A number of other research analysts have also recently commented on HTM. Cowen cut US Geothermal from an outperform rating to a hold rating in a research note on Wednesday, January 24th. Zacks Investment Research cut US Geothermal from a hold rating to a sell rating in a research note on Wednesday, January 17th. Finally, Roth Capital set a $5.00 target price on US Geothermal and gave the company a buy rating in a research note on Thursday, November 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $5.67.
US Geothermal (HTM) opened at $5.37 on Wednesday. The company has a market capitalization of $103.52, a P/E ratio of -89.50 and a beta of 0.58. US Geothermal has a 52 week low of $3.11 and a 52 week high of $5.42.
Large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its stake in US Geothermal by 72.4% in the second quarter. Dimensional Fund Advisors LP now owns 25,871 shares of the energy company’s stock worth $119,000 after purchasing an additional 10,864 shares in the last quarter. Northern Trust Corp grew its stake in US Geothermal by 1.2% in the second quarter. Northern Trust Corp now owns 33,281 shares of the energy company’s stock worth $153,000 after purchasing an additional 392 shares in the last quarter. Bank of New York Mellon Corp grew its stake in US Geothermal by 69.4% in the second quarter. Bank of New York Mellon Corp now owns 35,186 shares of the energy company’s stock worth $161,000 after purchasing an additional 14,411 shares in the last quarter. Municipal Employees Retirement System of Michigan bought a new position in US Geothermal in the fourth quarter worth approximately $309,000. Finally, B. Riley Financial Inc. bought a new position in US Geothermal in the fourth quarter worth approximately $345,000.
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US Geothermal Company Profile
U.S. Geothermal Inc is engaged in the renewable green energy business. The Company, through its subsidiary U.S. Geothermal Inc (Geo-Idaho), is engaged in the acquisition, development and utilization of geothermal resources in the Western United States and the Republic of Guatemala. It operates through two segments: Operating Plants, and Corporate and Development.
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