LiqTech International Inc (NASDAQ:LIQT) has earned a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy recommendation.
Brokerages have set a 1 year consensus price objective of $8.00 for the company and are forecasting that the company will post ($0.04) EPS for the current quarter, according to Zacks. Zacks has also assigned LiqTech International an industry rank of 114 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine upgraded LiqTech International from a “buy” rating to a “strong-buy” rating in a research note on Tuesday.
LiqTech International (NASDAQ:LIQT) last posted its quarterly earnings data on Thursday, November 14th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01. The firm had revenue of $9.67 million during the quarter, compared to analyst estimates of $10.14 million. LiqTech International had a negative return on equity of 1.61% and a negative net margin of 0.88%. On average, equities analysts expect that LiqTech International will post 0.02 earnings per share for the current year.
About LiqTech International
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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