Exide Technologies (Exide) is a provider of stored electrical energy solutions, and is a manufacturer and supplier of lead-acid batteries for transportation and industrial applications worldwide. Exide Technologies (XIDE) is scheduled to report its fourth quarter earnings results on June 08, 2012, before market open.
Exide has a market cap of $184.74 million and it is currently trading around $2.34 with a 52 week range of $2.22 to $9.98. The stock has -11.03% price performance for the year 2012. The following table provides the key financial ratios for Exide:
|Return On Assets (ROA)||2.18%|
|Return On Equity (ROE)||11.29%|
Recent News & Analyst Ratings
- On Mar 13, 2012, Exide Technologies Launches Advanced Technology Battery Geared Toward Longer Life. The Launch brings new jobs, expanded operation in Columbus, GA.
- On Mar 05, 2012 Stifel Nicolaus resumes coverage on Exide Technologies with a Hold.
- On Feb 16, 2012 Exide Technologies Appoints Carla Chaney To Executive Vice President, Human Resources
- On Feb 16, 2012 Exide Launches the first of its kind European battery finder application for the iPhone.
- On Feb 13, 2012, Ardour Capital downgraded Exide Technologies from Buy to Hold, and set price target lowered from $4.50 to $3.25.
Analyst Guidance and Earnings History
The fourth quarter revenues are expected to be $750.48 million when compared to $774.55 million for the same quarter last year. Earnings per share for the fourth quarter are expected to be 8 cents a share, up from loss of 18 cents a share in the year-ago period.
The average price target from analyst for Exide is $5.5 with average rating is OVERWEIGHT
Out of the last 4 quarters, Exide has met or exceeded the EPS estimates only once. The following chart shows the Analyst estimates history and the actual EPS results:
Sources: Some of the data is taken from Google Finance, Yahoo Finance, Finviz and investor sites.
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