News coverage about CUI Global (NASDAQ:CUI) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. CUI Global earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave media stories about the industrial products company an impact score of 46.7754738891354 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Critical Analysis: CyberOptics Corporation (CYBE) versus CUI Global (CUI) (americanbankingnews.com)
- CUI Global To Participate At The Midwest IDEAS… (benzinga.com)
- CUI Global Inc. :’s Wholly-Owned Subsidiary, CUI Inc, Announces Production Release of its Power Monitoring and Switching System for Data Centers (4-traders.com)
- CUI Global To Participate At The Midwest … (ih.advfn.com)
- CUI Global To Participate At The Midwest IDEAS Investor Conference On August 30, 2017 In Chicago (finance.yahoo.com)
Several brokerages recently commented on CUI. Zacks Investment Research upgraded CUI Global from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 11th. HC Wainwright set a $12.00 price target on CUI Global and gave the stock a “buy” rating in a research report on Thursday, August 10th. Finally, Ladenburg Thalmann Financial Services assumed coverage on CUI Global in a research report on Wednesday, May 31st. They set a “buy” rating and a $8.00 price target for the company. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $9.00.
CUI Global (NASDAQ CUI) opened at 3.61 on Friday. The stock has a 50 day moving average price of $3.53 and a 200 day moving average price of $4.38. CUI Global has a 52 week low of $3.01 and a 52 week high of $7.39. The firm’s market cap is $75.79 million.
CUI Global (NASDAQ:CUI) last issued its earnings results on Wednesday, August 9th. The industrial products company reported ($0.07) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.05. CUI Global had a negative return on equity of 16.61% and a negative net margin of 10.29%. The firm had revenue of $22.50 million for the quarter, compared to analysts’ expectations of $19.96 million. During the same quarter last year, the firm earned ($0.07) earnings per share. The firm’s revenue for the quarter was down 2.6% compared to the same quarter last year. Equities research analysts expect that CUI Global will post ($0.39) EPS for the current year.
In related news, CEO William J. Clough acquired 17,500 shares of CUI Global stock in a transaction on Thursday, June 15th. The shares were bought at an average price of $3.28 per share, for a total transaction of $57,400.00. Following the completion of the purchase, the chief executive officer now directly owns 37,666 shares in the company, valued at approximately $123,544.48. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders purchased 27,825 shares of company stock worth $92,648 in the last quarter. 4.67% of the stock is owned by insiders.
CUI Global Company Profile
CUI Global, Inc is a platform company. The Company’s segments include Power and Electromechanical, Energy and Other. The Power and Electromechanical segment includes its subsidiaries, CUI, Inc (CUI), CUI Japan and CUI-Canada, Inc, which provide electromechanical components, including power supplies, transformers, converters, connectors and industrial controls for original equipment manufacturers (OEMs).
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