EU: IEC Electronics (AMEX:IEC) Stock Has Just Had Its Buy Rating Reiterated by Maxim Group. Shares now Have a $9.0000 Target

IEC Electronics Corp. (NYSEAMERICAN:IEC) Logo

Investors sentiment increased to 1.33 in Q2 2018. Its up 1.00, from 0.33 in 2018Q1. It improved, as 1 investors sold IEC Electronics Corp. shares while 5 reduced holdings. 5 funds opened positions while 3 raised stakes. 1.86 million shares or 2.54% less from 1.91 million shares in 2018Q1 were reported.

Cobblestone Capital Advsr stated it has 0.06% in IEC Electronics Corp. (NYSEAMERICAN:IEC). Dimensional Fund Advsr Lp stated it has 108,856 shares. California Pub Employees Retirement Sys reported 40,200 shares. Acadian Asset Mngmt Limited Com has 13,411 shares for 0% of their portfolio. Morgan Stanley reported 16,239 shares. Northern Trust holds 0% or 20,870 shares in its portfolio. Blackrock owns 32,657 shares. Wells Fargo And Co Mn accumulated 1 shares. First Manhattan holds 0% in IEC Electronics Corp. (NYSEAMERICAN:IEC) or 3,100 shares. Old Second Bancorporation Of Aurora invested in 0.01% or 5,652 shares. Punch & Inv Inc accumulated 411,846 shares. Weber Alan W invested in 10,000 shares. Geode Cap Mngmt Ltd Liability Corporation holds 22,723 shares. 26,895 are held by Lpl Ltd. Bridgeway Cap Mngmt has 0.01% invested in IEC Electronics Corp. (NYSEAMERICAN:IEC).

Since August 9, 2018, it had 3 buys, and 0 sales for $100,020 activity. $54,200 worth of IEC Electronics Corp. (NYSEAMERICAN:IEC) shares were bought by HADEED CHARLES P. Butler Keith M bought $40,350 worth of IEC Electronics Corp. (NYSEAMERICAN:IEC) on Thursday, August 16.

IEC Electronics (AMEX:IEC) Rating Reaffirmed

EU: In an analyst report published on Wednesday, 28 November, Maxim Group reiterated their Buy rating on IEC Electronics (AMEX:IEC) shares. They now have a $9.0000 target price per share on the firm. Maxim Group’s target means a potential upside of 43.31 % from the company’s previous close.

The stock decreased 2.33% or $0.15 during the last trading session, reaching $6.28. About 25,034 shares traded. IEC Electronics Corp. (AMEX:IEC) has risen 20.36% since December 2, 2017 and is uptrending. It has outperformed by 4.74% the S&P500.

Analysts await IEC Electronics Corp. (NYSEAMERICAN:IEC) to report earnings on December, 5. They expect $0.20 EPS, up 185.71 % or $0.13 from last year’s $0.07 per share. IEC’s profit will be $2.06M for 7.85 P/E if the $0.20 EPS becomes a reality. After $0.02 actual EPS reported by IEC Electronics Corp. for the previous quarter, Wall Street now forecasts 900.00 % EPS growth.

IEC Electronics Corp., together with its subsidiaries, provides electronic manufacturing services in the United States. The company has market cap of $64.62 million. It specializes in delivering technical solutions for the custom manufacturing, product configuration, and verification testing of engineered complex products that require a sophisticated level of manufacturing. It has a 31.56 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.

More notable recent IEC Electronics Corp. (NYSEAMERICAN:IEC) news were published by: Stockhouse.com which released: “Orford Discovers a Thick Gold Mineralized Zone at the Qiqavik Project – Interlake Area and new High-Grade Gold at Surface – Stockhouse” on October 16, 2018, also Prnewswire.com with their article: “Trilogy Metals Reports Drilling Results from the Bornite Project – PR Newswire” published on October 09, 2018, Stockhouse.com published: “Skeena Intersects 10.09 g/t AuEq over 45 Metres at Eskay Creek – Stockhouse” on November 01, 2018. More interesting news about IEC Electronics Corp. (NYSEAMERICAN:IEC) were released by: Stockhouse.com and their article: “Silver One Discovers New High-Grade Silver-Gold Zone at Cherokee Project, Lincoln County, Nevada – Stockhouse” published on October 23, 2018 as well as Digitaljournal.com‘s news article titled: “IEC Electronics to Present at the 11th Annual LD Micro Main Event – Press Release – Digital Journal” with publication date: November 20, 2018.

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

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