ZBB Energy (ESNC) Given a $2.00 Price Target by HC Wainwright Analysts

ZBB Energy (NYSEAMERICAN:ESNC) has been given a $2.00 price target by research analysts at HC Wainwright in a report released on Wednesday. The brokerage presently has a “buy” rating on the technology company’s stock. HC Wainwright’s target price suggests a potential upside of 471.43% from the stock’s current price.

ZBB Energy opened at $0.35 on Wednesday, according to MarketBeat Ratings. ZBB Energy has a 12 month low of $0.35 and a 12 month high of $0.36.

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ZBB Energy (NYSEAMERICAN:ESNC) last released its quarterly earnings data on Tuesday, May 15th. The technology company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. The firm had revenue of $3.07 million for the quarter, compared to analysts’ expectations of $6.16 million. ZBB Energy had a negative net margin of 53.88% and a negative return on equity of 85.43%.

ZBB Energy Company Profile

EnSync, Inc, together with its subsidiaries, develops, licenses, and manufactures energy management systems solutions for the commercial and industrial building, utility, and off-grid markets in the United States and internationally. The company's products include Matrix energy management, an energy control system for the commercial and industrial, and multi-tenant building markets; DER Flex Internet of energy control platform, a software platform that seamlessly connects to DERs and controls the flow of electricity, as well as offers aggregation and monetization opportunities for providing utility grid services; DER SuperModule system, a self-contained DER system that integrates with renewable generation, customer load, and grid interconnection for deploying the least expensive, highest value, and most reliable electricity; and Agile Hybrid advanced energy storage system, an energy storage system to deliver power and energy for behind-the-meter applications in commercial, industrial, multi-tenant, and resort buildings.