Capstone Turbine Co. (NASDAQ:CPST) has earned a consensus recommendation of “Hold” from the five research firms that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $1.33.
Several analysts recently commented on CPST shares. Maxim Group set a $1.00 price objective on shares of Capstone Turbine and gave the company a “buy” rating in a research report on Friday, August 9th. Zacks Investment Research downgraded shares of Capstone Turbine from a “hold” rating to a “strong sell” rating in a research report on Tuesday.
CPST stock traded up $0.01 during trading on Friday, hitting $0.65. 312,900 shares of the stock traded hands, compared to its average volume of 217,094. Capstone Turbine has a 1 year low of $0.55 and a 1 year high of $1.23. The firm’s 50 day moving average is $0.74 and its two-hundred day moving average is $0.83. The stock has a market cap of $47.74 million, a price-to-earnings ratio of -2.60 and a beta of 0.65. The company has a debt-to-equity ratio of 1.69, a current ratio of 2.30 and a quick ratio of 1.77.
Capstone Turbine (NASDAQ:CPST) last announced its quarterly earnings data on Tuesday, June 11th. The industrial products company reported ($0.06) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.02). Capstone Turbine had a negative net margin of 21.30% and a negative return on equity of 75.59%. The firm had revenue of $22.02 million for the quarter, compared to analysts’ expectations of $20.97 million. As a group, analysts anticipate that Capstone Turbine will post -0.15 EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the stock. Wedbush Securities Inc. grew its position in Capstone Turbine by 5.6% during the 1st quarter. Wedbush Securities Inc. now owns 485,365 shares of the industrial products company’s stock valued at $437,000 after purchasing an additional 25,529 shares during the last quarter. Virtu Financial LLC grew its position in Capstone Turbine by 77.5% during the 1st quarter. Virtu Financial LLC now owns 119,327 shares of the industrial products company’s stock valued at $107,000 after purchasing an additional 52,107 shares during the last quarter. Perkins Capital Management Inc. boosted its holdings in shares of Capstone Turbine by 4.9% during the 1st quarter. Perkins Capital Management Inc. now owns 1,374,900 shares of the industrial products company’s stock valued at $1,237,000 after acquiring an additional 63,757 shares during the last quarter. BlackRock Inc. boosted its holdings in shares of Capstone Turbine by 6.5% during the 4th quarter. BlackRock Inc. now owns 520,703 shares of the industrial products company’s stock valued at $312,000 after acquiring an additional 31,682 shares during the last quarter. Finally, GMT Capital Corp purchased a new stake in shares of Capstone Turbine during the 1st quarter valued at about $247,000. 10.88% of the stock is currently owned by institutional investors.
About Capstone Turbine
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.
Further Reading: Average Daily Trade Volume – ADTV
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