Uni-Pixel, Inc (UNXL) could soar to $6 in a year, analysts say

By the analyst ratings alone, Uni-Pixel, Inc. (UNXL) is attractive to say the least. It has a mean rating of 2 on a scale in which 1.0 means Strong Buy and 5.0 means Sell. The stock is rated as buy by 1 analysts, with 0 outperform and 1 hold rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for strong sell.

For the current quarter, the 2 analysts offering adjusted EPS forecast have a consensus estimate of $-0.13 a share, which would compare with $-0.46 in the same quarter last year. They have a high estimate of $-0.08 and a low estimate of $-0.17. Revenue for the period is expected to total nearly $1.75M from $7.00K the year-ago period.

For the full year, 2 Wall Street analysts forecast this company would deliver earnings of $-0.34 per share, with a high estimate of $-0.19 and a low estimate of $-0.48. It had reported earnings per share of $-0.34 in the corresponding quarter of the previous year. Revenue for the period is expected to total nearly $18.65M versus 3.76M in the preceding year.

The analysts project the company to maintain annual growth of around 30 percent over the next five years as compared to an average growth rate of 15.8 percent expected for its competitors in the same industry.

Among the 2 analysts Thomson/First Call tracks, the 12-month average price target for UNXL is $3.5 but some analysts are projecting the price to go as high as $6. If the optimistic analysts are correct, that represents a 174 percent upside potential from the recent closing price of $2.19. Some sell-side analysts, particularly the bearish ones, have called for $1 price targets on shares of Uni-Pixel, Inc..

See Also: THE BIG DROP: HOW TO GROW YOUR WEALTH DURING THE COMING COLLAPSE

In the last reported results, the company reported earnings of $-0.3 per share, while analysts were calling for share earnings of $-0.24. It was an earnings surprise of -25 percent. In the matter of earnings surprises, the term Cockroach Effect is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Uni-Pixel, Inc. designs, develops, manufactures, and markets micro-structured polymer film materials and related technologies for the display, flexible electronics, and automotive industries in the United States. The company markets its touch screen films under the brand XTouch, as sub-components of a touch sensor module; and hard coat resin and optical films under the Diamond Guard brand. Uni-Pixel, Inc. is headquartered in Santa Clara, California.