Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €3.45, the stock trades at a trailing P/E ratio of 17.4x. Average forward P/E is 26x in the Electrical industry in Germany. Negligible returns to shareholders over past three years. Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Jeanette Press was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 02
Broadwind, Inc. to Report Q1, 2026 Results on May 12, 2026 Broadwind, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 12, 2026 Announcement • Apr 15
Broadwind, Inc., Annual General Meeting, May 28, 2026 Broadwind, Inc., Annual General Meeting, May 28, 2026. Announcement • Mar 11
Broadwind, Inc. Reaffirms Earnings Guidance for the Year 2026 Broadwind, Inc. reaffirmed earnings guidance for the year 2026. For the year, the company expects total revenue to be $140.0 million to $150.0 million. Announcement • Feb 06
Broadwind, Inc. Provides Earnings Guidance for the Full-Year 2026 Broadwind, Inc. provided earnings guidance for the full-year 2026. For the period, the company expects Total Revenue to be in the range of $140.0 millions to $150.0 millions with midpoint of $145.0 millions. Announcement • Feb 05
Broadwind, Inc. to Report Q4, 2025 Results on Mar 11, 2026 Broadwind, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 11, 2026 Announcement • Nov 13
Broadwind, Inc. Raises Earnings Guidance for the Full Year 2025 Broadwind, Inc. raised earnings Guidance for the Full Year 2025. The following financial guidance reflects the Company’s current expectations and beliefs. Company expected revenue to be in range of $155 Million to $160 Million against previous guidance of revenue to be in range of $145 Million to $155 Million. Announcement • Oct 30
Broadwind, Inc. to Report Q3, 2025 Results on Nov 13, 2025 Broadwind, Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 13, 2025 Announcement • Sep 12
Broadwind, Inc. Provides Revenue Guidance for Full Year 2025 Broadwind, Inc. provided revenue guidance for full year 2025. For the period, the company expects revenues in a range of $145 million to $155 million. Announcement • Sep 11
Broadwind, Inc. (NasdaqCM:BWEN) announces an Equity Buyback for $3 million worth of its shares. Broadwind Energy, Inc. (NasdaqCM:BWEN) announces a share repurchase program. Under the program, the company will repurchase up to $3 million of its common stock. Announcement • Jul 30
Broadwind, Inc. to Report Q2, 2025 Results on Aug 12, 2025 Broadwind, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025 Announcement • May 14
Broadwind, Inc. Reiterates Earnings Guidance for the Full Year 2025 Broadwind, Inc. reiterated earnings guidance for the full year 2025. For the period, the company expects total revenue in the range of $140 million to $160 million. Announcement • Apr 29
Broadwind, Inc. to Report Q1, 2025 Results on May 13, 2025 Broadwind, Inc. announced that they will report Q1, 2025 results Pre-Market on May 13, 2025 Announcement • Mar 19
Broadwind, Inc., Annual General Meeting, May 15, 2025 Broadwind, Inc., Annual General Meeting, May 15, 2025. Announcement • Mar 06
Broadwind, Inc. Provides Earnings Guidance for the Full Year 2025 Broadwind, Inc. provided earnings guidance for the full year 2025. For the period, the company expected total revenue to be in the range of $140 million to $160 million. Announcement • Feb 20
Broadwind, Inc. to Report Q4, 2024 Results on Mar 05, 2025 Broadwind, Inc. announced that they will report Q4, 2024 results at 9:00 AM, US Eastern Standard Time on Mar 05, 2025 New Risk • Nov 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 49% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 49% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Market cap is less than US$100m (€34.1m market cap, or US$35.8m). Announcement • Nov 13
Broadwind, Inc. Provides Earnings Guidance for the Fourth Quarter 2024 Broadwind, Inc. provided earnings guidance for the fourth quarter 2024. For the period, company expected total revenue to be in range of $31 Million to $33 Million. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1.53, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electrical industry in Germany. Total loss to shareholders of 42% over the past three years. Announcement • Oct 30
Broadwind, Inc. to Report Q3, 2024 Results on Nov 13, 2024 Broadwind, Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 13, 2024 Buy Or Sell Opportunity • Oct 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 39% to €1.87. The fair value is estimated to be €2.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.1% in a year. Earnings are forecast to decline by 50% in the next year. Buy Or Sell Opportunity • Sep 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 41% to €1.87. The fair value is estimated to be €2.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.1% in a year. Earnings are forecast to decline by 50% in the next year. Buy Or Sell Opportunity • Sep 02
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 41% to €1.89. The fair value is estimated to be €2.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.1% in a year. Earnings are forecast to decline by 50% in the next year. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €1.98, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Electrical industry in Germany. Total loss to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.52 per share. Buy Or Sell Opportunity • Aug 14
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 18% to €2.01. The fair value is estimated to be €2.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 6.1% in a year. Earnings are forecast to decline by 50% in the next year. New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 1.3% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (2.0% increase in shares outstanding). Market cap is less than US$100m (€45.3m market cap, or US$50.0m). Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: US$0.022 (vs US$0.067 in 2Q 2023) Second quarter 2024 results: EPS: US$0.022 (down from US$0.067 in 2Q 2023). Revenue: US$36.5m (down 28% from 2Q 2023). Net income: US$482.0k (down 66% from 2Q 2023). Profit margin: 1.3% (down from 2.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Aug 14
Broadwind, Inc. Provides Earnings Guidance for the Third Quarter of 2024 Broadwind, Inc. provided earnings guidance for the third quarter of 2024. For the period, Company expects Total revenue in the range of $36 million to $38 million. Announcement • Jul 31
Broadwind, Inc. to Report Q2, 2024 Results on Aug 13, 2024 Broadwind, Inc. announced that they will report Q2, 2024 results at 9:30 AM, US Eastern Standard Time on Aug 13, 2024 Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 39% After last week's 39% share price gain to €3.06, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Electrical industry in Germany. Total loss to shareholders of 6.9% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.43 per share. New Risk • May 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (€68.5m market cap, or US$74.3m). New Risk • May 15
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 2.9% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Market cap is less than US$100m (€48.9m market cap, or US$52.9m). Reported Earnings • May 15
First quarter 2024 earnings released: EPS: US$0.07 (vs US$0.037 in 1Q 2023) First quarter 2024 results: EPS: US$0.07 (up from US$0.037 in 1Q 2023). Revenue: US$37.6m (down 23% from 1Q 2023). Net income: US$1.51m (up 96% from 1Q 2023). Profit margin: 4.0% (up from 1.6% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • May 15
Broadwind, Inc. Provides Earnings Financial Guidance for the Second Quarter 2024 Broadwind, Inc. provided earnings financial guidance for the second quarter 2024. For the period, company expects Total Revenue to be $37.0 million to $39.0 million and its Mid point is $38.0 million. Announcement • May 01
Broadwind, Inc. to Report Q1, 2024 Results on May 14, 2024 Broadwind, Inc. announced that they will report Q1, 2024 results Pre-Market on May 14, 2024 Buy Or Sell Opportunity • Apr 05
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 3.3% to €2.32. The fair value is estimated to be €1.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 1.2% in 2 years. Earnings are forecast to decline by 18% in the next 2 years. Announcement • Apr 03
Broadwind, Inc., Annual General Meeting, May 16, 2024 Broadwind, Inc., Annual General Meeting, May 16, 2024, at 08:00 Central Daylight. Location: corporate office located at 3240 South Central Avenue, Cicero, Illinois 60804 Cicero Illinois United States Agenda: To vote on the election of the six director nominees named in the attached Proxy Statement to serve on company Board of Directors , each for a term of one year or until their respective successor is duly elected and qualified; to approve, by a non-binding advisory vote, the compensation paid to the company’s named executive officers; to approve an amendment to the company’s Certificate of Incorporation to increase the number of authorized shares of company Common Stock; to approve an amendment to the company’s Certificate of Incorporation to permit the exculpation of officers; to ratify the appointment of RSM US LLP as company independent registered public accounting firm for 2024; and to consider other business matters. Announcement • Mar 06
Broadwind, Inc. Provides Earnings Financial Guidance for the First Quarter 2024 Broadwind, Inc. provided earnings financial guidance for the first quarter 2024. For the period, company expects Total Revenue to be $34.0 million to $38.0 million and its Mid point is $36.0 million. New Risk • Mar 06
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 21% per year for the foreseeable future. High level of non-cash earnings (39% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Market cap is less than US$100m (€47.7m market cap, or US$51.8m). Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: US$0.36 (vs US$0.48 loss in FY 2022) Full year 2023 results: EPS: US$0.36 (up from US$0.48 loss in FY 2022). Revenue: US$203.5m (up 15% from FY 2022). Net income: US$7.65m (up US$17.4m from FY 2022). Profit margin: 3.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. Announcement • Feb 21
Broadwind, Inc. to Report Q4, 2023 Results on Mar 05, 2024 Broadwind, Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 05, 2024 Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €2.08, the stock trades at a trailing P/E ratio of 13.6x. Average forward P/E is 15x in the Electrical industry in Europe. Total loss to shareholders of 45% over the past three years. New Risk • Nov 17
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings are forecast to decline by an average of 2.8% per year for the foreseeable future. Minor Risks Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Market cap is less than US$100m (€46.0m market cap, or US$49.9m). Announcement • Nov 15
Broadwind, Inc. Provides Revenue Guidance for the Year 2023 Broadwind, Inc. provided revenue guidance for the year 2023. For the year, the company expects Revenue of $205 million to $220 million. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: US$0.21 (vs US$0.086 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.21 (up from US$0.086 loss in 3Q 2022). Revenue: US$57.2m (up 28% from 3Q 2022). Net income: US$4.39m (up US$6.17m from 3Q 2022). Profit margin: 7.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Oct 26
Broadwind, Inc. to Report Q3, 2023 Results on Nov 08, 2023 Broadwind, Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 08, 2023 New Risk • Aug 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.5% average weekly change). Minor Risks Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Market cap is less than US$100m (€83.3m market cap, or US$90.3m). Recent Insider Transactions • Aug 22
Independent Director recently bought €93k worth of stock On the 18th of August, Sachin Shivaram bought around 28k shares on-market at roughly €3.36 per share. This transaction increased Sachin's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €101k more in shares than they have sold in the last 12 months. Announcement • Aug 17
Broadwind, Inc. Reaffirms Earnings Guidance for the Year 2023 Broadwind, Inc. reaffirmed earnings guidance for the year 2023. For the year, the company expects revenue guidance in a range of between $205 million to $220 million. Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: US$0.067 (vs US$0.13 loss in 2Q 2022) Second quarter 2023 results: EPS: US$0.067 (up from US$0.13 loss in 2Q 2022). Revenue: US$50.8m (up 1.7% from 2Q 2022). Net income: US$1.42m (up US$4.12m from 2Q 2022). Profit margin: 2.8% (up from net loss in 2Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Aug 03
Broadwind, Inc. to Report Q2, 2023 Results on Aug 14, 2023 Broadwind, Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 14, 2023 Announcement • May 16
WM Argyle Urges Broadwind Stockholders to Reject Flawed Analysis by Proxy Advisors On May 15, 2023, WM Argyle Fund, LLC urged stockholders to reject the recommendations of proxy advisors ISS and Glass Lewis concerning the election of Broadwind’s Board of Directors. WM Argyle stated that stockholders should make their own considered judgment and not blindly follow the proxy advisors’ narrow, formulaic, and management-biased approach. In addition, WM Argyle urged stockholders to vote for its 3 candidates for the Board: Ryan Bogenschneider, Christine Candela and James Robinson IV and to WITHHOLD their votes on the 3 opposed directors: David P. Reiland, Thomas A. Wagner and Cary B. Wood - who are most responsible for the Company’s years-long underperformance. Reported Earnings • May 12
First quarter 2023 earnings released: EPS: US$0.037 (vs US$0.12 loss in 1Q 2022) First quarter 2023 results: EPS: US$0.037 (up from US$0.12 loss in 1Q 2022). Revenue: US$48.9m (up 17% from 1Q 2022). Net income: US$769.0k (up US$3.17m from 1Q 2022). Profit margin: 1.6% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Reported Earnings • Mar 10
Full year 2022 earnings released: US$0.48 loss per share (vs US$0.15 profit in FY 2021) Full year 2022 results: US$0.48 loss per share (down from US$0.15 profit in FY 2021). Revenue: US$176.8m (up 21% from FY 2021). Net loss: US$9.73m (down 442% from profit in FY 2021). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Reported Earnings • Nov 09
Third quarter 2022 earnings released: US$0.086 loss per share (vs US$0.11 loss in 3Q 2021) Third quarter 2022 results: US$0.086 loss per share (improved from US$0.11 loss in 3Q 2021). Revenue: US$44.8m (up 11% from 3Q 2021). Net loss: US$1.77m (loss narrowed 16% from 3Q 2021). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • Nov 05
Broadwind, Inc. Appoints Sachin Shivaram to its Board of Directors Broadwind announced the appointment of Mr. Sachin Shivaram to its Board of Directors, effective November 2, 2022. Mr. Shivaram brings to Broadwind more than fourteen years of strategic leadership experience within the precision manufacturing sector. Since 2019, Mr. Shivaram has served as chief executive officer of Wisconsin Aluminum Foundry, a vertically integrated provider of aluminum and copper-based alloy castings for a wide variety of industries. Mr. Shivaram also serves as a member of the Board of Directors of Lodge Cast Iron. Previously, Mr. Shivaram served as President, Sierra Aluminum and Pressure Vessel Group, both divisions of Samuel, Son & Co. Earlier in his career, he held progressively senior strategic roles with Tenaris S.A., Severstal PAO, ArcelorMittal and McKinsey & Company. Mr. Shivaram received a Bachelor of Arts degree in history and literature from Harvard University, a Master of Philosophy from the University of Cambridge, and a Juris Doctor from Yale Law School. He is licensed to practice law in the State of Wisconsin. Announcement • Oct 26
Broadwind, Inc. to Report Q3, 2022 Results on Nov 08, 2022 Broadwind, Inc. announced that they will report Q3, 2022 results Pre-Market on Nov 08, 2022 Reported Earnings • Aug 10
Second quarter 2022 earnings released: US$0.13 loss per share (vs US$0.55 profit in 2Q 2021) Second quarter 2022 results: US$0.13 loss per share (down from US$0.55 profit in 2Q 2021). Revenue: US$50.0m (up 7.6% from 2Q 2021). Net loss: US$2.70m (down 126% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 21% share price gain to €1.84, the stock trades at a trailing P/E ratio of 25.8x. Average forward P/E is 25x in the Electrical industry in Germany. Total returns to shareholders of 19% over the past three years. Announcement • Jul 28
Broadwind, Inc. to Report Q2, 2022 Results on Aug 09, 2022 Broadwind, Inc. announced that they will report Q2, 2022 results Pre-Market on Aug 09, 2022 Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 16% share price gain to €1.65, the stock trades at a trailing P/E ratio of 21.2x. Average forward P/E is 27x in the Electrical industry in Germany. Negligible returns to shareholders over past three years. Reported Earnings • May 08
First quarter 2022 earnings released: US$0.12 loss per share (vs US$0.07 loss in 1Q 2021) First quarter 2022 results: US$0.12 loss per share (down from US$0.07 loss in 1Q 2021). Revenue: US$41.8m (up 28% from 1Q 2021). Net loss: US$2.40m (loss widened 99% from 1Q 2021). Over the next year, revenue is forecast to grow 5.9%, compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 118% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Apr 22
Broadwind, Inc. to Report Q1, 2022 Results on May 06, 2022 Broadwind, Inc. announced that they will report Q1, 2022 results Pre-Market on May 06, 2022 Reported Earnings • Mar 03
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$0.15 (up from US$0.089 loss in FY 2020). Revenue: US$145.6m (down 27% from FY 2020). Net income: US$2.85m (up US$4.33m from FY 2020). Profit margin: 2.0% (up from net loss in FY 2020). Revenue missed analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 18%, compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 17% share price gain to €1.83, the stock trades at a trailing P/E ratio of 8.5x. Average forward P/E is 28x in the Electrical industry in Germany. Total returns to shareholders of 21% over the past three years. Announcement • Feb 17
Broadwind, Inc. to Report Q4, 2021 Results on Mar 02, 2022 Broadwind, Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 02, 2022 Valuation Update With 7 Day Price Move • Feb 11
Investor sentiment improved over the past week After last week's 18% share price gain to €1.67, the stock trades at a trailing P/E ratio of 7.3x. Average forward P/E is 28x in the Electrical industry in Germany. Total returns to shareholders of 36% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €1.95, the stock trades at a trailing P/E ratio of 8.2x. Average forward P/E is 31x in the Electrical industry in Germany. Total returns to shareholders of 43% over the past three years. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €2.32, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 33x in the Electrical industry in Germany. Total returns to shareholders of 54% over the past three years. Reported Earnings • Nov 11
Third quarter 2021 earnings released: US$0.11 loss per share (vs US$0.059 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$40.4m (down 26% from 3Q 2020). Net loss: US$2.11m (loss widened 110% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 11
Third quarter 2021 earnings released: US$0.11 loss per share (vs US$0.059 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: US$40.4m (down 26% from 3Q 2020). Net loss: US$2.11m (loss widened 110% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improved over the past week After last week's 29% share price gain to €2.90, the stock trades at a forward P/E ratio of 217x. Average forward P/E is 24x in the Electrical industry in Germany. Total returns to shareholders of 67% over the past three years. Executive Departure • Oct 12
CFO, VP & Treasurer Jason Bonfigt has left the company On the 1st of October, Jason Bonfigt's tenure as CFO, VP & Treasurer ended after 4.2 years in the role. As of June 2021, Jason still personally held 95.47k shares (€368k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.75 years. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment deteriorated over the past week After last week's 20% share price decline to €2.20, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorated over the past week After last week's 22% share price decline to US$2.58, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 37% over the past three years. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS US$0.55 (vs US$0.032 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$46.5m (down 15% from 2Q 2020). Net income: US$10.3m (up US$9.72m from 2Q 2020). Profit margin: 22% (up from 1.0% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Aug 08
Broadwind, Inc. Provides Earnings Guidance for the Third Quarter and Sales Guidance for the Second Half of 2021 Broadwind, Inc. provided earnings guidance for the third quarter and second half of 2021. The company expects third quarter 2021 revenue to be in a range of $38.0 million to $42.0 million.
Given this pause in wind energy projects, the company expects second half tower production to be approximately 50% of optimal capacity, resulting in an approximate 25% decline in second half 2021 consolidated sales when compared to the second half of 2020. Executive Departure • Aug 07
Independent Director Terence Fox has left the company On the 3rd of August, Terence Fox's tenure as Independent Director ended after 15.5 years in the role. As of March 2021, Terence still personally held 489.75k shares (€2.7m worth at the time). Terence is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.92 years. Recent Insider Transactions • Jun 02
Independent Director recently sold €73k worth of stock On the 27th of May, Thomas Wagner sold around 20k shares on-market at roughly €3.66 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €147k more than they bought in the last 12 months. Breakeven Date Change • May 26
Forecast breakeven moved forward to 2021 The 3 analysts covering Broadwind previously expected the company to break even in 2022. New consensus forecast suggests the company will make a profit of US$1.55m in 2021. Earnings growth of 104% is required to achieve expected profit on schedule. Announcement • May 08
Broadwind, Inc. Provides Earnings Guidance for the Second Quarter of 2021 Broadwind, Inc. provided earnings guidance for the second quarter of 2021. For the period, The company expects revenue to be in a range of $45 million to $50 million. Announcement • Mar 19
Broadwind, Inc., Annual General Meeting, Apr 30, 2021 Broadwind, Inc., Annual General Meeting, Apr 30, 2021, at 08:00 Central Standard Time. Location: 3240 South Central Avenue Cicero Illinois United States Agenda: To elect seven directors to hold office for a term of one year or until their successors are duly elected and qualified; to approve the compensation of named executive officers; to approve a second amendment to the Amended and Restated Broadwind, Inc. 2015 Equity Incentive Plan to increase the number of shares of common stock available for awards under such plan; and to ratify the appointment of RSM US LLP as independent registered public accounting firm for 2021. Announcement • Feb 27
Broadwind, Inc. Withdraws Earnings Guidance for the First Half of 2021 Broadwind, Inc. withdrew earnings guidance for the first half of 2021. Although the company has provided the first half 2021 guidance in late January, it has chosen to withdraw this guidance due to escalating supply chain challenges as well as a temporary plant closure associated with extreme weather conditions in Texas. The company is continuing to assess the impacts of these situations and will likely reinstate guidance in the future as the company confirms timing of critical supply chain deliveries and modify delivery schedules with customers. Announcement • Feb 20
Broadwind, Inc. to Report Q4, 2020 Results on Feb 25, 2021 Broadwind, Inc. announced that they will report Q4, 2020 results Pre-Market on Feb 25, 2021 Is New 90 Day High Low • Jan 22
New 90-day high: €8.25 The company is up 141% from its price of €3.42 on 23 October 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 45% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.29 per share. Is New 90 Day High Low • Dec 24
New 90-day high: €4.68 The company is up 90% from its price of €2.46 on 25 September 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €22.88 per share. Is New 90 Day High Low • Nov 24
New 90-day high: €4.40 The company is up 51% from its price of €2.92 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €14.04 per share. Reported Earnings • Nov 05
Third quarter 2020 earnings released: US$0.059 loss per share The company reported a solid third quarter result with improved revenues and control over expenses, though losses increased. Third quarter 2020 results: Revenue: US$54.6m (up 18% from 3Q 2019). Net loss: US$1.00m (loss widened 12% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Nov 05
Revenue beats expectations Revenue exceeded analyst estimates by 13%. Over the next year, revenue is expected to shrink by 1.1% compared to a 17% growth forecast for the Electrical industry in Germany. Announcement • Oct 05
Broadwind Energy, Inc. to Report Q4, 2009 Results on 03/12/2010 Broadwind Energy, Inc. announced that they will report Q4, 2009 results on 03/12/2010 Is New 90 Day High Low • Sep 19
New 90-day low: €2.54 The company is down 7.0% from its price of €2.74 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.42 per share. Recent Insider Transactions • Sep 18
Chairman of the Board recently sold €51k worth of stock On the 11th of September, Stephanie Kushner sold around 19k shares on-market at roughly €2.67 per share. This was the largest sale by an insider in the last 3 months. This was Stephanie's only on-market trade for the last 12 months. Announcement • Jul 24
Broadwind, Inc. to Report Q2, 2020 Results on Aug 05, 2020 Broadwind, Inc. announced that they will report Q2, 2020 results at 9:00 AM, Eastern Standard Time on Aug 05, 2020