Price Don’t Lie: Could CyberOptics Corporation Gain Strenght? The Stock Reaches Yearly Low

Price Don't Lie: Could CyberOptics Corporation Gain Strenght? The Stock Reaches Yearly Low

The stock of CyberOptics Corporation (NASDAQ:CYBE) is a huge mover today! About 98,910 shares traded hands. CyberOptics Corporation (NASDAQ:CYBE) has risen 163.77% since March 8, 2016 and is uptrending. It has outperformed by 154.45% the S&P500.
The move comes after 9 months negative chart setup for the $169.62M company. It was reported on Oct, 11 by We have $21.06 PT which if reached, will make NASDAQ:CYBE worth $23.75 million less.

Analysts await CyberOptics Corporation (NASDAQ:CYBE) to report earnings on October, 25.

CyberOptics Corporation (NASDAQ:CYBE) Ratings Coverage

Out of 2 analysts covering CyberOptics (NASDAQ:CYBE), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. CyberOptics has been the topic of 2 analyst reports since August 26, 2016 according to StockzIntelligence Inc. The rating was initiated by Lake Street with “Buy” on Friday, August 26. The firm has “Buy” rating by Dougherty & Company given on Wednesday, September 7.

According to Zacks Investment Research, “CyberOptics Corporation is a leading provider of sensors and inspection systems that provide process yield and through-put improvement solutions for the global electronic assembly and semiconductor capital equipment markets. The Company’s products are deployed on production lines that manufacture surface mount technology circuit boards and semiconductor process equipment. By increasing productivity and product quality, our sensors and inspection systems enable electronics manufacturers to strengthen their competitive positions in highly price-sensitive markets. Headquartered in Minneapolis, Minnesota, they conduct worldwide operations through facilities in North America, Asia and Europe.”

Insitutional Activity: The institutional sentiment increased to 1.42 in Q2 2016. Its up 0.42, from 1 in 2016Q1. The ratio improved, as 2 funds sold all CyberOptics Corporation shares owned while 10 reduced positions. 8 funds bought stakes while 9 increased positions. They now own 2.55 million shares or 0.92% more from 2.53 million shares in 2016Q1.
Dimensional Fund Lp, a Texas-based fund reported 581,533 shares. Susquehanna Group Incorporated Ltd Liability Partnership reported 21,228 shares or 0% of all its holdings. White Pine Cap Limited Liability Corporation accumulated 39,550 shares or 0.25% of the stock. Eam Limited Liability Corporation holds 88,878 shares or 0.2% of its portfolio. Wells Fargo & Mn holds 0% or 1,942 shares in its portfolio. Penbrook Management Lc holds 1.48% of its portfolio in CyberOptics Corporation (NASDAQ:CYBE) for 89,350 shares. Vanguard Grp, a Pennsylvania-based fund reported 236,358 shares. Blackrock Institutional Trust Na reported 203,846 shares or 0% of all its holdings. Springbok Capital Mngmt Ltd Co has invested 0% of its portfolio in CyberOptics Corporation (NASDAQ:CYBE). California Public Employees Retirement Sys last reported 0% of its portfolio in the stock. Deutsche Fincl Bank Ag, a Germany-based fund reported 43,131 shares. Royal Financial Bank Of Canada has 0% invested in the company for 248,144 shares. Jpmorgan Chase reported 2,826 shares or 0% of all its holdings. Heartland Advsr Inc has 0.26% invested in the company for 303,711 shares. Tower Rech Capital Ltd Liability (Trc) last reported 0% of its portfolio in the stock.

More recent CyberOptics Corporation (NASDAQ:CYBE) news were published by: which released: “Cyberoptics Corp (CYBE) Sees Q1 Revenue Doubling; Expects ‘Strong’ Profitability” on April 12, 2016. Also published the news titled: “CyberOptics to Display APS2 Technology at SEMICON Korea” on January 19, 2016.‘s news article titled: “CyberOptics Third Quarter 2016 Earnings Conference Call Scheduled for October 25” with publication date: October 11, 2016 was also an interesting one.

CYBE Company Profile

Cyberoptics Corporation, incorporated on January 18, 1984, is a global developer and maker of sensing technology solutions. The Company’s services and products are used in the surface mount technology (SMT), semiconductor and three dimensional (3D) scanning solutions and services markets. The Company’s products are sold into the electronics assembly, dynamic random access memory (DRAM) and flash memory, and semiconductor fabrication capital equipment markets. The Firm develops, makes and sells non-contact sensors and systems for process control and inspection, and for metrology applications and services. The Company’s product offerings are sold to original equipment manufacturers (OEMs) and end user clients in the SMT circuit board assembly and semiconductor fabrication industries. The Company’s OEMs incorporate the Company’s sensor offerings into capital equipment serving these industries. The Firm also sells sensors and standalone inspection systems directly to end users. Through Laser Design, Inc. (LDI), the Company creates value-added products by integrating LDI’s software with sensors and other hardware purchased from third parties, and sells both these value-added products and metrology systems manufactured by third parties for use to create 3D digital maps of objects. These 3D digital images are used in manufacturing, 3D printing and similar applications.

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