scientific and technical instruments company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.02). CyberOptics Corporation had a net margin of 14.32% and a return on equity of 5.94%. The company had revenue of $16.41 million during the quarter, compared to analyst estimates of $16.02 million. Analysts forecast that CyberOptics Corporation will post $0.02 earnings per share for the current year.
CyberOptics Corporation announced that its board has approved a stock repurchase plan on Monday, October 2nd that allows the company to repurchase $3.00 million in shares. This repurchase authorization allows the scientific and technical instruments company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.
About CyberOptics Corporation
Cyberoptics Corporation is a developer and manufacturer of sensing technology solutions. The Company’s products and services are used in the surface mount technology (SMT), semiconductor and three dimensional (3D) scanning solutions and services markets. Its products are sold into the electronics assembly, dynamic random access memory (DRAM) and flash memory, and semiconductor fabrication capital equipment markets.
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