Shares of U.S. Geothermal (NYSEAMERICAN:HTM) have received a consensus recommendation of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $6.00.
Several research firms have recently weighed in on HTM. Zacks Investment Research raised U.S. Geothermal from a “sell” rating to a “hold” rating in a report on Tuesday, February 27th. TheStreet raised U.S. Geothermal from a “d” rating to a “c” rating in a report on Wednesday, February 14th. Finally, Roth Capital restated a “buy” rating on shares of U.S. Geothermal in a research note on Friday, April 6th.
Shares of U.S. Geothermal remained flat at $$5.45 during midday trading on Friday, Marketbeat Ratings reports. U.S. Geothermal has a twelve month low of $3.11 and a twelve month high of $5.50.
U.S. Geothermal (NYSEAMERICAN:HTM) last posted its quarterly earnings data on Thursday, March 8th. The energy company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.09 by $0.04. The business had revenue of $10.50 million during the quarter. U.S. Geothermal had a negative return on equity of 6.97% and a negative net margin of 16.65%.
Several institutional investors have recently added to or reduced their stakes in HTM. Dimensional Fund Advisors LP raised its stake in shares of U.S. Geothermal by 175.1% during the third quarter. Dimensional Fund Advisors LP now owns 71,160 shares of the energy company’s stock worth $284,000 after purchasing an additional 45,289 shares during the last quarter. B. Riley Financial Inc. purchased a new position in U.S. Geothermal in the fourth quarter worth $345,000. Private Management Group Inc. raised its position in U.S. Geothermal by 0.5% in the fourth quarter. Private Management Group Inc. now owns 1,818,042 shares of the energy company’s stock worth $6,272,000 after acquiring an additional 9,872 shares in the last quarter. Kennedy Capital Management Inc. raised its position in U.S. Geothermal by 53.9% in the fourth quarter. Kennedy Capital Management Inc. now owns 115,534 shares of the energy company’s stock worth $399,000 after acquiring an additional 40,475 shares in the last quarter. Finally, Fondren Management LP raised its position in U.S. Geothermal by 7.6% in the fourth quarter. Fondren Management LP now owns 1,831,875 shares of the energy company’s stock worth $6,320,000 after acquiring an additional 128,798 shares in the last quarter.
About U.S. Geothermal
U.S. Geothermal Inc, a renewable energy company, focuses on the development, production, and sale of electricity from geothermal energy resources in the Western United States and the Republic of Guatemala. The company owns and operates geothermal power projects with a total power generation capacity of approximately 39 megawatts located at Neal Hot Springs, Oregon; San Emidio, Nevada; and Raft River, Idaho.
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