Analysts Anticipate LiqTech International Inc (NASDAQ:LIQT) to Post $0.01 EPS

Shares of LiqTech International Inc (NASDAQ:LIQT) have earned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Brokerages have set a 12 month consensus price target of $12.00 for the company and are forecasting that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also assigned LiqTech International an industry rank of 89 out of 256 based on the ratings given to its competitors.

Separately, B. Riley reiterated a “buy” rating on shares of LiqTech International in a research report on Friday, March 1st.

Shares of LiqTech International stock opened at $9.91 on Wednesday. The company’s fifty day simple moving average is $9.23. The company has a market cap of $174.98 million, a PE ratio of -41.29 and a beta of 1.02. LiqTech International has a 52 week low of $2.60 and a 52 week high of $10.69.

LiqTech International (NASDAQ:LIQT) last issued its earnings results on Thursday, March 28th. The company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08). The company had revenue of $2.90 million during the quarter, compared to analysts’ expectations of $3.07 million. LiqTech International had a negative net margin of 13.02% and a negative return on equity of 24.04%. As a group, research analysts forecast that LiqTech International will post 0.08 earnings per share for the current year.

LiqTech International Company Profile

LiqTech International, Inc, a clean technology company, provides technologies for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company manufactures and sells ceramic silicon carbide membranes and systems for liquid filtration under the LiqTech, Cometas, and Provital brand names, which are used for the filtration of produced water, pre-filtration of reverse osmosis drinking water, industrial applications, producing clean drinking water, and pool and spa water, as well as marine scrubber bleed water.

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