Press coverage about Capstone Turbine (NASDAQ:CPST) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Capstone Turbine earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 46.679962058572 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Microturbine Market 2023: Analysis by Product Types & Applications; Industry Top Players, Regions & Market Overview (theautomarketnews.com)
- The Power Generation Technologies Market 2018: Analysis including Size, Share, Key Drivers, Growth Opportunities … (oracletribune.com)
- Capstone Turbine Co. (CPST) Forecasted to Earn FY2020 Earnings of $0.00 Per Share (americanbankingnews.com)
- Capstone continues penetration in Asia-Pacific (seekingalpha.com)
- Capstone Continues Penetration in Asia-Pacific Region with 1.6 MW Signature Series Order for Large-Scale Development Project in South Korea (finance.yahoo.com)
Shares of Capstone Turbine traded down $0.03, reaching $1.30, on Friday, MarketBeat.com reports. The company had a trading volume of 401,725 shares, compared to its average volume of 626,809. Capstone Turbine has a 52-week low of $0.58 and a 52-week high of $1.90. The company has a market capitalization of $85.38 million, a PE ratio of -6.50 and a beta of -0.01.
Capstone Turbine (NASDAQ:CPST) last announced its quarterly earnings results on Tuesday, August 7th. The industrial products company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.03). Capstone Turbine had a negative net margin of 12.77% and a negative return on equity of 47.04%. The company had revenue of $21.19 million during the quarter, compared to analysts’ expectations of $20.85 million. sell-side analysts forecast that Capstone Turbine will post -0.15 EPS for the current fiscal year.
CPST has been the topic of several research reports. Lake Street Capital initiated coverage on Capstone Turbine in a report on Friday, June 15th. They set a “buy” rating and a $3.00 price objective on the stock. Zacks Investment Research upgraded Capstone Turbine from a “sell” rating to a “hold” rating in a report on Monday, April 23rd. ValuEngine downgraded Capstone Turbine from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Maxim Group started coverage on Capstone Turbine in a report on Wednesday, August 1st. They issued a “buy” rating and a $2.50 price target on the stock. Finally, HC Wainwright set a $2.00 price target on Capstone Turbine and gave the company a “buy” rating in a report on Monday, July 30th. Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $2.21.
In related news, Director Robert C. Flexon purchased 30,000 shares of the business’s stock in a transaction dated Tuesday, June 12th. The shares were acquired at an average cost of $1.53 per share, for a total transaction of $45,900.00. Following the acquisition, the director now owns 41,875 shares of the company’s stock, valued at approximately $64,068.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders bought a total of 49,655 shares of company stock worth $74,843 over the last quarter. Company insiders own 1.62% of the company’s stock.
Capstone Turbine Company Profile
Capstone Turbine Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications worldwide. It offers microturbine units, components, and various accessories for applications, including cogeneration comprising combined heat and power (CHP) and integrated CHP, as well as combined cooling, heat, and power; and renewable energy, natural resources, and critical power supply.
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