Shares of Capstone Turbine Co. (NASDAQ:CPST) have earned an average recommendation of “Hold” from the five analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $1.33.
CPST has been the subject of several research analyst reports. Maxim Group set a $1.00 target price on Capstone Turbine and gave the stock a “buy” rating in a research report on Friday, August 9th. Zacks Investment Research lowered Capstone Turbine from a “hold” rating to a “strong sell” rating in a research note on Tuesday.
Shares of CPST traded up $0.01 during mid-day trading on Friday, hitting $0.64. 3,031 shares of the company’s stock traded hands, compared to its average volume of 215,996. The company has a quick ratio of 1.77, a current ratio of 2.50 and a debt-to-equity ratio of 1.18. Capstone Turbine has a 1 year low of $0.55 and a 1 year high of $1.24. The stock has a market cap of $46.63 million, a price-to-earnings ratio of -2.59 and a beta of 0.65. The business has a 50-day simple moving average of $0.74.
Capstone Turbine (NASDAQ:CPST) last released its earnings results 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). The company had revenue of $22.02 million during the quarter, compared to the consensus estimate of $20.97 million. Capstone Turbine had a negative return on equity of 67.42% and a negative net margin of 19.97%. Equities research analysts forecast that Capstone Turbine will post -0.15 EPS for the current year.
Several large investors have recently bought and sold shares of CPST. Wedbush Securities Inc. boosted its position in shares of Capstone Turbine by 5.6% in the 1st quarter. Wedbush Securities Inc. now owns 485,365 shares of the industrial products company’s stock worth $437,000 after purchasing an additional 25,529 shares in the last quarter. BlackRock Inc. increased its holdings in Capstone Turbine by 6.5% in the fourth quarter. BlackRock Inc. now owns 520,703 shares of the industrial products company’s stock valued at $312,000 after buying an additional 31,682 shares during the last quarter. Virtu Financial LLC increased its holdings in Capstone Turbine by 77.5% in the first quarter. Virtu Financial LLC now owns 119,327 shares of the industrial products company’s stock valued at $107,000 after buying an additional 52,107 shares during the last quarter. Perkins Capital Management Inc. increased its holdings in Capstone Turbine by 4.9% in the first quarter. Perkins Capital Management Inc. now owns 1,374,900 shares of the industrial products company’s stock valued at $1,237,000 after buying an additional 63,757 shares during the last quarter. Finally, GMT Capital Corp purchased a new position in Capstone Turbine in the first quarter valued at $247,000. 10.88% of the stock is owned by institutional investors and hedge funds.
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.
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