iPower (IPW) Set to Announce Quarterly Earnings on Monday

iPower (NASDAQ:IPW – Get Ranking) is set to announce its earnings final results soon after the sector closes on Monday, May well 16th. Analysts count on the business to announce earnings of $.03 for each share for the quarter. Buyers fascinated in registering for the company’s meeting contact can do so utilizing this website link.

iPower (NASDAQ:IPW – Get Score) previous issued its earnings results on Monday, February 14th. The business described $.03 earnings for each share for the quarter, conference analysts’ consensus estimates of $.03. The firm had earnings of $17.13 million for the quarter, in comparison to the consensus estimate of $15.50 million. iPower had a constructive return on fairness of 9.97% and a detrimental net margin of .68%. On average, analysts hope iPower to put up $ EPS for the current fiscal year and $ EPS for the up coming fiscal yr.

Shares of IPW inventory opened at $1.19 on Monday. The stock’s fifty day moving normal price is $1.55 and its two-hundred day moving normal price is $2.10. The organization has a current market cap of $31.53 million and a PE ratio of -39.67. iPower has a fifty-two 7 days reduced of $1.15 and a fifty-two 7 days high of $10.73. The firm has a personal debt-to-fairness ratio of .28, a swift ratio of 2.06 and a latest ratio of 3.81.

Independently, DA Davidson minimized their focus on price on iPower from $8.00 to $6.00 in a report on Tuesday, February 15th.

A hedge fund just lately raised its stake in iPower inventory. Wasatch Advisors Inc. raised its stake in shares of iPower Inc. (NASDAQ:IPW – Get Rating) by 7.5% in the 4th quarter, according to the corporation in its most recent filing with the Securities & Exchange Commission. The fund owned 1,173,658 shares of the company’s inventory after purchasing an supplemental 81,538 shares through the interval. Wasatch Advisors Inc. owned 4.43% of iPower well worth $2,793,000 at the finish of the most recent quarter. 6.19% of the inventory is currently owned by institutional traders.

About iPower (Get Score)

iPower Inc materials hydroponics machines on-line in the United States. It gives different solutions, which include state-of-the-art indoor and greenhouse develop-light techniques, air flow programs, activated carbon filters, vitamins and minerals, growing media, hydroponic drinking water-resistant improve tents, trimming machines, pumps, and extras for hydroponic gardening, as well as other indoor and outdoor expanding solutions beneath the iPower and Basic Deluxe makes through its Zenhydro.com web-site and various 3rd-party e-commerce channels.

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