Iec Electronics Corp (NYSEMKT:IEC) Sentiment Worsened, Despite

IEC Electronics Corp. (NYSEAMERICAN:IEC) Logo

Sentiment for Iec Electronics Corp (NYSEMKT:IEC)

Iec Electronics Corp (NYSEMKT:IEC) institutional sentiment decreased to 0.56 in Q2 2019. Its down -1.22, from 1.78 in 2019Q1. The ratio is negative, as 9 funds opened new and increased positions, while 16 reduced and sold their positions in Iec Electronics Corp. The funds in our partner’s database now possess: 2.40 million shares, down from 2.60 million shares in 2019Q1. Also, the number of funds holding Iec Electronics Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 10 Increased: 5 New Position: 4.

IEC Electronics Corp., together with its subsidiaries, provides electronic contract manufacturing services in the United States. The company has market cap of $71.21 million. It specializes in delivering technical solutions for the custom manufacturing, product configuration, and verification testing of complex products that require a sophisticated level of manufacturing. It has a 5.93 P/E ratio. The firm makes a range of assemblies that are incorporated into various products, such as aerospace and defense systems, medical devices, industrial equipment, and transportation products.

The stock increased 0.29% or $0.02 during the last trading session, reaching $6.89. About 6,795 shares traded. IEC Electronics Corp. (NYSEMKT:IEC) has risen 15.83% since October 12, 2018 and is uptrending. It has outperformed by 15.83% the S&P500.

Analysts await IEC Electronics Corp. (NYSEAMERICAN:IEC) to report earnings on November, 27. They expect $0.17 earnings per share, up 30.77 % or $0.04 from last year’s $0.13 per share. IEC’s profit will be $1.76M for 10.13 P/E if the $0.17 EPS becomes a reality. After $0.11 actual earnings per share reported by IEC Electronics Corp. for the previous quarter, Wall Street now forecasts 54.55 % EPS growth.

Punch & Associates Investment Management Inc. holds 0.31% of its portfolio in IEC Electronics Corp. for 595,400 shares. Walthausen & Co. Llc owns 207,110 shares or 0.17% of their US portfolio. Moreover, Eam Investors Llc has 0.13% invested in the company for 82,281 shares. The New York-based Cobblestone Capital Advisors Llc Ny has invested 0.05% in the stock. Weber Alan W, a New York-based fund reported 10,000 shares.

Since January 1, 0001, it had 4 insider purchases, and 0 insider sales for $119,106 activity.

More notable recent IEC Electronics Corp. (NYSEAMERICAN:IEC) news were published by: Stockhouse.com which released: “Mitsubishi Electric Releases FR-E800 General Purpose Inverter Series – Stockhouse” on September 09, 2019, also Stockhouse.com with their article: “iPhone 11 Pro and iPhone 11 Pro Max: the Most Powerful and Advanced Smartphones – Stockhouse” published on September 10, 2019, Globenewswire.com published: “IEC Will Host Conference Call to Discuss Fiscal 2019 Third Quarter Financial Results – GlobeNewswire” on July 24, 2019. More interesting news about IEC Electronics Corp. (NYSEAMERICAN:IEC) were released by: Stockhouse.com and their article: “Skeena Intersects 18.13 g/t AuEq over 22.65 metres in New High-Grade Vent at Eskay Creek – Stockhouse” published on September 09, 2019 as well as Globenewswire.com‘s news article titled: “Thomas L. Barbato Named Chief Financial Officer of IEC Electronics – GlobeNewswire” with publication date: September 06, 2018.

IEC Electronics Corp. (NYSEAMERICAN:IEC) Institutional Positions Chart

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